Pointgrab and Eyesight: The two Big Names in Gesture Recognition Market worth $22.04 Billion by 2020

According to a new market research report “Gesture Recognition & Touch-Less Sensing Market by Technology (2D, 3D, Ultrasonic, IR, Capacitive); Product (Biometric, Sanitary Equipment), Application (Healthcare, Consumer Electronics, Automotive), Geography (Americas, EMEA & APAC) - Global Forecasts and Analysis to 2013 – 2020” the total gesture recognition & touch-less sensing market is expected to reach $22.04 billion by 2020 growing at a CAGR of 30.91% from 2013 to 2020.

Browse more than 105 market data tables with 56 figures spread through 310 pages and in-depth TOC on "Gesture Recognition & Touch-Less Sensing Market "
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The touch-less sensing and gesture recognition technologies enable a user to interact with a device to perform a specific task sans the need of touching it. The touch-less sensing can be divided into two broad markets based on the applications, namely touch-less sanitary equipment and touch-less biometric market. The report deals with the analysis of all the technologies of the above-mentioned broad markets and the gesture recognition market.

Global Gesture Recognition & Touch-Less Sensing Market to Grow Exponentially. Touch-less sensing applications have been around for a while, but the companies were unable to leverage this technology due to various reasons such as the sensor size, power requirements, and cost of the products. One of these technologies introduced in the market; i.e. touch-less sanitary ware helped in maintaining high levels of hygiene. The washrooms equipped with such equipment are called as “intelligent washrooms”. The need for this equipment is a trigger from the customers’ need as well as the companies trying to differentiate themselves from the others in the same market.

The major players involved in the Gesture Recognition Market include companies ranging from Chip Manufacturers like Qualcomm, nVIDIA, Texas Instruments to OEM’s such as Samsung, Panasonic, and Sony with key technology providers like PrimeSense (Israel) & SoftKinetic (Belgium). Currently, two companies dominate the 2D Gesture Recognition Software Market: PointGrab (Israel) &EyeSight (Israel) having most of the market share.

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PointGrab, the leader in hand gesture recognition solutions, offers a natural and intuitive way of interaction with consumer devices like PC, Tablet, Cell Phones and Television. PointGrab’s proprietary Hybrid Action Recognition Technology enables devices to anticipate, understand and analyze user’s body language. The advanced software offered by PointGrab can be integrated as an end to end solution or SDK, & is available on all leading PC and Mobile operating systems like Linux, Android, Windows, iOS and OS X platforms. The biggest advantage for PointGrab is that its solutions are integrated in many consumer devices offered by top OEMs like Apple, Samsung, Sony and others.

The most recent strategic development by PointGrab was its partnership with Sun Innovation Technology to bring Gesture Control to home appliances market, which is displayed in CES 2014. The system displayed PointGrab’s gesture based software ability to work with 2D cameras, allowing a user to do operations like Play or Pause music & mute the system just by placing finger on their lips, thus creating a new market segment for themselves.

Another prominent Israel based Software Company is,EyeSight Tech, which is focused on providing solutions to enable gesture recognition on consumer electronic devices. The company offers two major products; namely “EyeCan” & “EyePlay”. EyeCan software offers gesture recognition on mobile and portable devices such as laptops, cellphones, tablets & others, whereas EyePlay deals with playing games on mobile phones & gaming consoles using gestures.

Consumer electronics is the core and the biggest contributor to the gesture recognition market due to the commercialization of this technology in smartphones, media tablets, smart TV’s, set-top boxes and gaming consoles. The use of gesture based technology by OEM’s like Sony, Samsung, Apple and others in their products are also increasing thus enabling this segment to contribute more and more towards gesture recognition market. The growth rate will be very high in the coming years in this segment as the technology is getting developing at a rapid speed. The gesture recognition market was already commercialized in 2012 in several consumer electronics products such as smartphones, laptops, smart TVs, media tablets, and gaming consoles, except for set top boxes where it got commercialized in 2013.

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The healthcare segment holds the key for an exponential growth of the gesture recognition technology. Currently the gesture recognition market in healthcare is still in the beginning stage as most of the applications are only in prototyping stage and has not yet been commercialized and are being used only for rehabilitation applications. Research & Development is going to develop many more innovative products which will enable and help doctors to serve and treat patients in an easier and effective manner. Research is being carried out in order to combine Microsoft’s Kinect camera with an algorithm to convert gestures to commands for manipulating MRI images on large visual display units. The prominent company which is involved with prototyping technology and is working to commercialize gesture recognition technology for healthcare is GestureTek (Canada).

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