What is Gesture Recognition Technology?

What is gesture recognition?

Gesture recognition is a type of perceptual computing user interface that allows computers to capture and interpret human gestures as commands. The general definition of gesture recognition is the ability of a computer to understand gestures and execute commands based on those gestures. Most consumers are familiar with the concept through Wii Fit, X-box and PlayStation games.

How is a “gesture” defined?

In order to understand how gesture recognition works, it is important to understand how the word “gesture” is defined. In it’s most general sense, the word gesture can refer to any non-verbal communication that is intended to communicate a specific message. In the world of gesture recognition, a gesture is defined as any physical movement, large or small, that can be interpreted by a motion sensor. It may include anything from the pointing of a finger to a roundhouse kick or a nod of the head to a pinch or wave of the hand. Gestures can be broad and sweeping or small and contained. In some cases, the definition of “gesture” may also include voice or verbal commands.

Gesture Recognition Technology Trends

Gesture recognition technology

The gesture recognition technology is getting a commonplace in our digitalized world. This type of technology enables the machines and humans to get interfaced easily inside their home, workplace or vehicle. It enables the natural interactions through the help of electronics which surrounds us. The gesture recognition has gained massive importance in the gaming industry. In the context of multimedia, the 3D gestural interaction is one of the latest trends. The demand for the gesture recognition technology in electronic devices is growing because of several factors including enhanced functionalities, technological advancement, and reduced prices. Significant endeavors have been done here. In particular, 3D gestural interfaces are utilized in gaming and simulation applications. One of the empowering advancements to construct such signal interfaces is motion recognition and hand tracking. 

How is Industry Trending?

The global gesture recognition market is segmented on the basis of product, technology, application, and regional. Based on its product the market is classified into the touch-based and touchless system. On the basis of technology, the segment is further classified into 2D gesture technology, sensors, and 3D gesture technology. On the basis of its application, the market is classified as automotive, transportation, healthcare, IT, telecom, commercial, among others. 

Major Players

Some of the key players in the global gesture recognition market are Apple Inc. (U.S), Iris guard (Jordan), Microsoft Corporation (U.S.), Intel Corporation (U.S), Qualcomm Inc.(U.S), Prime Sense Limited (Isreal), Texas Instruments (U.S.), Infineon Technologies (Germany), Omron Corporation (Japan), SoftKinetic (Belgium), among others.

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Payment made easy – Contactless Payment Card Reader

A pay card reader is a kind of device that is mainly utilized for reading debit cards and credit cards through a pin technology and magnetic band. The pay card reader device is generally connected to the smartphones through an audio jack or also through Bluetooth or NFC technology.

pay card reader market

Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near field communication (NFC, e.g. Samsung Pay, Apple Pay, Google Pay, Fitbit Pay, or any bank mobile application that support Contactless) for making secure payments.

Some suppliers claim that transactions can be almost twice as fast as a conventional cash, credit, or debit card purchase. Because no signature or PIN verification is typically required, contactless purchases are typically limited to small value sales. Lack of authentication provides a window during which fraudulent purchases can be made while the card owner is unaware of the card's loss.

Government over the globe is endeavoring to enhance the mobile and web framework, and the interest to alter the contactless payment system is one of the noteworthy reason augmenting the pay card reader market. The expansion in number of small scales, medium-sized and large ventures is boosting the mobile payment market. The complexities related with bank systems and high exchange charges has prompted the shutdown of numerous small, medium and large organizations and are anticipating implement the card based exchange or transactions. The global pay card reader market is expected to grow at a CAGR of 44% during the forecast period (2017-2023).

Technology plays an essential role in the contactless payment transaction. Various technologies are used for connecting the pay card reader device along with the smartphone or any other portable devices including Bluetooth, near field communication technology, chip and sign, magnetic stripe, biometrics, and QR code. All these technologies mentioned above have their own particular characteristics and is used widely in different mobile-based payment procedure. EMV technology is one of the most secured technologies that is used for automated teller machines, smart card payments, and at other payment terminals. The EMV cards are also called smart card consisting of a magnetic strip which holds the data on the integrated circuits. 

Market Segmentation

The global pay card reader market is bifurcated on the basis of its application and technology. Based on its technology the market is divided into near field communication technology, Europay MasterCard Visa (EMV) Chip, and QR codes. On the basis of its application, the global pay card reader market is segmented into hospitality, healthcare, retail, transportation, entertainment, consumer utility services among others. 

Some of the Major Players

Some of the Major Players in the global pay card reader market include names like Square, Inc., Intuit Inc. (U.S.), Paypal Inc, PayAnywhere LLC (U.S.), First Data Corporation (U.S.), Paynear ONE Solutions (India), CPI Card Group Inc. (U.S.), Gemalto (Netherlands), Mahindra Comviva (India), Infineon Technologies Ag (Germany), among others.

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3D Sensor Technology using Light Sensor

Medical imaging is highly utilized in different medical divisions including magnetic resonance imaging, radiography, nuclear medicine, elastography, ultrasound, photoacoustic imaging, echocardiography, tomography, magnetic particle imaging, and functional near-infrared spectroscopy. Numerous technological innovations like multidetector CT scanners are currently getting adopted in the 3D imaging technologies, among the radiologists and the physicians, for performing timely treatments and accurate diagnosis. The 3D imaging comes with display systems that are being highly adopted in the ophthalmology department due to the growing number of microsurgeries that are being performed. The 3D imaging is also adopted in the field of robotics, which is considered to be one of the fastest-moving applications. With the help of this, detection in the position of the 3D space objects is done.

3D sensor Market Research Report and Forecast 2023

The global 3D sensor market is expected to reach the valuation of USD 5.49 Billion by the year 2023, growing at 27.69% CAGR during the forecast period 2017-2023.


Apart from the application in the robotics, the 3D imaging systems are now targeting different applications, including product profiling, object tracking, the sheet of light applications, 3D x-ray imaging, and time-of-flight applications. Nevertheless, the growing utilization of the 3D sensing technology in different gaming applications and growing requirement for surveillance and security is enabling the growing demand for the 3D enabled devices. However, on the other hand, the increasing cost of maintenance and the complex process of device integration is expected to restrict the development of the 3D sensor market during the forecast period 2017-2023.

Market Segmentation

The global 3D sensors market is classified on the basis of its technology, application, sensors type, and regional demand. Based on its technology segment, the global market is divided into the projected light sensor, time of flight sensors, stereo-vision, and ultrasound. The 3D sensor is again divided on the basis of its application which includes industrial, logistics, automotive, aerospace and defense, healthcare, consumer electronics, and others. Based on its sensor type, the 3D sensor market is bifurcated into an acoustic sensor, the image sensor, accelerometer sensor, among others. 

Regional Analysis

Geographically, the global 3D sensors market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa. 

Major Players

The prominent industry players in the 3D sensor market are – Cognex Corporation (U.S), Qualcomm, Inc. (U.S), Microsoft Corporation (U.S), Intel Corporation (U.S), PMD Technologies AG (Germany), ASUSTek Computer Inc, (Taiwan), Infineon Technology (Germany), Occipital, Inc. (U.S), Microchip Technology (Chandler, Arizona), LMI Technologies (Canada), among others. 

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Construction Software for virtual construction facility

Construction Software Market Research Report, Forecast 2017-2023

Construction software is a set of programs that enable the creation of vector-based representation in 3D formats for construction projects such as buildings, railways, and roads. It is a digital database solution used to capture, manage, and present building information models and provide flexibility to modify or change building design throughout the project lifecycle. Construction software is a kind of virtual construction facility that offers a simulation of the actual physical construction on a smart device such as a tablet, smartphone, or wearable.

construction software market 

The global construction software market is expected to reach a value of approximately USD 2715.6 million by 2023 at a CAGR of 8.8% from 2017 to 2023.

Market Segmentation: The market has been divided into various segments based on product, application, and region.

By product, the global construction software market has been segmented into cloud-based, on-premise, and web-based. The cloud-based software segment is expected to be the fastest-growing during the forecast period at a CAGR of 10.5%. One of the rising trends in Industry 4.0 is the adoption of the cloud in different industrial verticals. The cloud is capable of running large applications without the need for a supercomputer or data center. The cloud applications are powerful and scalable and are flexibly priced to attract various enterprises. Several large enterprises such as Oracle Corporation and Sage Group PLC offer construction software over the cloud as it enhances performance and cost efficiency of the system.

Based on application, the global construction software market has been classified as general contractors, building owners, independent construction managers, and sub-contractors. The independent construction managers segment is expected to grow at the fastest rate registering a CAGR of 10.6% during the forecast period. Construction software offers a 3D visual representation to plan, design, and collaborate during the construction lifecycle. The key feature of construction software is integration. It helps in connecting sub-contractors with designers and provides an accurate visual representation for the sub-contractor to validate costs and manage risks.

Key Players

The Key Players in the global construction software market include Sage Group PLC (UK), Oracle Corporation (US), Trimble Inc. (US), Constellation Software Inc. (Canada), Comprotex Software Inc. (US), BuilderTREND (US), BuilderMT (US), iSqFt (ConstructConnect) (US), Procore Technologies Inc. (US), and Turtle Creek Software (US).

Global Construction Software Market Analysis & Forecast, 2017 to 2023

• To provide a detailed analysis of the market structure along with a forecast of the various segments and sub-segments of the global construction software market.
• To provide insights into factors affecting market growth.
• To analyze the global construction software market based on Porters Five Forces analysis.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main regions and countries—North America, Europe, Asia-Pacific, and the rest of the world.
• To provide country-level analysis of the market with respect to the current market size and future perspective.
• To provide country-level analysis of the market for a segment on the basis of product, application, and region.
• To provide strategic profiling of Key Players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers & acquisitions, new product developments, and research and development in the global construction software market.

Target Audience

• Software Developers
• End Users
• Builders
• Technology Innovators
• Researchers
• Distribution Vendors
• Governments

Key Findings

• The global construction software market is expected to reach USD 2715.6 million by 2023.
• By product, the cloud-based software segment led the market, generating the highest revenue of USD 509 million, in 2017 and is expected to register a 10.5% CAGR during the review period. The cloud-based software segment is also expected to account for the highest revenue by 2023.
• Based on application, the general contractors segment led the market with the highest revenue of USD 511 million in 2017; it is expected to register an 8.1% CAGR during the forecast period and be the largest market by 2023.

Regional and Country-Level Analysis

Geographically, North America dominated the global construction software market with a market share of USD 519.2 million in 2017; the regional market is projected to exhibit a CAGR of 10% during the forecast period. Europe is expected to be the fastest-growing regional market and was the second-largest market in 2017 valued at USD 460.2 million.

The report on the global construction software market also covers the following country-level markets

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Aarkstore Enterprise is one among global marketing research companies dealing in the resale of market reports across different industries and countries. Serving thousands of clients annually with syndicated, custom market research and consulting. Clients from all sectors, including public, private, and commercial are endowed with best data modeling and processing structures with custom reports.

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