The human-computer interaction market size is expected to see rapid growth in the next few years. It will grow to $1,555.50 billion in 2028 at a compound annual growth rate (CAGR) of 18.5%. The growth in the forecast period can be attributed to rising demand for wearable devices, growing voice user interfaces, expansion of internet of things, demand for context-aware computing, and demand for personalized user experiences. Major trends in the forecast period include biometric authentication, blockchain integration, IoT integration, integration of AI, and gamification.
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Segmentation & Regional Insights
The human-computer interaction market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Technology: Peripherals, Touch Screen Graphical User Interfaces, Gesture And Body Recognition, Speech And Voice Recognition, Natural Language Processing (NLP), Brain Computer Interface, Eye Tracking, Semiotics Solutions, Other Technologies
3) By Organization Size: Small And Medium Enterprises, Large Enterprise
4) By Application: Healthcare, Gaming And Entertainment, Smart Home And White Goods, Wearables, Education, Automotive, Industrial And Factories, Commercial And Businesses, Other Applications
Asia-Pacific was the largest region in the human-computer interaction market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the human-computer interaction market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing adoption of internet of things (IoT) solutions is expected to propel the growth of the human-computer interaction market going forward. The internet of things is an interconnected network of physical devices equipped with sensors, software, and networking capabilities to gather, exchange, and act upon data. The demand for internet of things (IoT) solutions is rising due increasing connectivity, data analytics, artificial intelligence (AI), and consumer demand for smart devices. Human-computer interaction (HCI) focuses on designing intuitive interfaces and interaction methods that allow users to effortlessly communicate with and control IoT devices, access data, and manage settings. For instance, in September 2023, according to a report published by Ericsson, a Sweden-based telecommunications service provider, there were 15.7 billion IoT connections in 2023, which is expected to increase by 16% to reach 38.9 billion connections by 2029. Therefore, the increasing adoption of IoT solutions is driving the growth of the human-computer interaction market.
Key Industry Players
Major companies operating in the human-computer interaction market are Amazon.com Inc., Apple Inc., Google LLC, Microsoft Corporation, Meta Platforms Inc., Dell Technologies Inc., Tencent Holdings Ltd., Sony Corporation, LG Electronics Inc., Intel Corporation, Panasonic Corporation, International Business Machines Corporation , NVIDIA Corporation, Texas Instruments Incorporated, Infineon Technologies AG, Microchip Technology Inc., HaptX Inc., GestureTek, Ommo Technologies Pvt. Ltd., Cogniac Corporation, TANGI0 LTD
The human-computer interaction market report table of contents includes:
1. Executive Summary
2. Human-Computer Interaction Market Characteristics
3. Human-Computer Interaction Market Trends And Strategies
4. Human-Computer Interaction Market – Macro Economic Scenario
5. Global Human-Computer Interaction Market Size and Growth
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31. Human-Computer Interaction Market Other Major And Innovative Companies
32. Global Human-Computer Interaction Market Competitive Benchmarking
33. Global Human-Computer Interaction Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Human-Computer Interaction Market
35. Human-Computer Interaction Market Future Outlook and Potential Analysis
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