The
global Emotion
Detection And Recognition Market size are anticipated to reach USD
136.46 billion by 2030, according to a new report by Grand View Research, Inc.
The market is expected to expand at a CAGR of 16.7% from 2022 to 2030. The
increasing demand for emotional intelligence across sectors and the growing use
of emotion detection and recognition solutions among businesses are driving the
demand for emotion recognition software.
However,
privacy concerns over data harvesting are projected to limit the market
expansion to some extent. The growing use of voice-driven and gesture-driven
navigation systems and workstations propels growth in the software and hardware
segments. Furthermore, substantial development in IoT-based technologies,
amplified adoption of wearable technologies, and immense growth in the use of
smartphones are also fostering the growth of the market.
Emotion
detection and recognition techniques are widely utilized to gauge consumer
satisfaction through video evaluation and image processing. It can identify a
customer's mood in a variety of demographic categories. Emotion detection using
AI technology integration is also gaining significant prominence. Thus,
artificial intelligence and emotion detection experts collaborate with business
teams to improve the shopping experience.
One
of the primary reasons fueling the expansion of the emotion detection and
recognition market is the increasing need for enhanced security solutions. The
need for emotion detection and recognition solutions is predicted to rise as
the demand for efficient systems to monitor crowd behavior and detect possible
threats grows.
The
market for emotion detection and identification is projected to witness
prominent growth in the coming years due to the continuing advancement of machine
learning and natural language processing. Additionally, the emotion detection
and identification industry are expected to benefit from sentiment analysis
based on changes in facial expression.
List of Key Players in the Emotion Detection And Recognition
Market
- Affectiva
- Apple Inc
- Emotient Inc
- Eyeris
- Kairos AR
Inc
- Noldus
Information Technology
- Realeyes
- Sentiance
- Sightcorp
- SkyBiometry
- NVISO
- Q3
technologies Inc
- Paravision
Inc
- NEC
Corporation
- Tobii
- Cognitec
Related Press
Release@ Emotion
Detection And Recognition Market Report
Emotion Detection And Recognition Market Report
Highlights
- The growing
trend in the development of AI-based systems is predicted to be the
primary growth driver. The use of deep learning algorithms in emotion detection
and recognition solutions to improve outcomes is projected to be a
significant element in the growth of the technology-based segment
- North
America is the leading revenue provider. Increased internet usage and
increasing adoption of IoT and cloud-based applications across
various end-use sectors are driving the regional market growth
- The
increasing application of emotion recognition in the various industrial
sector is expected to drive industry expansion, due to changes in
lifestyle in various nations, including the U.S., Germany, and the U.K.
Growing industries in India and China are also expected to fuel market
growth
- To develop
superior products with a larger user base, key industry participants are
concentrating on implementing artificial intelligence technologies in
emotion detection and recognition
Emotion Detection And Recognition Market Segmentation
Grand
View Research has segmented the global emotion detection and recognition market
based on component, tools, technology, application, end-use vertical, and
region:
Emotion Detection And Recognition Component Outlook
(Revenue, USD Million, 2017 - 2030)
- Software
- Services
Emotion Detection And Recognition Tools Outlook (Revenue,
USD Million, 2017 - 2030)
- Facial
Recognition
- Speech And
Voice Recognition
- Gesture And
Posture Recognition
Emotion Detection And Recognition Technology Outlook
(Revenue, USD Million, 2017 - 2030)
- Bio Sensors
Technology
- Machine
Learning
- Pattern
Recognition
- Feature
Extraction
- Natural
Language Processing
Emotion Detection And Recognition Application Outlook
(Revenue, USD Million, 2017 - 2030)
- Surveillance
and Monitoring
- Marketing
and Advertising
- Robotics and
eLearning
- Medical
Emergency
- Others
Emotion Detection And Recognition End-use Vertical
Outlook (Revenue, USD Million, 2017 - 2030)
- BFSI
- Healthcare
& Life Sciences
- IT &
Telecommunication
- Retail And
eCommerce
- Education
- Media And
Entertainment
- Automotive
- Others
(Government, Hospitality, Manufacturing, etc.)
Emotion Detection And Recognition Regional Outlook
(Revenue, USD Million, 2017 - 2030)
- North
America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- Japan
- India
- South
America
- Brazil
- Middle East
and Africa
About Us:
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com
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