The Global Emotion Detection And Recognition Market is estimated to grow at a CAGR of nearly 19.2% during the forecast period. Rising number of smart city projects across the countries is offering an opportunity for market growth. Smart city projects are gaining significance in several countries such as the US, China, India, and Germany. As per the German Asia-Pacific Business Association, it has been shown that more than 500 cities in China have already been working to the new smart city initiative “PATH. Tencent Holdings, Inc., Huawei Technologies Co., Ltd., and Alibaba Group Holding Ltd. are the major companies involved in the country’s smart city projects
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The global emotion detection and recognition market are estimated to grow at a CAGR of nearly 19.2% during the forecast period. The major factors contributing to the market growth include rising smartphone penetration, increasing demand for wearable devices, and emerging application in the retail sector. There is a rising demand for AI-enabled wearable devices primarily in adults owing to the increasing focus on fitness and health monitoring. AI-enabled wearables support in increasing functionalities and experience of end-users by delivering real-time insights, statistics along with the support to make informed decisions. AI technology utilizes the power of machine learning and natural language processing and is used in various sectors including consumer electronics, healthcare, gaming, and education.
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Company Profiles
Affectiva, Inc.
Amazon Web Services, Inc.
Apple Inc.
audEERING GmbH
Ayonix Corp.
Cognitec Systems GmbH
Element Human Ltd (a Crowd Emotion Company)
Emotibot Technologies Ltd.
Eyeris
Eyesight Technologies Ltd.
Google LLC
IBM Corp.
iMotions A/S
Kairos AR, Inc.
Kia Motors Corp.
Market Segmentation
Global Emotion Detection and Recognition Market by Software
Facial Recognition
Speech and Voice Recognition
Biosensing
Others
Global Emotion Detection and Recognition Market by End-User
Commercial
Defense
Industrial
Others
Market Segmentation
Global Emotion Detection And Recognition Market– Segmentation by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
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