Knowledge Sourcing Intelligence announces the publication of a new report on “Affective Computing Market - Forecasts from 2020 to 2025" to their offering.
According to the report, the Affective Computing Marketis projected to increase at a CAGR of 29.84% over the forecast period 2019-2025. The rapid innovations and advances in the technology around the world coupled with growing adoption of electronics in our daily lives are projected to stimulate the growth of the affective computing market. The increasing need to capture consumer behavior and personality; the need for software platforms to create a holistic learning management system to be incorporated in educational as well as other training establishment is expected to drive the growth of this market. Moreover, the adoption of cloud computing and rapid incorporation of virtualization across various industries is expected to drive the demand for affective computing solutions globally. This market comprises quite a number of players that are engaged in providing various technologies and hardware. Players in the affective computing market are known to engage in various partnerships to widen the scope of the portfolio of product.
In April 2019, Affectiva announced the finalization of $26 million funding round to further its emotion and object detection AI aid the organization to evolve, accelerate and scale its perceptive technology in the automotive industry as well as in other areas like conversational interfaces, social robotics and market research. The funding round was led by automotive supplier Aptiv PLC (NYSE: APTV).
Shanghai-based artificial intelligence (AI) startup Emotibot has reportedly closed $45 million Series B+, funding with the objective of enhancing emotion-sensing capabilities of robots in human-machine interaction.
The major players covered as part of the report are Affectiva, Beyond Verbal, CrowdEmotion, Emotibot, Gestigon HQ, Intel Corporation, nViso SA, Realeyes and THRIVE Learning System, among others.





This report segmented the Affective Computing on the basis following terms
• By Technology
o Touchless
o Touch-Based

• By Product
o Software
o Gesture Recognition
o Speech Recognition
o Enterprise Software
o Facial Expression Recognition
o Neural Analytics
o Others

• By Vertical
o Healthcare
o Media and Entertainment
o Government and Defense
o Education
o Leisure and Hospitality
o Communication and Technology
o Retail
o Others

• By Geography
o North America
 USA
 Canada
 Mexico

o South America
 Brazil
 Argentina
 Others

o Europe
 Germany
 France
 United Kingdom
 Spain
 Others

o Middle East and Africa
 Saudi Arabia
 Israel
 UAE
 Others

o Asia Pacific
 China
 Japan
 South Korea
 India
 Others

View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/global-affective-computing-market

Knowledge Sourcing Intelligence is a market research and consulting firm based out of India. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such
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