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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AI technology has been proved to be an essential tool in the healthcare industry as it utilizes software and algorithms to analyze complex medical data. The demand for technologically advanced miniaturized electronics and various other tools has been increasing over the last decade. As a result, the manufacturers of AI-based tools are focusing on the development of AI-based software and wearable devices coupled with the tools that can support to track and monitor daily activities more effectively. Wearable devices have garnered attention for emotion recognition applications. Emotion detection and monitoring which is based on normally utilized wearable devices can have an essential role in human-computer interaction and psychological health monitoring.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
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
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
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.
- Microsoft Corp.
- NEC Corp.
- Noldus Information Technology BV
- NVISO SA
- Realeyes OÜ
- Sentiance NV
- Sightcorp B.V.
- Tobii AB
- Vocalis Health
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global emotion detection and recognition market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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