Emotion Detection and Recognition Market to Grow at 11.2% CAGR by 2027
" COVID-19 Impact on Emotion detection and recognition Market, size, share, growth, industry analysis, and forecast 2021-2027 "
Emotion Detection and Recognition is software that is mainly used to read or detect the emotions of a human expression with the help of its unique image processing technologies. Emotion Detection and recognition is a technology that enables them to monitor and recognize the behavior and emotions of the consumer about a specific brand. Business enterprises use this technology to perceive the views of their consumers, which could impact their productivity.
The intensifying adoption of wearable devices such as fitness bands, smartwatches, and smart textiles is projected to contribute to the market's growth. Moreover, swift developments in artificial intelligence such as virtual reality, augmented reality propel the market. The advent of advanced technologies such as affective computing, machine learning, natural language processing (NLP), and computational linguistics are likely to fuel the developments in this technology. Also, smart cars' deployment of emotion recognition software for smart driving further propels market growth.
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Furthermore, the rising demand for emotion detection and recognition in the automotive industry, rising government initiatives to strengthen the benefits of emotion detection & recognition technology, increasing partnerships, and expanding ecosystems are the key factors in creating lucrative opportunities for market growth.
The Emotion Detection and Recognition Market report titled “Emotion Detection and Recognition Market by Solution, Application, Technology, End-User, and Geography – Global Forecast up to 2027”
Significant competitors of the emotion detection and recognition market are Beyond Verbal Communication Ltd., Noldus Information Technology, Crowdemotion Ltd., Kairos AR, Inc., and Sightcorp BV.
North America is estimated to hold the major share in the market. The market growth in this region is attributed to technological advancements and the increasing demand for wearable devices. The existence of vital players in this region influences North America's emotion detection and recognition market growth.
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The report consists of 118 Tables and 88 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Emotion Detection and Recognition Market by Solution
- Facial Expression Recognition
- Biosensing Solution
- Speech & Voice Recognition
- Gesture & Posture Recognition
Emotion Detection and Recognition Market by Application
- Law enforcement, Surveillance, & Monitoring
- Entertainment & Consumer Electronics
- Marketing & Advertising
Emotion Detection and Recognition Market by Technology
- Feature Extraction & 3D Modeling
- Biosensors Technology
- Natural Learning Processing (NLP)
- Machine Learning (ML)
- Other Technologies
Emotion Detection and Recognition Market by End-User
Emotion Detection and Recognition Market by Geography
- North America
- Asia Pacific
- Rest of the World