Emotion Detection & Recognition Market by Technology (Biosensors Technology, Feature Extraction & 3D Modelling, Machine Learning), Component (Services, Software), Hardware, Application Area, Verticals - Global Forecast 2023-2030
The Emotion Detection & Recognition Market size was estimated at USD 21.71 billion in 2022 and expected to reach USD 24.31 billion in 2023, at a CAGR 13.46% to reach USD 59.64 billion by 2030 .
Market Segmentation & Coverage:This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Emotion Detection & Recognition Market.
- Based on Technology, market is studied across Biosensors Technology, Feature Extraction & 3D Modelling, Machine Learning, and Natural Learning Processing. The Machine Learning is projected to witness significant market share during forecast period.
- Based on Component, market is studied across Services and Software. The Software is further studied across Biosensing Solution, Facial Expression Recognition, Gesture & Posture Recognition, and Speech & Voice Recognition. The Services is projected to witness significant market share during forecast period.
- Based on Hardware, market is studied across Cameras, Sensors, and Storage Devices & Processors. The Sensors is projected to witness significant market share during forecast period.
- Based on Application Area, market is studied across Entertainment & Consumer Electronics, Law Enforcement, Surveillance, & Monitoring, Marketing and Advertising, and Medical Emergency. The Medical Emergency is projected to witness significant market share during forecast period.
- Based on Verticals, market is studied across Academia & Research, Automotive, BFSI, Healthcare & Social Assistance, IT & ITES, Media & Entertainment, Retail & eCommerce, and Telecommunications. The Academia & Research is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Market Statistics:The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:The FPNV Positioning Matrix is an indispensable tool for assessing the Emotion Detection & Recognition Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:The Market Share Analysis offers invaluable insights into the vendor landscape Emotion Detection & Recognition Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:The report delves into recent significant developments in the Emotion Detection & Recognition Market, highlighting leading vendors and their innovative profiles. These include Affectiva, Inc. by Smart Eye AB, AffectLab by Entropik Technologies Private Limited, Apple Inc., Ayonix, Baidu, Inc., Behavioral Signal Technologies, Inc., Beijing Megvii Technology Co., Ltd., Brainasoft, Broadcom Inc., Cognitec Systems GmbH, CoolTool Inc., Datagen, Element Human Limited, Emotibot, Emozo Labs Inc., Eyeris Technologies, Inc., Fujitsu Limited, Good Vibrations Company B.V., Google LLC by Alphabet Inc, GoVivace Inc., iFLYTEK Co., Ltd., Intel Corporation, International Business Machines Corporation, iSpeech, Inc., Kairos AR, Inc., Komprehend, LumenVox GmbH, Microsoft Corporation, MorphCast, N-TECH.LAB LTD, NEC Corporation, Noldus Information Technology BV, NVISO SA, pmdtechnologies AG, Sensory, Inc., Sestek by Unifonic, Sightcorp by Raydiant, Inc., SkyBiometry, Speechmatics, Tobii AB, and Visage Technologies d.o.o..
The report offers valuable insights on the following aspects:- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as:- What is the market size and forecast for the Emotion Detection & Recognition Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Emotion Detection & Recognition Market?
- What is the competitive strategic window for identifying opportunities in the Emotion Detection & Recognition Market?
- What are the latest technology trends and regulatory frameworks in the Emotion Detection & Recognition Market?
- What is the market share of the leading vendors in the Emotion Detection & Recognition Market?
- Which modes and strategic moves are suitable for entering the Emotion Detection & Recognition Market?
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