Emotion Detection and Recognition (EDR) Market, By Software and Services (Facial Recognition, Speech and Voice Recognition, and Biosensing), By End-User Vertical (Government, Healthcare, Retail, Entertainment, Transportation, and Other End-user Verticals), and By Geography (North America,Latin America, Europe, Asia-Pacific, Middle East and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Emotion recognition has many applications in society and many institutions. The application of emotion recognition in healthcare and security is vital, since it allows for automatic detection of human emotions without asking questions. The technology can also be used for online learning. Along with this, it can also be used to customize the online learning journey for each student based on their learning ability and the pace of delivery.
Emotion recognition is an important application for facial recognition. The technology allows computers to recognize seven universal emotions through the use of facial expressions. It is based on sophisticated algorithms that combine multiple technologies, including image-sensing software, speech analysis software, and voice recognition. The resulting data is then analyzed to produce an accurate analysis.
Market Dynamics:
The increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning, growing demand for socially intelligent artificial agents and the internet of things are also propelling the market's expansion and the rising adoption of wearable technology are the factors driving growth of the global emotion detection and recognition (EDR) market.
However, factors such as incapability of AI to fully understand human emotions, high cost of manufacturing, and stringent government regulations are expected to impede growth of the global emotion detection and recognition (EDR) market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global emotion detection and recognition (EDR)market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global emotion detection and recognition (EDR)market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include audEERING GMBH, Affectiva Inc., Nemesysco Ltd., Emotibot Technologies Limited, Kairos AR Inc., iMotions, Nviso SARL, Noldus, Realeyes OU, and Sight Corp.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global emotion detection and recognition (EDR)market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global emotion detection and recognition (EDR)market
- Global Emotion Detection and Recognition (EDR) Market By, Software and Services:
- Software
- Facial Recognition
- Speech and Voice Recognition
- Biosensing
- Services
- Global Emotion Detection and Recognition (EDR) Market By, End-User Vertical:
- Government
- Healthcare
- Retail
- Entertainment
- Transportation
- Other End-user Verticals
- Global Emotion Detection and Recognition (EDR) Market By, Geography:
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Company Profiles:
- Affectiva Inc.
- Emotibot Technologies Limited
- iMotions
- Noldus
- Sight Corp.
- Realeyes OU
- Nviso SARL
- Kairos AR Inc.
- Nemesysco Ltd
- audEERING GMBH
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Software and Services
- Market Snapshot, By End-User Vertical
- Market Snapshot, By Geography
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Growing adoption of wearable devices
- Rise in need for advanced marketing tools
- Restraints
- Concerns regarding data privacy
- Increasing adoption of data regulations by governments
- Opportunities
- Growing adoption of EDR in law and enforcement
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Emotion Detection and Recognition (EDR) Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Emotion Detection and Recognition (EDR) Market , By Software and Services, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Facial Recognition
- Speech and Voice Recognition
- Biosensing
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- 6. Global Emotion Detection and Recognition (EDR) Market , By End-User Vertical, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Government
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Retail
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Entertainment
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Transportation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Other End-user Verticals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- 7. Global Emotion Detection and Recognition (EDR) Market , By Region, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- Rest of World
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Bn)
- 8. Competitive Landscape:
- Affectiva Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Emotibot Technologies Limited
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- iMotions
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Noldus
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Sight Corp
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Realeyes OU
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Nviso SARL
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Kairos AR Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Nemesysco Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- audEERING GMBH
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on "Global Emotion Detection and Recognition (EDR) Market” - Global forecast to 2030
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