Emotion Detection and Recognition Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Emotion Detection and Recognition Market
The emotion detection and recognition market size was valued at USD 22.82 billion in 2021, and the market is now projected to grow from USD 26.26 billion in 2022 to USD 74.80 billion by 2029, exhibiting a CAGR of 16.1% during the forecast period of 2022-2029.
The market showcased moderate growth in the early phase of the pandemic due to the lockdown and disrupted supply chain management. The use of this software aids companies in appreciating the player’s sentiment through real-time analytics. The developers employ emotion detection into the customer experience to adjust and modify sequences in real-time that is resulting in a more immersive gaming familiarity. Therefore, the COVID-19 pandemic created significant opportunities on the emotion detection and recognition market growth.
The emotion detection and recognition market share globally has increased because of the integration of emotion detection features into smart personal devices and for commercial deployments. The incorporation of speech technologies in smartphones, cars, computers, and smart assistants are propelling market growth. Besides, AI-based devices have been widely used in the user field to control smart home personal assistants.
The trend is increasing IoT applications and embracing EDR in vehicles is fostering market growth. The significant development in internet of thing-based technologies amplified the acceptance of wearable and enormous growth in smartphone usage is nurturing the industry's growth. The device is prepared with computer vision and deep learning algorithms are enabling organizations to recognize humans' facial emotions. Furthermore, the rapid inclination of consumers toward digitization and IoT devices enhanced the demand for speech and voice recognition technology.
Comprehensive Analysis of Emotion Detection and Recognition Market
The emotion detection and recognition market and information & communication technology industry is rising at an exponential rate due to its market segmentation. This market expansion effectively presents a thorough regional assessment considering the dominant supply and demand forces that impact the information & communication technology industry. These segmentations are methodically segregated by type and application. The types include facial recognition, speech and voice recognition, biosensing, gesture and posture recognition. The applications are healthcare, automotive, media & entertainment, recruitment, education, public security & law enforcement, education, public security & law enforcement, BFSI, retail, and others.
The North American region is conducive to the global emotion detection and recognition market, leading to a recall of USD 8.88 billion due to the existence of major players across various countries, geographical presence and significant Research & Development (R&D) activities are contributing to the significant deployments of the product.
The top players in the market play a crucial role in the information & communication technology industry assuring industrial prospectus growth and setting market standards. These players include Kairos AR, Inc. (U.S.), iMotions (Sweden), Noldus Information Technology BV (U.S.), Amazon.com, Inc. (U.S.), Realeyes (U.S.), IBM Corporation (U.S.), Google (U.S), Emotibot (China), NuraLogix Corporation (U.S.), and Entropik Technologies Pvt. Ltd. (U.K.), these market players provide a level-playing competitive landscape.
In April 2023, Zoom, a video communication provider, developed an Artificial Intelligence (AI) based system. The system is created to monitor and analyze the user's emotions. This system helps to understand the “emotional state” of the business deal.
Segmentation Table
Global Emotion Detection and Recognition Market Scope
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD billion)
Segmentation
By Type, Application, and Region
By Type
Facial Recognition
Speech and Voice Recognition
Biosensing
Gesture and Posture Recognition
By Application
Healthcare
Automotive
Media & Entertainment
BFSI
Education
Public Security & Law Enforcement
Retail
Recruitment
Others (Market Research)Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Emotion Detection and Recognition Key Players Market Share Insights and Analysis, 2021
- 5. Global Emotion Detection and Recognition Market Size Estimates and Forecasts By Segments, 2018-2029
- 5.1. Key Findings
- 5.2. By Type (USD)
- 5.2.1. Facial Recognition
- 5.2.2. Speech and Voice Recognition
- 5.2.3. Biosensing
- 5.2.4. Gesture and Posture Recognition
- 5.3. By Application (USD)
- 5.3.1. Healthcare
- 5.3.2. Automotive
- 5.3.3. Media & Entertainment
- 5.3.4. Recruitment
- 5.3.5. Education
- 5.3.6. Public Security & Law Enforcement
- 5.3.7. BFSI
- 5.3.8. Retail
- 5.3.9. Others (Market Research, etc.)
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 6. North America Emotion Detection and Recognition Market Size Estimates and Forecasts, By Segments, 2018-2029
- 6.1. Key Findings
- 6.2. By Type (USD)
- 6.2.1. Facial Recognition
- 6.2.2. Speech and Voice Recognition
- 6.2.3. Biosensing
- 6.2.4. Gesture and Posture Recognition
- 6.3. By Application (USD)
- 6.3.1. Healthcare
- 6.3.2. Automotive
- 6.3.3. Media & Entertainment
- 6.3.4. Recruitment
- 6.3.5. Education
- 6.3.6. Public Security & Law Enforcement
- 6.3.7. BFSI
- 6.3.8. Retail
- 6.3.9. Others (Market Research, etc.)
- 6.4. By Country (USD)
- 6.4.1. United States
- 6.4.1.1. By Application
- 6.4.2. Canada
- 6.4.2.1. By Application
- 6.4.3. Mexico
- 6.4.3.1. By Application
- 7. South America Emotion Detection and Recognition Market Size Estimates and Forecasts, By Segments, 2018-2029
- 7.1. Key Findings
- 7.2. By Type (USD)
- 7.2.1. Facial Recognition
- 7.2.2. Speech and Voice Recognition
- 7.2.3. Biosensing
- 7.2.4. Gesture and Posture Recognition
- 7.3. By Application (USD)
- 7.3.1. Healthcare
- 7.3.2. Automotive
- 7.3.3. Media & Entertainment
- 7.3.4. Recruitment
- 7.3.5. Education
- 7.3.6. Public Security & Law Enforcement
- 7.3.7. BFSI
- 7.3.8. Retail
- 7.3.9. Others (Market Research, etc.)
- 7.4. By Country (USD)
- 7.4.1. Brazil
- 7.4.1.1. By Application
- 7.4.2. Argentina
- 7.4.2.1. By Application
- 7.4.3. Rest of South America
- 8. Europe Emotion Detection and Recognition Market Size Estimates and Forecasts, By Segments, 2018-2029
- 8.1. Key Findings
- 8.2. By Type (USD)
- 8.2.1. Facial Recognition
- 8.2.2. Speech and Voice Recognition
- 8.2.3. Biosensing
- 8.2.4. Gesture and Posture Recognition
- 8.3. By Application (USD)
- 8.3.1. Healthcare
- 8.3.2. Automotive
- 8.3.3. Media & Entertainment
- 8.3.4. Recruitment
- 8.3.5. Education
- 8.3.6. Public Security & Law Enforcement
- 8.3.7. BFSI
- 8.3.8. Retail
- 8.3.9. Others (Market Research, etc.)
- 8.4. By Country (USD)
- 8.4.1. United Kingdom
- 8.4.1.1. By Application
- 8.4.2. Germany
- 8.4.2.1. By Application
- 8.4.3. France
- 8.4.3.1. By Application
- 8.4.4. Italy
- 8.4.4.1. By Application
- 8.4.5. Spain
- 8.4.5.1. By Application
- 8.4.6. Russia
- 8.4.6.1. By Application
- 8.4.7. Benelux
- 8.4.7.1. By Application
- 8.4.8. Nordics
- 8.4.8.1. By Application
- 8.4.9. Rest of Europe
- 9. Middle East & Africa Emotion Detection and Recognition Market Size Estimates and Forecasts, By Segments, 2018-2029
- 9.1. Key Findings
- 9.2. By Type (USD)
- 9.2.1. Facial Recognition
- 9.2.2. Speech and Voice Recognition
- 9.2.3. Biosensing
- 9.2.4. Gesture and Posture Recognition
- 9.3. By Application (USD)
- 9.3.1. Healthcare
- 9.3.2. Automotive
- 9.3.3. Media & Entertainment
- 9.3.4. Recruitment
- 9.3.5. Education
- 9.3.6. Public Security & Law Enforcement
- 9.3.7. BFSI
- 9.3.8. Retail
- 9.3.9. Others (Market Research, etc.)
- 9.4. By Country (USD)
- 9.4.1. Turkey
- 9.4.1.1. By Application
- 9.4.2. Israel
- 9.4.2.1. By Application
- 9.4.3. GCC
- 9.4.3.1. By Application
- 9.4.4. North Africa
- 9.4.4.1. By Application
- 9.4.5. South Africa
- 9.4.5.1. By Application
- 9.4.6. Rest of MEA
- 10. Asia Pacific Emotion Detection and Recognition Market Size Estimates and Forecasts, By Segments, 2018-2029
- 10.1. Key Findings
- 10.2. By Type (USD)
- 10.2.1. Facial Recognition
- 10.2.2. Speech and Voice Recognition
- 10.2.3. Biosensing
- 10.2.4. Gesture and Posture Recognition
- 10.3. By Application (USD)
- 10.3.1. Healthcare
- 10.3.2. Automotive
- 10.3.3. Media & Entertainment
- 10.3.4. Recruitment
- 10.3.5. Education
- 10.3.6. Public Security & Law Enforcement
- 10.3.7. BFSI
- 10.3.8. Retail
- 10.3.9. Others (Market Research, etc.)
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.1.1. By Application
- 10.4.2. Japan
- 10.4.2.1. By Application
- 10.4.3. India
- 10.4.3.1. By Application
- 10.4.4. South Korea
- 10.4.4.1. By Application
- 10.4.5. ASEAN
- 10.4.5.1. By Application
- 10.4.6. Oceania
- 10.4.6.1. By Application
- 10.4.7. Rest of Asia Pacific
- 11. Company Profiles (Based on data availability in public domain and/or on paid databases)
- 11.1. Kairos AR, Inc.
- 11.1.1. Overview
- 11.1.2. Offerings/Business Segments
- 11.1.3. Employee Size
- 11.1.4. Key Financials
- 11.1.5. Recent Developments
- 11.2. iMotions
- 11.2.1. Overview
- 11.2.2. Offerings/Business Segments
- 11.2.3. Employee Size
- 11.2.4. Key Financials
- 11.2.5. Recent Developments
- 11.3. Noldus Information Technology BV
- 11.3.1. Overview
- 11.3.2. Offerings/Business Segments
- 11.3.3. Employee Size
- 11.3.4. Key Financials
- 11.3.5. Recent Developments
- 11.4. Amazon.com, Inc.
- 11.4.1. Overview
- 11.4.2. Offerings/Business Segments
- 11.4.3. Employee Size
- 11.4.4. Key Financials
- 11.4.5. Recent Developments
- 11.5. Realeyes
- 11.5.1. Overview
- 11.5.2. Offerings/Business Segments
- 11.5.3. Employee Size
- 11.5.4. Key Financials
- 11.5.5. Recent Developments
- 11.6. IBM Corporation
- 11.6.1. Overview
- 11.6.2. Offerings/Business Segments
- 11.6.3. Employee Size
- 11.6.4. Key Financials
- 11.6.5. Recent Developments
- 11.7. Google
- 11.7.1. Overview
- 11.7.2. Offerings/Business Segments
- 11.7.3. Employee Size
- 11.7.4. Key Financials
- 11.7.5. Recent Developments
- 11.8. Emotibot
- 11.8.1. Overview
- 11.8.2. Offerings/Business Segments
- 11.8.3. Employee Size
- 11.8.4. Key Financials
- 11.8.5. Recent Developments
- 11.9. NuraLogix Corporation
- 11.9.1. Overview
- 11.9.2. Offerings/Business Segments
- 11.9.3. Employee Size
- 11.9.4. Key Financials
- 11.9.5. Recent Developments
- 11.10. Entropik Technologies Pvt.Ltd.
- 11.10.1. Overview
- 11.10.2. Offerings/Business Segments
- 11.10.3. Employee Size
- 11.10.4. Key Financials
- 11.10.5. Recent Developments
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