Global Emotion Recognition And Sentiment Analysis Software Market 2024-2028
The emotion recognition and sentiment analysis software market is forecasted to grow by USD 797.17 mn during 2023-2028, accelerating at a CAGR of 14.15% during the forecast period. The report on the emotion recognition and sentiment analysis software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing popularity of wearable devices, growth of IoT, and rising need for social media monitoring.
Technavio's emotion recognition and sentiment analysis software market is segmented as below:
By Application
- Customer service/experience
- Product/market research
- Patient diagnosis
- Others
By Deployment
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing adoption of real-time sensing analysis as one of the prime reasons driving the emotion recognition and sentiment analysis software market growth during the next few years. Also, emergence of automated chatbots and virtual assistants and use of ER and SA software in law enforcement and judicial applications will lead to sizable demand in the market.
The report on the emotion recognition and sentiment analysis software market covers the following areas:
- Emotion recognition and sentiment analysis software market sizing
- Emotion recognition and sentiment analysis software market forecast
- Emotion recognition and sentiment analysis software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading emotion recognition and sentiment analysis software market vendors that include Adoreboard, Affectiva Inc., Alphabet Inc., Amazon.com Inc., Amelia US LLC, Apple Inc., BirdEye, Inc., Creative Virtual Ltd., Imperson Inc., Infegy, InMoment Inc., International Business Machines Corp., Kairos AR Inc., Komprehend, Inc, Microsoft Corp., Noldus Information Technology bv, NVISO SA, Realeyes OU, Sentiance NV, and Smart Eye AB. Also, the emotion recognition and sentiment analysis software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.