Emotion Detection And Recognition Market

Global Emotion Detection And Recognition Market Size

The global emotion detection and recognition market was worth USD 45.39 billion in 2023. The global market is predicted to reach USD 55.83 billion in 2025 and USD 292.49 billion by 2033, growing at a CAGR of 23% during the forecast period.

Globally, the increasing use of technology and different steps taken by every nation towards development are giving a boost to the global emotion detection and recognition market. The invention and research have been done in this field for the last 10 years.

Emotion detection provides various techniques that help in the detection of human behaviour according to its expression. Increasing demand for the Internet of Things (IoT) gives new opportunities for market growth globally. Different factors are driving market growth, such as new advanced technologies like wearables that provide emotion detection through sensing. Different applications and products are provided by different industries for healthcare and defense. Now the rapidly growing sectors in this market are promoting the use of emotion-sensing technology devices.

MARKET DRIVERS

Globally, increasing Emotion Detection And recognition market make a new record in Technology Base industries. The growth rate of the market is very high due to expansion and increasing demand of the market. Many of the factors help to drive the global market. The foremost factor is the Internet of Things (IoT). The increasing demand for Internet and intranet service is really huge, which is promoting the global emotion detection and recognition market.

The next driving factor is wearable technology, in which the measurement of heartbeat, body temperature, blood pressure etc. is also encouraging the global emotion detection and recognition market. Many of the industries make this device and increased demand for these devices in healthcare as well as in defence give a boost to the market.

Also, the use of Biometric detection technology is increasing in the world for safety and security purpose, driving market growth. The use of smartphones increases globally and application which included in it such as Moodnote which use as mood detection drive the global emotion detection and recognition market.

MARKET RESTRAINTS

In the total Global Emotional Detection and Recognition Market, some of the restraints factors are the lack of technical expertise in this field and unawareness of the technology. Also, the detailed understanding of emotion is not easy, because of their several ways of expressing emotions and it will be deceptive too. This device only recognises the basic emotion which is fundamental but it is failed to understand the other non-fundamental 56 emotions.

Also, the lack of connection of human being with digital communications is the main restraint factors of this market. Some regions are not technically fulfilled so the absence of knowledge about this technology controls the market growth. High costs related to the equipment and technology also impede the global emotion detection and recognition market boom.

REPORT COVERAGE

REGIONAL ANALYSIS

Global emotion detection and recognition market is segmented by regions into North America, Europe, APAC, Middle East and Africa, and Row. As per strong economics and development in technology, industries are seen in North America. Also, North America has a significant portion of the global emotion detection and recognition business. Several players are available in the market of this technology and new start-ups are also seen in this area. The US and Canada have a major market share. Some are the key players in North America regions are Affectiva, Kairos and Eyerise.

KEY MARKET PLAYERS

With the help of good market strategies, some of the most leading players in this market are Apple (US) Google (US), Microsoft (US), IBM (US), Affectiva (US), Beyond Verbal (Israel), Noldus Information Technology (Netherlands), Tobii (Sweden), NEC Corporation (Japan), Sentiance (Belgium), nViso (Switzerland), Eyesight Technologies (Israel), Ayonix (Japan), Cognitec Systems (Germany), SightCorp (Netherlands), CrowdEmotion (UK), Kairos (US), Eyeris (US), and SkyBiometry (Lithuania), and iMotions (Denmark). In emotion detection and recognition market, the Affectiva in North America leads in this market. This industry provides different new technology in recent time in emotion detection and recognition market.

RECENT MARKET HAPPENINGS

• In July 2019, EyeSight technologies signed a deal with an automobile company based in China that assists to bring DriverSense, name as Eyesight Technology’s Driver Monitoring System (DMS), to automakers in China.

• In June 2019, Microsoft launched the new four free “Eyes First” games with mobility disabilities and speech. They can play games, such as using eye-gaze input.

• In January 2019, Affectivaindustry made a partnership with the new company Aptiv PLC to enable next-generation vehicle experience. The partnership would deliver innovative and scalable software derives technology for the new trending techniques.

MARKET SEGMENTATION

This research report on the global emotion and recognition market has been segmented and sub-segmented based on the software tool, technology, application, end-user, and region.

By Software Tool

• Facial Expression Emotion Recognition
• Voice Recognition
• Gesture and Posture Recognition

By Technology

• Features Extraction and 3D Mode Line
• NLP (Natural Language Processing) and ML (Machine Learning)

By Application

• Law Enforcement
• Surveillance and Monitoring
• Entertainment And Consumer Electronics
• Marketing and Advertising

Among these, the surveillance and monitoring sector is having a major market growth.

By End User

• Commercial
• Retail

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• The Middle East and Africa