The global emotion detection and recognition market size was at USD 30 billion in 2022 and is estimated to reach USD 68 billion by 2028 at a CAGR of 23.0%. Globally, increasing use of technology and different steps taken by every nation towards the development is giving a boost to the global emotion detection and recognition market. The invention and research are doing in this field from last 10 years.
Emotion detection provides various techniques which help in the detection of human behaviour according to their expression. Increasing demand for the Internet of Things (IoT) gives new opportunities for market growth globally. Different factors are driving the market growth such as new advanced technologies like wearables that provide emotion detection by sensing. Different applications and products are provided by different industries for healthcare and defence. 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 METRIC |
DETAILS |
Market Size Available |
2022 - 2028 |
Base Year |
2022 |
Forecast Period |
2023 - 2028 |
CAGR |
23.0% |
Segments Covered |
By Software Tool, Technology, Application, End User and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
Market Leaders Profiled |
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) and Others. |
Emotion Detection And Recognition Market Segmentation
Global Emotion Detection and Recognition Market is segmented on the basis of different types and drive the total market growth. The market is divided into five types such as,
Among these, the surveillance and monitoring sector is having a major market growth.
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.
Leading Company
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.
Key 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).
Recent Developments
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.
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