Emotion Detection and Recognition Market Size

IMARC Group has recently released a new research study titled, “Emotion Detection and Recognition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the emotion detection and recognition market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

Market Performance:

The global emotion detection and recognition market reached a value of US$ 40.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 116.7 Billion by 2028 exhibiting a CAGR of 19.3% during 2023-2028.

Emotion Detection and Recognition Market Overview:

Emotion detection and recognition or EDR represent specialized systems custom-built to detect and recognize human emotions. In terms of technologies, they can be categorized into several types, such as biosensing, facial recognition, speech and voice recognition, natural language processing, machine learning, pattern recognition, etc. These emotion detection and recognition solutions can scan micro expressions related to happiness, sorrow, rage, disdain, and contempt, aid in identifying behavioral patterns, and analyze the postures and gestures of the body. Consequently, they find extensive applications across various sectors, including law and enforcement, media and entertainment, advertising, medical care, automobile, etc.

Request a sample brochure for free: https://www.imarcgroup.com/emotion-detection-recognition-market/requestsample

Emotion Detection and Recognition Market Trends:

The rising integration of the technology in wearable devices to capture behavioral and physiological data for analyzing and providing automated responses based on emotion is primarily driving the emotion detection and recognition market. Besides this, the escalating usage of EDR services by government bodies to monitor crowd behavior and detect possible threats is further stimulating the market growth.

Additionally, the elevating demand for the software from the automotive segment to manufacture smart cars that will facilitate real-time facial monitoring and alert the driver whenever he is feeling drowsy is acting as another significant growth-inducing factor. Furthermore, the growing focus on developing intelligent emotion detection and recognition systems by utilizing machine learning software library and open-source computer vision is also positively influencing the global market.

Moreover, the launch of numerous advanced technologies that include deep learning and artificial intelligence (AI) algorithms, is expected to fuel the emotion detection and recognition market in the coming years.

Emotion Detection and Recognition Market Report Scope
Report CoverageDetails
Market size value in 2022US$ 40.1 Billion
Market forecast in 2028US$ 116.7 Billion
Growth RateCAGR of 19.3% from 2023 to 2028
Base year for estimation2022
Historical data2017-2022
Forecast period2023-2028

Report Segmentation:

The report has segmented the market on the basis of component, technology, application and end user.

Breakup by Component:

  • Software Tools
    • Facial Expression Recognition
    • Bio-Sensing Software Tools and Apps
    • Speech and Voice Recognition
  • Services
    • Storage and Maintenance
    • Consulting and Integration

Breakup by Technology:

  • Pattern Recognition Network
  • Machine Learning
  • Natural Language Processing
  • Bio-Sensors Technology
  • Feature Extraction and 3D Modelling
  • Others

Breakup by Application:

  • Law Enforcement, Surveillance and Monitoring
  • Marketing and Advertising
  • Media and Entertainment
  • Others

Breakup by End User:

  • Government
  • Healthcare
  • Retail
  • Entertainment
  • Transportation
  • Defence and Security Agency
  • Education
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=6194&flag=C

Competitive Landscape:

The competitive landscape of the emotion detection and recognition market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Cognitec Systems GmbH (SALTO Systems)
  • Kairos AR Inc.
  • Realeyes
  • Affectiva (Smart Eye AB)
  • SkyBiometry.
  • International Business Machines Corporation
  • Noldus Information Technology bv
  • NEC Corporation (AT&T Corporation)
  • Sightcorp BV
  • Paravision
  • Eyeris Technologies Inc.
  • NVISO SA
  • Emotibot Technologies Limited

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Key Highlights of the Report:

  • Market Outlook (2023-2028)
  • Comprehensive Mapping of the Competitive Landscape
  • Porter’s Five Forces Analysis
  • SWOT Analysis
  • Value Chain
  • Impact of COVID-19
  • Market Drivers and Success Factors
  • Market Performance (2017-2022)

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
134 N 4th St. Brooklyn
NY 11249, USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Leave a Reply

Your email address will not be published. Required fields are marked *