The global affective computing market size is expected to reach USD 284.73 Billion at a steady CAGR of 32.5% in 2028, according to latest analysis by Emergen Research.Affective computing technology is garnering considerable traction in the gaming industry, especially, in developing games that feature emotionally-rich interactive storytelling content or conversational agents. Affective computing can help games interact more naturally with the player by using computer vison to recognize their emotions through facial expressions and adapt accordingly.Unmatched information on past, present and upcoming market trends covered in the study offer lucidity on the future projection of the industry.
Growing demand for telemedicine and increasing need to remotely assess patient’s health is a significant factor driving global affective computing market revenue growth.Affective Computing Market Size – USD 28.72 Billion in 2020, Market Growth – at a CAGR of 32.5%, Market Trends – Advancements in technology.Affective computing can help games interact more naturally with the player by using computer vison to recognize their emotions through facial expressions and adapt accordingly.
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A novel research report on global Affective Computing has been recently published by Emergen Research to offer a comprehensive overview of the industry with latest and emerging market trends between 2021 and 2028. The report offers a detailed overview of the market with precise information about product type, application, market size, revenue share, key drivers, restraints, opportunities, and challenges. The report also assesses market trends that can have favorable impact on the market in the coming years along with detailed examination of various market segments on global and regional levels.
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the Affective Computing market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Affective Computing market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
Speech recognition software helps in analyzing speech features like intonation, vocal pitch, and tone, along with the words that denote a particular sentiment or emotional state. Speech recognition software is particularly beneficial in call centers to detect a caller’s angry voice tone, and transfer such calls to a human operator instead of making the caller interact with an automated system, which might increase their frustration level.
Contactless affective computing technology deploys radio waves to identify a person’s feelings and recognize one emotional states, including sadness, pleasure, anger, and joy. Contactless affective computing technology uses rebounding radio waves to measure an individuals’ heart rate and breathing pattern without even establishing any contact with their body.
Key players in the market include Microsoft Corporation, Affectiva, Google LLC, Elliptic Laboratories A/S, Apple Inc., Cognitec Systems GmbH, Sony Depthsensing Solutions, International Business Machine Corporation, Qualcomm Technologies Inc., and Cipia Vision Ltd.
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Emergen Research has segmented the global affective computing market on the basis of offering, technology, industry vertical, and region:
- Offering Outlook (Revenue, USD Billion; 2018–2028)
- Hardware
- Cameras
- Sensors
- Storage Devices
- Others
- Software
- Speech Recognition
- Facial Feature Extraction
- Gesture Recognition
- Others
- Hardware
- Technology Outlook (Revenue, USD Billion; 2018–2028)
- Contactless
- Contact-based
- Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
- Healthcare
- Retail
- Automotive
- Media Entertainment
- BFSI
- IT Telecommunication
- Government
- Others
Key points discussed in the report for Global Affective Computing Market:
Chapter 1: Introduction, market driving force product, Objectives of the Study, and Research Scope of the Affective Computing market
Chapter 2: Exclusive Summary –vital information of the Affective Computing Market.
Chapter 3: Market Dynamics- Drivers, Trends, and Challenges of the Affective Computing Market
Chapter 4: Affective Computing Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Market segmentation by Type, End-User and Region 2016-2018
Chapter 6: Analysis of the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 7 8: Appendix, Methodology and Data Source…Continued
Finally, Affective Computing Market is a valuable source of guidance for individuals and companies.
Regional Overview:
The global Affective Computing market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Affective Computing market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key questions addressed in the report:
- What are the key factors driving the global Affective Computing market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Affective Computing market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Why choose emergen research ?
- Extensive market scope covering all major offerings in the ecosystem
- In-depth analysis for all the countries covered in each report
- Current and upcoming trends impact analysis
- Robust Research Methodology
- Comprehensive Reports
- Latest Technological Developments
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