Dublin, April 27, 2023 (GLOBE NEWSWIRE) -- The "Emotion Detection and Recognition - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Emotion Detection and Recognition Market to Reach $114.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Emotion Detection and Recognition estimated at US$28.5 Billion in the year 2022, is projected to reach a revised size of US$114.4 Billion by 2030, growing at a CAGR of 19% over the analysis period 2022-2030.
Feature Extraction & 3-D Modelling, one of the segments analyzed in the report, is projected to record a 22.2% CAGR and reach US$47.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Natural Language Processing segment is readjusted to a revised 17.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.3 Billion, While China is Forecast to Grow at 17.6% CAGR
The Emotion Detection and Recognition market in the U.S. is estimated at US$8.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$18.7 Billion by the year 2030 trailing a CAGR of 17.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 16.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.4% CAGR.
Select Competitors (Total 42 Featured) -
- Affectiva
- Beyond Verbal Communication Ltd.
- Crowdemotion Ltd.
- Eyeris
- Kairos AR, Inc.
- Noldus Information Technology
- Nviso SA
- Realeyes
- Sentiance
- Sightcorp BV
- SkyBiometry
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $28.5 Billion |
| Forecasted Market Value (USD) by 2030 | $114.4 Billion |
| Compound Annual Growth Rate | 19.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Product Overview
- Emotion Detection and Recognition Market to Witness Steady Growth
- Emotion Detection and Recognition Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Emotion Detection and Recognition - Global Key Competitors Percentage Market Share in 2022 (E)
- A Glance into Leading Market Players
- Emotion Detection and Recognition Market: Percentage Sales Revenue of Leading Players: 2018
- Emotion Detection and Recognition Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- With Increased Investments in IoT Technology, the Market to Register Stronger Gains
- Estimates of Investments in IoT by Industry: 2014-2019
- Global Market Size (in Billion USD) of IoT Devices: 2016-2020
- Worldwide Installed Base of IoT Connected Devices (in Billions): 2015-2025
- Increasing Demand for Wearable Devices to Support Market Growth
- Breakdown of Demand for Wearable Devices in Units (M) by Region: 2015-2022
- Increase in Mobile Devices Based Applications to Support Market Growth
- Worldwide Growth Rate of Mobile Devices in Billions: 2017-2022
- Increasing Application of Emotion Detection and Recognition Software for Promoting Brands to Bolster Market Demand
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes
- Affectiva
- Beyond Verbal Communication Ltd.
- Crowdemotion Ltd.
- Eyeris
- Kairos AR, Inc.
- Noldus Information Technology
- Nviso SA
- Realeyes
- Sentiance
- Sightcorp BV
- SkyBiometry
For more information about this report visit https://www.researchandmarkets.com/r/vw0osb
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