Covid Impact Emotion Detection and Recognition Market is projected to reach a value of over USD 88.3 billion by 2027 at a CAGR of around 21.2%.

Emotion Detection and Recognition Market: Summary

The Global Emotion Detection and Recognition Market is projected to reach a value of over USD 88.3 billion by 2027 at a CAGR of around 21.2%.

The emotion recognition is refers to a process of identifying the human emotion. Also, it a technique which helps to provide advance image processing as well as a features to read an emotion such as anger, fear, sadness, joy and so on. Whereas, the emotion detection and recognition (EDR) is a method which is being used for recognition and detection of the human emotion, with the help of technological capabilities that includes facial recognition, speech & voice recognition, and pattern recognition.

Hence, this is being implemented to know the about a person’s feeling with the help of a facial image or video. These trend in the technology may lead to boost the growth of the market in the forecast period.

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Emotion Detection and Recognition Market: Drivers & Restraints

Market Driver:

• Growing Adoption of Wearable Technology

With the growing adoption of wearable technology is witness to boost the growth of the market in the forecast period. Whereas, the wearable technology contain sensors for tracking information which helps to detect the physical traces such as skin temperature, blood pressure as well as the heart rate. As per the Cisco Systems, the number of connected wearable devices is estimated to reach more than 1000 million by 2022. Moreover, the Huami’s latest smartwatch, Amazfit GTS is powered by its Huami Bio Tracker Optical sensor, enabling 24-hour precision heart rate monitoring

Furthermore, the wearable are majorly getting equipped with ECG monitors and can measure electrocardiograms as well as communicate the readings to physicians for diagnosis, and for emergency alerts. Hence, the human emotions such as facial expressions, body postures, and gestures, are accompanied by physiological changes, which can measure with the wearable technology. These growing trend will led to boost the growth of the market in the forecast period.

Market Restraints:

• High Cost Issue

One of the major key concern of the market high cost issue which may hamper the market growth. Whereas, the emotion detection and recognition system is performing various processes to detect the emotions. Incorporation of such processes and function into a system lead to create a heavy cost to the system. Moreover, the emotion detection application is of different types which includes functional as well as nonfunctional. The functional required face images, image pre-processing, whereas the non-functional required the usability, and scalability.

Hence, these will lead to create a major impact for the growth of the emotion detection and recognition market in the forecast period.

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Emotion Detection and Recognition Market: Key Segments

• Segmentation based on Software Tool: Facial Expression & Emotion Recognition, Voice Recognition and Gesture & Posture Recognition.
• Segmentation based on Technology: Pattern Recognition Network, Machine Learning, Natural Language Processing, Bio-sensors Technology, Feature Extraction and 3D Modeling and Others.
• Segmentation based on Service: Storage and Maintenance and Consulting and Integration
• Segmentation based on Application: Law Enforcement, Surveillance, & Monitoring, Entertainment & Consumer Electronics, Marketing & Advertising, E-Learning, Medical Emergency, Video Games and Others.
• Segmentation based on End-User: Commercial, Industrial, Defense, Government, Retail, Entertainment, Transportation and Others.
• Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Key Companies Covered

• Google (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
• Apple (Emotient)
• Microsoft
• IBM Corporation
• Affectiva
• Noldus Information Technology
• Tobii AB
• NEC Corporation
• Sentiance NV
• NVISO SA
• Other Key Companies
• Eyesight Technologies Ltd.
• Ayonix Corporation
• Cognitec Systems GmbH
• Sightcorp
• Kairos AR, Inc.

Emotion Detection and Recognition Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Emotion Detection and Recognition Market, by Software Tool

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

Emotion Detection and Recognition Market, by Technology

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

Emotion Detection and Recognition Market, by Service

• Storage and Maintenance
• Consulting and Integration

Emotion Detection and Recognition Market, by Application

• Law Enforcement, Surveillance, & Monitoring
• Entertainment & Consumer Electronics
• Marketing & Advertising
• E-Learning
• Medical Emergency
• Video Games
• Others

Emotion Detection and Recognition Market, by End-User

• Commercial
• Industrial
• Defense
• Government
• Retail
• Entertainment
• Transportation
• Others

Emotion Detection and Recognition Market, by Region

• North America
• US
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• Taiwan
• South Korea
• Rest of Asia-Pacific
• Europe
• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe
• Middle East & Africa
• Saudi Arabia
• UAE
• Rest of Middle East & Africa
• South America
• Brazil
• Argentina
• Rest of South America

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Table of Content

1. INTRODUCTION
2. Research Objectives
3. Market Definition
4. Research Scope
5. Regional Coverage
6. Research Timeline
7. Assumptions
8. Limitations
9. RESEARCH DESIGN & SCOPE
10. Introduction
11. Primary Research
12. Key Industry Expert Insight
13. Secondary Research
14. Vital Data from Secondary Sources
15. Market Size Estimation
16. Data Validation & Triangulation
17. EXECUTIVE SUMMARY
18. MARKET DYNAMICS
19. Introduction
20. Drivers
21. Rising Demand for Internet of Things (IoT)
22. Growing Adoption of Wearable Technology
23. Increasing Penetration of Smartphones
24. Restraint
25. High Cost Issue
26. Opportunities
27. Growing Government Support to Advance the Recognition Technology
28. Rising Technological Advancement in Artificial Intelligence(AI) and Machine Learning (ML)
29. Challenges
30. Misinterpretation in Analysis of Emotions
31. Data Privacy and Security Concern
32. INDUSTRY TRENDS — PORTERS FIVE FORCES ANALYSIS
33. Introduction
34. Power of Buyers
35. Power of Suppliers
36. Intensity of Competition
37. Challenges of Substitutes
38. Challenges of New Entrants
39. Macro-Economic Indicators
40. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY SOFTWARE TOOL, Market Size in USD Million (2019–2027)
41. Introduction
42. Facial Expression & Emotion Recognition
43. Voice Recognition
44. Gesture & Posture Recognition
45. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY TECHNOLOGY, Market Size in USD Million (2019–2027)
46. Introduction
47. Pattern Recognition Network
48. Machine Learning
49. Natural Language Processing
50. Bio-sensors Technology
51. Feature Extraction and 3D Modeling
52. Others
53. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY SERVICE, Market Size in USD Million (2019–2027)
54. Introduction
55. Storage and Maintenance
56. Consulting and Integration
57. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY APPLICATION, Market Size in USD Million (2019–2027)
58. Introduction
59. Law Enforcement, Surveillance, & Monitoring
60. Entertainment & Consumer Electronics
61. Marketing & Advertising
62. E-Learning
63. Medical Emergency
64. Video Games
65. Others
66. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY END-USER, Market Size in USD Million (2019–2027)
67. Introduction
68. Commercial
69. Industrial
70. Defense
71. Government
72. Retail
73. Entertainment
74. Transportation
75. Others
76. GLOBAL EMOTION DETECTION AND RECOGNITION MARKET BY REGION, Market Size in USD Million (2019–2027)
77. North America
78. US
79. Canada
80. Mexico
81. Europe
82. Germany
83. France
84. Italy
85. UK
86. Russia
87. Rest of Europe
88. Asia-Pacific
89. China
90. India
91. Japan
92. Taiwan
93. South Korea
94. Rest of Asia-Pacific
95. Middle East and Africa
96. Saudi Arabia
97. UAE
98. Rest of Middle East and Africa
99. South America
100. Brazil
101. Argentina
102. Rest of South America
103. COMPETITIVE LANDSCAPE
104. Introduction
105. Market Ranking/Share Analysis of Key Companies
106. Company Benchmarking
107. COMPANY PROFILES
108. Google
109. Company Overview
110. Financial Overview
111. Products/Solutions/Services Offered
112. Key Developments
113. SWOT Analysis
114. Apple (Emotient)
115. Microsoft
116. IBM Corporation
117. Affectiva
118. Noldus Information Technology
119. Tobii AB
120. NEC Corporation
121. Sentiance NV
122. NVISO SA
123. Other Key Companies
124. Eyesight Technologies Ltd.
125. Ayonix Corporation
126. Cognitec Systems GmbH
127. Sightcorp
128. Kairos AR, Inc.
129. APPENDIX
130. Key Industry Expert Insights
131. Primary Discussion Guide
132. Customization Options

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