Emotion Detection and Recognition Market

Emotion Detection and Recognition Market by Technology (Feature Extraction & 3D Modeling, NLP, ML), Software Tool (Facial Expression Recognition, Speech & Voice Recognition), Application Area, End User, and Region - Global Forecast to 2024

Report Code: TC 4016 Feb, 2020, by marketsandmarkets.com

The global emotion detection and recognition market size is projected to grow from USD 21.6 billion in 2019 to USD 56.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period. Factors such as the rising need for socially intelligent artificial agents, increasing demand for speech-based biometric systems to enable multifactor authentication, technological advancements across the globe, and growing need for high operational excellence are expected to work in favor of the market in the near future.

Emotion Detection and Recognition Market

By technology, natural language processing technology to hold the highest market share in 2019

Natural Language Processing (NLP) is a subfield of Artificial Intelligence (AI) that enables computers to understand human languages, including slangs, accents, and contractions, to produce human-like speech and text. It executes a lexical analysis that evaluates languages and sets of data, based on human languages. NLP empowers computers to perform tasks, such as translation, question answering, content classification, part-of-speech tagging, language detection, parsing, lemmatization/stemming, and semantic reasoning. NLP-powered applications are gaining traction in different applications, such as speech and voice recognition, gesture recognition, computer-assisted coding, and data mining.

By software tool, the facial expression recognition segment to grow at the highest CAGR during the forecast period

Facial expressions are a mixture of an individual’s cognitive state, intention, personality, and psychology and are quite often used to communicate messages in interpersonal relationships. Facial expressions are also gestures that are extremely helpful in responding to a particular speech. Facial recognition software is an integral part of the emotion detection and recognition system as it enables the identification of emotions or responses from facial expressions and generates real-time results.

Emotion Detection and Recognition Market

By region, North America to account for the highest market share during the forecast period

North American has the presence of several prominent market players delivering advanced solutions to all the end users in the regions. Owing to their strong economies, the US and Canada are expected to be major contributors to the growth of the emotion detection and recognition market. Apart from this factor, the geographical presence, strategic investments, partnerships, and significant Research and Development (R&D) activities are contributing to the hefty deployments of emotion detection and recognition solutions. Key pure play vendors, such as Affectiva, Kairos, and Eyeris, along with several startups in the region, offer enhanced emotion detection and recognition solutions to cater to the needs of customers. Such factors are expected to fuel the growth of the global emotion detection and recognition market in North America.

Market Players:

The vendors covered in the market report include 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). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches and product enhancements, and acquisitions to expand their presence in the global emotion detection and recognition market.

Scope of the Report

Report Metrics

Details

Market size available for years

2017-2024

Base year considered

2018

Forecast period

2019–2024

Forecast units

Value (USD)

Segments covered

Technology, Software Tool, Application Area, End User, And Region

Geographies covered

North America, Europe, APAC, and RoW

Companies covered

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), SkyBiometry (Lithuania), and iMotions (Denmark)

This research report categorizes the emotion detection and recognition market to forecast revenues and analyze trends in each of the following submarkets:

Based on Technology:

  • Feature Extraction and 3D Modelling
  • Biosensors Technology
  • Natural Learning Processing (NLP)
  • Machine Learning (ML)
  • Others (records management technology, big data analytics, and other middleware tech)

Based on Software Tools:

  • Facial Expression Recognition
  • Biosensing Software Tools and Apps
  • Speech and Voice Recognition
  • Gesture and Posture Recognition

Based on Application Areas:

  • Medical Emergency
  • Marketing and Advertising
  • Law Enforcement, Surveillance, and Monitoring
  • Entertainment and Consumer Electronics
  • Others (robotics and eLearning)

Based on End Users:

  • Enterprises
  • Defense and Security Agency
  • Commercial
  • Industrial
  • Others (people using wearable devices, mobile phones, and independent institutions)

Based on the Region:

  • North America
    • United States (US)
    • Canada
  • Europe
    • United Kingdom (UK)
    • Germany
    • The Netherlands
    • Rest of Europe (France, Russia, and Switzerland)
  • APAC
    • China
    • Japan
    • Australia
    • Rest of APAC (India, New Zealand, and Singapore)
  • RoW (Middle East and Africa [MEA] and Latin America)

Recent Developments

  1. In July 2019, EyeSight technologies partnered with leading tier 1 automobile company in China to help bring DriverSense, Eyesight Technology’s Driver Monitoring System (DMS), to automakers in the Chinese market.
  2. In June 2019, Microsoft launched four free “Eyes First” games for people with speech and mobility disabilities. They can play games, such as tile slide, match two, double up, and maze using the eye gaze input.
  3. In January 2019, Affectiva partnered with Aptiv PLC to enable next-generation vehicle experience. The partnership will deliver innovative and scalable software derived from deep learning architectures - to enhance perception capabilities in advanced safety solutions and reimagine the future of the in-cabin experience.
  4. In September 2018, Affectiva unveiled Mobile Lab with automotive AI technology. The mobile lab car features, which are a part of the first multi-modal in-cabin sensing solution, called Affectiva Automotive AI, demonstrate how AI can make driving safer in semi and fully autonomous vehicles.
  5. In May 2018, Microsoft signed an agreement to acquire XOXCO, a company with conversational AI and bot development capabilities.

Key questions addressed by the report

  • What are the opportunities in the global emotion detection and recognition market?
  • What is the competitive landscape in the market?
  • What are the restraining factors that will impact the market?
  • How have global emotion detection and recognition solutions evolved from traditional interactive solutions?
  • What are the dynamics of the global market?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 18)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Inclusions and Exclusions
    1.3 Market Scope
           1.3.1 Market Segmentation
           1.3.2 Regions Covered
    1.4 Years Considered for the Study
    1.5 Currency Considered
    1.6 Stakeholders

2 Research Methodology (Page No. - 22)
    2.1 Research Data
           2.1.1 Research Data: Scope and Definitions
           2.1.2 Data Sourcing and Triangulation
           2.1.3 Secondary Data
                    2.1.3.1 Vendor Selection and Evaluation
                    2.1.3.2 Geographic Analysis
                    2.1.3.3 Analysis of Industry Trends
           2.1.4 Primary Data
                    2.1.4.1 Key Industry Insights
    2.2 Market Size Estimation
           2.2.1 Revenue Estimates
           2.2.2 Demand Side Analysis
           2.2.3 Top-Down Approach
    2.3 Market Forecast
           2.3.1 Limitations of the Study

3 Executive Summary (Page No. - 32)

4 Premium Insights (Page No. - 36)
    4.1 Attractive Market Opportunities in the Emotion Detection and Recognition Market
    4.2 Market Share of Top 3 End Users and Regions, 2019
    4.3 Market By Application Area, 2019–2024
    4.4 Market By End User, 2019–2024

5 Market Overview and Industry Trends (Page No. - 38)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Rising Need for Socially Intelligent Artificial Agents
                    5.2.1.2 Increased Demand for Speech-Based Emotion Detection Systems to Analyze Emotional States
                    5.2.1.3 Technological Advancements in IoT, AI, Ml, and Deep Learning Across the Globe
                    5.2.1.4 Growing Need for High Operational Excellence, Increased Resource Utilization, and Enhanced Productivity
           5.2.2 Restraints
                    5.2.2.1 High Production Cost of Emotion Detection and Recognition Systems
                    5.2.2.2 Interoperability Concerns
                    5.2.2.3 Oligopoly in the Development of the Speech and Voice Recognition Technologies Using Neural Networks Restricting Its use for Cloud-Based Services
           5.2.3 Opportunities
                    5.2.3.1 Growing Inclination Toward Industry-Specific Solutions
                    5.2.3.2 Increasing Government Initiatives to Leverage Benefits of Emotion Detection and Recognition Technology
                    5.2.3.3 Growing Partnerships and Widening Ecosystems
           5.2.4 Challenges
                    5.2.4.1 Complex Systems for Emotion Recognition
                    5.2.4.2 Deficient Knowledge and Awareness and Technical Challenges
                    5.2.4.3 Threat of Privacy and Data Breach
    5.3 Principles of Measuring Emotions
    5.4 Use Cases
           5.4.1 Use Cases: Healthcare
           5.4.2 Use Cases: Entertainment and Gaming
           5.4.3 Use Cases: Government and Defense
           5.4.4 Use Cases: Automotive
           5.4.5 Use Cases: High-Tech

6 Emotion Detection and Recognition Market, By Technology (Page No. - 49)
    6.1 Introduction
    6.2 Feature Extraction and 3D Modeling
           6.2.1 Feature Extraction and 3D Modeling: Market Drivers
    6.3 Biosensors Technology
           6.3.1 Biosensors Technology: Market Drivers
    6.4 Natural Language Processing
           6.4.1 Natural Language Processing: Market Drivers
    6.5 Machine Learning
           6.5.1 Machine Learning: Market Drivers
    6.6 Other Technologies

7 Emotion Detection and Recognition Market, By Software Tool (Page No. - 57)
    7.1 Introduction
    7.2 Facial Expression Recognition
           7.2.1 Facial Expression Recognition: Market Drivers
    7.3 Biosensing Tools and Apps
           7.3.1 Biosensing Tools and Apps: Market Drivers
    7.4 Speech and Voice Recognition
           7.4.1 Speech and Voice Recognition: Market Drivers
    7.5 Gesture and Posture Recognition
           7.5.1 Gesture and Posture Recognition: Market Drivers

8 Emotion Detection and Recognition Market, By Application Area (Page No. - 64)
    8.1 Introduction
    8.2 Medical Emergency
           8.2.1 Medical Emergency: Market Drivers
    8.3 Marketing and Advertising
           8.3.1 Marketing and Advertising: Market Drivers
    8.4 Law Enforcement, Surveillance, and Monitoring
           8.4.1 Law Enforcement, Surveillance, and Monitoring: Market Drivers
    8.5 Entertainment and Consumer Electronics
           8.5.1 Entertainment and Consumer Electronics: Market Drivers
    8.6 Other Application Areas

9 Emotion Detection and Recognition Market, By End User (Page No. - 71)
    9.1 Introduction
    9.2 Enterprises
           9.2.1 Enterprises: Market Drivers
    9.3 Defense and Security Agency
           9.3.1 Defense and Security Agency: Market Drivers
    9.4 Commercial
           9.4.1 Commercial: Market Drivers
    9.5 Industrial
           9.5.1 Industrial: Market Drivers
    9.6 Other End Users

10 Emotion Detection and Recognition Market, By Region (Page No. - 78)
     10.1 Introduction
     10.2 North America
             10.2.1 United States
                       10.2.1.1 United States: Market Drivers
             10.2.2 Canada
                       10.2.2.1 Canada: Market Drivers
     10.3 Europe
             10.3.1 United Kingdom
                       10.3.1.1 United Kingdom: Market Drivers
             10.3.2 Germany
                       10.3.2.1 Germany: Market Drivers
             10.3.3 Netherlands
                       10.3.3.1 Netherlands: Market Drivers
             10.3.4 Rest of Europe
     10.4 Asia Pacific
             10.4.1 China
                       10.4.1.1 China: Market Drivers
             10.4.2 Japan
                       10.4.2.1 Japan: Market Drivers
             10.4.3 Australia
                       10.4.3.1 Australia: Market Drivers
             10.4.4 Rest of Asia Pacific
     10.5 Rest of the World
             10.5.1 Middle East and Africa
                       10.5.1.1 Middle East and Africa: Market Drivers
             10.5.2 Latin America
                       10.5.2.1 Latin America: Market Drivers

11 Competitive Landscape (Page No. - 129)
     11.1 Introduction
     11.2 Competitive Leadership Mapping
             11.2.1 Visionary Leaders
             11.2.2 Dynamic Differentiators
             11.2.3 Innovators
             11.2.4 Emerging Companies
     11.3 Competitive Scenario
             11.3.1 New Product Launches and Product Enhancements
             11.3.2 Partnerships and Collaborations
             11.3.3 Mergers and Acquisitions

12 Company Profiles (Page No. - 135)
     12.1 Introduction
(Business Overview, Products Offered, Technologies Offered, Recent Developments & SWOT Analysis)*
     12.2 Apple (Emotient)
     12.3 Google
     12.4 Microsoft
     12.5 IBM
     12.6 Affectiva
     12.7 Beyond Verbal
     12.8 Noldus Information Technology
     12.9 Tobii
     12.10 NEC
     12.11 Sentiance
     12.12 nViso
     12.13 Eyesight Technologies
     12.14 Ayonix
     12.15 Cognitec Systems
     12.16 SightCorp
     12.17 CrowdEmotion
     12.18 Kairos
     12.19 Eyeris
     12.20 iMotions
     12.21 Right to Win

*Details on Business Overview, Products Offered, Technologies Offered, Recent Developments & SWOT Analysis Might Not be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 171)
     13.1 Discussion Guide
     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     13.3 Available Customizations
     13.4 Related Reports
     13.5 Author Details


List of Tables (114 Tables)

Table 1 Emotion Detection and Recognition Market Ecosystem: Vendor Selection and Evaluation Criteria
Table 2 Revenue Share Estimates for Selected Vendors
Table 3 Factor Analysis
Table 4 Emotion Detection and Recognition Market Size and Growth, 2017–2024 (USD Billion, Y-O-Y%)
Table 5 Use Case: Healthcare
Table 6 Use Case: Entertainment and Gaming
Table 7 Use Case: Government and Defense
Table 8 Use Case: Automotive
Table 9 Use Case: High-Tech
Table 10 Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 11 Feature Extraction and 3D Modeling: Market Size By Region, 2017–2024 (USD Million)
Table 12 Biosensors Technology: Market Size By Region, 2017–2024 (USD Million)
Table 13 Natural Language Processing: Market Size By Region, 2017–2024 (USD Million)
Table 14 Machine Learning: Market Size By Region, 2017–2024 (USD Million)
Table 15 Other Technologies: Market Size By Region, 2017–2024 (USD Million)
Table 16 Emotion Detection and Recognition Market Size, By Software Tool, 2017–2024 (USD Million)
Table 17 Facial Expression Recognition: Market Size By Region, 2017–2024 (USD Million)
Table 18 Biosensing Tools and Apps: Market Size By Region, 2017–2024 (USD Million)
Table 19 Speech and Voice Recognition: Market Size By Region, 2017–2024 (USD Million)
Table 20 Gesture and Posture Recognition: Market Size By Region, 2017–2024 (USD Million)
Table 21 Emotion Detection and Recognition Market Size, By Application Area, 2017–2024 (USD Million)
Table 22 Medical Emergency: Market Size By Region, 2017–2024 (USD Million)
Table 23 Marketing and Advertising: Market Size By Region, 2017–2024 (USD Million)
Table 24 Law Enforcement, Surveillance, and Monitoring: Market Size By Region, 2017–2024 (USD Million)
Table 25 Entertainment and Consumer Electronics: Market Size By Region, 2017–2024 (USD Million)
Table 26 Other Application Areas: Market Size By Region, 2017–2024 (USD Million)
Table 27 Emotion Detection and Recognition Market Size, By End User, 2017–2024 (USD Million)
Table 28 Enterprises: Market Size By Region, 2017–2024 (USD Million)
Table 29 Defense and Security Agency: Market Size By Region, 2017–2024 (USD Million)
Table 30 Commercial: Market Size By Region, 2017–2024 (USD Million)
Table 31 Industrial: Market Size By Region, 2017–2024 (USD Million)
Table 32 Other End Users: Market Size By Region, 2017–2024 (USD Million)
Table 33 Emotion Detection and Recognition Market Size, By Region, 2017–2024 (USD Million)
Table 34 North America: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 35 North America: Feature Extraction and 3D Modeling Market Size, By Country, 2017–2024 (USD Million)
Table 36 North America: Biosensors Technology Market Size, By Country, 2017–2024 (USD Million)
Table 37 North America: Natural Language Processing Market Size, By Country, 2017–2024 (USD Million)
Table 38 North America: Machine Learning Market Size, By Country, 2017–2024 (USD Million)
Table 39 North America: Other Technologies Market Size, By Country, 2017–2024 (USD Million)
Table 40 North America: Emotion Detection and Recognition Market Size, By Software Tool, 2017–2024 (USD Million)
Table 41 North America: Facial Expression Recognition Market Size, By Country, 2017–2024 (USD Million)
Table 42 North America: Biosensing Software Tools and Apps Market Size, By Country, 2017–2024 (USD Million)
Table 43 North America: Speech and Voice Recognition Market Size, By Country, 2017–2024 (USD Million)
Table 44 North America: Gesture and Posture Recognition Market Size, By Country, 2017–2024 (USD Million)
Table 45 North America: Emotion Detection and Recognition Market Size, By Application Area, 2017–2024 (USD Million)
Table 46 North America: Medical Emergency Market Size, By Country, 2017–2024 (USD Million)
Table 47 North America: Marketing and Advertising Market Size, By Country, 2017–2024 (USD Million)
Table 48 North America: Law Enforcement, Surveillance, and Monitoring Market Size, By Country, 2017–2024 (USD Million)
Table 49 North America: Entertainment and Consumer Electronics Market Size, By Country, 2017–2024 (USD Million)
Table 50 North America: Other Application Areas Market Size, By Country, 2017–2024 (USD Million)
Table 51 North America: Emotion Detection and Recognition Market Size, By End User, 2017–2024 (USD Million)
Table 52 North America: Enterprises Market Size, By Country, 2017–2024 (USD Million)
Table 53 North America: Defense and Security Agency Market Size, By Country, 2017–2024 (USD Million)
Table 54 North America: Commercial Market Size, By Country, 2017–2024 (USD Million)
Table 55 North America: Industrial Market Size, By Country, 2017–2024 (USD Million)
Table 56 North America: Other End Users Market Size, By Country, 2017–2024 (USD Million)
Table 57 United States: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 58 United States: Market Size By Software Tool, 2017–2024 (USD Million)
Table 59 United States: Market Size By Application Area, 2017–2024 (USD Million)
Table 60 United States: Market Size By End User, 2017–2024 (USD Million)
Table 61 Canada: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 62 Canada: Market Size By Software Tool, 2017–2024 (USD Million)
Table 63 Canada: Market Size By Application Area, 2017–2024 (USD Million)
Table 64 Canada: Market Size By End User, 2017–2024 (USD Million)
Table 65 Europe: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 66 Europe: Market Size By Software Tool, 2017–2024 (USD Million)
Table 67 Europe: Market Size By Application Area, 2017–2024 (USD Million)
Table 68 Europe: Market Size By End User, 2017–2024 (USD Million)
Table 69 United Kingdom: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 70 United Kingdom: Market Size By Software Tool, 2017–2024 (USD Million)
Table 71 United Kingdom: Market Size By Application Area, 2017–2024 (USD Million)
Table 72 United Kingdom: Market Size By End User, 2017–2024 (USD Million)
Table 73 Germany: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 74 Germany: Market Size By Software Tool, 2017–2024 (USD Million)
Table 75 Germany: Market Size By Application Area, 2017–2024 (USD Million)
Table 76 Germany: Market Size By End User, 2017–2024 (USD Million)
Table 77 Netherlands: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 78 Netherlands: Market Size By Software Tool, 2017–2024 (USD Million)
Table 79 Netherlands: Market Size By Application Area, 2017–2024 (USD Million)
Table 80 Netherlands: Market Size By End User, 2017–2024 (USD Million)
Table 81 Asia Pacific: Market Size By Technology, 2017–2024 (USD Million)
Table 82 Asia Pacific: Market Size By Software Tool, 2017–2024 (USD Million)
Table 83 Asia Pacific: Market Size By Application Area, 2017–2024 (USD Million)
Table 84 Asia Pacific: Market Size By End User, 2017–2024 (USD Million)
Table 85 China: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 86 China: Market Size By Software Tool, 2017–2024 (USD Million)
Table 87 China: Market Size By Application Area, 2017–2024 (USD Million)
Table 88 China: Market Size By End User, 2017–2024 (USD Million)
Table 89 Japan: Market Size By Technology, 2017–2024 (USD Million)
Table 90 Japan: Market Size By Software Tool, 2017–2024 (USD Million)
Table 91 Japan: Market Size By Application Area, 2017–2024 (USD Million)
Table 92 Japan: Market Size By End User, 2017–2024 (USD Million)
Table 93 Australia: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 94 Australia: Market Size By Software Tool, 2017–2024 (USD Million)
Table 95 Australia: Market Size By Application Area, 2017–2024 (USD Million)
Table 96 Australia: Market Size By End User, 2017–2024 (USD Million)
Table 97 Rest of the World: Emotion Detection and Recognition Market Size, By Region, 2017–2024 (USD Million)
Table 98 Rest of the World: Market Size By Technology, 2017–2024 (USD Million)
Table 99 Rest of the World: Market Size By Software Tool, 2017–2024 (USD Million)
Table 100 Rest of the World: Market Size By Application Area, 2017–2024 (USD Million)
Table 101 Rest of the World: Emotion Detection and Recognition Market Size, By End User, 2017–2024 (USD Million)
Table 102 Middle East and Africa: Market Size By Technology, 2017–2024 (USD Million)
Table 103 Middle East and Africa: Market Size By Software Tool, 2017–2024 (USD Million)
Table 104 Middle East and Africa: Market Size By Application Area, 2017–2024 (USD Million)
Table 105 Middle East and Africa: Market Size By End User, 2017–2024 (USD Million)
Table 106 Latin America: Emotion Detection and Recognition Market Size, By Technology, 2017–2024 (USD Million)
Table 107 Latin America: Market Size By Software Tool, 2017–2024 (USD Million)
Table 108 Latin America: Market Size By Application Area, 2017–2024 (USD Million)
Table 109 Latin America: Market Size By End User, 2017–2024 (USD Million)
Table 110 Evaluation Criteria
Table 111 New Product Launches and Product Enhancements, 2018–2019
Table 112 Partnerships and Collaborations, 2017–2019
Table 113 Mergers and Acquisitions, 2017–2018
Table 114 Right to Win
 
 
List of Figures (34 Figures)
 
Figure 1 Emotion Detection and Recognition Market: Research Design
Figure 2 Sample Secondary Data: Geographic Analysis
Figure 3 Market Size Estimation Methodology: Approach 1
Figure 4 Market Size Estimation Methodology: Approach 2
Figure 5 Assumptions and Forecast Model
Figure 6 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 7 North America to Hold the Highest Market Share in 2019
Figure 8 Fastest-Growing Segments of the Emotion Detection and Recognition Market
Figure 9 Ease in Identifying Criminals and Simplifying Market Strategies to Drive the Adoption of Emotion Detection and Recognition Technology
Figure 10 Defense and Security Agency End User and North America to Hold the Highest Market Shares in 2019
Figure 11 Law Enforcement, Surveillance, and Monitoring Segment to Hold the Highest Market Share During the Forecast Period
Figure 12 Defense and Security Agency Segment to Hold the Highest Market Share in 2019
Figure 13 Emotion Detection and Recognition Market: Drivers, Restraints, Opportunities, and Challenges
Figure 14 Biosensors Technology Segment to Dominate the Market During the Forecast Period
Figure 15 Facial Expression Recognition Software Tool Segment to Hold the Highest CAGR During the Forecast Period
Figure 16 Medical Emergency Application Area to Have the Highest Growth Rate During the Forecast Period
Figure 17 Industrial End User Segment to Hold the Largest Market Size During the Forecast Period
Figure 18 Asia Pacific Emotion Detection and Recognition Market to Grow at the Highest CAGR From 2017 to 2024
Figure 19 North America: Market Snapshot
Figure 20 Asia Pacific: Market Snapshot
Figure 21 Emotion Detection and Recognition Market (Global), Competitive Leadership Mapping, 2018
Figure 22 Key Developments By the Leading Players in the Emotion Detection and Recognition Market During 2017–2019
Figure 23 Apple: Company Snapshot
Figure 24 Apple: SWOT Analysis
Figure 25 Google: Company Snapshot
Figure 26 Google: SWOT Analysis
Figure 27 Microsoft: Company Snapshot
Figure 28 Microsoft: SWOT Analysis
Figure 29 IBM: Company Snapshot
Figure 30 IBM: SWOT Analysis
Figure 31 Affectiva: SWOT Analysis
Figure 32 Tobii: Company Snapshot
Figure 33 NEC: Company Snapshot
Figure 34 NEC: SWOT Analysis

The study involved four major activities to estimate the current size of the emotion detection and recognition market. An exhaustive secondary research was done to collect information on the emotion detection and recognition market. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, the market breakup and data triangulation procedures were used to estimate the size of the segments and subsegments of the market.

Secondary Research

In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, and Dun & Bradstreet have been referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications like International Journal of Engineering and Advanced Technology (IJEAT), Associations for Psychological Science (APS), and Journal of Internet Security and Applications (JISA) and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The emotion detection and recognition market comprises several stakeholders, emotion detection and recognition specialists, emotion detection and recognition solution providers, facial expression recognition specialists, facial recognition solution providers, speech and voice recognition specialists, gesture and posture recognition specialists, business analysts, business intelligence tools, enterprise users, telecommunication providers, technology consultants, and System Integrators (SIs). The demand side of the market consists of enterprises, defense and security agency, commercial and industrial segments. The supply side includes emotion detection and recognition solutions providers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakup of the primary respondent

Emotion Detection and Recognition Market

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the emotion detection and recognition market. These methods were also used extensively to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To determine and forecast the global emotion detection and recognition market by technology, software tool, application area, end user, and region from 2019 to 2024, and analyze the various macroeconomic and microeconomic factors that affect the market growth
  • To forecast the size of the market segments with respect to four main regions: North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall emotion detection and recognition market
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the emotion detection and recognition market

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the report:

Geographic Analysis

  • Further breakup of the European market, which includes the rest of Europe countries, such as France, Russia, and Switzerland
  • Further breakup of the APAC market includes India, New Zealand, and Singapore
  • Further breakup of the RoW market, comprising Latin America and MEA

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Speak to analyst to detect blind spots in your revenue decisions by analysing interconnected unknowns around ""

Related Technologies/Products

 

Adjacent Markets

Mar. Size
2018
CAGR 2018-23

Competitive Landscape

 
 
Share your business objectives to help us evaluate impact of these interconnections on your business
Report Code
TC 4016
Published ON
Feb, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Emotion Detection and Recognition Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home