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Emotion Recognition and Sentiment Analysis Software Market Overview 2018 - 2026: Affectiva, Inc., Apple, Inc., Realeyes, Inc., nViso S.A., Sightcorp, Sentiance, Tobii AB., Kairos AR, Inc.

12-07-2018 02:29 PM CET | IT, New Media & Software

Press release from: MarketResearchReports.biz

Emotion Recognition and Sentiment Analysis Software Market

This report mainly introduces volume and value market share by players, by regions, by product type, by application and also their price change details. As a MarketResearchReports.Biz report, it covers all details inside analysis and opinion in “Emotion Recognition and Sentiment Analysis Software Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026”.

Emotion detection and recognition is a technology that reads the human facial emotions by using advanced image processing. An emotion recognition and sentiment analysis software can seize human micro-expressions. The software is beneficial primarily for security purposes. Emotion recognition and sentiment analysis technologies have been able to capture a wide range of body languages that remain unnoticed even by humans themselves. Companies have been working on combining refined algorithms with promising image processing techniques that have been developed in the recent years. This approach would help enterprises understand more about how a particular video or an image of a person's face provides insights about his/her thoughts and emotions.

Initially, emotion recognition and sentiment analysis systems were deployed by surveillance departments and law enforcement agencies to detect polygraph and lie tests. Nevertheless, the range of usage of these technologies has been expanding in several industry verticals such as gaming, research, retail, health care, marketing, and media & entertainment. Thus, the need for sophisticated and advanced technologies to standardize emotion detection is increasing worldwide. Growing availability of cognitive services, increasing focus on improvement in the country’s competitive intelligence, expanding surveillance sector, and rising number of applications of the software in numerous industry verticals are driving the emotion recognition and sentiment analysis software market. Other factors such as increasing trend of using the wearable and Internet of things (IoT) technology are also promoting growth of the market. However, high functional requirements and application costs associated with deployment of the technology are major challenges that the market is anticipated to face in the near future. However, growing development of the emotion detection technology and rising adoption among end-users offer immense opportunities to vendors operating in the emotion recognition and sentiment analysis software market.

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The emotion recognition and sentiment analysis software market can be segmented based on component, end-user, industry vertical, enterprise size, and region. In terms of component, the market can be classified into software and solutions. The software segment has been sub-divided into cloud software and on-premise software. The services segment has been sub-divided into managed or outsourced services and professional services. Professional services include consulting, integration & implementation, and maintenance & operations. In terms of end-user, the market has been segmented into commercial, industrial, government, and others (such as personal users). In terms of industry vertical, the emotion recognition and sentiment analysis software market has been segmented into health care, transport & logistics, government & defense, gaming, retail, media & entertainment, and others. Based on enterprise size, the market can be segmented into small- and medium-sized enterprises (SMEs) and large-sized enterprises. The large-sized enterprises segment is estimated to hold the maximum market share throughout the forecast period.

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Geographically, the global emotion recognition and sentiment analysis software market has been classified into North America, Europe, Middle East & Africa, Asia Pacific, and South America. The market in North America and Europe is primarily driven by presence of a large number of vendors of emotion recognition and sentiment analysis software. Growth of the market in North America is primarily attributable to growth of the market in the U.S. and Canada, as companies in these countries are investing heavily in enhancing their research and development (R&D) activities so as to come up with differential offerings. The emotion recognition and sentiment analysis software market in Asia Pacific is primarily driven by increase in the adoption of mobile- and web-based applications in the region. Asia Pacific is also expected to offer lucrative growth opportunities to key players operating in the global emotion recognition and sentiment analysis software market in the next few years, due to significant growth in industrialization in the region.

The emotion recognition and sentiment analysis software market is undergoing its developing stage, as companies in the market are developing innovative technologies and profoundly investing in R&D activities. Some of the key players in the global emotion recognition and sentiment analysis software market include Affectiva, Inc., Apple, Inc., Realeyes, Inc., nViso S.A., Sightcorp, Sentiance, Tobii AB., Kairos AR, Inc., and Noldus Information Technology.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

MarketResearchReports.biz is a seller of syndicated market studies, featuring an exhaustive collection of research reports from leading international publishers. Our repositoryis diverse, spanningvirtually every industrial sector and even more every category and sub-category within the industry. We also provide consulting services to enable our clients have adynamicbusiness perspective.

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