Affective Computing Market to Boom 1240 million USD Value by 2023 | Global Key Players – IBM, Microsoft, Eyesight Technologies, Affectiva, NuraLogix, Gestigon GmbH

A fresh report has been added to the wide database of Business Industry Reports. The research study is titled “Affective Computing Market” by Manufacturers, Countries, Type and Application, Forecast to 2023 which provides important data about the production, consumption, revenue and company profiles for key industry participants.

Global Affective Computing Market Synopsis:

According to Market Analyst, The Global Affective Computing Market is expected to grow at an impressive Compound Annual Growth Rate (CAGR) from 2019 to 2023.

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With the slowdown in world economic growth, the Affective Computing industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Affective Computing market size to maintain the average annual growth rate of 41.90% from 70 million $ in 2014 to 200 million $ in 2018, Market analysts believe that in the next few years, Affective Computing market size will be further expanded, we expect that by 2023, The market size of the Affective Computing will reach 1240 million $.

Affective computing is a technology which helps in recognizing human decision making through analyzing facial expressions, heart rate, voice and other body parameters. The application of focus group and survey do not provide accurate emotional state of an end-user related to a specific product. Further, their responses may be biased depending upon the surrounding conditions. The emotional state of a consumer can trigger his/her engagement with the brand or product and affect the decision making to buy the product. Therefore, knowing the real-time emotional state can help the businesses to sell their product and thereby increase revenue.

The demand for affective computing is expected to increase in coming years due to increasing adoption of wearable devices and internet. Further, there is a strong need for businesses to understand the need of their customer behavior which is expected to drive the affective computing market.

Global Affective computing finds application in various sectors such as Market Research, Healthcare, Media & Advertisement, Automotive. The healthcare and life sciences sector holds large scale application areas for affective computing technology.

Regionally, North America is expected to hold the largest share in the affective computing market in 2016, which may then overshadowed by the APAC region, by the end of forecast period.

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The Market is segmented and projected on the basis of major key player’s:

1 IBM

2 Microsoft

3 Eyesight Technologies

4 Affectiva

5 NuraLogix

6 Gestigon GmbH

7 Crowd Emotion

8 Beyond Verbal

9 NViso And More……..

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Key Questions Answered in this Report:

1 Which would be global Affective Computing market opportunities and restraints with producers in the industry?

2 What all segmentations covered?

3 Which will be the Affective Computing trending variables currently impacting the market shares?

4 What will be the global Affective Computing market size in 2023?

5 Who will be the top vendors in Affective Computing market?

6 What’s going to be the growth speed?

7 Which will be the significant Affective Computing market trends?

8 Which industry regions are currently affecting on Affective Computing market’s development?

TABLE OF CONTENTS

1 Affective Computing Product Definition

2 Global Affective Computing Market Manufacturer Share and Market Overview

3 Manufacturer Affective Computing Business Introduction

4 Global Affective Computing Market Segmentation (Region Level)

5 Global Affective Computing Market Segmentation (Product Type Level)

6 Global Affective Computing Market Segmentation (Industry Level)

7 Global Affective Computing Market Segmentation (Channel Level)

8 Affective Computing Market Forecast 2019-2023

9 Affective Computing Segmentation Product Type

10 Affective Computing Segmentation Industry

11 Affective Computing Cost of Production Analysis

12 Conclusion

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