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Global Emotion detection & recognition market is estimated to witness a CAGR of +34% over the forecast period (2019-2023), driving the market to reach +27 billion by 2020 with Major players like Affectiva, Beyond Verbal, Crowd Emotion Limited, Emotibot Te

04-05-2019 08:46 AM CET | IT, New Media & Software

Press release from: Absolute Markets Insights

Global Emotion detection & recognition market is estimated

Global Emotion detection & recognition market is gaining popularity, which is attributable to the rising demand for sentiment mapping, usage of bio-sensing software tools, growing cognitive services, and increasing applications in numerous industry sectors such as transportation, healthcare, banking, and government institutions. Currently, the increasing rate of cybercrime and illegal trespassing is driving the usage of biometric authentication and emotion detection systems. This software is used for security purposes in many industry verticals as it is capable of recognizing faces in the real-time, searching & matching faces from the database, and detecting moods and other features. For instance, the defense and security agencies require emotion detection software for surveillance and monitoring purposes. Other determinants such as the evolution of the Internet of Things (IoT), increasing trend of wearable devices, growing amount of spatial data, and availability of various analytical tools hold the potential of revolutionizing the market across the globe. In addition to this, Natural Language Processing (NLP) technology is gaining popularity in the market as it provides cost-effective and easily deployable cloud solutions. This technology is widely used for the summarization of data and social media monitoring.

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Global Emotion detection & recognition market is estimated to witness a CAGR of +34% over the forecast period (2019-2023), driving the market to reach +27 billion by 2020.

Misrepresentation in the analysis of emotions can pose a challenge to the global emotion detection and recognition market. Moreover, organizations find it difficult to optimally utilize this technology due to the lack of expertise and operational challenges.

The detailed research study provides qualitative and quantitative analysis of Global Emotion detection & recognition market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America.

Some of the major players operating in the Global Emotion detection & recognition market are Affectiva, Beyond Verbal, Crowd Emotion Limited, Emotibot Technologies Limited, ENTROPIK TECHNOLOGIES PVT.LTD, Ever Co., Eyeris, Human, iMotions, LIGHTWAVE INC., NEURODATA LAB, Noldus Information Technology, NVISO SA, Q3 technologies, Inc., Realeyes OÜ, Sightcorp, and Ultimate Software amongst others.

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Global Emotion detection & recognition market by Offerings
• Solutions
• Services

By Application
• Facial Emotion Recognition
• Posture/Gesture Recognition
• Voice Recognition

Global Emotion detection & recognition market by technology
• Machine Learning
• Natural Language Processing
• Pattern Recognition Network
• Others

By Organization Size
• Small and Medium Sized Enterprises
• Large Enterprises

Global Emotion detection & recognition market by Industry Vertical
• Consumer Goods
• Military and Defense
• Media and Entertainment
• Healthcare
• Others

By Region
• North America
• U.S.
• Canada
• Mexico
• Rest of North America
• Europe
• France
• The UK
• Spain
• Germany
• Italy
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia Pacific
• Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa

Get More Info on Global Emotion detection & recognition market @ https://www.absolutemarketsinsights.com/reports/Global-Emotion-Recognition-Market-2019-2027-203

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Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization.
From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios.

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Phone: +91-740-024-2424
Contact Name: Shreyas Tanna
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