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Affective Computing Market 2018-2025 - Global Opportunity and Forecast | Key market players

04-16-2019 08:21 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Affective Computing Market 2018-2025 - Global Opportunity

Affective computing aspires to reduce the distance between human emotions and machines by developing computational systems that recognize, response, and express emotions. Computer scientists and major players in the market are inclined toward putting more efforts on affective computing to develop a highly intelligent computing system, which enriches the proactive and intelligent humanmachine interaction.

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Increase in adoption of connected devices across various end-user verticals and continuous advancement in enabling technologies are anticipated to drive the market growth during the forecast period. However, lack of standardization and high production cost are estimated to hamper the market growth.

The affective computing market is segmented on the basis of type, vertical, and region. Based on type, it is categorized into hardware and software segments. The software segment is divided into analytics software, enterprise software, facial feature extraction, gesture recognition, and speech recognition. Based on vertical, it is classified into retail sector, transportation & logistics, IT & telecom, healthcare sector, public sector, banking, financial, services and insurance (BFSI), and others (manufacturing, energy, and utility). The market is analyzed based on four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

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Key market players (offering affective computing technologies and services) adopted product launch, partnership, geographical expansion, and acquisition as their key strategies to facilitate their business growth and expansion globally. The key players profiled in the market are Apple, Inc., Beyond Verbal Communication Ltd., Cognitec Systems GmbH, Elliptic Labs, Eyesight Technologies, Ltd., Gesturetek, Google Inc., IBM Corporation, Microsoft Corporation, and Qualcomm Inc.

Key Benefits

•The study provides an in-depth analysis of the affective computing market and current and future trends to elucidate the imminent investment pockets.

•Information regarding key drivers, restraints, and opportunities and their impact analysis on the market size is provided.

•Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.

•The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

Key Market Players Profiled in the Report

•Apple Inc.
•Beyond Verbal Communication Ltd.
•Cognitec Systems GmbH
•Elliptic Labs
•Eyesight Technologies, Ltd.
•Gesturetek
•Google Inc.
•IBM Corporation
•Microsoft Corporation
•Qualcomm Inc.

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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