28.46% CAGR - Affective Computing Market May Double its Size by 2024 with Top Players Google, IBM, Microsoft

Identify Revenue forecasts to help your business keep adequate inventory, create an actionable plan with latest edition released by AMA on Global Affective Computing Market to regulate the balance of demand and supply. This intelligence report provides a comprehensive analysis of the Global Affective Computing Market. This includes Investigation of past progress, ongoing market scenarios, and future prospects. Data True to market on the products, strategies and market share of leading companies of this particular market are mentioned. It's a 360-degree overview of the global market's competitive landscape. The report further predicts the size and valuation of the global market during the forecast period. According to AMA, the Global Affective Computing market is expected to see growth rate of 28.46%.

What is Affective Computing?
Due to the increasing use of smartphones and connected devices, consumer-centric businesses are identifying new ways to remain in competition by using computing technology. 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. Affective computing (sometimes called artificial emotional intelligence or emotion Artificial Intelligence) is a technology which helps in recognizing human decision by analyzing facial expressions, heart rate, voice and other body parameters. It is an interdisciplinary field spanning computer science, psychology, and cognitive science. Further, With the increasing adoption of wearable devices and internet there is a demand for Affective Computing and these factors are in turn driving the market.

Some of the key players profiled in the study are:
Google Inc., Microsoft Corporation, IBM Corporation, Saffron Technology, Eyesight Technologies Ltd. (Israel), GestureTek (Canada), SightCorp (Netherlands), Beyond Verbal Communication Ltd. (Israel), Numenta, Pyreos Ltd. (United Kingdom)

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Market Drivers
o The Increasing Need for Data Archiving Tools to Organize the Data Generated From Varied End-Use Sectors
o Rising Demand for Expression Recognition Technique and Wearable Devices
o Growing Number of Connected Devices and Technologies

Market Trend
o The Advent of Affective Computing
o Growing Artificial intelligence in Autonomous cars, Logistics and Parking aid Software, surgical robots etc.

Restraints
o High Production Costs May Hamper the Market Growth

Opportunities
o Growing Focus on R&D for Developing Software Technologies

Challenges
o Lack of Standardization of Affective Computing System

May 2018, Empatica began deployed a smart device which can be used to manage stress. The device has been modeled similar to a watch and has received Food And Drug approval. and The device analyzes physiological signals to detect an increase in the stress inside the body and prevent seizures due to diseases such as epilepsy etc.

Key Target Audience
Market Research Firms, E-Learning, E-Therapy, Gaming, Acting Industries, Animation and CGI Firms, Car Manufacturers, Healthcare Sector, Product R&D Departments and E-Commerce Players

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The Global Affective Computing segments and Market Data Break Down are illuminated below:
by Type (Software, Hardware), Application (Hands-Free Computing, Social Interfaces, Virtual Sales Assistant, Distance Education, Internet Banking, Other), End users (Academia & Research, Media & Entertainment, Government & Defense, Healthcare & Life Sciences, Information Technology (IT) & Telecom, Others), Technology (Touch Based, Touchless), Software (Gesture recognition, Speech Recognition, Facial Expression Recognition, Enterprise Software and Neural Analytics), Hardware (Cameras, Sensor, Storage), Organisation Size (Small and Medium Enterprises (SMEs), Large Enterprises)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Highlights of the report:
o A complete backdrop analysis, which includes an assessment of the parent market
o Important changes in market dynamics
o Market segmentation up to the second or third level
o Historical, current, and projected size of the market from the standpoint of both value and volume
o Reporting and evaluation of recent industry developments
o Market shares and strategies of key players
o Emerging niche segments and regional markets
o An objective assessment of the trajectory of the market
o Recommendations to companies for strengthening their foothold in the market

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Strategic Points Covered in Table of Content of Global Affective Computing Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Affective Computing market
Chapter 2: Exclusive Summary - the basic information of the Affective Computing Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Affective Computing
Chapter 4: Presenting the Affective Computing Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Affective Computing market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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Key questions answered
o Who are the Leading key players and what are their Key Business plans in the Global Affective Computing market?
o What are the key concerns of the five forces analysis of the Global Affective Computing market?
o What are different prospects and threats faced by the dealers in the Global Affective Computing market?
o What are the strengths and weaknesses of the key vendors?

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