Affective Computing Market is Going to Boom with Google, Microsoft, IBM

A new business intelligence report released by Advance Market Analytics with title Global Affective Computing Market Insights, forecast to 2027. This report provides a detailed overview of key factors in the Global Affective Computing Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global Affective Computing market.

The current market players are adopting various strategies, such as strategic alliances, to expand their regional footprint in growing economies. Major Players in This Report Include: Google Inc. (United States), Microsoft Corporation (United States), IBM Corporation (United States), Saffron Technology (United States), Eyesight Technologies Ltd. (Israel), GestureTek (Canada), SightCorp (Netherlands), Beyond Verbal Communication Ltd. (Israel), Numenta (United States), Pyreos Ltd. (United Kingdom)

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Brief Overview of 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.
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.
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.

The report is a significant source of information for investors, shareholders, industry planners, established and existing market players who are striving to improve their footprint in the current Affective Computing market landscape.

Be the first to knock the door showing potential that Affective Computing market is holding in it. Uncover the Gaps and Opportunities to derive most relevant insights from our research document to gain market size.

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

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

Market Challenges
• Lack of Standardization of Affective Computing System

The Affective Computing Market 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)

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The report can help established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share.

Geographically Global Affective Computing markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Affective Computing markets will drive growth in the North American market over the next few years.

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In the last section of the report, the companies responsible for increasing the sales in the Global Affective Computing Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global Affective Computing market and their influence on the future growth of the market have also been presented through this study.

What benefits does AMA research study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments

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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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