Press release
Emotion Detection & Recognition (EDR) Market Statistics and Growth Prediction 2021- Affectiva, Apple, Tobii AB, Noldus, Sightcorp, Realeyes, nViso, Kairos
MarketInsightsReports, a leading global market research firm, is pleased to announce its new report on Emotion Detection & Recognition (EDR) market, forecast for 2021-2027, covering all aspects of the market and providing up-to-date data on current trends.The Emotion Detection & Recognition (EDR) Market report provides the overall structure and business outlook of the global and regional industries. The study also involves the important Achievements of the market, Research & Development, new product launch, product responses, and regional growth of the leading competitors operating in the market on a global and local scale. The structured analysis contains graphical as well as a diagrammatic representation of the global Emotion Detection & Recognition (EDR) Market with its specific geographical regions.
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“Emotion Detection & Recognition (EDR) market was valued at USD 19.87 million in 2020, and it is expected to reach USD 52.86 million by 2026, registering a CAGR of 18.01% during the forecast period (2021 - 2026)”
Top leading Companies Profiled in Tire Mold Market Report are Affectiva, Apple, Tobii AB, Noldus, Sightcorp, Realeyes, nViso, Kairos, Eyeris
Market Overview
North America is expected to hold a prominent share of the market, owing to the presence of countries, such as the United States and Canada, which are home to the largest retail markets, with demand for IoT and smart wearables and high ad spending. Marketers in the region are among the global leaders in adopting technologies that enable gaining consumer insights.
Apart from this, North America is home to one of the largest markets for IoT in both consumer and industrial space. According to GSMA Intelligence, the number of IoT connections in the region in 2018 stood at 2.3 billion, out of which 1.4 billion connections were consumer IoT connections.
News and Latest Developments
09/13/2019 Kairos Launches Camera Featuring Facial Recognition and Emotion Detection
Jan 20, 2021 Herta launches face biometrics-based emotion recognition solution- Herta Security has launched a new video analysis solution, BioObserver, to provide a platform for automatic micro-expression detection based on face biometrics.
Jun 15, 2020 Jinglz Launches Online Public Offering As They Roll Out New AI-powered Emotion Detection Platform- The market for Emotion Detection and Recognition technology is growing rapidly to a projected 20.4 billion dollars in 2021. Jinglz, an emerging EDR tech startup that first began developing ad tech for mobile devices that utilizes facial detection to guarantee ad views, has just launched a new Online Public Offering to seek investors. This comes on the heels of rolling out their new EmotionTrac™ platform for measuring audience reaction to video content.
April 2019 - Affectiva announced the closure of a USD 26 million funding round to advance its emotion and object detection AI for monitoring vehicle passengers. The funding round was led by automotive supplier Aptiv. Affectiva wants its solution to be incorporated into cameras used in car safety systems to recognize when a driver is happy, sad, drowsy, or frustrated.
October 15, 2019 Fujitsu Develops AI based Facial Expression Recognition Technology to Accurately Detect Subtle Changes in Expression- Fujitsu Laboratories, Ltd. and Fujitsu Laboratories of America, Inc. today announced the development of an AI facial expression recognition technology that detects subtle changes in facial expression with a high degree of accuracy. The new technology was developed in collaboration with Carnegie Mellon University School of Computer Science.
Jun 2019 - Realeyes entered into a partnership with Intralink. The company announced an investment of USD 12.4 million for its expansion in Asia. Realeyes announced its expansion plans in Asia, by announcing a partnership with Intralink, which will help develop its international business.
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Market Research Study Focus on these Types:
Software
Services
Market Research Study Focus on these Applications:
Government
Healthcare
Retail
Entertainment
Transportation
Other
Global Emotion Detection & Recognition (EDR) Market: Regional Segment-
─North America (US, Canada)
─Europe (Germany, UK, France, Rest of Europe)
─Asia Pacific (China, Japan, India, Rest of Asia Pacific)
─Latin America (Brazil, Mexico)
─Middle East and Africa
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Key Takeaways from Emotion Detection & Recognition (EDR) Report
─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals
─Understand the different dynamics influencing the Emotion Detection & Recognition (EDR) market – key driving factors, challenges and hidden opportunities.
─Get in-depth insights on your competitor performance – Emotion Detection & Recognition (EDR) market shares, strategies, financial benchmarking, product benchmarking, SWOT and more
─Analyze the sales and distribution channels across key geographies to improve top-line revenues.
─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.
─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Emotion Detection & Recognition (EDR)
Emotion Detection & Recognition (EDR) Market Scenario:
This research report represents a detailed research overview of the competitive landscape of the Emotion Detection & Recognition (EDR) Market. Furthermore, it offers massive data relating to recent trends, developments, tools, and methodologies. The research report analyzes the Emotion Detection & Recognition (EDR) Market in a detailed manner for better insights into the businesses.
The report evaluates the growth rate and the Market value based on Market dynamics, growth-inducing factors. The complete knowledge is based on the latest industry news, threats, opportunities, and trends. The report contains a comprehensive Market analysis and vendor landscape in addition to a SWOT analysis of the key vendors.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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