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Affective Computing Market Size, Trends, Growth, Outlook, Analysis Report 2022-2027

01-16-2023 05:53 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Affective Computing Market Size, Trends, Growth, Outlook,

IMARC Group has recently released a new research study titled "Affective Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global affective computing market reached a value of US$ 37.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 227.6 Billion by 2027, exhibiting a CAGR of 35.7% during 2022-2027.

Affective computing, or emotional AI, enables computers to interpret, simulate, recognize, and process human emotions and feelings. It applies knowledge from psychology, computer science and cognitive science. Affective computing analyzes emotions by employing big data, different sensors, machine intelligence and an analytics engine. Businesses leverage the insights gained from this system to improve decision-making in consumer-centric processes, such as marketing, sales and customer services. Consequently, affective computing finds widespread applications in e-learning and autonomous systems.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Download a free sample report to get a detailed overview of the market: https://www.imarcgroup.com/affective-computing-market/requestsample

Affective Computing Market Trends and Drivers:

The increasing penetration of the internet and the escalating demand for wearable devices are primary factors propelling the global affective computing market. It is further being supported by the rising need for understanding consumer behavior by businesses across the globe. Other than this, rapid technological development has inflated the demand for advanced electronic devices, such as voice-activated biometrics, which is propelling the market growth. Moreover, the increasing deployment of software tools in educational institutes and support mechanisms in medical services is creating a positive outlook for the market.

Explore full report with table of contents: https://www.imarcgroup.com/affective-computing-market

Affective Computing Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Affectiva Inc.
Cipia Vision Ltd.
Cognitec Systems GmbH
Elliptic Laboratories A/S
Google LLC (Alphabet Inc.)
Intel Corporation
International Business Machines Corporation
Kairos AR Inc.
Microsoft Corporation
Nuance Communications Inc.

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technology:

Touch-based
Touchless

Breakup by Components:

Hardware
Sensors
Cameras
Storage Devices and Processors
Others
Software
Analytics Software
Enterprise Software
Facial Recognition
Gesture Recognition
Speech Recognition

Breakup by End Use:

Automotive
BFSI
Government
Healthcare
IT and Telecom
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

Key Highlights of the Report:

Market Performance (2016-202)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

Note: We are updating our reports, if you want the report with the latest primary and secondary data (2023-2028) including industry trends, market size and competitive landscape, etc. click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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Contact Us:

IMARC Services Private Limited

30 N Gould St Ste R

Sheridan, WY 82801 USA - Wyoming

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

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