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Artificial Intelligence In Emotion Recognition Global Market to Grow $2.35 Billion at a Surprising CAGR of 17.8% By 2028 | Apple Inc., Google LLC, NEC Corporation, Tobii AB, Kairos Inc.
Artificial Intelligence In Emotion Recognition Global Market
The Business Research Company presents an extensive market research report on the Artificial Intelligence In Emotion Recognition Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The artificial intelligence in emotion recognition market size has grown rapidly in recent years. It will grow from $1.04 billion in 2023 to $1.22 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The growth in the historic period can be attributed to increased availability of diverse datasets, rise in the adoption of deep learning, integration with human-computer interaction, demand for customer experience enhancement, applications in mental health.
The artificial intelligence in emotion recognition market size is expected to see rapid growth in the next few years. It will grow to $2.35 billion in 2028 at a compound annual growth rate (CAGR) of 17.8%. The growth in the forecast period can be attributed to integration with wearable devices, expansion in automotive industry applications, enhanced cross-cultural adaptation, rising use in human resources, incorporation into virtual assistants. Major trends in the forecast period include advancements in facial recognition technology, multimodal emotion recognition, real-time emotion analysis, ai-driven personalization, emotion recognition in human-computer interaction.
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Key Market Players:
Major companies operating in the artificial intelligence in emotion recognition market report are Apple Inc., Google LLC, Microsoft Corporation, Intel Corporation, International Business Machines Corporation, NEC Corporation, SoftBank Robotics Group Corp., Tobii AB, Entropik Technologies Pvt. Ltd., Kairos Inc., Raydiant Corporation, Neurotechnology, Noldus Information Technology BV, Cognitec Systems GmbH, Affectiva Inc., GestureTek Inc., Ayonix Corporation, iMotions Inc., Sony Depthsense Solutions, Elliptic Labs AS
Market Drivers:
The increasing need for advanced marketing tools is expected to propel the growth of artificial intelligence in the emotion recognition market going forward. Advanced marketing tools refer to a set of sophisticated and technologically advanced solutions designed to enhance various aspects of marketing strategies, campaigns, and overall performance. Emotion recognition technology enables marketers to create personalized campaigns by understanding individual emotional responses, allowing tailored content and advertisements that match the emotional profiles of specific audience segments for more effective and resonant communication. For instance, in January 2024, according to a report published by Influencer Marketing Hub, a Denmark-based media company specializing in social media and influencer marketing, over 60% of businesses use AI in marketing, with 44% employing AI for content production. The forecast suggests that by 2030, around 70% of companies will likely adopt various forms of AI technology. Therefore, the increasing need for advanced marketing tools will drive the use of artificial intelligence in the emotion recognition market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/artificial-intelligence-in-emotion-recognition-global-market-report
The artificial intelligence in emotion recognition market covered in this report is segmented -
1) By Offerings: Software, Services
2) By Tools: Facial Expression Recognition, Speech And Voice Recognition, Gesture And Posture Recognition
3) By Technology: Machine Learning, Bio Sensors Technology, Natural Language Processing, Feature Extraction, Pattern Recognition
4) By Application, Marketing And Advertising, Surveillance And Monitoring, Medical Emergency, Robotics And eLearning, Other Applications
5) By End-Use Verticals: Banking, Financial Services, And Insurance (BFSI), Healthcare And Life Sciences, IT And Telecommunication, Retail and eCommerce, Education, Media And Entertainment, Automotive, Other End-Users
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Artificial Intelligence In Emotion Recognition Market Characteristics
3. Artificial Intelligence In Emotion Recognition Market Trends And Strategies
4. Artificial Intelligence In Emotion Recognition Market - Macro Economic Scenario
5. Global Artificial Intelligence In Emotion Recognition Market Size and Growth
.....
32. Global Artificial Intelligence In Emotion Recognition Market Competitive Benchmarking
33. Global Artificial Intelligence In Emotion Recognition Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Artificial Intelligence In Emotion Recognition Market
35. Artificial Intelligence In Emotion Recognition Market Future Outlook and Potential Analysis
36. Appendix
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