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Human-Computer Interaction Market 2024 Opportunity Assessment, Production Analysis, Segmentation And Forecast To 2033
"The new report published by The Business Research Company, titled ""Human-Computer Interaction Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the human-computer interaction market size has grown rapidly in recent years. It will grow from $668.36 billion in 2023 to $789.00 billion in 2024 at a compound annual growth rate (CAGR) of 18.0%. The human-computer interaction market size is expected to see rapid growth in the next few years. It will grow to $1,555.50 billion in 2028 at a compound annual growth rate (CAGR) of 18.5%.
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IoT's Role In Fueling The Human-Computer Interaction Market Growth
The increasing adoption of internet of things (IoT) solutions is expected to propel the growth of the human-computer interaction market going forward. The internet of things is an interconnected network of physical devices equipped with sensors, software, and networking capabilities to gather, exchange, and act upon data. The demand for internet of things (IoT) solutions is rising due increasing connectivity, data analytics, artificial intelligence (AI), and consumer demand for smart devices. Human-computer interaction (HCI) focuses on designing intuitive interfaces and interaction methods that allow users to effortlessly communicate with and control IoT devices, access data, and manage settings. For instance, in September 2023, according to a report published by Ericsson, a Sweden-based telecommunications service provider, there were 15.7 billion IoT connections in 2023, which is expected to increase by 16% to reach 38.9 billion connections by 2029. Therefore, the increasing adoption of IoT solutions is driving the growth of the human-computer interaction market.
Revolutionizing Human-Computer Interaction With Interactive Digital Agents
Major companies operating in the human-computer interaction market are focused on developing advanced technology, such as D-ID Agents, to enhance user experiences, optimize task efficiency, and personalize interactions in various domains. D-ID Agents is an interactive natural user interface (NUI) product using large language models for multiple applications such as sales, assistance, and education. For instance, in December 2023, D-ID AI, a US-based video startup specializing in patented video reenactment technology, launched D-ID Agents, a breakthrough in human-computer interaction for creating interactive digital humans. This will enable users to communicate with technology through face-to-face conversations, representing a significant shift from traditional textual and graphical user interfaces. Businesses can offer customized interactions globally by creating diverse Agents with varied characteristics and multilingual capabilities, while advanced development options through D-ID's API enable scalability and customization for enterprise users, and SMBs and creators benefit from features in the creative reality studio.
The human-computer interaction market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Technology: Peripherals, Touch Screen Graphical User Interfaces, Gesture And Body Recognition, Speech And Voice Recognition, Natural Language Processing (NLP), Brain Computer Interface, Eye Tracking, Semiotics Solutions, Other Technologies
3) By Organization Size: Small And Medium Enterprises, Large Enterprise
4) By Application: Healthcare, Gaming And Entertainment, Smart Home And White Goods, Wearables, Education, Automotive, Industrial And Factories, Commercial And Businesses, Other Applications
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Major companies operating in the human-computer interaction market are Amazon.com Inc., Apple Inc., Google LLC, Microsoft Corporation, Meta Platforms Inc., Dell Technologies Inc., Tencent Holdings Ltd., Sony Corporation, LG Electronics Inc., Intel Corporation, Panasonic Corporation, International Business Machines Corporation , NVIDIA Corporation, Texas Instruments Incorporated, Infineon Technologies AG, Microchip Technology Inc., HaptX Inc., GestureTek, Ommo Technologies Pvt. Ltd., Cogniac Corporation, TANGI0 LTD
Contents of the report:
1. Executive Summary
2. Human-Computer Interaction Market Report Structure
3. Human-Computer Interaction Market Trends And Strategies
4. Human-Computer Interaction Market - Macro Economic Scenario
5. Human-Computer Interaction Market Size And Growth
…..
27. Human-Computer Interaction Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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