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Global Emotion Analytics Market Insights & Trends 2024
Emotion Analytics Market Trends
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Report Coverage & Details:
• Forecast Period: 2024-2033
• Base Year: 2023
• Market Size In 2024: $4.15 billion
• Revenue Forecast In 2033: $7.46 billion
• CAGR: 15.8%
Global Emotion Analytics Market: Segmentation
The emotion analytics market covered in this report is segmented -
1) By Type: Text Analytics, Facial Analytics, Speech Analytics, Video Analytics
2) By Deployment Mode: On-premise, Cloud
3) By Enterprise Size: Large Enterprise, SME's
4) By Application: Customer Experience Management, Sales and Marketing Management, Competitive Intelligence, Public Safety and Law Enforcement, Workforce Management
5) By End User: Retail, IT and Telecom, BFSI, Government, Defense and Security, Others End User
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Emotion Analytics Market Report: Growth Drivers
The growing acceptance of IoT is expected to drive the expansion of the emotion analytics market. The Internet of Things (IoT) encompasses a network of interconnected physical devices, vehicles, appliances, and other objects equipped with sensors, actuators, software, and network connectivity. The integration of emotion analytics with IoT devices can create more personalized, adaptive, and intuitive experiences across various sectors, enhancing the overall effectiveness and value of IoT applications. For example, in January 2022, data from the GSM Association, a U.K.-based non-profit industry organization, forecasted a significant rise in global IoT connections from 15.1 billion in 2021 to 23.3 billion by 2025. Therefore, the increasing adoption of IoT is driving the growth of the emotion analytics market.
Key Developments:
Uniphore Enhances Conversational Automation Capabilities Through Acquisition Of Hexagone
In February 2023, Uniphore, a US-based conversational automation technology company, acquired Hexagone for an undisclosed amount. With this acquisition, Uniphore's market-leading X Platform gains major improvements in behavioral science, guaranteeing that client discussions and inquiries are handled with a great deal of empathy and precision. Hexagone is a France-based company that combines voice, visual, and text-based data to provide AI-derived insights.
Top Market Leader Included:
Apple Inc., Google LLC, Microsoft Corporation, Deloitte Touche Tohmatsu Ltd., IBM Corporation, Hexagon AB, Tobii AB, NVISO, Gorilla Technology Group, Cogito Corporation, Kairos AR Inc., Noldus Information Technology, Humanyze, Sensum Co., Clarifai Inc., Emotiv Inc., Lexalytics Inc., Affectiva Inc., Beyond Verbal, NuraLogix Corp., iMotions A/S, Empath Inc., Audeering GmbH, Nemesysco Ltd., Adoreboard, Emotion Research Lab, Neuromore, Sentiance NV
Emotion Analytics Industry: Regional Landscape
North America was the largest region in the emotion analytics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the emotion analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the emotion analytics market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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What Does The Global Emotion Analytics Market Report Include?
1.Introduction
• Overview of the Emotion Analytics Market
• Comprehensive Analysis of Emotion Analytics Market
2. Emotion Analytics Market Drivers and Restraints
• Drivers and Restraints For Historic And Forecast Period
3. Emotion Analytics Market Segmentation
• By Drug Class
• By Indication
• By Distribution Channel
4. Competitive Landscape And Company Profiles In The Emotion Analytics Market
• Overview
• Products and Services
• Strategy
5. Emotion Analytics Market Regional And Country Analysis
• By Region
• By Country
6. Market Trends And Opportunities In Emotion Analytics Market
• Technological Advancements
• Emerging Trends
7. Emotion Analytics Market Future Outlook and Potential Analysis
• Growth Strategies
• New Opportunities
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