Press release
Major Force in the Emotion Analytics Market 2025: IoT Integration Fuels Growth In The Emotion Analytics Market
Emotion Analytics Market Drivers
The emotion analytics market has grown rapidly in recent years. It is forecasted to increase from $4.15 billion in 2024 to $4.81 billion in 2025, reflecting a compound annual growth rate (CAGR) of 15.8%. This growth is driven by the increased adoption of AI technology, rising demand for personalization, a better customer experience, growing need for socially intelligent artificial objects, and expanded use in healthcare.
The emotion analytics market is expected to grow to $8.65 billion by 2029 at a CAGR of 15.8%, driven by IoT integration, human-robot interaction, and edge computing. Trends include emotionally intelligent AI chatbots, awareness in marketing campaigns, and cross-industry collaboration.
What Key Elements Are Boosting Growth in the Emotion Analytics Market?
The growing adoption of IoT is expected to drive the growth of the emotion analytics market. IoT refers to a network of connected devices that gather and exchange data. The increasing adoption of IoT is transforming industries by enhancing connectivity, efficiency, and real-time insights. When integrated with emotion analytics, IoT can enable more personalized and intuitive experiences. In 2022, the GSM Association predicted that global IoT connections would increase from 15.1 billion in 2021 to 23.3 billion by 2025. Therefore, the growing adoption of IoT is fostering the expansion of the emotion analytics market.
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Who Are the Major Industry Players Fueling Emotion Analytics Market Expansion?
Major companies operating in the emotion analytics market report are 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
How Is the Segmentation of the Emotion Analytics Market Defined?
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
Subsegments:
1) By Text Analytics: Sentiment Analysis, Emotion Detection, Topic Modeling
2) By Facial Analytics: Facial Expression Recognition, Emotion Recognition From Images, Real-Time Facial Tracking
3) By Speech Analytics: Voice Emotion Recognition, Speech-To-Text Analysis, Tone And Pitch Analysis
4) By Video Analytics: Emotion Recognition In Videos, Behavioral Analysis, Scene Context Analysis
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What Is the Leading Region in the Emotion Analytics Market?
North America was the largest region in the emotion analytics market in 2024. 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.
What Is Covered In The Emotion Analytics Global Market Report?
- Market Size Analysis: Analyze the Emotion Analytics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Emotion Analytics Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Emotion Analytics Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Emotion Analytics Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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