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Primary Catalyst Driving Emotional AI Market Evolution in 2025: Rising Demand For Exceptional Customer Experiences Drives The Emotional AI Market Driver
"What Is the Future Outlook for the Emotional AI Market's Size and Growth Rate?The emotional AI market has seen strong growth in recent years. It will grow from $30.02 billion in 2024 to $32.91 billion in 2025, at a compound annual growth rate (CAGR) of 9.6%. Growth can be attributed to competitive pressures, market uncertainties, efficiency and productivity gains, a customer-centric focus, and the adoption of DevOps practices.
The emotional AI market will reach $47.54 billion by 2029 at a CAGR of 9.6%, fueled by employee experience focus, regulatory changes, and digital transformation. Trends include cybersecurity concerns, technology evolution, and global remote collaboration.
What Is Stimulating Growth in the Emotional AI Market?
The growing demand for improved customer experiences is expected to fuel the growth of the emotional AI market. Customer experience refers to how customers interact with and perceive a brand across their entire journey. As businesses aim to differentiate themselves and build loyalty, emotional AI plays a key role in analyzing customer emotions and improving interactions. A 2022 survey by Verint found that 39% of respondents would advise against purchasing from a company after a negative experience, while 64% had already stopped doing business with such companies. Therefore, the growing emphasis on better customer experiences is driving the growth of the emotional AI market.
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Which Key Market Leaders Are Driving Emotional AI Industry Growth?
Major companies operating in the emotional AI market report are Apple Inc., Alphabet Inc., Microsoft Corporation, Sony Group Corporation, Panasonic Corporation, Intel Corporation, International Business Machines Corporation (IBM), Latent View Analytics Ltd., Nvidia Corporation, NEC Corporation, Baidu Inc., UiPath Inc., Cogito Corporation, Tobii Technology AB, Gorilla Technology Group, Noldus Information Technology, Entropic Technologies, Affectiva Inc., Realeyes OÜ, Lexalytics Inc., Beyond Verbal Communication Ltd., iMotions A/S, Sentiance NV, NuraLogix Corporation, NVISO Inc., Kairos AR Inc., Sensum, MetaSoul Inc
What Are the Main Segments in the Emotional AI Market?
The emotional ai market covered in this report is segmented -
1) By Component: Software, Service
2) By Tools: Facial Recognition, Speech And Voice Recognition, Gesture And Posture Recognition
3) By Enterprise Size: Large Enterprises, Small And Medium-Sized Enterprises
4) By Application: Banking Financial Services And Insurance (BFSI), Healthcare, IT And Telecommunication, Retail And E-commerce, Government, Media And Entertainment, Automotive, Other Applications
Subsegments:
1) By Software: Emotion Recognition Software, Sentiment Analysis Tools, Facial Recognition Software, Speech And Voice Analysis Software
2) By Service: Consulting Services, Integration Services, Support And Maintenance Services, Training And Development Services
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Which Geographic Area Leads the Emotional AI Market?
North America was the largest region in the emotional AI market in 2024. The regions covered in the emotional ai market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Emotional AI Global Market Report?
- Market Size Analysis: Analyze the Emotional AI Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Emotional AI 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 Emotional AI Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Emotional AI Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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