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In-Depth Analysis of the Artificial Intelligence In Emotion Recognition Market: Growth Opportunities, Key Trends, and Forecast 2025-2034
What combination of drivers is leading to accelerated growth in the artificial intelligence in emotion recognition market?The growth of artificial intelligence in the emotion recognition market is predicted to be fuelled by the growing requirement for sophisticated marketing tools. Such tools are a bunch of technologically advanced solutions tailored to improve various facets of marketing strategies, campaigns, and overall effectiveness. Emotion recognition technology facilitates marketers in designing personalized campaigns by interpreting individual emotional responses. This allows for the creation of customized content and ads that align with the emotional profiles of distinct audience groups, enabling more potent and compelling communication. For instance, a report by Influencer Marketing Hub, a Danish media firm that specializes in social media and influencer marketing, stated in January 2024 that over 60% of businesses leverage AI in marketing, and 44% utilize AI for content creation. Projections indicate that by 2030, approximately 70% of companies will adopt various AI technologies. Consequently, the escalating demand for advanced marketing tools will catalyze the implementation of artificial intelligence in the emotion recognition market.
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What is the projected compound annual growth rate (CAGR) of the artificial intelligence in emotion recognition market from 2025 to 2034, and what factors influence it?
In recent times, the market size for emotion recognition in artificial intelligence has seen a speedy increase. It has been predicted that the market will expand from $1.22 billion in 2024 to $1.44 billion in 2025, at a compound annual growth rate (CAGR) of 17.9%. The growth witnessed in the past time period is due to factors such as the increased availability of a variety of datasets, a surge in the adoption of deep learning, incorporation with human-computer interaction, the need for enhancing customer experience, and applications in the field of mental health.
In the coming years, a swift expansion is anticipated in the market size for emotion recognition via artificial intelligence. The projected growth pegs the market at $2.78 billion by 2029, with a compound annual growth rate (CAGR) of 17.8%. This growth during the predictive period is credited to its integration with wearable technology, extension into automotive industry applications, improved cross-cultural adaptability, increasing utilization in human resources, and assimilation into virtual assistants. Key trends for this period comprise advancements in facial recognition technology, multimodal emotion recognition, real-time emotion analysis, AI-powered personalization, and emotion recognition in human-computer interaction.
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What new trends are reshaping the artificial intelligence in emotion recognition market and its opportunities?
Prominent players in the emotion recognition aspect of the artificial intelligence market are pioneering technological advancements in AI, such as AI-based audience segmentation. This advances the precision and customization of emotion recognition, leading to more specialized products in this field. The method of AI-based audience segmentation utilizes AI tools and algorithms to classify their targeted audiences into unique and substantial categories based on various factors. For example, in September 2023, AB Tasty, a company specializing in customer experience optimization based in France, launched a new technology known as EmotionsAI, which enables clients to apply AI-directed audience segmentation centered on emotional requirements. This cutting-edge product provides brands with the ability to personalize customer engagement on a more emotional plane, showcasing AB Tasty's first foray into utilizing AI for superior digital experiences. EmotionsAI enhances winning ratios and fosters the development of more efficient personalization strategies in customer experiences, which is a reliable approach to generating revenue. This technology fundamentally changes brands' ability to modify customer interactions by addressing emotional needs.
What are the major segments of the artificial intelligence in emotion recognition market and their role in driving growth?
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
Subsegments:
1) By Software: Emotion Recognition Software, Facial Recognition Software, Voice And Speech Emotion Recognition Software, Text Analysis And Sentiment Analysis Software
2) By Services: Consulting Services, Integration Services, Support And Maintenance Services, Custom Development Services
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Which regions are key players in the growth of the artificial intelligence in emotion recognition market?
North America was the largest region in the artificial intelligence in emotion recognition market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the artificial intelligence in emotion recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the artificial intelligence in emotion recognition market?
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
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What Is Covered In The Artificial Intelligence In Emotion Recognition Global Market Report?
• Market Size Forecast: Examine the artificial intelligence in emotion recognition market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the artificial intelligence in emotion recognition market for a structured understanding.
• Key Players Overview: Analyze major players in the artificial intelligence in emotion recognition market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the artificial intelligence in emotion recognition market.
• Segment Contributions: Evaluate how different segments drive overall growth in the artificial intelligence in emotion recognition market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the artificial intelligence in emotion recognition market.
• Industry Challenges: Identify potential risks and obstacles affecting the artificial intelligence in emotion recognition market.
• Competitive Landscape: Review strategic developments in the artificial intelligence in emotion recognition market, including expansions, agreements, and new product launches.
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