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November 12, 2020

Affective Computing Market In-Depth Analysis Of Competitive Landscape Executive Summary Development Factors 2027

The Global Affective Computing Marketis projected to reach a value of over USD 180.7 billion by 2027 at a CAGR of around 37.2%

The affective computing is refers to an area of study within the cognitive computing and artificial intelligence, which collect data from faces, voices, as well as body language to measure human emotion. It is also known as AC or emotion AI, which aims to offers an effective and natural interaction between human and computers. Moreover, the computing device with the emotion AI programming is collecting information about the consumer emotional condition from the various sources such as posture, speech pattern, facial expressions, heart rate, as well as by body temperature.

Hence, the technology such as cameras, big data, deep learning, camera, and sensors which lead to support the emotion measurement and analysis. These will boost the growth of the affective computing market in the forecast period.

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Affective Computing Market: Drivers & Restraints

Market Driver:

  • Increasing Demand for Advanced Electronic Devices

With the increasing demand for advanced electronic devices is witness to boost the growth of the market in the forecast period. Whereas, the affective computing is being rising growth in the technologies as well as for the process with intelligent interaction in between devices and human. Moreover, affective computing is anticipate to create a significant opportunities growth on the future of various industries, with a rising impact on their human factors, project management, as well as the organizational changes. However, emotion-aware technology for video games is where affective computing is being used at a wide range. This also contain the use of Body Area Network (BAN) for various sensors to be connected to the player.

Hence, these growths in the technology will play as key factor for the growth of the affective computing market in the forecast period.

Market Restraints:

  • Lack of Awareness

One of the major key concern of the market is the lack of awareness which may hamper the market growth. Whereas, it creates a major challenge in the market as there is still lack of understanding and knowledge about how the affective computing will affect the business processes. However, the social as well as the economic implication of the technology is still not analyzed.

Hence, these lack of awareness and knowledge about of the market lead to create a major challenging factor for the market growth in the forecast period.

Affective Computing Market: Key Segments

  • Segmentation based on Component: Hardware and Software.
  • Segmentation based on Technology: Touch-Based and Touchless.
  • Segmentation based on Software: Analytics Software, Enterprise Software, Facial Recognition, Gesture Recognition and Speech Recognition.
  • Segmentation based on Hardware: Cameras, Sensors and Others.
  • Segmentation based on End-User: Automotive, BFSI, Government, Healthcare, IT & Telecom, Media & Entertainment, Retail & E-commerce, and others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

Affective Computing Market: Report Scope

The report on the affective computing market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

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List of the leading companies operating in the Affective Computing Market include:

  • Google (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Microsoft
  • Apple Inc.
  • IBM Corporation
  • Intel Corporation
  • Affectiva
  • QUALCOMM, Inc.
  • Sony Depthsensing Solutions SA/NV
  • Sightcorp
  • Kairos AR, Inc.
  • Other Key Companies
    • NVISO SA
    • PointGrab
    • Eyeris
    • Numenta

Affective Computing Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Affective Computing Market, by Component

  • Software
  • Hardware

Affective Computing Market, by Technology

  • Touch-Based
  • Touchless

Affective Computing Market, by Software

  • Analytics Software
  • Enterprise Software
  • Facial Recognition
  • Gesture Recognition
  • Speech Recognition

Affective Computing Market, by Hardware

  • Cameras
  • Sensors
  • Others

Affective Computing Market, by End-User

  • Automotive
  • BFSI
  • Government
  • Healthcare
  • IT & Telecom
  • Media & Entertainment
  • Retail & E-commerce
  • Others

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Affective Computing Market by Region

  • Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)
  • North America (US, Canada, Mexico)
  • Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)
  • Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)
  • South America (Brazil, Argentina, Rest of South America)

Key Questions Answered by The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Table of Content

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    1. Introduction
    2. Drivers
      1. Increasing Demand for Advanced Electronic Devices
      2. Rising Demand for Analyze Customer Behavior
      3. Increasing Demand for Virtual Assistants
      4. Growing Deployment of Robots
      5. Increasing Adoption of Cloud-based Solutions
    3. Restraint
      1. Privacy and Security Concerns
    4. Opportunities
      1. Growing Adaption of Smart Wearable Devices
      2. Growing Adoption of Artificial Intelligence (AI)
      3. Rising Growth of Connected Devices and Smartphones
    1. Challenges
      1. High Initial Investment
      2. Lack of Awareness
  1. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
  1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
  1. Macro-Economic Indicators
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY COMPONENT, Market Size in USD Million (2019-2027)
  1. Introduction
  2. Software
  3. Hardware
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY TECHNOLOGY, Market Size in USD Million (2019-2027)
  1. Introduction
  2. Touch-Based
  3. Touchless
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY SOFTWARE, Market Size in USD Million (2019-2027)
  1. Introduction
  2. Analytics Software
  3. Enterprise Software
  4. Facial Recognition
  5. Gesture Recognition
  6. Speech Recognition
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY HARDWARE, Market Size in USD Million (2019-2027)
  1. Introduction
  2. Cameras
  3. Sensors
  4. Others
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY END-USER Market Size in USD Million (2019-2027)
  1. Introduction
  2. Automotive
  3. BFSI
  4. Government
  5. Healthcare
  6. IT & Telecom
  7. Media & Entertainment
  8. Retail & E-commerce
  9. Others
  1. GLOBAL AFFECTIVE COMPUTING MARKET BY REGION, Market Size in USD Million (2019-2027)
  1. North America
      1. US
      2. Canada
      3. Mexico
  1. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Rest of Europe
  1. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
  1. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
  1. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
  1. COMPETITIVE LANDSCAPE
  1. Introduction
  2. Market Ranking/Share Analysis of Key Companies
  3. Company Benchmarking
  1. COMPANY PROFILES
  1. Google
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
  1. ​Microsoft
  2. Apple Inc.
  3. IBM Corporation
  4. Intel Corporation
  5. Affectiva
  6. QUALCOMM, Inc.
  7. Sony Depthsensing Solutions SA/NV
  8. Sightcorp
  9. Kairos AR, Inc.
  10. Other Key Companies
      1. NVISO SA
      2. PointGrab
      3. Eyeris
      4. Numenta
  1. APPENDIX
  1. Key Industry Expert Insights
  2. Primary Discussion Guide
  3. Customization Options

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Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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November 12, 2020, 12:59
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