Emotion Analytics Market Global Demand, Growth, Opportunities, Top Key Players and Forecast to 2026

The report prepared by the GMI Research includes an in-depth analysis of the global market and a thorough research undertaken by the analysts. An extensive study of this market alongside the fundamental aspects that may influence the commercialization graph of this industry has been given in the study. The market study covers various aspects such as geographical growth opportunities, market size, and important vendors in the market, driving factors, segmental evaluation, constraints, and competitive landscape.

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Top Companies of the Emotion Analytics Market:

Affectiva
Beyond Verbal
iMotions
Noldus Information Technology
Cogito Corporation
Tobii AB
Sentiance
NVISO SA

Drivers of the Emotion Analytics Market:

The significant factors contributing to the growth of the emotion analytics market include the strong demand for artificial intelligence and data analytics and technological advancements in emotion analytic to improve customer satisfaction. Moreover, the emerging demand for emotion analytics to create a more personalized user experience and improve enterprises' sales performance are some other factors fuelling the growth of the emotion analytics market in the upcoming years. The Internet of Things in emotion analytics enables organizations to understand human emotions in a better way and allows them to implement attractive marketing strategies.

Mobile and cloud-based biometric technologies such as facial biometrics, are widely implemented in various organizations. This factor is surging the growth of the emotion analytics market across the globe. In addition to this, the increasing significance of real-time emotion analytics to create a new consumer base, adherence to regulatory and compliance standards also propels the market growth. On the other edge of the spectrum, the misinterpretation of data is a major factor that is likely to hamper the growth of the emotion analytics market. The high costs related to the deployment and usage of emotion analytics will hinder the growth of the emotion analytics market.

Based on region, the North America region is projected to grow at a higher CAGR during the forecast period owing to the presence of developed economies like Canada and the United States, who are investing heavily in research and development. Moreover, the continuous innovation regarding emotion analytics is further surging the market growth. This region is rapidly adopting new technologies across different verticals such as financial services, banking, transportation, and logistics industries, manufacturing industries, etc.

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Segmentation of the Emotion Analytics Market:

By Type:

Text Analytics
Facial Analytics
Speech Analytics
Video Analytics

By Application:

Sales and Marketing Management
Customer Experience Management
Competitive Intelligence
Public Safety and Law Enforcement
Workforce Management

By Organisation Size:

Small and Medium- sized Enterprises
Large Enterprises

By Vertical:

BFSI
IT and Telecommunication
Manufacturing
Government
Media
Retail
Healthcare
Others

By Region:

North America

United States of America
Canada

Asia Pacific

China
Japan
India
Rest of APAC

Europe

United Kingdom
Germany
France
Spain
Rest of Europe

Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)

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