The Global Affective Computing Market is 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.
Market Driver:
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 growth in the technology will play as key factor for the growth of the affective computing market in the forecast period.
Market Restraints:
One of the major key concern of the market is the lack of awareness which may hamper the market growth. Whereas, it create 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.
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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Report Features |
Specifics |
|---|---|
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Historical/Estimated/Forecasted Market Size Years |
2019-2027 |
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Base Year for Market Calculation |
2020 |
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Forecasted Period |
2021-2027 (2021 estimated year, forecasted up to 2027) |
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Measured Units |
Value (USD Million) |
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Segments Included |
Component, Technology, Software, Hardware, End-User, and Region |
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Regional Coverage |
North America, Asia-Pacific, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Affective Computing Market, by Component
Affective Computing Market, by Technology
Affective Computing Market, by Software
Affective Computing Market, by Hardware
Affective Computing Market, by End-User
Affective Computing Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Affective Computing Market STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY
