Global Affective Computing Market: Key Highlights
Global Affective Computing Market: Key Market Dynamics
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Global Affective Computing Market: Regional Overview
The North America regional is anticipate to have a significant growth with the rising developed technological. Whereas, the various market player in the region GestureTek, Kairos, Eyeris, as well as the start-ups in the region, are improving the affective computing solutions and services for the customer needs. However, the region affective computing market in terms of technology adoption, owing to rising investment in security infrastructure and rising demand for wearable devices. Hence, these trend will lead to enhance the growth of the market in the forecast period.
The Asia-Pacific is projected of play a leading role for the growth and developments of the market in the forecast period. Whereas, growing in adoption in new emerging technologies such as AI, machine learning and IoT and initiative taken by the government may lead to create a major impact for the growth of the market. However, various countries in the region are pursuing initiatives for electronic ID generation of the citizens. The rising demand of the smartwatches as well as the smart wearable devices in the countries such as China will create significant growth for the market adoption.
Hence, the rapid growing information and communications technology platform in the countries such as China and India, lead to fuel the growth of the market in the forecast period.
Global Affective Computing Market: Key Players Overview
Microsoft Corporation is an American multinational technology company, which develops, manufactures, and sells computer software, consumer electronics, and personal computers. Whereas, in 2019, the company had launched four free “Eyes First” games for people with speech and mobility disabilities. As well as, in 2018 the company had signed an agreement to acquire XOXCO, a company with conversational AI and bot development capabilities.
Affectiva is a MIT Media Lab spin-off, is the pioneer in Emotion AI, the next frontier of artificial intelligence. Whereas, in 2019, the company partnered with Aptiv PLC to improve the next-generation vehicle experience. Hence, these will helps to deliver innovative and scalable software, from deep learning platform to advance the perception capabilities in advanced safety solutions. Moreover in 2018, the company unveiled Mobile Lab with automotive AI technology.
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