Global Emotion Detection and Recognition Market: Key Highlights
Global Emotion Detection and Recognition Market: Key Market Dynamics
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Global Emotion Detection and Recognition Market: Regional Overview
The North America is witness to have tremendous growth in the adoption of robust infrastructure as well as favorable governmental support which is projected to boost the emotion detection and recognition market. Moreover the US and Canada are projected to be a key contributors to the growth of the emotion detection and recognition market. Also, the significant research and development (R&D) activities as well as the partnership is contributing is major opportunities for the market growth in the region.
Hence, the startups in the region, offers emotion detection as well as the recognition solutions to cater to the needs of user. These trends will fuel the market growth in the forecast period.
The region is anticipate of play a major role for the growth and developments of the market in the forecast period. Whereas, with the rising customer service awareness, improving growth in the developing technology, as well as the economies of region is lead to enhance the market demand. The countries such as, India, Japan and China, are adopting the new business platform to promote consumer centric as well as the competitive environments generating opportunities for market growth.
Hence, the region is projected to grow at a highest rate during the forecast period, with the adoption and government support for the technological development.
Global Emotion Detection and Recognition Market: Key Players Overview
Microsoft Corporation is an American multinational technology company, which develops, manufactures, supports & sells computer software and consumer electronic products. In 2018, the company had signed an agreement to acquire XOXCO, a company with conversational AI and bot development capabilities. Also, in 2019 the company has introduced four free “Eyes First” games for people with speech and mobility disabilities.
Hence, the Azure Cognitive Services Face service provides algorithms that detect, recognize, as well as analyze human faces in images.
Affectiva is an MIT Media Lab spin-off, is the pioneer in Emotion AI, the next frontier of artificial intelligence. In 2018, the company unveiled Mobile Lab with automotive AI technology. Moreover, in 2019, company had partnered with Aptiv PLC to enable next-generation vehicle experience. Hence, these partnership will deliver innovative as well as the scalable software derived from deep learning architectures to boost the perception capabilities in advanced safety solutions and reimagine the future of the in-cabin experience.
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