Portland, OR -- (SBWire) -- 07/27/2017 --Affective computing aspires to reduce the distance between human emotions and machines by developing computational systems that recognize, response, and express emotions. Computer scientists and major players in the market are inclined toward putting more efforts on affective computing to develop a highly intelligent computing system, which enriches the proactive and intelligent humanmachine interaction.
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Increase in adoption of connected devices across various end-user verticals and continuous advancement in enabling technologies are anticipated to drive the market growth during the forecast period. However, lack of standardization and high production cost are estimated to hamper the market growth.
Key market players (offering affective computing technologies and services) adopted product launch, partnership, geographical expansion, and acquisition as their key strategies to facilitate their business growth and expansion globally. The key players profiled in the market are Apple, Inc., Beyond Verbal Communication Ltd., Cognitec Systems GmbH, Elliptic Labs, Eyesight Technologies, Ltd., Gesturetek, Google Inc., IBM Corporation, Microsoft Corporation, and Qualcomm Inc.
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Affective Computing Market Key Segments:
The affective computing market is segmented based on type, vertical, and region.
By Type
Hardware
Software
- Analytics Software
- Enterprise Software
- Facial Feature Extraction
- Gesture Recognition
- Speech Recognition
By Vertical
- Retail Sector
- Transportation & Logistics
- IT & Telecom
- Healthcare Sector
- Public Sector
- BSFI
- Others (Manufacturing, Energy, and Utility)
By Region
North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Australia
- Rest of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Affective Computing Market: Opportunity and Forecast, 2017-2023