Pune, India -- (SBWIRE) -- 01/29/2019 -- Emotion Detection and Recognition Market report examines the current market trends related to demand, supply, and sales with respect to recent developments. Emotion Detection and Recognition market report covers the market drivers, restraints, and opportunities that will provide the complete scenario of the market. The analysis represents the detailed information regarding to future prospects, industry policies and regulations implemented in each region.

Affective computing (sometimes called artificial emotional intelligence, or emotion AI) is the sresearch and development of systems and devices that can recognize, interpret, process, and simulate human affects. Emotion Detection and Recognition is an interdisciplinary field spanning computer science, psychology, and cognitive science. While the origins of the field may be traced as far back as to early philosophical inquiries into emotion, the more modern branch of computer science originated with Rosalind Picard's 1995 paper on affective computing. A motivation for the research is the ability to simulate empathy.

The global Emotion Detection and Recognition market is expected to witness a CAGR of 32.7% during the forecast period 2018–2023. The global Emotion Detection and Recognition market size is analyzed based on three segments – product type, end-users, and regions. Understanding emotion holds significance during the interaction process between humans and machine communication systems. EDR not only improves human and computer interfaces, but also enhances the feedback mechanism actions taken by computers from the users.

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Competitive Analysis: The global Emotion Detection and Recognition market is split and has immense growth opportunities for the vendors, especially in the developed regions. The existence of large, small, and local vendors in the market creates high competition. Following are the leading Manufacturers.

Affectiva, inc., Emotient, inc., (Apple, inc.), Tobii AB (publ), Noldus, Sightcorp, Realeyes OU, Nviso SARL, Kairos, Emovu (Eyeris).

Geographically, Emotion Detection and Recognition Market report provides segment analysis, import and export status, demand status, production volume, of Emotion Detection and Recognition including regions such as: US, Canada, Mexico, Rest of North America, Brazil, Argentina, Rest of South America, China, Japan, India, Rest of Asia-Pacific, UK, Germany, France, Rest of Europe, UAE, South Africa, Saudi Arabia.

Emotion Detection and Recognition Market Dynamics:

Drivers:

- Growing Internet of Things (IoT) Applications

-Need for Advanced Marketing Tools

-Growing Adoption of Wearable Devices

Restraints:

-Privacy Concerns Relating to the Deployment of this Technology

-Need for Specialized Hardware

Key Developments in the Emotion Detection and Recognition Market:

January 2017 - Voxpopme partnered with Affectiva to enhance emotion recognition software. Affectiva's Emotion AI will be integrated into the Voxpopme platform to enable meticulous analysis of facial expressions within video feedback, instantly coding it into powerful emotion data.
January 2017 - Eyeris Emotional AI and Face Analytics Technology gained momentum for commercialization in the automotive and social robot markets.
November 2016 - Ubisoft collaborated with Tobii to provide new eye tracking features for the PC versions of WATCH_DOGS 2 and Steep.
November 2016 - Noldus launched an improved method for tracking lab animal behavior that yields better data.
May 2016 - nViso launched artificial intelligence-powered financial tool - EmotionAdvisor, which provides benefits to investors, financial advisors and banks to facilitate decision-making.
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What Emotion Detection and Recognition Market Research Offers:

-Emotion Detection and Recognition Industry gives assessments for the regional level analysis with Production, Sales, Consumption, Imports and Exports

-Emotion Detection and Recognition market provides manufacturers with basic information, product category, sales revenue, price, and gross margin

-Emotion Detection and Recognition market forecasts for a minimum of 5 years of all the mentioned segments

-Supply chain trends planning the latest technological developments.

-Global Emotion Detection and Recognition market shares drivers, constraints, opportunities, threats, challenges, investment opportunities

-Strategic for the new entrants in Emotion Detection and Recognition market

-Manufacturing process, price, suppliers, production and consumption analysis, mode of transport and cost analysis, industry chain analysis

-Company describing with detailed strategies, financials, and recent developments

-And many more…

Global Emotion Detection & Recognition Market Segmentation as follows:

By Software & Services

-Software
-Facial Recognition
-Speech & Voice Recognition
-Bio Sensing
-Services

By End-user Vertical

-Government
-Healthcare
-Retail
-Entertainment
-Transportation
-Others

Technology Snapshot:

-Machine Learning
-Pattern Recognition
-Bio Sensors Technology
-3D Modelling
-Natural Language Processing

Reason to buy Emotion Detection and Recognition Market Report:

-Ability to measure global Emotion Detection and Recognition market to target the development of future products, pricing strategies and launch plans.

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-Further insight into the popularity of the segmented types of Emotion Detection and Recognition and identification of segments with high prospective.

-Delivery of more accurate information of Emotion Detection and Recognition market for various countries.

-To provide visions about factors affecting the market growth.

-To provide planned profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

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