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The Global Affective Computing Market is estimated to grow at 28.46% CAGR during the years 2018-2026 and the forecast period is between 2018 and 2026.
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GLOBAL AFFECTIVE COMPUTING MARKET FORECAST2018-2026
The Global Affective Computing market is anticipated to rise at a CAGR of 28.46% for the forecast period of 2018-2026. • Factors such as a growing mandate of affective computing applications in various sectors, rising focus on R&D for developing software technologies, and increasing applications for the tech-savvy customers are primarily responsible for driving this market.
The global affective computing market is segmented into four major parts, which includes software and hardware, applications, industrial sectors, and technologies. • The software segment includes gesture recognition, speech recognition, facial expression recognition, enterprise software and neural analytics, whereas the hardware segment includes cameras, sensors, and storage. • The application for this market includes hands-free computing, social interfaces, virtual sales assistant, distance education and internet banking. • The industrial sector segment comprises of psychiatry, security, robotics, neurology, medical, dialog/automatic call centers, etc. • The technologies segment for the global market is further segmented into body volume pulse, emotional speech, visual aesthetics, facial affect detection, galvanic skin response, facial electromyography and body gestures.
“The Global Affective Computing Market is estimated to grow at 28.46% CAGR during the years 2018-2026.”
The North America affective computing market is likely to showcase a CAGR of 27.64%.
The Europe Affective Computing market is predicted to prosper with the highest CAGR of 28.89% over the forecast period of 2018-2026.
The Asia Pacific affective computing market is likely to exhibit a CAGR of 28.48% and continue having an upper hand over other regional markets.
The prominent companies include Apple Inc, Affectiva, Cognitec Systems, Congnivue Corporation, Elliptic Labs, Eyesight Technologies, Gestsure Technologies Inc, Intel Corporation, Numenta, Palantir, Pointgrab Ltd, Pyreos Limited, Qualcomm, Sony Depth Sensing solutions, Texas Advanced Computing Centre (Tacc) and Vicon.