Emotion analytics gathers data based on the individual's way of communicating either verbally or nonverbally to determine the individual's attitude/mood. The data is used to develop strategies which would enhance the company's customer relationship management. It is projected that with the advent of emotion analytics into the market, it is capable of transforming the scope of human-machine interaction by embedding emotion analytics inside the devices and mobile applications.With a continuous rise in the demand for advanced technologies such as big data and artificial intelligence, the scope of emotion analytics is rising. Also, the growing emergence of biometrics across all sectors is responsible for driving the emotion analytics market. Nevertheless, through a combination of emotion analytics and facial recognition technology, the significance of facial biometrics is anticipated to provide tremendous opportunities for the players operating in the emotion analytics market.
Some of the leading players in global market are:- Apple Inc., Adoreboard, Affectiva, Beyond Verbal, Google, Inc., IBM Corporation, Kairos AR, Inc., Microsoft Corporation, neuromore co, sensation.io
The global emotion analytics market is segmented on the basis of type and end user. Based on type, the market is segmented into speech analytics, facial analytics, video analytics, and others. On the basis of end user, the emotion analytics market is segmented into industrial, commercial, government, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global emotion analytics market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The emotion analytics market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.The report analyzes factors affecting the emotion analytics market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the emotion analytics in these regions.
The reports cover key developments in the emotion analytics market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from emotion analytics market are anticipated to lucrative growth opportunities in the future with the rising demand for emotion analytics in the global market. Below mentioned is the list of few companies engaged in the emotion analytics market.
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