Affective Computing Market Research and Forecast Report 2023-2028

1. Global Affective Computing Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved

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3. Report Description and Highlights Report Description Global Affective Computing Market Research Report: The latest report by IMARC, titled “Affective Computing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” " the global affective computing market reached a value of US$ 51.1 Billion in 2022. Affective computing refers to a multidisciplinary field combining psychology, and computer and cognitive sciences, which recognizes, interprets, and simulates human emotions. It uses a range of software and hardware components, including sensors, cameras, processors, machine intelligence, and microphones that assist in sensing and evaluating the non-verbal communication signals of users. Affective computing aids enterprises in understanding the reactive state of customers, selling products effectively, monitoring employee emotional states to adjust their workload, and performing content optimization to engage with clients. Apart from this, affective communication optimizes overall organizational productivity; therefore, it is extensively incorporated in the autonomous and e-learning systems in varying industries. Request market/requestsample Free Sample Report: https://www.imarcgroup.com/affective-computing-

4. Report Description and Highlights Report Description Global Affective Computing Market Trends: The widespread adoption of affective computing across various industrial verticals can be attributed to the increasing demand for effective and improved human-computer interfaces to establish an interaction between the user and system after detection of the emotional state. In line with this, significant technological advancements, such as the large-scale integration of machine learning (ML), artificial intelligence (AI), and dual cameras to detect human behavior, motion, gestures, and physiology, are acting as another growth-inducing factor. Moreover, the rising need for telehealth applications, especially during the coronavirus disease (COVID-19) pandemic, has prompted the extensive incorporation of affective computing solutions for monitoring patient conditions and providing treatment, which is propelling the market growth. Additionally, escalating fraudulent activities, such as hacking, have prompted the installation of virtual assistants and face-recognition biometrics in affective computing systems to offer better security, which is propelling the market growth. Other factors, such as the fueling utilization of consumer electronics and several wearable devices and the strategic collaborations amongst key players to enhance product efficacy to offer personalized experiences to users, are positively stimulating the market growth. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 298.7 Billion by 2028, growing at a CAGR of 34.5% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).

5. Report Description and Highlights Report Description Market Summary: Breakup by Technology: • Touch-based • Touchless Breakup by Components: • Hardware • Sensors • Cameras • Storage Devices and Processors • Others • Software • Analytics Software • Enterprise Software • Facial Recognition • Gesture Recognition • Speech Recognition

6. Report Description and Highlights Report Description Breakup by End Use: • Automotive • BFSI • Government • Healthcare • IT and Telecom • Others Breakup by Region: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others

7. Report Description and Highlights Report Description • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa

8. Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • Affectiva Inc. Cipia Vision Ltd. Cognitec Systems GmbH Elliptic Laboratories A/S Google LLC (Alphabet Inc.) Intel Corporation International Business Machines Corporation Kairos AR Inc. Microsoft Corporation Nuance Communications Inc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/affective-computing- market

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11. Report Description and Highlights Report Description © 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.

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