Affective Computing Market Size Worth $ 95.4 Billion By 2026 | CAGR: 33.9%

The global Affective Computing Market size is expected to reach USD 95.4 billion by 2026 according to a new study by WhipSmart Market Intelligence Research. The report “Affective Computing Market by Technology (Touch-Based and Touchless), Software (Speech Recognition, Gesture Recognition, Facial Feature Extraction, Analytics Software, & Enterprise Software), Hardware (Sensors, Cameras, Storage Devices and Processors and Others), by industry vertical (Academia and Research, Media and Entertainment, Government and Defense, Healthcare and Life Sciences, IT and Telecom, Retail and eCommerce, Automotive, BFSI and Others);  By Regions, Segments & Forecast, 2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The report covers the COVID-19 impact on the Affective Computing Market. The COVID-19 Impact analysis will help you to understand the future market growth in the Affective Computing Market.

Affective computing is a combine study of cognitive science, human-like capabilities of observation and generation of affect features which provides suitable response to get a favorable outcome.

Affective computing is often explained because the study and development of devices and systems which will recognize, interpret, process, and simulate human affects and emotions. It’s a large field which spans across psychology, computing, and science. This field of science may be a human-computer interaction during which a tool gains the power to detect and accordingly response its user’s stimuli and other emotions.

The demand for affective computing is predicted to extend in coming years because of increasing adoption of wearable devices and internet. Further, there’s a healthy need for businesses to know the necessity of their customer behavior which is predicted to drive the affective computing market. Many businesses are collaborating with affective computing providers to spice up research and development activities during this area. However, business has got to analyze the impact of deploying these systems before inducting within the affective computing market. This will State a challenge for affective computing providers because the application of affective computing differs from business to business and also depends on the goods or service.

North America is the largest market share for affective computing market. The region has the occurrence of some dominant market players which delivers advanced solutions to all verticals in the region. Form this factor the strategic investments, geographical presence, partnerships and important R&D activities are donating to the substantial deployments of affective solutions. 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. and several start-ups in this region, are enhanced affective computing services and solutions to satisfy the customer’s needs.

The key players in the market include Danaher Corporation (Beckman Coulter), Becton, Dickinson and Company, EMD Millipore, Sysmex Corporation, Affymetix Inc., Luminex Corporation, Thermo Fischer Scientific, Bio-Rad Laboratories, Inc., Miltenyi Biotec, Inc. and Agilent Technologies, Inc. Development of distribution channels, novel product development and aggressive marketing campaigning are some of the success factors in the industry.

WhipSmart Market Intelligence market research has segmented the Affective Computing Market report on the basis of technology, component, industry vertical and region

Affective Computing Technology Outlook (Revenue, USD Million, 2019 – 2026)

• Touch-based
• Touchless

Affective Computing Component Outlook (Revenue, USD Million, 2019 – 2026)

• Hardware
  • Sensors
  • Cameras
  • Storage Devices and Processors
  • Others
• Software
  • Speech Recognition
  • Gesture Recognition
  • Facial Feature Extraction
  • Analytics Software
  • Enterprise Software
  • Others

Affective Computing Industry Outlook (Revenue, USD Million, 2019 – 2026)

• Academia and Research
• Media and Entertainment
• Government and Defense
• Healthcare and Life Sciences
• IT and Telecom
• Retail and eCommerce
• Automotive
• BFSI
• Others

Affective Computing Regional Outlook (Revenue, USD Million, 2019 – 2026)

• North America
  • U.S.
  • Canada
• Europe
  • France
  • Germany
  • UK
  • Italy
  • Russia
• Asia Pacific
  • Japan
  • Korea
• Latin America
  • Mexico
  • Brazil
  • Colombia
• Middle East & Africa
• Saudi Arabia
• Israel

Contact:

Mr. Ray Schafer

Phone: +1 512-560-9140

Email: ray@whipsmartmi.com or sales@whipsmartmi.com