DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ksgqs2/affective) has announced the addition of the "Affective Computing Market by Technology, Software, Hardware, Vertical, & Region - Forecast to 2020" report to their offering.
It is expected that the affective computing market will grow from USD 9.35 billion in 2015 to USD 42.51 billion by 2020, at a CAGR of 35.4% from 2015 to 2020.
Affective computing is set to revolutionize the way organizations, especially across retail, healthcare, government & defense, and academia sectors, gather, organize, collaborate, and deliver information. This is a big revolution in the global IT market and holds very strong growth potential.
This novel technology enables devices/machines to gather, scrutinize, and anticipate future outcomes and resembles an advanced and intelligent system, similar to a human brain. The system captures all dimensions of sensory vertex, including emotions, gestures, and other physiological changes in subjects/people under observation. Affective computing works on the principle of learning in the neocortex, a part of the human brain that plays a big role in decision making by analyzing the behavior of a human being and making decisions on the basis of time series analysis.
The affective computing systems incorporate technologies including touch-based and touchless technology and capture human emotional quotient through software tools such as facial expression recognition, speech recognition, gesture recognition, neural analytics, and other physiological recognition software, along with enterprise solutions to capture, archive, and refer to existing data.
The report segments the overall global affective computing market by technology, software, hardware, vertical, and region. The market for affective computing systems has already started to evolve, with enabling technologies already being adopted across verticals such as academia & research, entertainment, government & defense, healthcare & life sciences, IT & telecom, retail & e-commerce, hospitality, and other verticals including, banking, travel, security, energy & power, and consumer electronics.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Affective Computing Market Analysis, By Technology
8 Affective Computing Market Analysis, By Software
9 Affective Computing Market Analysis, By Hardware
10 Affective Computing Market Analysis, By Vertical
11 Geographic Analysis
12 Competitive Landscape
13 Key Innovators
- Apple, Inc.
- Cognitec Systems
- Cognivue Corporation
- Elliptic Labs
- Eyesight Technologies, Ltd.
- Intel Corporation
- Pyreos Limited
- Saffron Technology
- Tacc (The Affective Computing Company)
- Texas Advanced Computing Center (Tacc)
For more information visit http://www.researchandmarkets.com/research/ksgqs2/affective