DUBLIN--(BUSINESS WIRE)--The "Global Affective Computing Market - Forecasts from 2017 to 2022" report has been added to Research and Markets' offering.
The affective computing market was valued at US$6.947 billion in 2017 and is expected to grow at a CAGR of 42.63% to reach a market size of US$41.008 billion by the year 2022.
Affective Computing, also referred to as emotional artificial intelligence is an interaction of human and computer in which computer has the capacity to detect a user's emotions and other stimuli and respond to them accordingly. The device can understand the emotions of humans, analyze and help them to take decisions accordingly.
For instance, the device can interpret when a student encounters some problem while learning a particular subject and then, it can redirect the student to various forms of resources that can aid the student to solve the problem. Many ancillary devices such as cameras or sensors provide the input data to various algorithms to identify a user's emotional condition. The affective computing solutions can also reciprocate to subtle or subconscious clues of users with the help of appropriate IT systems and devices and provide users with effective interactions.
The market for global affective computing will be driven by increased use of wearable devices and enhanced internet connectivity. Increased requirement to map human emotions in order to comprehend human behaviour for business to operate effectively will also significantly drive the affective computing market. On the other hand, huge expenditure costs involved in the manufacturing of affective computing systems can hinder the market growth.
- Gesture Recognition
- Speech Recognition
- Enterprise Software
- Facial Expression Recognition
- Neural Analytics
- Storage Devices and Processors
- Media and Entertainment
- Government and Defense
- Leisure and Hospitality
- Communication and Technology
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Affective Computing Market Forecast by Technology (US$ billion)
6. Global Affective Computing Market Forecast by Solutions (US$ billion)
7. Global Affective Computing Market Forecast by Vertical (US$ billion)
8. Global Affective Computing Market Forecast by Geography (US$ billion)
9. Competitive Intelligence
10. Company Profiles
- THRIVE Learning System
- Gestigon HQ
- nViso SA
- Beyond Verbal
- Intel Corporation
For more information about this report visit https://www.researchandmarkets.com/research/78xj3n/global_affective