Affective Computing Market Size | COVID-19 Impact Analysis | Forecast to 2025

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 2025.

With the increasing use of smartphones and connected devices, consumer-focused businesses are looking for new ways to use computing technology to stay ahead of the competition. The application of focus groups and surveys does not provide the exact emotional state of the end user related to a particular product. Also, depending on the ambient conditions, the reaction may be biased. A consumer’s emotional state can trigger engagement with a brand or product and influence the decision to purchase a product. So, knowing your real-time emotional state can help businesses increase revenue by selling their products. Emotional computing is a technology that helps recognize human decisions by analyzing facial expressions, heart rate, speech, and other body parameters.

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Some of the affective computing providers are Affectiva Inc., Elliptic Laboratories AS, Cognitec Systems GmbH, IBM Corp.,Microsoft Corp.,Eyesight Technologies, Ltd., Intel Corporation, Apple Inc., Saffron Technology, Inc. and Emotient, Inc. 

Affective Computing Market: Market Segmentation

By Technology

  • Touchless
  • Touch-Based 

By Solutions

  • Software
  • Gesture Recognition
  • Speech Recognition
  • Enterprise Software
  • Facial Expression Recognition
  • Neural Analytics
  • Others

By Hardware

  • Storage Devices and Processors
  • Sensors
  • Cameras
  • Others

By Vertical

  • Healthcare
  • Media and Entertainment
  • Government and Defense
  • Education
  • Leisure and Hospitality
  • Communication and Technology
  • Retail
  • Others 

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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Affective Computing MarketReport

  • What was the Affective Computing Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
  • What will be the CAGR of Affective Computing Market during the forecast period (2019-2025)?
  • Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
  • Which manufacturer/vendor/players in the Affective Computing Market was the market leader in 2018?
  • Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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