iCrowd Newswire
13 Jan 2022, 21:32 GMT+10
North America dominates this market presently, followed by Europe. In 2016, China dominated the Asia-Pacific market; similarly, the UK led the overall market in the European region.
According to a recent report published by Allied Market Research, titled, Emotion Detection and Recognition Market by Software Tool, Application, Technology, and End User: Global Opportunity Analysis and Market Forecast, 2017-2023, the global Emotion Detection and Recognition Market was valued at $5.8 billion in 2016, and is projected to reach at $33.9 billion by 2023, growing at a CAGR of 28.9% from 2017 to 2023.
Download Sample Report (Get Full Insights in PDF – 130 Pages) at https://www.alliedmarketresearch.com/request-sample/3806
Surge in popularity of wearable technology, growth of Internet of Things, and increase in adoption of smartphones drive the global emotion recognition and detection market. However, high cost of application, varied functional requirements, and misinterpretation in analysis of emotions restrict this growth. Furthermore, implementation of cloud-based technology presents a lucrative opportunity for the market.
In 2016, the facial expression & emotion detection segment dominated the global Emotion Detection and Recognition Market growth with 66.0% share in software tool segment, in terms of revenue. However, in the same year, based on technology, machine learning led the global market, followed by natural language.
The commercial sector led the EDR market by end use with 51.16% market share in 2016. However, the retail sector is anticipated to depict highest CAGR of 31.3% throughout the forecast period.
Get detailed COVID-19 impact analysis @ https://www.alliedmarketresearch.com/request-for-customization/3806
Key Findings of the Emotion Detection And Recognition Market:
The key players profiled in the report include Affectiva, Beyond Verbal, Noldus Information Technology, Sentiance, Sightcorp, Realeyes, CrowdEmotion, Kairos AR, Inc., nViso SA., and SkyBiometry
For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/3806
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers, and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Tags: EDR Market, Emotion Detection and Recognition Market, Emotion Detection and Recognition
See Campaign: https://www.alliedmarketresearch.com/emotion-detection-and-recognition-marketContact Information:David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free: 1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 [email protected] Web: https://www.alliedmarketresearch.com Follow Us on: LinkedIn TwitterTags:Empirits, Healthfirsto, canadatousd, PR-Wirein, Reportedtimes, Menafn, Dthai, lebc, Fexti, Research Newswire, English
Get a daily dose of Las Vegas Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Las Vegas Herald.
More InformationGENEVA, Switzerland: A new United Nations report alleges that dozens of global corporations are profiting from and helping sustain...
LONDON, UK - Lawmakers in the United Kingdom have voted overwhelmingly to proscribe the direct-action group Palestine Action as a terrorist...
DHARAMSHALA, India: The Dalai Lama is set to address a significant three-day conference of Buddhist leaders this week, coinciding with...
WASHINGTON, D.C.: In a significant ruling last week, the U.S. Supreme Court upheld a Texas law requiring age verification for users...
ISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
NEW YORK, New York -U.S. stock markets closed with broad gains on Thursday, led by strong performances in U.S. tech stocks, while European...
LONDON/STOCKHOLM: The Persson family is ramping up its investment in the H&M fashion empire, fueling renewed speculation about a potential...
PARIS, France: L'Oréal is making a fresh play in the booming premium haircare segment with a new acquisition. The French beauty conglomerate...
MENLO PARK, California: Robinhood is giving European investors a new way to tap into America's most prominent tech names — without...
NEW YORK, New York - U.S. stocks diverged on Wednesday for the second day in a row. The Standard and Poor's 500 hit a new all-time...
NEW YORK CITY, New York: The U.S. dollar continues to lose ground, weighed down by growing concerns over Washington's fiscal outlook...