Global Emotion Analytics Market, By Type (Text Analytics, Facial Analytics, Speech Analytics, Video Analytics), Application (Sales and Marketing Management, Customer Experience Management, Competitive Intelligence, Public Safety and Law Enforcement, Workplace Management), Organization Size (Small and Medium Businesses, Large Enterprises), Vertical (Banking, Financial Services, and Insurance, IT and Telecommunication, Retail, Healthcare, Media and Entertainment, Government, Others) Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Emotion Analytics Market
Data Bridge Market Research analyses that the emotion analytics market will exhibit a CAGR of 16.47% for the forecast period of 2022-2022 and is expected to reach the market value of USD 9.83 billion by 2029.
Emotion analytics is software package that's specially designed so that they will analyse the emotion or perspective of the person. It’s the flexibility to gather the information of the persons and the way they impart verbally and non-verbally. A number of the common feeling analytics software package are speech analytics, video analytics, facial analytics, and others.
The growing demand for recognition application is the major factor accelerating the growth of the emotion analytics market. Furthermore, rising popularity of wearable devices, increasing adoption of mobile & cloud based biometric technologies, increasing demand for artificial intelligence and big data analytics are also expected to drive the growth of the emotion analytics market. However, unavailability of government bodies & technologies will restrains the emotion analytics market, whereas, dearth of awareness about emotion analytics will challenge market growth.
In addition, integration of advanced technologies for better customer satisfaction and increasing application of emotion analytics will create ample opportunities for the emotion analytics market.
This emotion analytics market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on emotion analytics market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Emotion Analytics Market Scope and Market Size
The emotion analytics market is segmented on the basis of type, application, organization size and vertical. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Based on type, the emotion analytics market is segmented into text analytics, facial analytics, speech analytics and video analytics.
- The application segment of the emotion analytics market is divided into sales and marketing management, customer experience management, competitive intelligence, public safety and law enforcement and workplace management.
- Based on organization size, the emotion analytics market is segmented into small and medium businesses and large enterprises.
- The vertical segment of the emotion analytics market is divided into banking, financial services, and insurance, IT and telecommunication, retail, healthcare, media and entertainment, government and others.
Emotion Analytics Market Country Level Analysis
The emotion analytics market is analysed and market size, volume information is provided by country, type, application, organization size, and vertical as referenced above.
The countries covered in the emotion analytics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the emotion analytics market and will continue to flourish its trend of dominance during the forecast period due to increasing R&D activities, rising adoption of cloud based face recognition software. Asia-Pacific will however, register the highest CAGR for this period due to the advancement in the technologies in the region.
The country section of the emotion analytics market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Emotion Analytics Market Share Analysis
The emotion analytics market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points are only related to the companies’ focus on the emotion analytics market.
The major players operating in the emotion analytics market report are Affectiva., Kairos AR, Inc., Cogitocorp.com, Noldus Information Technology, Tobii AB, Sentiance, NVISO SA., Lexalytics, Sensum Co., IBM Corporation, Google, Microsoft, Adoreboard, LIGHTSPEED LLC, Beyond Verbal, Eyeris, SAP SE among other.
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