Global Emotion Detection and Recognition Market is segmented By Technology (Machine Learning, Natural Language Processing, Pattern Recognition Network, Others), By Application (Facial Recognition, Speech and Voice Recognition), By End-User (Government, Healthcare, Retail, Amorphous Silicon), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Emotion Detection and Recognition Market Size
The Global Emotion Detection And Recognition market reached US$ 22.2 billion in 2022 and is expected to reach US$ 44.4 billion by 2031 growing with a CAGR of 11.4% during the forecast period 2024-2031.
The global emotion detection and recognition market is driven due to increases in demand for various sectors such as the health, marketing, retail and security sectors. Emotions detection has various methods used to analyze the data and interpret emotions. Computer vision algorithms are majorly used for image processing and emotion detection.
The demand for emotion detection and recognition (EDR) is mostly driven by the growing use of AI and ML. EDR models are trained using AI and ML algorithms to identify and identify emotions from a range of data sources, including speech, physiological signals and facial expressions. EDR systems with AI and ML capabilities are more precise than conventional EDR systems.
It is due to the fact that AI and ML algorithms have the ability to recognize intricate patterns in data that are hard for people to see. The more advanced AI and ML technologies get, the less expensive AI and ML-powered EDR solutions get. It are now more reachable by a wider range of organizations and businesses as a result.
Asia-Pacific is the fastest-growing region in the emotion detection and recognition market covering nearly 2/5th of the total market. One of the largest and most rapidly expanding healthcare marketplaces in the world can be found in Asia-Pacific. The healthcare sector is using EDR technologies to enhance patient care and results.
EDR systems, for instance, may be used to track and identify patients' emotions, which enables medical professionals to better understand their patients' requirements and deliver more individualized treatment. Various researchers in the region are investing in developing advanced technology leading to creating opportunities for the market.
Emotion Detection and Recognition Market Scope
|
Metrics |
Details |
|
CAGR |
11.4% |
|
Size Available for Years |
2021-2031 |
|
Forecast Period |
2024-2031 |
|
Data Availability |
Value (US$) |
|
Segments Covered |
Technology, Application, End-User and Region |
|
Regions Covered |
North America, Europe, Asia-Pacific, South America and Middle East & Africa |
|
Fastest Growing Region |
Asia-Pacific |
|
Largest Region |
North America |
|
Report Insights Covered |
Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and Acquisitions, New End-User Launches, Growth Strategies, Revenue Analysis, Porter’s Analysis, Pricing Analysis, Regulatory Analysis, Supply-Chain Analysis and Orthopedic Surgery key Insights. |
For more details on this report Request for Sample
Emotion Detection and Recognition Market Growth Trends
Sensors Widely Used in Emotion Detection and Recognition
Facial expressions and body language are recorded using visual sensors, including cameras. One of the most crucial indicators for identifying emotions is facial expressions, which can convey a variety of feelings including joy, sorrow, rage and fear. Eye contact, posture and gestures are examples of body language that can provide important details about emotional state.
Speech and other vocalizations are recorded by audio sensors, including microphones. Speech is a useful tool for identifying emotions including fear, rage, sadness and enjoyment. Laughter and tears are examples of vocalizations that might provide information about one's emotional condition.
Technologies for detecting and identifying emotions have many possible uses. It may be applied to create novel medical treatments, tailor marketing efforts and enhance customer service. Additionally, it may be utilized to provide brand-new instructional and entertaining experiences. An example of a noninvasive test that monitors the electrical activity of the heart is the Electrocardiogram (EKG). It is employed in the diagnosis and monitoring for various cardiac diseases.
Rising Demand in Marketing and Advertising
The advancement in technology in the emotion detection and recognition market in which it provides valuable insights to companies about consumer emotions. In the entertainment sector, these technologies help companies to understand customer preferences. Due to this, the demand for adoption of these technologies increases. It helps to gain information from consumers which is later used for market growth.
Online platforms use market-basket analysis on their product. In which they determine the search pattern of the consumer. With the help of this algorithm companies or brands target a particular audience in a specific domain. By applying the association rule they relate the product and its buyer. By identifying the consumer’s state of mind marketer targets their audience.
Privacy and Security Concerns
Emotion detection and recognition which capture images of individual persons lead to privacy concerns. It technology analyzes personal and sensitive data such as expressions and physiological processes. It raises concerns about the security of breaches of data and privacy, as hacking increases people are worried about sharing their personal data with any AI tools.
User acceptance and trust is also a major factor due to which demand for emotion detection and recognition system decreases. Companies need to be more cautious about user data. Integrating emotion detection applications into other technology is a complex task. As there will be compatibility issues with other software.
Emotion Detection and Recognition Market Segment Analysis
The global emotion detection and recognition are segmented based on technology, application, end-user and region.
Technological Advancements In Facial Recognition
With the rapid growth of facial recognition, it has been used in many industries. It works on facial segmentation of images which detects the emotions of any individual. There are various AI detection models that detect emotions. The emotions detection system works on many different parameters such as eye activity, motion analysis and skin resistance measurements. The technology has gained immense popularity in developed countries like U.S. and Canada due to the rising adoption of advanced technology thus covering more than 34.9% in the region.
The detection of emotion depends upon the local features of the face. For example, if the emotion detection tools detect the person’s emotions such as anger or sadness, these factors can lead to detecting physiological responses such as there might be increased heart rate or any other issues. Emotional intelligence plays a major role in the detection and recognition of the decision-making process for individuals.
Companies have invested heavily in the market leading to a boost the segmental revenue. For instance, in October 2019, Fujitsu Laboratories, Ltd. and Fujitsu Laboratories of America, Inc. has announced the development of artificial intelligence (AI) face expression recognition technology that accurately recognizes small changes in facial expression. The new technique was created in partnership with the School of Computer Science at Carnegie Mellon University.
Emotion Detection and Recognition Market Geographical Share
North America: Leading the Growth of Emotion Detection And Recognition Market
In North America, AI and ML technologies are becoming more and more popular, especially in the EDR market. It is a result of the region's expanding computing power and data availability. North American governments are encouraging the development and implementation of EDR technology increasingly. It is a result of governments realizing how EDR technology may boost the efficacy and efficiency of public services. Because multimodal EDR systems are more accurate and less expensive than traditional EDR solutions, they are growing in popularity in North America.
EDR is being utilized in the healthcare sector to identify and track individuals who suffer from anxiety and depression. Additionally, EDR can assist patients in regulating their stress and provide better pain management. EDR is used in education to determine whether students are struggling and to evaluate student participation. EDR can be employed to the development of customized educational initiatives. EDR is being employed in the workplace to raise productivity and employee happiness. Workplace violence may also be identified and prevented with the use of EDR. Future EDR applications will likely offer up even more ground-breaking and innovative concepts as the technology develops.
Emotion Detection and Recognition Market key players
The major global players in the market include Kairos AR, Inc., iMotions A/S, Noldus Information Technology BV, Amazon.com, Inc., Realeyes, IBM Corporation, Google LLC, Emotibot Technologies Limited, NuraLogix Corporation, Entropik Technologies Pvt . Ltd.
COVID-19 Impact Analysis
Globally, the pandemic has had a major negative influence on mental health, leading to higher levels of emotional discomfort, worry and stress. Technologies that detect emotions have been used to track and evaluate mental health issues. The significance of these tools in remotely monitoring and treating mental health concerns has been further highlighted by the pandemic
Systems for identifying and monitoring emotions that heavily rely on facial expressions have faced challenges as a result of the COVID-19 pandemic. Due to this masks are frequently used during social interactions as a precaution against the spread of the illness. So was challenging to recognize faces since the mask was leading to a loss of information.
Russia-Ukraine Conflict Analysis
In both accuracy and conclusions, emotion recognition algorithms often need a lot of different types of training data. The Ukraine conflict might restrict information-gathering efforts and have a consequence on the quantity and variety of data used to train emotion recognition algorithms. The growth of emotion detection technology in the area may be limited if data collection attempts are affected by the war.
The regional market dynamics, particularly the market for emotion detection, may be affected by the war. The demand as well as the growth in emotion detection technology in the affected regions, notably Russia and Ukraine, may be impacted by instability, economic difficulties and political uncertainty related to the conflict. Modifications in market growth and investment may result from this.
AI Analysis
AI-powered emotion detection systems may be trained on a variety of datasets, which enables them to fully understand and identify emotions in a wide range of linguistic, socioeconomic and demographic situations. The flexibility and functionality of emotion detection systems in various market segments and industries are facilitated by their ability to adapt and extend.
AI algorithms are built to quickly digest data, allowing instantaneous emotion recognition and detection. It capacity is especially useful in situations requiring fast input or a reaction based on emotions, such as video analysis, virtual meetings or live customer encounters. Real-time data analysis capabilities of emotion detection systems powered by AI allow for rapid insights and adaptive reactions. It advanced feature of emotion detection and recognition system has increased its demand in the market. Making it a solution for both online and offline modes, considering the situation during the COVID-19 pandemic.
Key Developments
- For instance on 5 July 2022, Zoom announced ‘ZoomIQ’ which detect human emotions and facial expression. It technology can be used by salespeople so they can pitch their sales according to the emotions of individuals.
- For instance on 7 Jun 2023, kouo launches a platform that is powered by AI which is used for emotions analytics.
Why Purchase the Report?
- To visualize the global emotion detection and recognition market segmentation based on technology, application, end-user and region, as well as understand key commercial assets and players.
- Identify commercial opportunities by analyzing trends and co-development.
- Excel data sheet with numerous data points of battery collapsible PV systems market-level with all segments.
- PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
- End-User mapping available as Excel consisting of key End-Users of all the major players.
The global emotion detection and recognition market report would provide approximately 61 tables, 62 figures and 201 Pages.
Target Audience 2024
- Manufacturers/ Buyers
- Industry Investors/Investment Bankers
- Research Professionals
- Emerging Companies
