Affective Computing Market Research Report – Forecast to 2027

Global Affective Computing Market Research Report — By Type (hardware, software) By Vertical (retail, IT & Telecom) By Deployment (cloud, on-premise) By Organization size (SME’s, large enterprises) By Technology (touch, touchless)  — Forecast till 2027

ID: MRFR/ICT/4674-HCR | February 2021 | Region: Global | 100 pages

Please note that the assessment period of report has been updated from 2017-2023 to 2020-2027. Cordially fill the sample form for updated data.

Synopsis of Affective computing Market:


Market Scenario


Affective computing is a multidisciplinary field of knowledge dealing with various backgrounds such as psychology, cognitive, physiology, and computer sciences. Facial expressions, posture, gestures, speech, force or rhythm of keystrokes and the temperature changes of the hand on a mouse signify changes in the user’s emotional state, and these can be detected and interpreted by a computer. For instance, the technology includes wristbands that attempt to get user’s emotional cues through vital signs.


Major players in the market concentrate majorly on affective computing to develop highly intelligent systems for better human-machine interaction. The main objective of affective computing is to develop a computing device with its capacity to gather cues to user emotion from a variety of sources. Affective Computing will impact many industrial applications including consumer electronics, Customer Relationship Management (CRM), security, Healthcare, Virtual Reality, and Robotics.


One of the major driving factors of the market is increasing adoption of connected devices across different end-user industries and continuous improvement in enabling affective computing technology. However, the inadequacy of standards and high production cost is expected to hamper the market growth.


Key Players:


Some of the key players in affective computing market include Google LLC (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Saffron Technologies Inc. (U.S.), Qualcomm Inc. (U.S.), Elliptic Labs A/S (Norway), Eyesight Technologies Ltd. (Israel), Pyreos Limited (Scotland), and Softkinetic Systems (Belgium), SiteCorp. (The Netherlands).


Other players in market are Dream Face Technologies (U.S.), Gesturetek(U.S.), Palantir Technologies(U.S.), Affectiva (U.S.), Emotional Recognition(U.K), Numenta (U.S.), CrowdEmotion(U.K), SRI International (U.S.), Feel Wristband (Sentio Solutions)(U.S.), Vokaturi (The Netherlands) among others


Segmentation:


The affective computing market is segmented by type, vertical, deployment, and organization size.


On the basis of type, the market is segmented into hardware, software (analytics software, enterprise software, facial feature extraction, gesture recognition, speech recognition, and others).


On the basis of vertical, the market is segmented as retail, transportation & logistics, IT &Telecom, public sector, BSFI(Banking, Financial Services, and Insurance), and others.


On the basis of deployment, the affective computing market is segmented as cloud and on-premise.


On the basis of organization size, the affective computing market is segmented as small & medium scale enterprise (SME’s) and large enterprises.


On the basis of technology, the affective computing market is segmented as touch-based and touchless.  


Regional Analysis


Geographically, the affective computing market is segmented into four different regions namely North America, Asia Pacific, Europe, and Latin America, the Middle East & Africa (LAMEA).


North America was dominating the affective computing market and holds the largest market share in 2016. Due to large number of enterprises acquired affective computing technologies, along with the latest technologies.


North America’s affective computing market incorporates major products that are in high demand currently along with cost breakup, manufacturing volume, import/export scheme and contribution to the affective computing market revenue in North America. The United States, Canada, and Mexico are the countries reviewed for the affective computing market in this region. Research in multimodal recognition and detection combined with the effective and efficient collaboration among different researchers is providing the market with tremendous potential growth opportunities.


Asia Pacific region offers potential growth opportunities for the market to emerge over the forecast period. The key factor driving the growth of Asia Pacific region includes improvement in technological implementations & rising smart city investments. India, China, Japan, South Korea, and Australia are the countries considered for Asia Pacific affective computing market. A major driver for this region is affective computing based robots and digital call centers.


Target Audience



  • Business intelligence tools

  • System experts

  • System integrators

  • Telecommunication Vendors Machine learning/Artificial Intelligence (AI) solution providers

  • Mobile network operators

  • Cognitive and AI technology experts/providers

  • End-users/consumers/enterprise users

  • Technology consultants



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   Substantial CAGR
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   By Type, By Vertical
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Google LLC (U.S.), Microsoft Corporation (U.S.), IBM Corporation (U.S.), Saffron Technologies Inc. (U.S.), Qualcomm Inc. (U.S.), Elliptic Labs A/S (Norway), Eyesight Technologies Ltd. (Israel), Pyreos Limited (Scotland), and Softkinetic Systems (Belgium), SiteCorp. (The Netherlands).
  Key Market Opportunities   Research in multimodal recognition and detection combined with the effective and efficient collaboration among different researchers is providing the market with tremendous potential growth opportunities.
  Key Market Drivers   The major driving factors of the market is the growing adoption of connected devices across different end-user industries and continuous improvement in enabling affective computing technology.


Frequently Asked Questions (FAQ) :


The major driving factors of the market is the growing adoption of connected devices across different end-user industries and continuous improvement in enabling affective computing technology.

The inadequacy of standards and high production costs might hamper market growth.

North America, Asia Pacific, Europe, and Latin America, the Middle East & Africa (LAMEA) are the key regions grossing with the highest market shares.

Asia Pacific region is showing potential growth of the market by offering growth opportunities for the market to emerge over the forecast period.

The market will be forecast till the year of 2023

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat of New Entrants

4.1.2 Bargaining power of buyers

4.1.3 Threat of substitutes

4.1.4 Segment rivalry

4.1.5 Bargaining power of Suppliers

4.2 Value Chain/Supply Chain of Global Affective computing Market

5 Industry Overview of Global Affective computing Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact analysis

7. Global Affective computing market by Type

7.1 Introduction

7.2 Hardware

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3 Software

7.3.1 Analytics software

7.3.1.1 Market Estimates & Forecast, 2020-2027

7.3.1.2 Market Estimates & Forecast by Region, 2020-2027

7.3.2 Enterprise software

7.3.2.1 Market Estimates & Forecast, 2020-2027

7.3.2.2 Market Estimates & Forecast by Region, 2020-2027

7.3.3 Facial feature extraction

7.3.3.1 Market Estimates & Forecast, 2020-2027

7.3.3.2 Market Estimates & Forecast by Region, 2020-2027

7.3.4 Gesture recognition

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast by Region, 2020-2027

7.3.5 Speech recognition

7.3.5.1 Market Estimates & Forecast, 2020-2027

7.3.5.2 Market Estimates & Forecast by Region, 2020-2027

7.3.6 Others

7.3.6.1 Market Estimates & Forecast, 2020-2027

7.3.6.2 Market Estimates & Forecast by Region, 2020-2027

8. Global Affective computing Market by Vertical

8.1 Introduction

8.2 Retail

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast by Region, 2020-2027

8.3 Transportation & logistics

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast by Region, 2020-2027

8.4 IT & Telecomm.

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast by Region, 2020-2027

8.5 Public sector

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

8.6 BSFI (Banking, Financial services and Insurance)

8.6.1 Market Estimates & Forecast, 2020-2027

8.6.2 Market Estimates & Forecast by Region, 2020-2027

8.7 Others

8.5.1 Market Estimates & Forecast, 2020-2027

8.5.2 Market Estimates & Forecast by Region, 2020-2027

9 Global Affective computing Market by Deployment

9.1 Introduction

9.2 Cloud

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast by Region, 2020-2027

9.3 On premise

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast by Region, 2020-2027

10 Global Affecting computing Market by Organization size

10.1 Introduction

10.2 Small & Medium Enterprises (SME’s)

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast by Region, 2020-2027

10.3 Large Enterprises

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast by Region, 2020-2027

11 Global Affecting computing Market by Technology

11.1 Introduction

11.2 Touch based

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast by Region, 2020-2027

11.3 Touchless

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast by Region, 2020-2027

12. Global Affective computing Market by Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast by Type, 2020-2027

12.2.3 Market Estimates & Forecast by Vertical, 2020-2027

12.2.4 Market Estimates & Forecast by Deployment, 2020-2027

12.2.5 Market Estimates & Forecast by Organization size, 2020-2027

12.2.6 Market Estimates & Forecast by Technology, 2020-2027

12.2.7 US.

12.2.7.1 Market Estimates & Forecast by Type, 2020-2027

12.2.7.2 Market Estimates & Forecast by Vertical, 2020-2027

12.2.7.3 Market Estimates & Forecast by Deployment, 2020-2027

12.2.7.4 Market Estimates & Forecast by Organization size, 2020-2027

12.2.7.5 Market Estimates & Forecast by Technology, 2020-2027

12.2.8 Canada

12.2.8.1 Market Estimates & Forecast by Type, 2020-2027

12.2.8.2 Market Estimates & Forecast by Vertical, 2020-2027

12.2.8.3 Market Estimates & Forecast by Deployment, 2020-2027

12.2.8.4 Market Estimates & Forecast by Organization size, 2020-2027

12.2.8.5 Market Estimates & Forecast by Technology, 2020-2027

12.3 Europe

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast by Type, 2020-2027

12.3.3 Market Estimates & Forecast by Vertical, 2020-2027

12.3.4 Market Estimates & Forecast by Deployment, 2020-2027

12.3.5 Market Estimates & Forecast by Organization size, 2020-2027

12.3.6 Market Estimates & Forecast by Technology, 2020-2027

12.3.7 Germany

12.3.7.1 Market Estimates & Forecast by Type, 2020-2027

12.3.7.2 Market Estimates & Forecast by Vertical, 2020-2027

12.3.7.3 Market Estimates & Forecast by Deployment, 2020-2027

12.3.7.4 Market Estimates & Forecast by Organization size, 2020-2027

12.3.7.5 Market Estimates & Forecast by Technology, 2020-2027

12.3.8 France

12.3.8.1 Market Estimates & Forecast by Type, 2020-2027

12.3.8.2 Market Estimates & Forecast by Vertical, 2020-2027

12.3.8.3 Market Estimates & Forecast by Deployment, 2020-2027

12.3.8.4 Market Estimates & Forecast by Organization size, 2020-2027

12.3.8.5 Market Estimates & Forecast by Technology, 2020-2027

12.3.9 U.K

12.3.9.1 Market Estimates & Forecast by Type, 2020-2027

12.3.9.2 Market Estimates & Forecast by Vertical, 2020-2027

12.3.9.3 Market Estimates & Forecast by Deployment, 2020-2027

12.3.9.4 Market Estimates & Forecast by Organization size, 2020-2027

12.3.9.5 Market Estimates & Forecast by Technology, 2020-2027

12.3.10 Rest of Europe

12.3.10.1 Market Estimates & Forecast by Type, 2020-2027

12.3.10.2 Market Estimates & Forecast by Vertical, 2020-2027

12.3.10.3 Market Estimates & Forecast by Deployment, 2020-2027

12.3.10.4 Market Estimates & Forecast by Organization size, 2020-2027

12.3.10.5 Market Estimates & Forecast by Technology, 2020-2027

12.4 Asia Pacific

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast by Type, 2020-2027

12.4.3 Market Estimates & Forecast by Vertical, 2020-2027

12.4.4 Market Estimates & Forecast by Deployment, 2020-2027

12.4.5 Market Estimates & Forecast by Organization size, 2020-2027

12.4.6 Market Estimates & Forecast by Technology, 2020-2027

12.4.7 China

12.4.7.1 Market Estimates & Forecast by Type, 2020-2027

12.4.7.2 Market Estimates & Forecast by Vertical, 2020-2027

12.4.7.3 Market Estimates & Forecast by Deployment, 2020-2027

12.4.7.4 Market Estimates & Forecast by Organization size, 2020-2027

12.4.7.5 Market Estimates & Forecast by Technology, 2020-2027

12.4.8 India

12.4.8.1 Market Estimates & Forecast by Type, 2020-2027

12.4.8.2 Market Estimates & Forecast by Vertical, 2020-2027

12.4.8.3 Market Estimates & Forecast by Deployment, 2020-2027

12.4.8.4 Market Estimates & Forecast by Organization size, 2020-2027

12.4.8.5 Market Estimates & Forecast by Technology, 2020-2027

12.4.9 Japan

12.4.9.1 Market Estimates & Forecast by Type, 2020-2027

12.4.9.2 Market Estimates & Forecast by Vertical, 2020-2027

12.4.9.3 Market Estimates & Forecast by Deployment, 2020-2027

12.4.9.4 Market Estimates & Forecast by Organization size, 2020-2027

12.4.9.5 Market Estimates & Forecast by Technology, 2020-2027

12.4.10 Rest of Asia Pacific

12.4.10.1 Market Estimates & Forecast by Type, 2020-2027

12.4.10.2 Market Estimates & Forecast by Vertical, 2020-2027

12.4.10.3 Market Estimates & Forecast by Deployment, 2020-2027

12.4.10.4 Market Estimates & Forecast by Organization size, 2020-2027

12.4.10.5 Market Estimates & Forecast by Technology, 2020-2027

12.5 Latin America, Middle East & Africa (LAMEA).

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast by Type, 2020-2027

12.5.3 Market Estimates & Forecast by Vertical, 2020-2027

12.5.4 Market Estimates & Forecast by Deployment, 2020-2027

12.5.5 Market Estimates & Forecast by Organization size, 2020-2027

12.5.6 Market Estimates & Forecast by Technology, 2020-2027

12.5.7 The Middle East & Africa

12.5.7.1 Market Estimates & Forecast by Type, 2020-2027

12.5.7.2 Market Estimates & Forecast by Vertical, 2020-2027

12.5.7.3 Market Estimates & Forecast by Deployment, 2020-2027

12.5.7.4 Market Estimates & Forecast by Organization size, 2020-2027

12.5.7.5 Market Estimates & Forecast by Technology, 2020-2027

12.5.8 Latin Countries

12.5.8.1 Market Estimates & Forecast by Type, 2020-2027

12.5.8.2 Market Estimates & Forecast by Vertical, 2020-2027

12.5.8.3 Market Estimates & Forecast by Deployment, 2020-2027

12.5.8.4 Market Estimates & Forecast by Organization size, 2020-2027

12.5.8.5 Market Estimates & Forecast by Technology, 2020-2027

13. Company Landscape

14. Company Profiles

14.1 Google Inc. (U.S)

14.1.1 Company Overview

14 1.2 Product/Business Segment Overview

14.1.3 Financial Updates

14.1.4 Key Developments

14.2 Microsoft Corporation (U.S)

14.2.1 Company Overview

14.2.2 Product/Business Segment Overview

14.2.3 Financial Updates

14.2.4 Key Developments

14.3 IBM Corporation (U.S)

14.3.1 Company Overview

14.3.2 Product/Business Segment Overview

14.3 3 Financial Updates

14.3.4 Key Developments

14.4 Saffron technologies Inc. (an Intel company) (U.S)

14.4.1 Company Overview

14.4.2 Product/Business Segment Overview

14.4 3 Financial Updates

14.4.4 Key Developments

14.5 Qualcomm Inc. (U.S)

14.5.1 Company Overview

14.5.2 Product/Business Segment Overview

14.5.3 Financial Updates

14.5.4 Key Developments

14.6 Elliptic Labs A/S (Norway)

14.6.1 Company Overview

14.6.2 Product/Business Segment Overview

14.6.3 Financial Updates

14.6.4 Key Developments

14.7 Eyesight Technologies Ltd. (Israel)

14.7.1 Company Overview

14.7.2 Product/Business Segment Overview

14.7.3 Financial Updates

14.7.4 Key Developments

14.8 Pyreos Limited (Scotland)

14.8.1 Company Overview

14.8.2 Product/Business Segment Overview

14.8.3 Financial Updates

14.8 4 Key Developments

14.9 Softkinetic Systems (A Sony group company) (Belgium)

14.9.1 Company Overview

14.9.2 Product/Business Segment Overview

14.9.3 Financial Updates

14.9 4 Key Developments

14.10 Sightcorp. (Nederland’s).

14.10.1 Company Overview

14.10.2 Product/Business Segment Overview

14.10.3 Financial Updates

14.10 4 Key Developments

15 Conclusion

LIST OF TABLES

Table1 Global Affective computing Market: By Region, 2020-2027

Table2 North America Affective computing Market: By Country, 2020-2027

Table3 Europe Affective computing Market: By Country, 2020-2027

Table4 Asia Pacific Affective computing Market: By Country, 2020-2027

Table5 The Middle East & Africa Affective computing Market: By Country, 2020-2027

Table6 Latin America Affective computing Market: By Country, 2020-2027

Table7 Global Affective computing by Type Market: By Regions, 2020-2027

Table8 North America Affective computing by Type Market: By Country, 2020-2027

Table9 Europe Affective computing by Type Market: By Country, 2020-2027

Table10 Asia Pacific Affective computing by Type Market: By Country, 2020-2027

Table11 The Middle East & Africa Affective computing by Type Market: By Country, 2020-2027

Table12 Latin America Affective computing by Type Market: By Country, 2020-2027

Table13 Global Affective computing by Vertical Market : By Regions, 2020-2027

Table14 North America Affective computing by Vertical Market: By Country, 2020-2027

Table15 Europe Affective computing by Vertical Market: By Country, 2020-2027

Table16 Asia-Pacific Affective computing by Vertical Market: By Country, 2020-2027

Table17 Middle East & Africa Affective computing by Vertical Market: By Country, 2020-2027

Table18 Latin America Affective computing by Vertical Market: By Country, 2020-2027

Table19 North America Affective computing for Vertical Market: By Country, 2020-2027

Table20 Europe Affective computing for Vertical Market: By Country, 2020-2027

Table21 Asia-Pacific Affective computing for Vertical Market: By Country, 2020-2027

Table22 Middle East & Africa Affective computing for Vertical Market: By Country, 2020-2027

Table23 Global Type Market: By Region, 2020-2027

Table24 Global Vertical Market By Region, 2020-2027

Table25 Global Vertical Market By Region, 2020-2027

Table26 North America Affective computing Market, By Country

Table27 North America Affective computing Market, By Type

Table28 North America Affective computing Market, By Vertical

Table29 Europe Affective computing, By Vertical

Table30 Europe Affective computing Market, By Type

Table31 Asia Pacific Affective computing Market, By Country

Table32 Asia Pacific Affective computing Market, By Type

Table33 Asia Pacific Affective computing Market, By Vertical

Table34 The Middle East & Africa: Affective computing Market, By Country

Table35 The Middle East & Africa Affective computing Market, By Type

Table36 The Middle East & Africa Affective computing Market, By Vertical

Table37 Latin America: Affective computing Market, By Country

Table38 Latin America Affective computing Market, By Type

Table39 Latin America Affective computing Market, By Vertical

LIST OF FIGURES

FIGURE 1 Global Affective computing market segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Global Affective computing Market

FIGURE 4 Value Chain of Global Affective computing Market

FIGURE 5 Share of Global Affective computing Market in 2020, by country (in %)

FIGURE 6 Affective computing Market, 2020-2027,

FIGURE 7 Sub segments of Type

FIGURE 8 Global Affective computing Market size by Type , 2020-2027

FIGURE 8 Share of Global Affective computing Market by Type , 2020 TO 2027

FIGURE 9 Global Affective computing Market size by Vertical , 2020-2027

FIGURE 10 Share of Global Affective computing Market by Vertical , 2020 TO 2027

FIGURE 11 Global Affective computing Market size by Industry, 2020-2027

FIGURE 12 Share of Global Affective computing Market by Industry, 2020 TO 2027