Global Emotion Analytics Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Emotion Analytics Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Emotion Analytics Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Emotion Analytics Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Emotion Analytics is a concept on how people communicate with each other verbally or non-verbally in order to understand person’s mood or attitude. This concept mainly focuses on establishing and analyzing the human emotions such as feelings, mind-set, and emotional personality.
The major driving factors of Emotion Analytics Market is growing number of videos, vital decision making, and understanding human behavior. Internet of Things (IoT) helps the organizations to recognize human feelings. The use of mobile and cloud-based biometrics technologies are also responsible for the growth of the market. Many companies are interested in studying the customer’s facial expressions and their feelings. Therefore, facial analytics is increasing the market growth rate.
Key Question Answered:
What will be the market size in 2025 and at what rate it will grow?
Who are the major key players in global emotion analytics market and what are their strategies?
Which vertical industry is expected to show major growth?
What segment and region will lead the market and why?
The major companies profiled in the report include: Microsoft, IBM, Retinad Virtual Reality, Neuromore, Imotions A/S, Kairos, Beyond Verbal, Affectiva, Eyeris (EmoVu), others.
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