North America Affective Computing Market Forecast 2017-2025

North America Affective Computing Market Forecast 2017-2025

  • September 2017 •
  • 91 pages •
  • Report ID: 5094297
KEY FINDINGS
The North America Affective Computing market generated a revenue of $3418 million in 2016. The market is now poised to rise at a CAGR of 28.83%, generating $33422 million by the end of the forecast period of 2017-2025.

MARKET INSIGHTS
Factors like growing focus of R&D on developing software technologies, a rising demand for affective computing applications in various sectors and the increasing applications for the tech savvy are primarily responsible for driving the market growth. The affective computing market is primarily segmented on the basis of applications (internet banking, hands-free computing,social interfaces,virtual sales assistant, etc.), hardware ( sensor, camera, storage), software (speech recognition, gesture recognition, facial expression recognition,etc.), technologies (emotional speech, body volume pulse, visual aesthetics, galvanic skin response, facial affect detection etc) and industrial sectors (security, psychiatry, robotics, medical, dialog/automatic call center, etc). The privacy apprehensions and the possible risks related to the security and the misuse of the data are some of the factors that might possibly restrain the market growth.

COMPETITIVE INSIGHTS
Some of the prominent players in this market include Apple Inc, Texas Advanced Computing Centre (Tacc), Microsoft Corporation, Eyesight Technologies, Intel Corporation, GestSure Technologies, Cognitec Systems, IBM Corporation, and Affectiva.
Country=NorthAmerica Date=201709 Topic=MarketSize Publisher=InkwoodResearch Price=2000