Bharat Book Bureau Provides the Trending Market Research Report on “Global Affective Computing Market - By Software (Facial Expression Recognition, Physiological Recognition, Speech Recognition and Gesture Recognition); By Hardware (Sensors, Cameras and Storage Devices & Processors); By Technology (Touch-based and Touchless); By End-users (Retail, Media & Entertainment, BFSI, Government & Defense, Healthcare & Life Sciences, IT & Telecom and Automotive); and Region - Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030” under Media & Technology Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.

Market Overview
Global Affective Computing Market is anticipated to exceed USD 136,457 million by 2030 from USD 26,382 million in 2019 at a CAGR of 35.13% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of rising technological innovations around the globe. The rising implementation of wearable devices together with rising internet infiltration is expected to influence the need for the affective computing market. Moreover, the vigorous demand for businesses to understand customer conduct is another major aspect pushing the affective computing market growth.

Global Affective Computing Market: Segments

The Cameras segment to grow with the fastest CAGR of XX% during 2020-2030

Global affective computing market is segmented by Hardware into Sensors, Cameras, and Storage Devices & Processors. Among these, the cameras segment is estimated to hold the largest market share of XX% in 2019. Cameras are used extensively to facilitate affective computing solutions, majorly in the areas of security and surveillance that have explicit applications across end-use industries. The fastest-growing application segments of the camera that assist as a support for the affective computing market are commercial facilities, public spaces, and government institutions. There is an increment in the need for cameras-enabled affective computing solutions for several security and surveillance applications, such as protection from terrorist attacks, and in the household security industry, smart buildings, and outdoor security industry.

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Global Affective Computing Market: Market Dynamics

Driver: Rising technological innovations Round the Globe

With the evolution of Industry 4.0, technological innovations, such as unhindered computing, enhanced human-computer boundaries, and cutting-edge networking technologies are expected to improve the performance of the affective computing system. Affective computing is anticipated to have substantial consequences on the future of any organization, with a prevalent impression on their ergonomics, human aspects, project handling, and organizational changes.

Restraint: Huge Production Cost of Affective Computing Systems

The cost sustained in producing affective computing systems is high, and the concrete return on investment is low. This aspect turns out to be a primary obstacle to the development of the affective computing market, since most of the influencing technologies such as wearable computing and signal recognition sustain significant development costs.

Global Affective Computing Market: Regions

North America to surge at the highest CAGR of XX% during 2020-2030

Region-wise, the market for affective computing across the globe is segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. Among these, North America is witnessed to constitute XX% of the total market share in the year 2019. North America has the existence of various projecting market players offering innovative solutions to all the industry end-users in the regions. Apart from this aspect, the geographical incidence, planned spending, partnerships, and substantial R&D activities are adding to the heavy installations of affective solutions.

Global Affective Computing Market: Key Players
• Google

Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
• Point Grab
• IBM
• Crowd Emotion
• Microsoft
• Sight Corp
• Apple
• Beyond Verbal
• Elliptic Labs
• Cognitive Systems

The market report on global affective computing also contains the following in-depth analysis:
• Affective Computing Market Segments:

By Software
Facial Expression Recognition
Physiological Recognition
Speech Recognition
Gesture Recognition

By Hardware
Sensors
Cameras
Storage Devices & Processors

By Technology
Touch-based
Touchless

By End-users
Retail
Media & Entertainment
BFSI
Government & Defense

Healthcare & Life Sciences
IT & Telecom
Automotive

By Region
North America
Latin America
Europe
Middle East & Africa
Asia Pacific

• Affective Computing Market Dynamics
• Affective Computing Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

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