Emotion Detection & Recognition Market to Grow at Tremendous Double-Digit CAGR till 2022, Says KBV Research in Its Report Available at MarketPublisher
19 Jan 2017 • by Natalie Aster
LONDON – Nowadays, emotion detection and recognition (EDR) systems are broadly used to track emotional connect of consumers to a particular brand. However, the usage of EDR systems is expanding far beyond mere tracking to making effective brand presentation. At present, the adoption of EDR systems is rising in different verticals, for instance, gaming and research. Thus, the demand for advanced technologies to standardise emotion detection gives positive impetus to the market growth worldwide.
The world’s EDR market is anticipated to see tremendous growth at a 27.4% CAGR in the next 6 years to exceed the value USD 29.1 billion by the year 2022.
Top companies active in the global EDR market include Affectiva, Noldus Information Technology, Emotient, Sightcorp., Nviso, Realeyes, Kairos and Eyeris.
Cutting-edge research report “Global Emotion Detection & Recognition Market (2016-2022)” prepared by KBV Research presents a comprehensive guide to the world’s market for emotion detection and recognition. It provides a detailed analysis of the market performance (present and historical), characterises top trends, highlights the market dynamics and also discloses forecasts through 2022. It examines the major factors influencing the EDR market development, discusses key challenges and outlines lucrative growth opportunities and prospects. The report investigates the current scenario across the major geographies, delves into the market segmentation, touches upon competitive landscape and profiles top players.
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