At 37.4% CAGR, Affective Computing Statistics 2020 | Size, Share, Trends | Industry Report, 2025

Affective Computing Market Size

The Affective Computing Market is valued at USD 20.8 Billion in 2019

Affective Computing Industry  CAGR of 37.4% over the forecast period 

This report offers an extensive analysis of the affective computing market as well as current & future market trends

What is Affective Computing?

Affective computing develops computational systems that recognize, response, and express emotions, which reduces the distance between human emotions and machines.  The global Affective Computing is being highly demanded due to the coronavirus pandemic as employees are asked to work from home and organizations are temporary shutdown. The governments and regulatory authorities mandate both public and private organizations to embrace new practices for working remotely and maintaining social distancing. So The computer scientists and major players are focusing and putting more efforts on affective computing in order to develop a highly intelligent computing system, which enriches the proactive and intelligent human machine interaction. The growing need for telehealth-related affective computing solutions, rising need for socially intelligent artificial agents, increasing adoption of wearable devices and growing internet penetration across industry verticals, technological advancements across the globe and growing need for high operational excellence, increased resource utilization, and enhanced productivity encourages the growth of Affective Computing Market. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market.  For instance: on 18th June 2019, Microsoft launched four free a??Eyes Firsta?? games for people with speech and mobility disabilities. These game has Windows 10 eye tracking APIs and can be used with or without Windows 10 Eye Control and can play games, such as tile slide, match two, double up, and maze using the eye gaze input. However, high production cost of affective computing systems and gap between academic research and real-life applications the growth of global Affective Computing market during the forecast period.

Affective Computing Companies

Major market player included in this report are:
Google
Microsoft
IBM
Apple
Qualcomm
Affectiva
Elliptic Labs
Eyesight Technologies
Sony Depthsensing Solutions
Intel

Key Market Segments:

By Component:
Software
Hardware

Technology:
Touch-based
Touchless

By Software:
Speech Recognition
Gesture Recognition
Facial Feature Extraction
Analytics Software
Enterprise Software

By Hardware:
Sensors
Cameras
Storage Devices and Processors
Others

By Vertical:
Academia and Research
Media and Entertainment
Government and Defense
Healthcare and Life Sciences
IT and Telecom
Retail and eCommerce
Automotive
BFSI
Others

By Region:
North America, U.S., Canada, Europe, UK, Germany, France, Spain, Italy, ROE, Asia Pacific, China, India, Japan, Australia, South Korea, RoAPAC, Latin America, Brazil, Mexico, Rest of the World

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