The global affective computing market size reached US$ 51.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 298.7 Billion by 2028, exhibiting a growth rate (CAGR) of 34.5% during 2023-2028.
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2. Report Description
About IMARC Group
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3. Report Description
Report Description and Highlights
Global Affective Computing Market Research Report:
The latest report by IMARC, titled “Affective Computing Market: Global Industry Trends, Share, Size,
Growth, Opportunity and Forecast 2023-2028” " the global affective computing market reached a
value of US$ 51.1 Billion in 2022.
Affective computing refers to a multidisciplinary field combining psychology, and computer and
cognitive sciences, which recognizes, interprets, and simulates human emotions. It uses a range of
software and hardware components, including sensors, cameras, processors, machine intelligence, and
microphones that assist in sensing and evaluating the non-verbal communication signals of users.
Affective computing aids enterprises in understanding the reactive state of customers, selling products
effectively, monitoring employee emotional states to adjust their workload, and performing content
optimization to engage with clients. Apart from this, affective communication optimizes overall
organizational productivity; therefore, it is extensively incorporated in the autonomous and e-learning
systems in varying industries.
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market/requestsample
4. Report Description
Report Description and Highlights
Global Affective Computing Market Trends:
The widespread adoption of affective computing across various industrial verticals can be attributed to the increasing
demand for effective and improved human-computer interfaces to establish an interaction between the user and
system after detection of the emotional state. In line with this, significant technological advancements, such as the
large-scale integration of machine learning (ML), artificial intelligence (AI), and dual cameras to detect human
behavior, motion, gestures, and physiology, are acting as another growth-inducing factor. Moreover, the rising need
for telehealth applications, especially during the coronavirus disease (COVID-19) pandemic, has prompted the
extensive incorporation of affective computing solutions for monitoring patient conditions and providing treatment,
which is propelling the market growth.
Additionally, escalating fraudulent activities, such as hacking, have prompted the installation of virtual assistants and
face-recognition biometrics in affective computing systems to offer better security, which is propelling the market
growth. Other factors, such as the fueling utilization of consumer electronics and several wearable devices and the
strategic collaborations amongst key players to enhance product efficacy to offer personalized experiences to users,
are positively stimulating the market growth. On account of the aforementioned factors, the market is anticipated to
reach a value of US$ 298.7 Billion by 2028, growing at a CAGR of 34.5% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).
6. Report Description
Report Description and Highlights
Breakup by End Use:
• Automotive
• BFSI
• Government
• Healthcare
• IT and Telecom
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
7. Report Description
Report Description and Highlights
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
8. Competitive Landscape with Key Players:
• Affectiva Inc.
• Cipia Vision Ltd.
• Cognitec Systems GmbH
• Elliptic Laboratories A/S
• Google LLC (Alphabet Inc.)
• Intel Corporation
• International Business Machines Corporation
• Kairos AR Inc.
• Microsoft Corporation
• Nuance Communications Inc.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/affective-computing-
market
Report Description
Report Description and Highlights
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients