Emotion Recognition is the process of identifying human emotions, usually with facial expressions as well as verbal expressions. It is something that man does by himself but computational functioning has also been developed. Emotion recognition is a technology that provides advanced image processing capabilities and allows the program to “read” emotions such as anger, sadness, fear, joy, disgust, surprise, and confidence in a human face. Various players have been experimenting with sophisticated algorithms and image processing techniques that have appeared in the last decade. It has been implemented to better understand people’s emotions through face images or video.
Some of the major players operating in the Global Emotion Recognition Market are ENTROPIK TECHNOLOGIES PVT.LTD, Ever Co., Eyeris, Human, iMotions, LIGHTWAVE INC., NEURODATA LAB, Noldus Information Technology, Affectiva, Beyond Verbal, Crowd Emotion Limited, Emotibot Technologies Limited, NVISO SA, Q3 technologies, Inc., Realeyes OÜ, Sightcorp, and Ultimate Software amongst others.
According to the emerging trends-technological advances are going naturally fast in this era, especially with the information and communication technology industry. With the introduction of Internet of Things The rapid growth of technology, the increasing popularity of wearable technology, and the spread of smartphones around the world are driving the global emotional awareness and detection market. However, the high cost of applications, diverse functional requirements, misunderstandings of emotional analysis limit the growth of emotional awareness and detection market. The adoption of cloud-based technologies also provides a major opportunity for market expansion. These platforms are matured as new and existing technologies and are developing results in new forms of new opportunities. The emergence and penetration of these technologies within the professional ecosystem has enabled organizations to capitalize on the various benefits provided by the same. With high economies of scale, improvement in operations, and new heights of manpower efficiency, adopting the latest ICT solutions has helped in making better decisions with a firm statistical backing.
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Emotion Recognition Market Segmentation:
Market – By Offerings
Market – By Application
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Market – By Technology
- Facial Emotion Recognition
- Posture/Gesture Recognition
- Voice Recognition
Market – By Organization Size
- Machine Learning
- Natural Language Processing
- Pattern Recognition Network
Market – By Industry Vertical
- Small and Medium Sized Enterprises
- Large Enterprises
Market – By Region
- Consumer Goods
- Military and Defense
- Media and Entertainment
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