AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Emotion Detection and Recognition market - Global outlook to 2026".
Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Emotion Detection and Recognition market to grow at a CAGR of 33.2% to aggregate USD32.65 Billion by 2026.

The Software Tool, such as Bio Sensing Software Tools and Apps, is boosting the Emotion Detection and Recognition market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Technology, such as Bio Sensors Technology, is boosting the Emotion Detection and Recognition market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Service, such as Storage and maintenance, is boosting the Emotion Detection and Recognition market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

According to Analyst at AMA Research, the Global Emotion Detection and Recognition market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are “Increasing demand for wearable devices including smart watch, fitness bands, smart glasses and other, Surging penetration of Internet of Things (IoT) technology and Rise in Usage of Smartphones”.
 

Emotion detection and recognition (EDR) plays an important role in computer vision and artificial intelligence (AI) for understanding and detecting emotions. It is a technique used in software that allows a program to read the emotions on a human face with the help of advanced image processing technologies and machine learning. The very market is expected to rise significantly, due to huge law enforcement investments in security & surveillance infrastructure, increased public awareness, and emergence of enhanced technologies are anticipated to boost the market in the near future

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Emotion Detection and Recognition market , by Application (Enterprises, Defense and Security Agencies, Commercial, Industrial and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key trends (current and future) of the market