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Affective Computing market worldwide is projected to grow by US$110.6 Billion

Affective Computing market worldwide is projected to grow by US$110.6 Billion, driven by a compounded growth of 30.4%. Software, one of the segments analyzed and sized in this study, displays the potential to grow at over 33.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$61.5 Billion by the year 2025, Software will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 26.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$4.7 Billion to the region’s size and clout in the next 5 to 6 years. Over US$8.9 Billion worth of projected demand in the region will come from Rest of Europe markets. In Japan, Software will reach a market size of US$2.7 Billion by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 40.4% over the next couple of years and add approximately US$22.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

TABLE OF CONTENTS

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS 1

II. EXECUTIVE SUMMARY 12

1. MARKET OVERVIEW 12

  • Affective Computing: Entering an Era of Emotional Devices 12
  • Widening the Application Scope 12
  • Spectacular Rise on the Cards for Affective Computing Market 13
  • Review of Market Challenges 14
  • Opinion Mining: A Significant Challenge in Affective Computing 14
  • Global Competitor Market Shares 15
  • Affective Computing Competitor Market Share Scenario Worldwide (in %): 2019 15

2. FOCUS ON SELECT PLAYERS 16

3. MARKET TRENDS & DRIVERS 20

  • Focus Grows on Advanced Computational Devices with High Emotional Quotient 20
  • Machine Learning, Leveraging the Ability to Power Deep Learning Strategies, Likely to Augment Affective Computing Landscape 20
  • ‘Emotional’ Technology to Find Broader Adoption in Business Arena 21
  • Digital Marketing: A High-Growth Area 21
  • Growing Focus on Neuromarketing, the Marketing Approach Powered by Neuroscience, to Widen Prospects for Affective Computing 22
  • Affective Computing in E-Commerce – A Long Way to Go 22
  • Global Retail e-commerce Sales (in US$ Billion): 2016 -2025 23
  • Media & Entertainment Industry Seeks to Leverage Affective Computing in Building Unique Promotion Strategies 24
  • Market Senses Significant Opportunities Coming in its way in Automotive Industry 24
  • Novel Tools Come to Fore in the Automotive Affective Computing Domain 25
  • Affectiva Rolls Out Affectiva Automotive AI, the Multi-Modal In-Cabin AI Sensing Solution 25
  • Kia and MIT Media Lab to Develop Real-time Emotion Adaptive Driving (READ) Tool for Automotive Use 26
  • Role of ‘Emotion AI Systems’ on Personal Devices Transformation 26
  • Mobile Affective Computing – An Evolving Area of Research 26
  • Growing Market for Wearables Bodes Well for Affective Computing Market: Global Wearables Shipments (in Billion Units): 2016-2025 28
  • Proliferation of Smartphones Buoys Development of Affective Computing Technologies 28
  • Rise in Smartphone Ownership Offers New Avenues for Growth: Number of Smartphone Users Worldwide (in Billion): 2016-2021 29
  • Smartphone Adoption Worldwide by Region (in%): 2018 & 2025 30
  • Advances in Affective Computing Technologies Vital to Seamless Human-Robot Interactions 31
  • Affective Computing Emerges as an Important Tool for e-Learning 31
  • Global e-Learning Market (in US$ Billion): 2016-2025 33
  • Affective Computing Buoys Application of AI in Transforming the Healthcare Landscape 34

4. GLOBAL MARKET PERSPECTIVE 35

  • TABLE 1: Affective Computing Global Market Estimates and Forecasts in US$ Million by Region/Country: 2018-2025 35
  • TABLE 2: Affective Computing Market Share Shift across Key Geographies Worldwide: 2019 VS 2025 36
  • TABLE 3: Software (Component) World Market by Region/Country in US$ Million: 2018 to 2025 37
  • TABLE 4: Software (Component) Market Share Breakdown of Worldwide Sales by Region/Country: 2019 VS 2025 38
  • TABLE 5: Hardware (Component) Potential Growth Markets Worldwide in US$ Million: 2018 to 2025 39
  • TABLE 6: Hardware (Component) Market Sales Breakdown by Region/Country in Percentage: 2019 VS 2025 40
  • TABLE 7: Market Research (End-Use) Global Market Estimates & Forecasts in US$ Million by Region/Country: 2018-2025 41
  • TABLE 8: Market Research (End-Use) Market Share Breakdown by Region/Country: 2019 VS 2025 42
  • TABLE 9: Media & Advertising (End-Use) Demand Potential Worldwide in US$ Million by Region/Country: 2018-2025 43
  • TABLE 10: Media & Advertising (End-Use) Share Breakdown Review by Region/Country: 2019 VS 2025 44
  • TABLE 11: Healthcare & Lifesciences (End-Use) Worldwide Latent Demand Forecasts in US$ Million by Region/Country: 2018-2025 45
  • TABLE 12: Healthcare & Lifesciences (End-Use) Distribution of Global Sales by Region/Country: 2019 VS 2025 46
  • TABLE 13: Automotive (End-Use) Sales Estimates and Forecasts in US$ Million by Region/Country for the Years 2018 through 2025 47
  • TABLE 14: Automotive (End-Use) Global Market Share Distribution by Region/Country for 2019 and 2025 48
  • TABLE 15: Other End-Uses (End-Use) Global Opportunity Assessment in US$ Million by Region/Country: 2018-2025 49
  • TABLE 16: Other End-Uses (End-Use) Percentage Share Breakdown of Global Sales by Region/Country: 2019 VS 2025 50

III. MARKET ANALYSIS 51

  • GEOGRAPHIC MARKET ANALYSIS 51
  • UNITED STATES 51
  • Market Facts & Figures 51
  • TABLE 17: United States Affective Computing Market Estimates and Projections in US$ Million by Component: 2018 to 2025 51
  • TABLE 18: United States Affective Computing Market Share Breakdown by Component: 2019 VS 2025 52
  • TABLE 19: United States Affective Computing Latent Demand Forecasts in US$ Million by End-Use: 2018 to 2025 53
  • TABLE 20: Affective Computing Market Share Breakdown in the United States by
  • End-Use: 2019 VS 2025 54
  • CANADA 55
  • TABLE 21: Canadian Affective Computing Market Estimates and Forecasts in US$ Million by Component: 2018 to 2025 55
  • TABLE 22: Affective Computing Market in Canada: Percentage Share Breakdown of Sales by Component for 2019 and 2025 56
  • TABLE 23: Canadian Affective Computing Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025 57
  • TABLE 24: Canadian Affective Computing Market Share Analysis by End-Use:
  • 2019 VS 2025 58
  • JAPAN 59
  • TABLE 25: Japanese Market for Affective Computing: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2018-2025 59
  • TABLE 26: Japanese Affective Computing Market Share Analysis by Component:
  • 2019 VS 2025 60
  • TABLE 27: Japanese Demand Estimates and Forecasts for Affective Computing
  • in US$ Million by End-Use: 2018 to 2025 61
  • TABLE 28: Affective Computing Market Share Shift in Japan by End-Use:
  • 2019 VS 2025 62
  • CHINA 63
  • TABLE 29: Chinese Affective Computing Market Growth Prospects in US$ Million by Component for the Period 2018-2025 63
  • TABLE 30: Chinese Affective Computing Market by Component: Percentage Breakdown of Sales for 2019 and 2025 64
  • TABLE 31: Chinese Demand for Affective Computing in US$ Million by End-Use: 2018 to 2025 65
  • TABLE 32: Chinese Affective Computing Market Share Breakdown by End-Use: 2019 VS 2025 66
  • EUROPE 67
  • TABLE 33: European Affective Computing Market Demand Scenario in US$ Million by Region/Country: 2018-2025 67
  • TABLE 34: European Affective Computing Market Share Shift by Region/Country: 2019 VS 2025 68
  • TABLE 35: European Affective Computing Market Estimates and Forecasts in US$ Million by Component: 2018-2025 69
  • TABLE 36: European Affective Computing Market Share Breakdown by Component: 2019 VS 2025 70
  • TABLE 37: European Affective Computing Addressable Market Opportunity in US$ Million by End-Use: 2018-2025 71
  • TABLE 38: European Affective Computing Market Share Analysis by End-Use: 2019 VS 2025 72
  • FRANCE 73
  • TABLE 39: Affective Computing Market in France by Component: Estimates and Projections in US$ Million for the Period 2018-2025 73
  • TABLE 40: French Affective Computing Market Share Analysis by Component: 2019 VS 2025 74
  • TABLE 41: Affective Computing Quantitative Demand Analysis in France in US$ Million by End-Use: 2018-2025 75
  • TABLE 42: French Affective Computing Market Share Analysis: A 7-Year Perspective by End-Use for 2019 and 2025 76
  • GERMANY 77
  • TABLE 43: Affective Computing Market in Germany: Recent Past, Current and Future Analysis in US$ Million by Component for the Period 2018-2025 77
  • TABLE 44: German Affective Computing Market Share Breakdown by Component: 2019 VS 2025 78
  • TABLE 45: Affective Computing Market in Germany: Annual Sales Estimates and Forecasts in US$ Million by End-Use for the Period 2018-2025 79
  • TABLE 46: Affective Computing Market Share Distribution in Germany by End-Use: 2019 VS 2025 80
  • ITALY 81
  • TABLE 47: Italian Affective Computing Market Growth Prospects in US$ Million by Component for the Period 2018-2025 81
  • TABLE 48: Italian Affective Computing Market by Component: Percentage Breakdown of Sales for 2019 and 2025 82
  • TABLE 49: Italian Demand for Affective Computing in US$ Million by End-Use: 2018 to 2025 83
  • TABLE 50: Italian Affective Computing Market Share Breakdown by End-Use: 2019 VS 2025 84
  • UNITED KINGDOM 85
  • TABLE 51: United Kingdom Market for Affective Computing: Annual Sales Estimates and Projections in US$ Million by Component for the Period 2018-2025 85
  • TABLE 52: United Kingdom Affective Computing Market Share Analysis by Component: 2019 VS 2025 86
  • TABLE 53: United Kingdom Demand Estimates and Forecasts for Affective Computing in US$ Million by End-Use: 2018 to 2025 87
  • TABLE 54: Affective Computing Market Share Shift in the United Kingdom by End-Use: 2019 VS 2025 88
  • REST OF EUROPE 89
  • TABLE 55: Rest of Europe Affective Computing Market Estimates and Forecasts in US$ Million by Component: 2018-2025 89
  • TABLE 56: Rest of Europe Affective Computing Market Share Breakdown by Component: 2019 VS 2025 90
  • TABLE 57: Rest of Europe Affective Computing Addressable Market Opportunity in US$ Million by End-Use: 2018-2025 91
  • TABLE 58: Rest of Europe Affective Computing Market Share Analysis by End-Use: 2019 VS 2025 92
  • ASIA-PACIFIC 93
  • TABLE 59: Affective Computing Market in Asia-Pacific by Component: Estimates and Projections in US$ Million for the Period 2018-2025 93
  • TABLE 60: Asia-Pacific Affective Computing Market Share Analysis by Component: 2019 VS 2025 94
  • TABLE 61: Affective Computing Quantitative Demand Analysis in Asia-Pacific in US$ Million by End-Use: 2018-2025 95
  • TABLE 62: Asia-Pacific Affective Computing Market Share Analysis: A 7-Year Perspective by End-Use for 2019 and 2025 96
  • REST OF WORLD 97
  • TABLE 63: Rest of World Affective Computing Market Estimates and Forecasts in US$ Million by Component: 2018 to 2025 97
  • TABLE 64: Affective Computing Market in Rest of World: Percentage Share Breakdown of Sales by Component for 2019 and 2025 98
  • TABLE 65: Rest of World Affective Computing Market Quantitative Demand Analysis in US$ Million by End-Use: 2018 to 2025 99
  • TABLE 66: Rest of World Affective Computing Market Share Analysis by End-Use: 2019 VS 2025 100

IV. COMPETITION 101

1. ADMOBILIZE LLC 101

2. AFFECTIVA 101

3. AFFECTIVE COMPUTING LLC 103

4. AUDEERING GMBH 104

5. APPLE, INC. 106

6. BEHAVIORAL SIGNAL TECHNOLOGIES, INC. 117

7. BEYOND VERBAL 119

8. CLAY AIR INC. 120

9. COGITO CORPORATION 121

10. COGNITEC SYSTEMS GMBH 122

11. CROWD EMOTION LTD. 126

12. DEEPEYES GMBH 127

13. DREAM FACE TECHNOLOGIES 129

14. ELLIPTIC LABORATORIES A/S 130

15. EMOSHAPE INC. 136

16. EMOTIBOT TECHNOLOGIES LIMITED 139

17. EMOTION RESEARCH LAB 142

18. EMPATH INC. 142

19. EMPATICA INC. 144

20. ENTROPIK TECHNOLOGIES PVT. LTD. 145

21. EYERIS 146

22. EYESIGHT TECHNOLOGIES LTD. 150

23. FACE++ 155

24. GESTIGON GMBH 157

25. GESTURETEK 158

26. GOOD VIBRATIONS COMPANY B.V. 166

27. GOOGLE LLC 168

28. HUMANZYME 173

29. IBM CORPORATION 175

30. IFLEXION 204

31. IMOTIONS A/S 209

32. INTEL CORPORATION 212

33. KAIROS AR, INC. 227

34. LOGIC PURSUITS, LLC (CAPTEMO(tm)) 229

35. MICROSOFT CORPORATION 230

36. MIT MEDIA LAB – AFFECTIVE COMPUTING GROUP 248

37. NEMESYSCO LTD. 249

38. NOLDUS INFORMATION TECHNOLOGY BV 250

39. NURALOGIX CORPORATION 254

40. NUMENTA, INC. 256

41. NVISO SA 258

42. OPSIS PTE. LTD. 260

43. POINTGRAB INC. 261

44. QUALCOMM, INC. 263

45. REALEYES OU 286

46. RECEPTIVITI INC. 287

47. SENSEON TECH LTD. 289

48. SENSUM CO. 292

49. SENTIO SOLUTIONS (FEEL WRISTBAND) 294

50. SIGHTCORP BV 295

51. SONY DEPTHSENSING SOLUTIONS SA/NV 297

52. TAWNY GMBH 298

53. TOBII AB 299

54. UAB SKYBIOMETRY 301

55. VICON MOTION SYSTEMS LIMITED 304

56. VOKATURI B.V. 308

57. WRNCH 309

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