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Affective Computing Market by Technology (Touch-Based and Touchless), Software (Speech Recognition, Gesture Recognition, Facial Feature Extraction, Analytics Software, & Enterprise Software), Hardware, Vertical, and Region - Forecast to 2021

Affective Computing Market by Technology (Touch-Based and Touchless), Software (Speech Recognition, Gesture Recognition, Facial Feature Extraction, Analytics Software, & Enterprise Software), Hardware, Vertical, and Region - Forecast to 2021

Frequent advancement in the field of gesture recognition, facial feature extraction, and speech analytics is expected to bring about lucrative business prospects in the affective computing domain
MarketsandMarkets expects the global affective computing market to increase from USD 12.20 billion in 2016 to USD 53.98 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 34.7%. The market is escalating rapidly, owing to rising digitization and continuous advancements in the field of cognitive science and computer science that are shaping the way for a new technology. However, the cost incurred in making affective computing systems is more and the tangible return on investment is low, thereby posing a major restraining factor for the market’s growth.

Touchless technology is expected to dominate the affective computing technology market by the end of the forecast period
The affective computing market is segregated into touch-based and touchless technologies. Touch-based technology recorded for the largest market share during the initial phase of the growth period. However, due to rising technological advancements, the touchless technology is expected to dominate the market.

Asia Pacific (APAC) is expected to grow at the highest CAGR
APAC offers prospective growth opportunities. The major factors affecting the growth in the APAC region include smart technology initiatives growing demand for wearable devices, and rising investments in security infrastructure. Moreover, the APAC countries have witnessed tremendous traction, in terms of technological innovations, including facial feature extractions, gesture recognition, and speech recognition, coupled with the growing adoption of neural analytical solutions.

In the process of determining and verifying the market size for several segments & subsegments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is as follows:
By Company type – Tier 1- 56%, Tier 2- 20%, and Tier 3- 24%
By Designation – C-Level- 72% and Manager Level- 28%
By Region – North America- 58%, Europe- 22%, and APAC- 20%
The prominent players in the affective computing ecosystem are Google Inc. (California, U.S.), IBM Corporation (New York, U.S.), Microsoft Corporation (Washington DC, U.S.), Saffron Technology (North Carolina, U.S.), Softkinteic System S.A. (Brussels, Belgium), Affectiva (Waltham, U.S.), Elliptic Labs (Oslo, Norway), Eyesight Technologies Ltd. (Israel), Pyreos Ltd. (Edinburgh, U.K.), Cognitec Systems GmbH (Germany), Beyond Verbal Communication Ltd. (Tel Aviv, Israel), Numenta (California, U.S.), GestureTek (Canada), and SightCorp (Amsterdam, the Netherlands).

Research Coverage:
The affective computing market is segmented by technology, which includes touch-based and touchless technologies. Affective computing software is further segmented into speech recognition, gesture recognition, facial feature extraction, analytics software, and enterprise software. Affective computing hardware is categorized into sensors, cameras, storage device, processors, and others (inclduing touch point/screen/display, radio/antenna, and microphone/speaker). Segmentation on the basis of verticals include academia & research, media & entertainment, government & defense, healthcare & life sciences, Information Technology (IT) & telecom, retail & e-commerce, automotive, and Banking, Financial Services, & Insurance (BFSI). The regional analysis includes the study of North America, Europe, Asia-Pacific (APAC), and the Rest of World (RoW).

Reasons to buy the report
The report will help the market leaders or new entrants in the following ways:
1. This report segments the market into various segments, covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the segments.
2. This report will help in the better understanding of the competitors and there is a separate section on competitive landscape, including mergers & acquisitions, integrations & expansions, and partnerships among market vendors.
3. The report helps in understanding the overall growth of the market, key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKETS COVERED
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table GLOBAL AFFECTIVE COMPUTING MARKET SIZE, 2014-2021 (USD MILLION)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE AFFECTIVE COMPUTING MARKET
    • AFFECTIVE COMPUTING MARKET: TOP THREE REGIONS VS. VERTICALS
    • AFFECTIVE COMPUTING MARKET ANALYSIS, BY COMPONENT
    • LIFECYCLE ANALYSIS, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET SEGMENTATION
      • BY TECHNOLOGY
      • BY SOFTWARE
      • BY HARDWARE
      • BY VERTICAL
      • BY REGION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • EMERGING TECHNOLOGY AREAS
      • E-LEARNING AND SMART EDUCATION
      • E-THERAPY
      • MARKETING AND ADVERTISING
    • AFFECTIVE COMPUTING TECHNOLOGY ENABLERS
      • WEARABLE NETWORKS AND SYSTEMS
      • HUMAN MACHINE INTERFACE
      • ROBOTIC SYSTEMS
      • SURVEILLANCE SYSTEMS
  • AFFECTIVE COMPUTING MARKET ANALYSIS, BY TECHNOLOGY
    • INTRODUCTION
      • Table AFFECTIVE COMPUTING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
    • TOUCH-BASED
      • Table TOUCH-BASED: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table TOUCH-BASED: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • TOUCHLESS
      • Table TOUCHLESS: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table TOUCHLESS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AFFECTIVE COMPUTING MARKET ANALYSIS, BY SOFTWARE
    • INTRODUCTION
      • Table AFFECTIVE COMPUTING MARKET SIZE, BY SOFTWARE, 2014-2021 (USD MILLION)
    • SPEECH RECOGNITION
      • Table SPEECH RECOGNITION: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table SPEECH RECOGNITION: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GESTURE RECOGNITION
      • Table GESTURE RECOGNITION: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table GESTURE RECOGNITION: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • FACIAL FEATURE EXTRACTION
      • Table FACIAL FEATURE EXTRACTION: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table FACIAL FEATURE EXTRACTION: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ANALYTICS SOFTWARE
      • Table ANALYTICS SOFTWARE: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table ANALYTICS SOFTWARE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • ENTERPRISE SOFTWARE
      • Table ENTERPRISE SOFTWARE: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table ENTERPRISE SOFTWARE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AFFECTIVE COMPUTING MARKET ANALYSIS, BY HARDWARE
    • INTRODUCTION
      • Table AFFECTIVE COMPUTING MARKET SIZE, BY HARDWARE, 2014-2021 (USD MILLION)
    • SENSORS
      • Table SENSORS: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table SENSORS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • CAMERAS
      • Table CAMERAS: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table CAMERAS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • STORAGE DEVICES AND PROCESSORS
      • Table STORAGE DEVICES AND PROCESSORS: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table STORAGE DEVICES AND PROCESSORS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHERS
      • Table OTHERS: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • Table OTHERS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • AFFECTIVE COMPUTING MARKET ANALYSIS, BY VERTICAL
    • INTRODUCTION
      • Table AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
    • ACADEMIA AND RESEARCH
      • USE CASES
        • Table ACADEMIA AND RESEARCH: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • USE CASES
        • Table MEDIA AND ENTERTAINMENT: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • GOVERNMENT AND DEFENSE
      • USE CASES
        • Table GOVERNMENT AND DEFENSE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • USE CASES
        • Table HEALTHCARE AND LIFE SCIENCES: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • IT AND TELECOM
      • USE CASES
        • Table IT AND TELECOM: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • RETAIL AND E-COMMERCE
      • USE CASES
        • Table RETAIL AND E-COMMERCE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • AUTOMOTIVE
      • USE CASES
        • Table AUTOMOTIVE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • USE CASES
        • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • OTHER VERTICALS
      • Table OTHERS: AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table AFFECTIVE COMPUTING MARKET SIZE, BY REGION, 2014-2021 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: AFFECTIVE COMPUTING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AFFECTIVE COMPUTING MARKET SIZE, BY SOFTWARE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AFFECTIVE COMPUTING MARKET SIZE, BY HARDWARE, 2014-2021 (USD MILLION)
      • Table NORTH AMERICA: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • UNITED STATES
      • CANADA
        • Table NORTH AMERICA: TOUCH-BASED TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table NORTH AMERICA: TOUCHLESS TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
    • EUROPE
      • Table EUROPE: AFFECTIVE COMPUTING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • Table EUROPE : AFFECTIVE COMPUTING MARKET SIZE, BY SOFTWARE, 2014-2021 (USD MILLION)
      • Table EUROPE: AFFECTIVE COMPUTING MARKET SIZE, BY HARDWARE, 2014-2021 (USD MILLION)
      • Table EUROPE : AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • REST OF EUROPE
        • Table EUROPE: TOUCH-BASED TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table EUROPE: TOUCHLESS TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
    • ASIA-PACIFIC
      • Table ASIA-PACIFIC: AFFECTIVE COMPUTING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AFFECTIVE COMPUTING MARKET SIZE, BY SOFTWARE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AFFECTIVE COMPUTING MARKET SIZE, BY HARDWARE, 2014-2021 (USD MILLION)
      • Table ASIA-PACIFIC: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • CHINA
      • JAPAN
      • AUSTRALIA
      • REST OF APAC
        • Table ASIA-PACIFIC: TOUCH-BASED TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table ASIA-PACIFIC: TOUCHLESS TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
    • REST OF THE WORLD
      • Table REST OF THE WORLD: AFFECTIVE COMPUTING MARKET SIZE, BY TECHNOLOGY, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: AFFECTIVE COMPUTING MARKET SIZE, BY SOFTWARE, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: AFFECTIVE COMPUTING MARKET SIZE, BY HARDWARE, 2014-2021 (USD MILLION)
      • Table REST OF THE WORLD: AFFECTIVE COMPUTING MARKET SIZE, BY VERTICAL, 2014-2021 (USD MILLION)
      • MIDDLE EAST AND AFRICA
      • LATIN AMERICA
        • Table REST OF THE WORLD: TOUCH-BASED TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
        • Table REST OF THE WORLD: TOUCHLESS TECHNOLOGY MARKET SIZE, BY COUNTRY, 2014-2021 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
      • Table AFFECTIVE COMPUTING ENABLING TECHNOLOGIES MAPPED TO KEY PRODUCT OFFERINGS
      • Table AFFECTIVE COMPUTING COMPONENTS MAPPED TO KEY PRODUCT OFFERINGS
      • Table AFFECTIVE COMPUTING MAPPED TO MAJOR APPLICATION AREAS
  • KEY INNOVATORS
    • GOOGLE INC.
    • MICROSOFT CORPORATION
    • IBM CORPORATION
    • APPLE, INC.
    • QUALCOMM INC.
    • SAFFRON TECHNOLOGY INC. (AN INTEL COMPANY)
    • SOFTKINETIC SYSTEM S.A. (A SONY GROUP COMPANY)
    • AFFECTIVA
    • ELLIPTIC LABS
    • EYESIGHT TECHNOLOGIES, LTD.
    • PYREOS LIMITED
    • COGNITEC SYSTEMS GMBH
    • BEYOND VERBAL COMMUNICATION LTD.
    • NUMENTA
    • GESTURETEK
    • SIGHTCORP
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • RELATED REPORTS
    • AUTHOR DETAILS

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