Affective Computing Market Size Worth $ 95.4 Billion By 2026

By: Whipsmart MI
 
 
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Affective Computing

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Research

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Mississauga - Ontario - Canada

MISSISSAUGA, Ontario - April 30, 2020 - PRLog -- The global Affective Computing Market size is expected to reach USD 95.4 billion by 2026 according to a new study by WhipSmart Market Research. The report "Affective Computing Market by Technology (Touch-Based and Touchless), Software (Speech Recognition, Gesture Recognition, Facial Feature Extraction, Analytics Software, & Enterprise Software), Hardware (Sensors, Cameras, Storage Devices and Processors and Others), by industry vertical (Academia and Research, Media and Entertainment, Government and Defense, Healthcare and Life Sciences, IT and Telecom, Retail and eCommerce, Automotive, BFSI and Others);  By Regions, Segments & Forecast, 2019 - 2026" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Affective computing is a combine study of cognitive science, human-like capabilities of observation and generation of affect features which provides suitable response to get a favorable outcome.

Affective computing is often explained because the study and development of devices and systems which will recognize, interpret, process, and simulate human affects and emotions. It's a large field which spans across psychology, computing, and science. This field of science may be a human-computer interaction during which a tool gains the power to detect and accordingly response its user's stimuli and other emotions.

The demand for affective computing is predicted to extend in coming years because of increasing adoption of wearable devices and internet. Further, there's a healthy need for businesses to know the necessity of their customer behavior which is predicted to drive the affective computing market. Many businesses are collaborating with affective computing providers to spice up research and development activities during this area. However, business has got to analyze the impact of deploying these systems before inducting within the affective computing market. This will State a challenge for affective computing providers because the application of affective computing differs from business to business and also depends on the goods or service.

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Tags:Affective Computing
Industry:Research
Location:Mississauga - Ontario - Canada
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