Emotion Detection and Recognition Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Emotion Detection and Recognition Technology Market is segmented by Software and Services (Software (Facial Recognition, Speech and Voice Recognition, and Bio-sensing), Services), by End-user Vertical (Government, Healthcare, Retail, Entertainment, Transportation), by Geography (North America, Europe, Asia Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value in USD billion for all the above segments.

Emotion Detection and Recognition Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Emotion Detection and Recognition (EDR) Industry Overview

The emotion detection and recognition market is semi-consolidated owing to the presence of multiple vendors in the market. Moreover, market entry for new entrants remains challenging due to higher investment and demand for skilled technicians. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • January 2023 - nViso SA (NVISO), one of the leading Human Behavioural Analytics AI businesses, announced that its Neuro SDK would be presented at the Socionext display at CES2023. NVISO has expanded the spectrum of Human Behavioural AI Apps that it supports on the BrainChip Akida event-based, fully digital neuromorphic processing platform by transferring new AI Apps from its portfolio. These features include Action Units, Body Pose, and Gesture Recognition, in addition to the previously announced Headpose, Facial Landmark, Gaze, and Emotion AI Apps with the release of the Evaluation Kit (EVK) version.

Emotion Detection and Recognition (EDR) Market Leaders

  1. Affectiva Inc. (Smart Eye)

  2. Emotibot Technologies Limited

  3. iMotions

  4. Noldus

  5. Sightcorp.

  6. *Disclaimer: Major Players sorted in no particular order
Emotion Detection And Recognition (EDR) Market Concentration

Emotion Detection and Recognition Market Report Snapshots

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