Various factors are propelling the global emotion analytics market share. According to the recent MRFR market estimates, such factors include the growing need for better customer satisfaction, the growing importance of real-time emotion analytics, growing need for emotion analytics services and software, adherence to compliance and regulatory standards, booming BPO sector, rise in videos, and critical decision making. Additional factors adding market growth include rising implementation in organizations to understand human behavior and huge implementation of cloud-based and mobile biometric technologies.
On the contrary, the high cost of use and deployment of emotion analytics, lack of skilled professionals, and the COVID-19 impact are factors that may limit the Covid 19 emotional analytics software market growth over the forecast period.
Key Players
Key contenders profiled in the global emotion analytics market report include Lightspeed LLC (U.S.), RealComm Global LLC (U.S), iMotions (U.S), sensation.io (Germany), Adoreboard (U.K.), Eyris (EmoVu) (U.S.), Affectiva (U.S.), Beyond Verbal (Israel), Kairos AR, Inc. (U.S.), Imotions A/S (Denmark), Neuromore Inc. (U.S.), Retinad Virtual Reality Inc. (Canada), Apple, Inc. (U.S,), International Business Machines Corporation (U.S.),and Microsoft Corporation (U.S.), among others.
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Market Segmentation
The MRFR report highlights an inclusive segmental analysis of the global emotion analytics market based on end users, solution, technologies, and type.
By type, the global emotion analytics market is segmented into video analytics, speech analytics, facial analytics, and others.
By technologies, the global emotion analytics market is segmented into record management, pattern recognition, 3D modelling, biometrics and neuroscience, artificial intelligence, and others.
By solution, the global emotion analytics market is segmented into cloud, mobile, and web application, and others.
By end users, the global emotion analytics market is segmented into industrial, commercial, defense and security agencies, enterprises, and others.
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