Market for Emotion Recognition Projected to Grow as Some Question Science aitrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aitrends.com Daily Mail and Mail on Sunday newspapers.
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In the post-COVID-19 scenario, the global emotion detection and recognition market size is projected to grow from USD 19.5 billion in 2020 to USD 37.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 11.3% during the forecast period.
The major factors driving the market growth include the rising need for accretion of speech-based emotion detection systems to analyze emotional states, Adoption of IoT, AI, ML, and deep learning technologies across the globe, growing demand in the Automotive AI industry, growing need for high operational excellence, and rising need for socially intelligent artificial agents.
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New York, April 02, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Emotion Detection and Recognition Market by Component, Technology, Application Area, End User, Vertical, Region - Global Forecast to 2026 - https://www.reportlinker.com/p04458257/?utm source=GNW
3% during the forecast period. The major factors driving the market growth include the rising need for accretion of speech-based emotion detection systems to analyze emotional states, Adoption of IoT, AI, ML, and deep learning technologies across the globe, growing demand in the Automotive AI industry, growing need for high operational excellence, and rising need for socially intelligent artificial agents.