Emotion Detection and Recognition Market by Technology (Bio-Sensors, NLP, Machine Learning, and Others), Software Tools (Facial Expression, Voice Recognition and Others), Services, Application Areas, End Users,and Regions - Global forecast to 2020


Emotion Detection and Recognition market to reach USD 22.65 billion by 2020 This study has been done on a global level broadly covering four regions, namely, North America, Europe, APAC, Middle East and RoW, and the market is projected to grow from USD 5.66 billion in 2015 to USD 22.65 billion by 2020, at a CAGR of 31.9% during the period. The market is being driven by factors such as increased focus on affective computing, business intelligence, and growing amount of spatial data as well as prompt availability of analytical tools. "Law Enforcement, Surveillance, and Monitoring areas are projected to showcase robust growth in the emotion detection and recognition market" The defense and security agencies require emotion detection technology for surveillance and monitoring purposes. Major implementation of this technology has already been done in the areas of military services such as lie detectors and polygraph tests. The emotion detection technology helps in matching the records in real-time and detecting the stress levels of a criminal.