Press Release

Affective Computing Market to Grow at CAGR 27% till 2022

Growing adoption of affective computing technology in sectors such as market research, healthcare, media & advertising, automotive, e-learning, gaming, etc., to drive global affective computing market through 2022  

According to TechSci Research report, Global Affective Computing Market By Technology, By Solution, By End User, Competition Forecast & Opportunities, 2012 – 2022”, global affective computing market is projected to grow at a CAGR of 27.47%, in value terms, during 2017-2022. Growing use of smart wearable devices and increasing deployment of affective computing solutions by most of the Fortune 500 companies for studying and analyzing their target audience coupled with rising number of start-ups is expected to drive global affective computing market during forecast period. Moreover, increasing role of social robots, which are integrated with affective computing solutions, in healthcare and other industries is anticipated to boost demand for affective computing, globally, through 2022. 

Browse 97 Tables and 80 Figures spread through 235 Pages and an in-depth TOC on  "Global Affective Computing Market"

On the basis of solutions, the global affective computing market has been segmented into facial expression recognition, physiological recognition, speech recognition, and gesture recognition. In 2016, facial expression recognition solutions dominated the market, on account of their ability to map the user expressions and analyze them in real time. However, over the coming years, physiological recognition solutions are expected to emerge as the fastest growing type of affective computing solutions, owing to increase in the number of smart wearable users coupled with the use of these solutions in the healthcare and entertainment industries.  

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“Affective computing is the strongest tool for studying consumer behavior and predicting consumer needs. It helps to understand, map and analyze consumers’ behavior to find out their true feelings about the product/service and consequently, it becomes easier to predict what the consumer wants. Not in just market research, affective computing has applications in healthcare, media & advertising, online education, etc., thereby creating huge growth opportunities for global affective computing market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Affective Computing Market By Technology, By Solution, By End User, Competition Forecast & Opportunities, 2012 – 2022has evaluated the future growth potential of global affective computing market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global affective computing market.


About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.


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