Global Affective Computing Market to Reach US$273.5 Billion by the Year 2027
Abstract: Global Affective Computing Market to Reach US$273. 5 Billion by the Year 2027. Amid the COVID-19 crisis, the global market for Affective Computing estimated at US$39 Billion in the year 2020, is projected to reach a revised size of US$273.
New York, Aug. 10, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Affective Computing Industry" - https://www.reportlinker.com/p05797799/?utm_source=GNW
5 Billion by 2027, growing at a CAGR of 32.1% over the period 2020-2027.Software, one of the segments analyzed in the report, is projected to grow at a 33.4% CAGR to reach US$118.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hardware segment is readjusted to a revised 31.1% CAGR for the next 7-year period. This segment currently accounts for a 59.7% share of the global Affective Computing market.
The U.S. Accounts for Over 30.1% of Global Market Size in 2020, While China is Forecast to Grow at a 31% CAGR for the Period of 2020-2027
The Affective Computing market in the U.S. is estimated at US$11.7 Billion in the year 2020. The country currently accounts for a 30.09% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$46.3 Billion in the year 2027 trailing a CAGR of 31% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 28.8% and 27.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 22.5% CAGR while Rest of European market (as defined in the study) will reach US$46.3 Billion by the year 2027.
Select Competitors (Total 57 Featured)
Affectiva Inc.;Apple Inc.;Cognitec Systems GmbH
Cogito Corporation
Elliptic Laboratories AS
Eyesight Technologies Ltd.
gestigon GmbH
IBM
Intel Corporation
Microsoft Corporation
NVISO SA
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Affective Computing: Entering an Era of Emotional Devices
Widening the Application Scope
Spectacular Rise on the Cards for Affective Computing Market
Review of Market Challenges
Opinion Mining: A Significant Challenge in Affective Computing
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Focus Grows on Advanced Computational Devices with High
Emotional Quotient
Machine Learning, Leveraging the Ability to Power Deep Learning
Strategies, Likely to Augment Affective Computing Landscape
’Emotional? Technology to Find Broader Adoption in Business Arena
Digital Marketing: A High-Growth Area
Growing Focus on Neuromarketing, the Marketing Approach Powered
by Neuroscience, to Widen Prospects for Affective Computing
Affective Computing in E-Commerce - A Long Way to Go
EXHIBIT 1: Global Retail e-commerce Sales (in US$ Billion):
2016 -2025
Media & Entertainment Industry Seeks to Leverage Affective
Computing in Building Unique Promotion Strategies
Market Senses Significant Opportunities Coming in its way in
Automotive Industry
Novel Tools Come to Fore in the Automotive Affective Computing
Domain
Affectiva Rolls Out Affectiva Automotive AI, the Multi-Modal
In-Cabin AI Sensing Solution
Kia and MIT Media Lab to Develop Real-time Emotion Adaptive
Driving (READ) Tool for Automotive Use
Role of ?Emotion AI Systems? on Personal Devices Transformation
Mobile Affective Computing - An Evolving Area of Research
EXHIBIT 2: Growing Market for Wearables Bodes Well for
Affective Computing Market: Global Wearables Shipments
(in Billion Units): 2016-2025
Proliferation of Smartphones Buoys Development of Affective
Computing Technologies
EXHIBIT 3: Rise in Smartphone Ownership Offers New Avenues for
Growth: Number of Smartphone Users Worldwide (in Billion):
2016-2021
EXHIBIT 4: Smartphone Adoption Worldwide by Region (in%): 2018 &
2025
Advances in Affective Computing Technologies Vital to Seamless
Human-Robot Interactions
Affective Computing Emerges as an Important Tool for e-Learning
EXHIBIT 5: Global e-Learning Market (in US$ Billion): 2016-2025
Affective Computing Buoys Application of AI in Transforming the
Healthcare Landscape
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Current & Future Analysis for Affective
Computing by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 2: World 7-Year Perspective for Affective Computing by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets for Years 2020 & 2027
Table 3: World Current & Future Analysis for Software by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 4: World 7-Year Perspective for Software by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 5: World Current & Future Analysis for Hardware by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 6: World 7-Year Perspective for Hardware by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 7: World Current & Future Analysis for Market Research by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 8: World 7-Year Perspective for Market Research by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 9: World Current & Future Analysis for Media &
Advertising by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 10: World 7-Year Perspective for Media & Advertising by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
Table 11: World Current & Future Analysis for Healthcare &
Lifesciences by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2020 through
2027 and % CAGR
Table 12: World 7-Year Perspective for Healthcare &
Lifesciences by Geographic Region - Percentage Breakdown of
Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific
and Rest of World for Years 2020 & 2027
Table 13: World Current & Future Analysis for Automotive by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 14: World 7-Year Perspective for Automotive by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2020 & 2027
Table 15: World Current & Future Analysis for Other End-Uses by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2020 through 2027 and
% CAGR
Table 16: World 7-Year Perspective for Other End-Uses by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2020 & 2027
III. MARKET ANALYSIS
UNITED STATES
Table 17: USA Current & Future Analysis for Affective Computing
by Component - Software and Hardware - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR
Table 18: USA 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 19: USA Current & Future Analysis for Affective Computing
by End-Use - Market Research, Media & Advertising, Healthcare &
Lifesciences, Automotive and Other End-Uses - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 20: USA 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
CANADA
Table 21: Canada Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 22: Canada 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 23: Canada Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 24: Canada 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
JAPAN
Table 25: Japan Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 26: Japan 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 27: Japan Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 28: Japan 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
CHINA
Table 29: China Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 30: China 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 31: China Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 32: China 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
EUROPE
Table 33: Europe Current & Future Analysis for Affective
Computing by Geographic Region - France, Germany, Italy, UK and
Rest of Europe Markets - Independent Analysis of Annual Sales
in US$ Million for Years 2020 through 2027 and % CAGR
Table 34: Europe 7-Year Perspective for Affective Computing by
Geographic Region - Percentage Breakdown of Value Sales for
France, Germany, Italy, UK and Rest of Europe Markets for Years
2020 & 2027
Table 35: Europe Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 36: Europe 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 37: Europe Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 38: Europe 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
FRANCE
Table 39: France Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 40: France 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 41: France Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 42: France 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
GERMANY
Table 43: Germany Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 44: Germany 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 45: Germany Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 46: Germany 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
ITALY
Table 47: Italy Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 48: Italy 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 49: Italy Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 50: Italy 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
UNITED KINGDOM
Table 51: UK Current & Future Analysis for Affective Computing
by Component - Software and Hardware - Independent Analysis of
Annual Sales in US$ Million for the Years 2020 through 2027 and
% CAGR
Table 52: UK 7-Year Perspective for Affective Computing by
Component - Percentage Breakdown of Value Sales for Software
and Hardware for the Years 2020 & 2027
Table 53: UK Current & Future Analysis for Affective Computing
by End-Use - Market Research, Media & Advertising, Healthcare &
Lifesciences, Automotive and Other End-Uses - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 54: UK 7-Year Perspective for Affective Computing by
End-Use - Percentage Breakdown of Value Sales for Market
Research, Media & Advertising, Healthcare & Lifesciences,
Automotive and Other End-Uses for the Years 2020 & 2027
REST OF EUROPE
Table 55: Rest of Europe Current & Future Analysis for
Affective Computing by Component - Software and Hardware -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 56: Rest of Europe 7-Year Perspective for Affective
Computing by Component - Percentage Breakdown of Value Sales
for Software and Hardware for the Years 2020 & 2027
Table 57: Rest of Europe Current & Future Analysis for
Affective Computing by End-Use - Market Research, Media &
Advertising, Healthcare & Lifesciences, Automotive and Other
End-Uses - Independent Analysis of Annual Sales in US$ Million
for the Years 2020 through 2027 and % CAGR
Table 58: Rest of Europe 7-Year Perspective for Affective
Computing by End-Use - Percentage Breakdown of Value Sales for
Market Research, Media & Advertising, Healthcare &
Lifesciences, Automotive and Other End-Uses for the Years 2020 &
2027
ASIA-PACIFIC
Table 59: Asia-Pacific Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 60: Asia-Pacific 7-Year Perspective for Affective
Computing by Component - Percentage Breakdown of Value Sales
for Software and Hardware for the Years 2020 & 2027
Table 61: Asia-Pacific Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 62: Asia-Pacific 7-Year Perspective for Affective
Computing by End-Use - Percentage Breakdown of Value Sales for
Market Research, Media & Advertising, Healthcare &
Lifesciences, Automotive and Other End-Uses for the Years 2020 &
2027
REST OF WORLD
Table 63: Rest of World Current & Future Analysis for Affective
Computing by Component - Software and Hardware - Independent
Analysis of Annual Sales in US$ Million for the Years 2020
through 2027 and % CAGR
Table 64: Rest of World 7-Year Perspective for Affective
Computing by Component - Percentage Breakdown of Value Sales
for Software and Hardware for the Years 2020 & 2027
Table 65: Rest of World Current & Future Analysis for Affective
Computing by End-Use - Market Research, Media & Advertising,
Healthcare & Lifesciences, Automotive and Other End-Uses -
Independent Analysis of Annual Sales in US$ Million for the
Years 2020 through 2027 and % CAGR
Table 66: Rest of World 7-Year Perspective for Affective
Computing by End-Use - Percentage Breakdown of Value Sales for
Market Research, Media & Advertising, Healthcare &
Lifesciences, Automotive and Other End-Uses for the Years 2020 &
2027
IV. COMPETITION
Total Companies Profiled: 57
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