DUBLIN, Feb. 3, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/d8zjcd/emotion_detection) has announced the addition of the "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" report to their offering.
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. Sightcorp develops unique CrowdSight SDK and performs video and image analysis, which can be used for security and traffic monitoring purposes.
The APAC region expected to experience extensive growth opportunities in the next few years
In the rapidly growing economies, such as China and India, the growing demand for enhanced technology implementation, awareness and efforts to standardize the emotion detection and recogniton technology are some of the growth drivers for the market. Additionally, huge population, developing technology hubs, and affluent countries such as South Korea, Japan have further enhanced growth prospects in this region.
Increasing trend of wearable devices, evolution of IoT, along with evolving technologies would encourage tremendous growth opportunities in the next five years.
The various key emotion detection and recognition vendors and service providers profiled in the report are as follows:
3. Kairos AR
7. Noldus Information Technology
10. IBM Watson Foundation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Emotion Detection And Recognition Market Analysis,
8 Emotion Detection And Recognition Market Analysis,
9 Emotion Detection And Recognition Market Analysis, By Service
10 Emotion Detection And Recognition Market Analysis,
11 Emotion Detection And Recognition Market Analysis, By End User
12 Geographic Analysis
13 Competitive Landscape
14 Key Innovators
For more information visit http://www.researchandmarkets.com/research/d8zjcd/emotion_detection
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets