The Europe Affective Computing Market would witness market growth of 35.4% CAGR during the forecast period (2020-2026). Affective computing tries to lessen the distance between human feelings and machines by creating computational frameworks that recognize, respond, and express feelings. Computer researchers and significant parts in the market are inclined toward investing more amounts of energy on Affective computing to build up a profoundly intelligent computing system, which improves the proactive and intelligent human-machine connection. Increment in the selection of associated devices across different end-user verticals and ceaseless development in empowering technologies are foreseen to drive the market development during the forecast period. Notwithstanding, the absence of standardization and high creation cost is evaluated to hamper the market development.
Sensors can easily identify changes or occasions in the environment and give a conforming output. Sensors are indispensable elements as they are accountable for deciphering, recognizing, processing, and replicating human feelings. Sensors discover many applications in flood and water level checking, traffic observing and controlling, environment observing, and tracking of animals, and accurate agriculture, among others. Progresses in sensing technologies, the developing selection of electronic devices, continued improvement of urban and smart cities, progresses in automation, and the developing inclination for IoT technology is required to drive the development of the sensors segment.
Based on Component, the market is segmented into Software and Hardware. Software segment is further classified across Speech Recognition, Enterprise Software, Face Recognition, Analytics Software and Others. Hardware segment is further segmented into Sensors, Storage Devices & Processors and Cameras & Others. Based on Technology, the market is segmented into Touch Based and Touchless. Based on End User, the market is segmented into Healthcare, Media & Entertainment, BFSI, Automotive, IT & Telecom, Retail & E-commerce and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: Affective Computing Market in Europe is expected to register a CAGR of 35.4% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Google, Inc., Apple, Inc., Qualcomm, Inc., Elliptic Laboratories A/S, Congnitec Systems GmbH, GestureTek, Inc., Eyesight Technologies Ltd., and Vocalis Health.
Market Segmentation:
By Component
By Technology
By End-User
By Country
Companies Profiled
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