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Global Artificial Intelligence Emotion Recognition Market Size By Type (Facial Emotion Recognition, Speech Emotion Recognition), By End-User (Education, Medical Care, Wisdom Center), By Vertical (Entertainment, Government, Healthcare, Retail, Transportation), By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Artificial Intelligence Emotion Recognition Market Size By Type (Facial Emotion Recognition, Speech Emotion Recognition), By End-User (Education, Medical Care, Wisdom Center), By Vertical (Entertainment, Government, Healthcare, Retail, Transportation), By Geographic Scope And Forecast

Artificial Intelligence-Emotion Recognition Market Size And Forecast

Artificial Intelligence Emotion Recognition Market size was valued at USD 0.9 Billion in 2024 and is projected to reach USD 2.3 Billion by 2031, growing at a CAGR of 12.20% from 2024 to 2031.

  • Artificial intelligence (AI) is the development of technology capable of doing activities that traditionally require human intelligence. This includes mimicking human cognitive processes in robots, allowing them to think and behave like humans.
  • AI is intended to improve efficiency in both work and life by comprehending and responding to human emotions. Emotion recognition, a subset of artificial intelligence, identifies and interprets human emotions.
  • Developers use open-source machine vision software frameworks to create sophisticated emotion monitoring and recognition systems.
  • The Artificial Intelligence-Emotion Recognition Market is expected to develop due to major advances in AI technologies such as virtual reality (VR), augmented reality (AR), and human-machine interfaces.
  • Natural Language Processing (NLP), emotional computing, programming languages, and machine learning are key technologies driving this progress.
  • NLP plays an important role in emotion identification using a variety of methodologies, including knowledge-based strategies, statistical methods, and hybrid approaches.The global Artificial Intelligence-Emotion Recognition Market is divided into four segmentssoftware tools, applications, technologies, and end users. Facial expression and emotion identification, gesture and posture recognition, and speech recognition are all examples of software tools.
  • Applications include police enforcement, surveillance, personal entertainment and gadgets, advertising, and marketing. Several well-known organizations are using emotion detection and recognition technologies to monitor client behavior, greatly improving consumer behavior studies.
  • For example, Disney has created an AI-powered tool that analyzes viewer reactions to its films by identifying complex facial expressions and forecasting future emotions. This technology opens up numerous prospects for market expansion in the future.

Global Artificial Intelligence Emotion Recognition Market Dynamics

The key market dynamics that are shaping the global artificial intelligence emotion recognition Market include

Key Market Drivers

  • Advancements in AI and Machine Learning The increasing sophistication of AI, machine learning, and deep learning algorithms is critical for emotion detection. These technologies allow AI systems to evaluate complicated data sets including facial expressions, voice tones, and body language with more accuracy and depth.
  • Multimodal Emotion Recognition The market is increasingly moving toward a multimodal approach in which AI systems incorporate input from a variety of sources, including facial expressions, speech, body language, and physiological signals. This extensive study improves the accuracy and depth of comprehending human emotions.
  • Integration with Consumer Technology Emotion Recognition Artificial intelligence is being integrated into common gadgets such as smartphones, wearables, and smart home appliances. This integration enables individualized user experiences, in which technology responds to the user’s emotional state. For example, if a smartphone app detects tension, it may offer relaxing strategies.
  • Growth in Healthcare ApplicationsAI emotion detection is growing popularity in healthcare, especially in mental health. These technologies can detect small emotional changes in patients, helping to diagnose illnesses like sadness or anxiety. They can also assess treatment effectiveness by studying patients’ emotional responses.
  • Rising Demand for Personalized Client Service Businesses are increasingly recognizing the value of understanding client emotions. Emotion recognition AI can evaluate client interactions to provide information on satisfaction levels. This allows businesses to customize customer care experiences and increase overall customer happiness.

Key Challenges

  • Data Privacy Concerns Emotion recognition technology collects and analyzes personal information such as facial expressions, voice recordings, and physiological signs. This presents serious privacy problems, since consumers may be wary about how their information is collected, stored, and used.
  • Accuracy and Bias Emotion Recognition AI is still evolving, and cultural variances, individual expression variations, and specialized data sets can all have an impact on its accuracy. Bias in training data can also result in misinterpretation of emotions based on race, gender, or other factors.
  • High Development Costs Emotion recognition systems demand a significant investment in hardware, software, and data infrastructure. This can be a substantial impediment for small businesses or groups with limited resources.
  • Limited Cultural Understanding Emotions are communicated and interpreted. different among cultures. AI systems trained on data from a single culture may struggle to reliably identify emotions in people from varied backgrounds.
  • Ethical Considerations The increasing use of emotion recognition technology poses ethical concerns. Concerns include the potential for intrusive surveillance or emotional manipulation. Regulations and ethical guidelines are required to ensure that this technology is used responsibly.

Key Trends

  • Focus on Multimodal Recognition There is a growing emphasis on multimodal emotion recognition, which incorporates data from a variety of sources including facial expressions, speech intonation, body language, and physiological signals such as heart rate. This approach provides a more nuanced and comprehensive view of human emotions.
  • Expansion into the Metaverse and AR/VR As metaverse and AR/VR technologies advance, emotion detection AI will likely be integrated to improve the realism and interaction of these worlds. Virtual avatars, for example, may respond to users’ emotions, and game complexity could be adjusted based on players’ stress levels.
  • Rise of Explainable AI (XAI)To address concerns regarding bias and accuracy, there is a rising emphasis on Explainable AI (XAI) in emotion recognition. XAI empowers developers to better understand how AI systems read emotions, hence increasing transparency and confidence in these technologies.
  • Focus on Mental Health ApplicationsThe use of AI emotion identification in mental health is predicted to grow. These technologies can help therapists detect emotional changes in patients during sessions or offer self-help tools that respond to recognized emotions.
  • Integration with Customer Service AI Customer service AI chatbots and virtual assistants are increasingly using emotion recognition to improve interactions. Understanding client sentiment allows these AI systems to provide more empathic and personalized help.

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Global Artificial Intelligence Emotion Recognition Market Regional Analysis

Here is a more detailed regional analysis of the global artificial intelligence emotion recognition market

North America

  • North America is substantially dominating the artificial intelligence emotion recognition market as North America is a hub of innovation in AI, machine learning, and computer vision, all of which are critical for enhancing emotion identification technology.
  • The region’s powerful ecosystem of technology businesses, research institutions, and startups encourages the ongoing development and integration of cutting-edge technologies, accelerating the advancement of advanced emotion recognition systems.
  • The ubiquitous availability of high-speed internet and widespread use of Internet of Things (IoT) devices in North America provide a rich data environment for AI systems.
  • This connectivity enables the real-time capture and analysis of many data streams, including facial expressions, voice, and physiological signals, which improves the accuracy and usefulness of emotion identification technology.
  • Government subsidies and financing for AI research and development are critical to the evolution of emotion recognition technologies. Policies and initiatives focused on supporting innovation ensure that researchers and developers have the resources they need to push the limits of AI’s ability to perceive and interpret human emotions.
  • North American firms place a high value on understanding and improving client experiences. Companies that use emotion detection technologies can obtain a better understanding of their customers’ emotions, allowing them to adjust services and interactions to increase satisfaction and loyalty.
  • This approach promotes the incorporation of emotion recognition into customer service applications, resulting in more empathic and responsive help.
  • The use of AI emotion identification in healthcare, particularly mental health, is expected to increase dramatically. These systems can help diagnose depression and anxiety, track patients’ emotional responses to medicines, and provide timely emotional support. This technology has the potential to transform the delivery of mental health care by making it more proactive and individualized.
  • Emotion detection technology can revolutionize marketing and advertising by personalizing material to users’ emotional states. Businesses may use real-time emotional input to build highly tailored advertisements that touch more deeply with customers, thereby increasing engagement and conversion rates.

Asia Pacific

  • Asia Pacific is expected to be the fastest growing region in the artificial intelligence emotion recognition market during the forecast period. The Asia Pacific area is seeing a rapid adoption of AI and associated technologies across a variety of industries.
  • This rapid acceptance presents an ideal environment for the development and implementation of emotion recognition solutions. AI is being used to improve operations and consumer relations in a variety of industries, including finance and entertainment, creating demand for sophisticated emotion identification solutions.
  • Asia Pacific’s large and culturally diverse population provides an abundant data pool for training AI systems. This variability contributes to the development of more robust and flexible emotion detection models capable of accurately interpreting a wide range of emotional expressions and actions.
  • The many cultural nuances provide an opportunity to improve AI systems to be more inclusive and productive across demographic groupings.
  • Several governments in the region are actively pushing AI development through specific initiatives and financing. These efforts frequently focus on emotion detection technologies, to position their countries as leaders in AI innovation.
  • Government funding helps to speed the research, development, and implementation of these technologies in both the public and private sectors. The increased emphasis on education in the Asia Pacific, combined with the emergence of EdTech companies, opens up a big opportunity for AI emotion identification.
  • These technologies can be utilized to tailor learning experiences, increase student engagement, and give educators real-time feedback. By recognizing and responding to students’ emotional states, AI can contribute to more effective and helpful learning environments.
  • The burgeoning e-commerce and retail sectors in Asia Pacific present significant prospects for emotion recognition technologies. Businesses that analyze client emotions can tailor shopping experiences, optimize product recommendations, and increase overall customer satisfaction.
  • This targeted strategy can increase engagement and conversion rates, resulting in growth in these competitive areas. Raising awareness of mental health issues in the region opens the door to AI-powered solutions that can identify emotional changes and provide assistance.
  • Emotion detection technology can be used to create applications that monitor mental health, give self-help resources, and direct users to professional care as needed. This has the potential to greatly improve the accessibility and effectiveness of mental health services.

Global Artificial Intelligence Emotion Recognition MarketSegmentation Analysis

The Global Artificial Intelligence Emotion Recognition Market is segmented based on Type, Vertical, End-User, And Geography.

Artificial Intelligence Emotion Recognition Market, By Type

  • Facial Emotion Recognition
  • Speech Emotion Recognition

Based on Type, the market is bifurcated into Facial Emotion Recognition, and Speech Emotion Recognition. Facial emotion recognition is showing significant growth in the artificial intelligence emotion recognition market. Facial expressions are a combination of a person’s cognitive state, intention, character, and psychology, and they’re frequently utilized to send signals in interpersonal relationships. Facial features are also motions that can be quite useful when responding to a certain speech. Facial recognition software is an essential component of the emotion detection and recognition system since it allows for the detection of emotions or reactions from facial expressions while also providing real-time findings. Emotion detection and recognition are used by several well-known companies. This technology aids in the detection of customer behavior and so contributes greatly to consumer behavior studies. Disney, for example, has been experimenting with technology to see how people react to its films, developing an AI-powered program that can distinguish complicated facial gestures and even forecast future emotions.

Artificial Intelligence Emotion Recognition Market, By End-User

  • Education
  • Medical Care
  • Wisdom Center

Based on the End-User, the market is bifurcated into Education, Medical Care, and Wisdom Centers. The wisdom center segment is showing significant growth in the artificial intelligence emotion recognition market. Emotion detection technology is commonly used by commercial end users, such as gaming centers, shopping malls, cafes, movie theaters, gaming arenas, auditoriums, retail stores, airports, and seaports. This system uses video assessment and image analysis to determine consumer happiness by recognizing moods across demographic categories. Integrating AI technology into the corporate sector has become a top priority. AI experts are collaborating with business teams to improve the shopping experience, using emotion detection to better understand and respond to customer sentiment.

Artificial Intelligence Emotion Recognition Market, By Vertical

  • Entertainment
  • Government
  • Healthcare
  • Retail
  • Transportation

Based on the Vertical, the market is bifurcated into Entertainment, Government, Healthcare, Retail, and Transportation. The entertainment segment is showing growth of the artificial intelligence emotion recognition market. Established entertainment titans are prioritizing user experience by implementing emotion-detecting technologies and increasing engagement through tailored content. Demand is boosted by the widespread adoption of streaming services and online gaming platforms, which use emotional input to modify suggestions and gameplay. The increasing popularity of AR/VR experiences opens up new potential for incorporating emotional reactions and creating immersive and interactive worlds.

Artificial Intelligence Emotion Recognition Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Global Artificial Intelligence Emotion Recognition Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America is substantially dominating the artificial intelligence emotion recognition market as North America is a hub of innovation in AI, machine learning, and computer vision, all of which are critical for enhancing emotion identification technology. The region’s powerful ecosystem of technology businesses, research institutions, and startups encourages the ongoing development and integration of cutting-edge technologies, accelerating the advancement of advanced emotion recognition systems.

Key Players

The “Global Artificial Intelligence-Emotion Recognition Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Microsoft, Softbank, Realeyes, INTRAface, Apple, IBM, Eyeris, BeyondVerbal, Affectiva, KairosAR.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Artificial Intelligence-Emotion Recognition Market Recent Developments

  • In July 2019, Sky Biometry’s cloud-based face detection and identification technology was updated. The latest version can recognize a wide range of head rotation angles, including full profile, and locates far more faces in a variety of settings. Other processing methods are also being modified, such as enhanced face image quality estimations, increased facial features, and emotion classifiers.
  • In February 2022, NEC announced a collaboration with SAP to strengthen their strategic cooperation to accelerate NEC’s corporate transformation (CX) and co-create commercial opportunities. Based on the outcomes of the improvements it has made with SAP solutions, it will implement the most recent SAP solutions to increase CX. As a result, NEC wants to achieve data-driven management, adapt promptly to market developments, and maximize personalized skills.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Microsoft, Softbank, Realeyes, INTRAface, Apple, IBM, Eyeris, BeyondVerbal, Affectiva, and KairosAR.

SEGMENTS COVERED

By Type, By End-User, By Vertical, And By Geography

CUSTOMIZATION SCOPE

Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )