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Affective Computing Market Trends

Report ID: GMI11446
Published Date: Sep 2024
Report Format: PDF

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Affective Computing Market Trends

As mental health awareness grows, there is an increasing demand for technologies that can monitor and support emotional well-being. Affective computing systems play a crucial role by providing real-time emotional insights through advanced sensors and algorithms. These technologies enable the early detection of mental health issues by analyzing emotional data, which aids in personalized therapy and continuous patient monitoring. Emotion-recognition software is instrumental in tracking fluctuations in a patient’s emotional state, thereby facilitating timely interventions and customized treatment plans. Additionally, affective computing enhances telehealth services by enabling remote emotional assessments, which is particularly valuable in addressing mental health needs in underserved or remote areas. The integration of affective computing into healthcare improves patient outcomes and drives market expansion.

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

Market size for affective computing was valued at USD 62 billion in 2023 and will expand at a 25% CAGR between 2024 and 2032, attributed to increasing demand for technologies that enhance human-computer interaction by recognizing and responding to emotional cues.

The software segment held 45% market share in 2023, fueled by its crucial role in processing and analyzing emotional data collected from various sensors and devices.

North America industry captured 30% revenue share in 2023, propelled by the region

Some of the leading affective computing industry players are Affectiva, Amazon, Google, IBM, Intel, Microsoft, Qualcomm, Samsung, Sensory Inc., and Xilinx Inc., among others.