Emotion Detection & Recognition (EDR) Market Eyes Growth with Breakthroughs in IoT and Wearable Technology

Posted on 2018-10-08 by Mark Hub in Software // 0 Comments

Albany, US, 2018-Oct-08 — /EPR Network/ —With wearable devices attaining ubiquitous adoption across the globe, advances in emotion detection and recognition (EDR) has witnessed an uptick in demand. Wide scale advancement in IoT has encouraged enterprises to upgrade non-verbal customer communication, thus enabling growth in emotion detection & recognition (EDR) market. In its recently added research report titled, ‘Global Emotion Detection & Recognition (EDR) Market Size, Status and Forecast 2018-2025‘ Market Research Hub (MRH) enumerates core developments and their eventual implications towards the growth of EDR market.

Innovations in Machine Learning and AI Expected to Aid Manufacturers Retain Market Dominance

Leading players in EDR market are facilitating innovations with incorporation of advanced features such as biological sensors, cameras, microphones to enable seamless interaction between humans and machine interfaces. These advancements in device technology are expected to hone the growth trajectory of market players in emotion detection & recognition market. Potential investments in machine learning and AI remain core growth triggers in EDR market.

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SoftBank and Affectiva Partner to Transform Artificial Emotional Intelligence

In a recent development leading robotics company SoftBank Robotics has inked a partnership deal with Affectiva aiming to aid the emotion AI of its line of robots, Pepper. With the development in place, the robot is expected to exhibit high standard emotion interpretation of human interaction. The deal will elevate SoftBank’s position in the fierce competitive landscape of EDR market. Elaborate research components etched in the report aid readers’ understanding about prevailing market segments. This section of the report enumerates type and application as pertinent segments prevalent in emotion detection and recognition market. Based on type the EDR market is split as software and services. On the basis of application emotion detection recognition market is segregated as government, healthcare, retail, entertainment, and transportation. Thorough research attributes postulated in the report allow readers to determine the effectiveness of market segments in translating growth, besides enriching readers’ understanding about the segment associated with revenue accentuation. In addition to aforementioned market segments, the report also entails clear geographical expanse of EDR market based on which the market is demarcated as Europe, United States, China, Japan, Southeast Asia, India, Central and South America. In this section of the report readers are briefed about profitable business tactics and tools implemented by core market players across regions and their corresponding impact on end-user response.

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Competition Dashboard: Emotion Detection Recognition Market

In the trail section of the report readers are presented with potent marketing strategies implemented by market players, thus enabling readers to evaluate the efficacy of these strategies in fostering desired end-user response such as their buying discretion. Elaborate analysis of these strategies enable readers to gain vital details based on which new and existing market players can facilitate lucrative business decisions. Eminent players identified in emotion detection & recognition (EDR) market include, Affectiva, Apple, Tobii AB, Noldus, Sightcorp, and Eyeris amongst others.

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