Emotion Analytics Market Size, Share, Growth Analysis, By Technology(Facial Expression Recognition, Speech and Voice Analytics), By End User(Retail and E-Commerce, Healthcare) - Industry Forecast 2024-2031

Global Emotion Analytics Market size was valued at USD 1.98 Billion in 2021 and is poised to grow from USD 2.31 Billion in 2022 to USD 8.01 Billion by 2030, at a CAGR of 16.8% during the forecast period (2023-2030).

The global emotion analytics market has experienced robust growth with the growing awareness of the crucial role that emotions play in influencing human behavior across numerous industries is driving a transformative wave on a global scale within the emotion analytics market. By technologies, facial expression recognition techniques, speech, and voice analytics systems, biometric its physiological sensors as well as natural language processing are highlighted to stand out universally on the distinctive role in an understanding of human emotions. While it is indicated across multiple end-user fields as the market’s retail and ecommerce to optimize customer experiences, healthcare utilizing emotion analytics on behalf of patient welfare, financial services measuring investor sentiment or human resources integrating emotional intelligence in talent management.

Geographically, North America plays a crucial role in the global emotion analytics market and emerged as the dominating region. The competitive landscape in this market defines a rapidly evolving battleground with influential players such as Affectiva, Beyond Verbal, IBM Corporation and Microsoft Corporation fueling innovation and defining the direction of the industry.