Global Emotion Detection and Recognition Market was valued at US$ 5.7 Bn in 2017 and is expected to reach US$ 53.23 Bn by 2026, at a CAGR of 32.22% during a forecast period.
The global emotion detection and recognition market is driven by substantial development of Internet of Things (IoT), increase in popularity of wearable technology, and rise in usage of smartphone globally. However, high cost of application, functional requirements, and misconception in analysis of emotions are limiting the global emotion detection and recognition market growth. Based on the service, storage and maintenance emotion detection and recognition segment is expected to fuel the global emotion detection and recognition market in the forecast period consulting & integration in the service type is projected to witness the highest demand because of the high involvement of end users for managing and aligning the solutions according to the organizations’ business needs. On the basis of technology, bio sensor segment is expected to grow
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Scope of Semiconductor Intellectual Property (IP) Market
Global Semiconductor Intellectual Property (IP) Market, By Design IP • Processor IP • Interface IP • Memory IP
Global Semiconductor Intellectual Property (IP) Market, By IP Source • Licensing