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Global Emotion Recognition Market is set to Grow at a CAGR of Around 32.56% During the Forecast Period (2019-2027), Owing to Demand for Improvements in Defense Technology: Says Absolute Markets InsightsPUNE, India, March 19, 2019 /PRNewswire/ -- Improvements in homeland security would aid the growth of global emotion recognition market. Steady increase in spending on homeland security allows governing authorities to invest in innovative defense solutions. Current screening methods utilized by transportation and safety associations across the world require human operators to screen the passengers entering the country. The method has met with some challenges in the past with potential offenders being able to bypass the existing systems and cause harm to people and infrastructure of various countries. In coming years, the need for innovative screening solutions would fuel the market for emotion recognition offerings. Emotion recognition helps in analyzing the behavior of humans across various interactions with a designed platform that helps organizations to understand intentions of a person. Users can utilize various hardware, software and services offered by leading market players to assess human emotions for their research or other operations. Other applications of emotion recognition are observed in industry verticals such as consumer goods, media and entertainment, automotive, and healthcare amongst others. In terms of revenue, the global emotion recognition market stood at US$ 599.91 Mn in 2018 and is anticipated to reach US$ 7,204.81 Mn by 2027, expanding at a CAGR of 32.56% during the forecast period. The study analyzes the market in terms of revenue across all the major regions, which is further bifurcated into countries. Request a Sample Copy of This Report@ https://www.absolutemarketsinsights.com/request_sample.php?id=203 "Global emotion recognition market is expected to witness increasing demand from military and public safety organizations. Primary cause for the same is rising expenditure on defense and improvements required on border and homeland security screening procedures." The detailed research study provides qualitative and quantitative analysis of the global emotion recognition market. The market has been analyzed from demand as well as supply side. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East, Africa, and Latin America. Inquiry Before Buying This Report@ https://www.absolutemarketsinsights.com/enquiry_before_buying.php?id=203 Key Findings of the Report:
Request for Customization@ https://www.absolutemarketsinsights.com/request_for_customization.php?id=203 Find Related Reports@ Gesture Recognition Market 2019-2027 : https://www.absolutemarketsinsights.com/reports/Gesture-Recognition-Market-2019-2027-173 Artificial Intelligence in Healthcare Market 2019-2027 : https://www.absolutemarketsinsights.com/reports/Global-Artificial-Intelligence-in-Healthcare-Market-2019-2017-170 Facial Recognition Market 2018-2026 : https://www.absolutemarketsinsights.com/reports/Facial-Recognition-Market-2018-2026-69 About Us: Absolute Markets Insights assists in providing accurate and latest trends related to consumer demand, consumer behavior, sales, and growth opportunities, for the better understanding of the market, thus helping in product designing, featuring, and demanding forecasts. Our experts provide you the end-products that can provide transparency, actionable data, cross-channel deployment program, performance, accurate testing capabilities and the ability to promote ongoing optimization. From the in-depth analysis and segregation, we serve our clients to fulfill their immediate as well as ongoing research requirements. Minute analysis impact large decisions and thereby the source of business intelligence (BI) plays an important role, which keeps us upgraded with current and upcoming market scenarios. Contact Us: Company: Absolute Markets Insights Contact Name: Follow Us on Social Media: https://www.facebook.com/AbsoluteMarketsInsights/ SOURCE Absolute Markets Insights |