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The global emotion AI market is expanding rapidly due to factors such as a substantial growth in AI and ML technologies, the increase in adoption of biometrics and facial recognition and surge in the usage of emotion detection solutions in several industries. The Emotion AI industry generated $1.8 billion in 2022, and is projected to reach $13.8 billion by 2032, witnessing a CAGR of 22.7% from 2023 to 2032. Prime determinants of growth include substantial growth in AI and ML technologies, the increase in adoption of biometrics and facial recognition and surge in the usage of emotion detection solutions in several industries. However, the high cost of application and development, and data storage and management hamper market growth.