The global emotion detection and recognition market size is projected to grow from USD 23.5 billion in 2022 to USD 42.9 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 12.8%. The major factors driving the market growth include the global adoption of Al, ML, and deep learning technologies, the increasing need for emotion recognition models by intelligent systems, and the expanding popularity of wearable technology. By component, the software segment holds the largest market size, and by software, facial expression, and recognition segment is expected to register the highest CAGR during the forecast period.
