The North America Emotion AI Market would witness market growth of 21.5% CAGR during the forecast period (2023-2030).
Many virtual assistants and chatbots incorporate Emotion AI to understand better and respond to users' emotional states. This makes interactions with technology more human-like and personalized. It is integrated into smart devices, like voice assistants, to understand better and respond to users' emotions and requests. This makes these devices more user-friendly and adaptable. Advancements in machine learning and deep learning techniques will likely enhance the accuracy and effectiveness of these systems, driving further adoption.
The adoption of Emotion AI is on the rise across various sectors, driven by the potential to improve customer experiences, healthcare, marketing, education, and more. However, ethical, and regulatory considerations will play an increasingly significant role as technology develops and is integrated into various aspects of lives. Artificial intelligence (AI) powered solutions can continuously monitor networks, endpoints, and systems, enabling quick response and real-time visibility into any circumstance. This ultimately results in more precise and efficient business operations.
Emotion AI is applied across various applications in North America, including customer service, marketing, mental health support, virtual assistants, and content personalization. In the healthcare sector, North America is leveraging these for applications related to mental health, patient engagement, and remote monitoring, focusing on improving patient outcomes. North American retailers and e-commerce businesses use it to enhance the customer shopping experience, gather customer insights, and improve recommendations. All these factors will uplift the regional market expansion in coming years.
The US market dominated the North America Emotion AI Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,200 million by 2030. The Canada market is experiencing a CAGR of 24.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 23.2% during (2023 - 2030).
Based on Component, the market is segmented into Software, and Service. Based on Enterprise Size, the market is segmented into Large Enterprises, Small & Medium-sized Enterprises. Based on Vertical, the market is segmented into Retail & E-commerce, BFSI, Media & Entertainment, Healthcare, IT & Telecom, Government & Defense, Automotive, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Emotion AI Market is Predict to reach $8.2 Billion by 2030, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Cogito Corporation, Eyeris Technologies, Inc., Apple, Inc., Smart Eye A/S (Affectiva, Inc.), NuraLogix Corporation, Realeyes OU, NVISO SA, and Emotibot Technologies Limited
Scope of the Study
Market Segments Covered in the Report:
By Component
By Enterprise Size
- Large Enterprises
- Small & Medium-sized Enterprises
By Vertical
- Retail & E-commerce
- BFSI
- Media & Entertainment
- Healthcare
- IT & Telecom
- Government & Defense
- Automotive
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Microsoft Corporation
- Cogito Corporation
- Eyeris Technologies, Inc.
- Apple, Inc.
- Smart Eye A/S (Affectiva, Inc.)
- NuraLogix Corporation
- Realeyes OU
- NVISO SA
- Emotibot Technologies Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Emotion AI Market, by Component
1.4.2 North America Emotion AI Market, by Enterprise Size
1.4.3 North America Emotion AI Market, by Vertical
1.4.4 North America Emotion AI Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis
4.3 Strategies Deployed in Emotion AI Market
Chapter 5. North America Emotion AI Market, By Component
5.1 North America Software Market, By Country
5.2 North America Service Market, By Country
Chapter 6. North America Emotion AI Market, By Enterprise Size
6.1 North America Large Enterprises Market, By Country
6.2 North America Small & Medium-sized Enterprises Market, By Country
Chapter 7. North America Emotion AI Market, By Vertical
7.1 North America Retail & E-commerce Market, By Country
7.2 North America BFSI Market, By Country
7.3 North America Media & Entertainment Market, By Country
7.4 North America Healthcare Market, By Country
7.5 North America IT & Telecom Market, By Country
7.6 North America Government & Defense Market, By Country
7.7 North America Automotive Market, By Country
7.8 North America Others Market, By Country
Chapter 8. North America Emotion AI Market, By Country
8.1 US Emotion AI Market
8.1.1 US Emotion AI Market, By Component
8.1.2 US Emotion AI Market, By Enterprise Size
8.1.3 US Emotion AI Market, By Vertical
8.2 Canada Emotion AI Market
8.2.1 Canada Emotion AI Market, By Component
8.2.2 Canada Emotion AI Market, By Enterprise Size
8.2.3 Canada Emotion AI Market, By Vertical
8.3 Mexico Emotion AI Market
8.3.1 Mexico Emotion AI Market, By Component
8.3.2 Mexico Emotion AI Market, By Enterprise Size
8.3.3 Mexico Emotion AI Market, By Vertical
8.4 Rest of North America Emotion AI Market
8.4.1 Rest of North America Emotion AI Market, By Component
8.4.2 Rest of North America Emotion AI Market, By Enterprise Size
8.4.3 Rest of North America Emotion AI Market, By Vertical
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Cogito Corporation
9.3.1 Company Overview
9.3.2 SWOT Analysis
9.4 Eyeris Technologies, Inc.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Apple, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expense
9.5.5 SWOT Analysis
9.6 Smart Eye A/S (Affectiva, Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.6.5 Recent strategies and developments:
9.6.5.1 Partnerships, Collaborations, and Agreements:
9.6.5.2 Product Launches and Product Expansions:
9.6.5.3 Acquisition and Mergers:
9.6.6 SWOT Analysis
9.7 NuraLogix Corporation
9.7.1 Company Overview
9.7.2 SWOT Analysis
9.8 Realeyes OU
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Product Launches and Product Expansions:
9.8.3 SWOT Analysis
9.9 NVISO SA
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.3 SWOT Analysis
9.10. Emotibot Technologies Limited
9.10.1 Company Overview
9.10.2 SWOT Analysis
TABLE 1 North America Emotion AI Market, 2019 - 2022, USD Million
TABLE 2 North America Emotion AI Market, 2023 - 2030, USD Million
TABLE 3 North America Emotion AI Market, By Component, 2019 - 2022, USD Million
TABLE 4 North America Emotion AI Market, By Component, 2023 - 2030, USD Million
TABLE 5 North America Software Market, By Country, 2019 - 2022, USD Million
TABLE 6 North America Software Market, By Country, 2023 - 2030, USD Million
TABLE 7 North America Service Market, By Country, 2019 - 2022, USD Million
TABLE 8 North America Service Market, By Country, 2023 - 2030, USD Million
TABLE 9 North America Emotion AI Market, By Enterprise Size, 2019 - 2022, USD Million
TABLE 10 North America Emotion AI Market, By Enterprise Size, 2023 - 2030, USD Million
TABLE 11 North America Large Enterprises Market, By Country, 2019 - 2022, USD Million
TABLE 12 North America Large Enterprises Market, By Country, 2023 - 2030, USD Million
TABLE 13 North America Small & Medium-sized Enterprises Market, By Country, 2019 - 2022, USD Million
TABLE 14 North America Small & Medium-sized Enterprises Market, By Country, 2023 - 2030, USD Million
TABLE 15 North America Emotion AI Market, By Vertical, 2019 - 2022, USD Million
TABLE 16 North America Emotion AI Market, By Vertical, 2023 - 2030, USD Million
TABLE 17 North America Retail & E-commerce Market, By Country, 2019 - 2022, USD Million
TABLE 18 North America Retail & E-commerce Market, By Country, 2023 - 2030, USD Million
TABLE 19 North America BFSI Market, By Country, 2019 - 2022, USD Million
TABLE 20 North America BFSI Market, By Country, 2023 - 2030, USD Million
TABLE 21 North America Media & Entertainment Market, By Country, 2019 - 2022, USD Million
TABLE 22 North America Media & Entertainment Market, By Country, 2023 - 2030, USD Million
TABLE 23 North America Healthcare Market, By Country, 2019 - 2022, USD Million
TABLE 24 North America Healthcare Market, By Country, 2023 - 2030, USD Million
TABLE 25 North America IT & Telecom Market, By Country, 2019 - 2022, USD Million
TABLE 26 North America IT & Telecom Market, By Country, 2023 - 2030, USD Million
TABLE 27 North America Government & Defense Market, By Country, 2019 - 2022, USD Million
TABLE 28 North America Government & Defense Market, By Country, 2023 - 2030, USD Million
TABLE 29 North America Automotive Market, By Country, 2019 - 2022, USD Million
TABLE 30 North America Automotive Market, By Country, 2023 - 2030, USD Million
TABLE 31 North America Others Market, By Country, 2019 - 2022, USD Million
TABLE 32 North America Others Market, By Country, 2023 - 2030, USD Million
TABLE 33 North America Emotion AI Market, By Country, 2019 - 2022, USD Million
TABLE 34 North America Emotion AI Market, By Country, 2023 - 2030, USD Million
TABLE 35 US Emotion AI Market, 2019 - 2022, USD Million
TABLE 36 US Emotion AI Market, 2023 - 2030, USD Million
TABLE 37 US Emotion AI Market, By Component, 2019 - 2022, USD Million
TABLE 38 US Emotion AI Market, By Component, 2023 - 2030, USD Million
TABLE 39 US Emotion AI Market, By Enterprise Size, 2019 - 2022, USD Million
TABLE 40 US Emotion AI Market, By Enterprise Size, 2023 - 2030, USD Million
TABLE 41 US Emotion AI Market, By Vertical, 2019 - 2022, USD Million
TABLE 42 US Emotion AI Market, By Vertical, 2023 - 2030, USD Million
TABLE 43 Canada Emotion AI Market, 2019 - 2022, USD Million
TABLE 44 Canada Emotion AI Market, 2023 - 2030, USD Million
TABLE 45 Canada Emotion AI Market, By Component, 2019 - 2022, USD Million
TABLE 46 Canada Emotion AI Market, By Component, 2023 - 2030, USD Million
TABLE 47 Canada Emotion AI Market, By Enterprise Size, 2019 - 2022, USD Million
TABLE 48 Canada Emotion AI Market, By Enterprise Size, 2023 - 2030, USD Million
TABLE 49 Canada Emotion AI Market, By Vertical, 2019 - 2022, USD Million
TABLE 50 Canada Emotion AI Market, By Vertical, 2023 - 2030, USD Million
TABLE 51 Mexico Emotion AI Market, 2019 - 2022, USD Million
TABLE 52 Mexico Emotion AI Market, 2023 - 2030, USD Million
TABLE 53 Mexico Emotion AI Market, By Component, 2019 - 2022, USD Million
TABLE 54 Mexico Emotion AI Market, By Component, 2023 - 2030, USD Million
TABLE 55 Mexico Emotion AI Market, By Enterprise Size, 2019 - 2022, USD Million
TABLE 56 Mexico Emotion AI Market, By Enterprise Size, 2023 - 2030, USD Million
TABLE 57 Mexico Emotion AI Market, By Vertical, 2019 - 2022, USD Million
TABLE 58 Mexico Emotion AI Market, By Vertical, 2023 - 2030, USD Million
TABLE 59 Rest of North America Emotion AI Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Emotion AI Market, 2023 - 2030, USD Million
TABLE 61 Rest of North America Emotion AI Market, By Component, 2019 - 2022, USD Million
TABLE 62 Rest of North America Emotion AI Market, By Component, 2023 - 2030, USD Million
TABLE 63 Rest of North America Emotion AI Market, By Enterprise Size, 2019 - 2022, USD Million
TABLE 64 Rest of North America Emotion AI Market, By Enterprise Size, 2023 - 2030, USD Million
TABLE 65 Rest of North America Emotion AI Market, By Vertical, 2019 - 2022, USD Million
TABLE 66 Rest of North America Emotion AI Market, By Vertical, 2023 - 2030, USD Million
TABLE 67 Key information – IBM Corporation
TABLE 68 Key Information – Microsoft Corporation
TABLE 69 Key Information – Cogito Corporation
TABLE 70 Key Information – Eyeris Technologies, Inc.
TABLE 71 Key Information – Apple, Inc.
TABLE 72 Key Information – Smart Eye A/S
TABLE 73 Key Information – NuraLogix Corporation
TABLE 74 Key Information – Realeyes OU
TABLE 75 Key Information – NVISO SA
TABLE 76 Key Information – Emotibot Technologies Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 North America Emotion AI Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Emotion AI Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - Emotion AI Market
FIG 6 North America Emotion AI Market share, By Component, 2022
FIG 7 North America Emotion AI Market share, By Component, 2030
FIG 8 North America Emotion AI Market, By Component, 2019 - 2030, USD Million
FIG 9 North America Emotion AI Market share, By Enterprise Size, 2022
FIG 10 North America Emotion AI Market share, By Enterprise Size, 2030
FIG 11 North America Emotion AI Market, By Enterprise Size, 2019 - 2030, USD Million
FIG 12 North America Emotion AI Market share, By Vertical, 2022
FIG 13 North America Emotion AI Market share, By Vertical, 2030
FIG 14 North America Emotion AI Market, By Vertical, 2019 - 2030, USD Million
FIG 15 North America Emotion AI Market share, By Country, 2022
FIG 16 North America Emotion AI Market share, By Country, 2030
FIG 17 North America Emotion AI Market, By Country, 2019- 2030, USD Million
FIG 18 SWOT Analysis: IBM Corporation
FIG 19 SWOT Analysis: Microsoft Corporation
FIG 20 SWOT Analysis: Cogito Corporation
FIG 21 SWOT Analysis: Eyeris Technologies, Inc.
FIG 22 SWOT Analysis: Apple, Inc.
FIG 23 SWOT Analysis: Smart Eye A/S
FIG 24 SWOT Analysis: NuraLogix Corporation
FIG 25 SWOT Analysis: Realeyes OU
FIG 26 SWOT Analysis: NVISO SA
FIG 27 SWOT Analysis: Emotibot Technologies Limited