Emotional Intelligence Market to Build Excessive Revenue at Healthy Growth Rate 2021-2030 | Amazon Web Services, Cogito Corporation, Crowd Emotion, Emotibot Technologies Limited

AMINew Study Reports ” Emotional Intelligence Market 2021, Global Key Players Analysis, Share, Trends, Growth Status, Revenue Expectation Forecasts 2030″ has been AddedGlobal emotional intelligence market was valued at US$ 8,670.6 Mn in 2020 and is anticipated to grow at a CAGR of 24.9% over the forecast period to reach US$ 64,134.7 Mn in 2030.  Some of the players operating in the emotional intelligence market are Affective, Amazon Web Services, Inc., Cogito Corporation, Crowd Emotion, Emotibot Technologies Limited, Google LLC, Human (wearehuman.io), IBM Corporation, iMotions, Microsoft, Noldus, NVISO SA., Receptiviti, Sightcorp, TalentSmart Inc., Transform-Partners Ltd, Visage Technologies and Vokaturi B.V. amongst others.

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This Emotional Intelligence report helps you effortlessly figure out brand awareness and perception of your brand and product among potential customers of the industry. Few aspects are kept into view while formulating this global Emotional Intelligence market report and include the market type, organization size, availability on-premises, end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The report estimates 2021-2030 market development trends for industry. The Emotional Intelligence report puts on view significant product developments and tracks recent acquisitions, mergers and research in the industry by the key players.

Important Features that are under offering & key highlights of the report:

  1. Detailed overview of Emotional Intelligence market
  2. Changing market dynamics of the industry
  3. In-depth market segmentation by Type, Application etc
  4. Historical, current and projected market size in terms of volume and value
  5. Recent industry trends and developments
  6. Competitive landscape of Emotional Intelligence market
  7. Strategies of key players and product offerings
  8. Potential and niche segments/regions exhibiting promising growth
  9. A neutral perspective towards Emotional Intelligence market performance
  10. Emotional Intelligence Market player’s information to sustain and enhance their footprint

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Industry Trends

Businesses are inclining towards emotional intelligence technologies owing to their efficiency in customer management and marketing thus, increasing demand for emotional intelligence across the globe.

Emotional intelligence can be coined as perceiving, understanding, using and managing emotions. It enables user to monitor different emotions of people, discriminate between them and use the obtained emotional information to guide a user’s thinking and behaviour. According the World Economic Forum (WEF), emotional intelligence is one of the top 10 skills needed for professionals at all levels in an organizations in 2020 and beyond. Real-time monitoring of customer and employee behaviour gives decisive insights to businesses for enhancing sales results, customer experiences and quality of services. For instance, in April 2017, the Unruly Group Ltd launched a content testing tool which uses emotional intelligence that allows advertisers to analyse emotional impact of their video advertisement and target relevant customers. These tools are increasing the sales, customer engagement and ultimately revenue of the businesses thus generating high demand in global emotional intelligence market.

However, emotional information collected by these platforms can be used for unethical practices are causing concerns among end-users leading to hindering the growth of global emotional intelligence market Unpredictable human behaviour makes detection of emotions based on facial expressions and gestures a complicated process further raising concerns related to the maturity of this technology. These challenges will be overcome as the technology advances and regulatory guidelines are set for the use of emotional information collected.

Rise in outbreak of global pandemic COVID-19 has affected countries thus disrupting personal and professional ecosystems. This crisis has put immense mental stress on people regarding safety and livelihood. Businesses are adopting mental health assessment tools with emotional intelligence capabilities to monitor their employees. For instance, IBM Corporation offers online therapeutic and peer support platform in partnership with Tiatros Inc. to monitor physical, mental and emotional wellbeing of workforce. Thus, the coronavirus outbreak is anticipated to have positive impact on demand in global emotional intelligence market.

Global Emotional Intelligence Market:

Emotional Intelligence Market: By Component

  • Solutions
    • Cloud
    • On Premise
  • Service

Emotional Intelligence Market: By Type

  • Facial Emotion Recognition
  • Speech Emotion Recognition
  • Gesture Recognition and Activity Prediction
  • Others

Emotional Intelligence Market: By Organization Size

  • Small and Medium Sized Enterprises
  • Large Enterprises

Emotional Intelligence Market: By Application

  • Customer Relationship Management
  • Employee Monitoring and Assessment
  • Lead Generation and Closing
  • Safety and Compliance
  • Others

Emotional Intelligence Market: By Industry Verticals

  • Information Technology and Telecommunications
  • Manufacturing and Automotive
  • Transportation and Logistics
  • Defence and Military
  • Government
  • Banking, Financial Services and Insurance
  • Healthcare and Pharmaceutical
  • Retail and Consumer Goods
  • Media and Entertainment
  • Energy and Utilities
  • Others

Emotional Intelligence Market: By Geography

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

Key Pointers Covered in Emotional Intelligence Market Industry Trends and Forecast 

  • Emotional Intelligence Market Size
  • Emotional Intelligence Market Standards and Changes
  • Emotional Intelligence Market Trials in Different Regions
  • Emotional Intelligence Market Requirements in Different Regions
  • Emotional Intelligence Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Recent Market Value for Different regions
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study
  • Supply Chain Competitiveness

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