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Artificial Intelligence and Data Analytics-Based Emotional Intelligence
Abstract
With the advent of technology, we have seen drastic changes in the way of life. Right from automation to improved security systems, technology got us covered. Machines deployed with intelligence stand the potential to drive cars, perform medical procedures, control traffic, and possibly everything that we can think of. Several large and small-scale organizations are adopting AI technologies to amplify their growth and surpass prior business results. Emotional AI can also help businesses to solve sensitive issues at the workplace. The global outlook is that AI imbibed into automation or robotics is going to revolutionize the markets and workforces. As per market estimates, over the next five years, the affective computing market will witness new heights surging to a growth rate of 43.0% CAGR in terms of revenue, with the global market reaching to US$ 1710 million by 2024 up from US$ 200 million in 2019. In the forecast period from 2019-2024, development around touchless AI models are expected to grow in the affective computing market between 2017 and 2025.
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