Market Share of Affective Computing Industry
The competition among the existing market players in the affective computing market is high, making them prone to aggressive acquisition strategies to capture the market and enhance the first mover's advantage with new solutions. Affectiva Inc., IBM Corporation, Nuance Communications Inc., Element Human Ltd., and Kairos AR Inc. are a few prominent players with a significant share of the market.
In June 2022, Nuance Communications announced a partnership with SCIENTIA Puerto Rico, Inc. to expand access to Nuance's Dragon Medical One speech recognition solution for the island's physicians and nurses to improve clinical documentation quality and patient outcomes while reducing administrative workloads that contribute to clinician burnout. Also, in June 2022, Aural Analytics, Inc., a prominent player in clinical-grade speech analytics, announced a partnership with Koneksa, a player in digital biomarker development, to further strengthen its platform and research capabilities using Aural Analytics' technology, Speech Vitals.
Affective Computing Market Leaders
Affectiva Inc.
IBM Corporation
Nuance Communications Inc.
Element Human Ltd
Kairos AR Inc.
*Disclaimer: Major Players sorted in no particular order
