Global Facial Recognition Market 2018-2023 Direct, Indirect Marketing, Market Positioning, Pricing Strategy and Forecast
The global facial recognition market provides two types of services as consulting services and cloud based services. Rising adoption of cloud technologies has resulted in the fastest growth of cloud based facial recognition services.
(EMAILWIRE.COM, June 20, 2018 ) Woodridge, USA Jun 2018(News) - Facial Recognition is a biometric application which captures image and uses it to identify individuals by applying facial analytics and comparing it with the existing database. Facial recognition systems are commonly used for security purposes, especially in the surveillance field but recently the use of facial recognition in other applications has progressed. The facial recognition market is driven by the increasing criminal activities, globally. Apart from it, the increasing security measures at ATMs and the growing installation of facial recognition systems at airports, and shopping malls drive the facial recognition market.
Facial recognition market is segmented on the basis of technology as 3D Facial Recognition, 2D Facial Recognition, Thermal imaging and Skin Texture. To capture information about the shape of a face, the 3D facial recognition technology uses 3D sensors. The skin texture analysis uses visual details of the skin, as captured in standard digital or scanned images and analyzes unique lines, patterns, and spots apparent in a persons skin into a mathematical space. The ability of identifying a suspect from a large viewing angle with a high accuracy, is achieved by 3D facial recognition technology.
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Key Players
The key players of facial recognition market are
Safran SA (France),
NEC Corporation (Japan),
Cognitec Systems (Germany),
Aware Inc. (U.S),
Daon Inc. (U.S.),
Gemalto (Netherlands),
FaceFirst Inc. (U.S.),
Ayonix Corporation (Japan),
Key Lemon Ltd. (Switzerland),
Face++ (China).
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Global Facial Recognition Market Analysis & Forecast, from 2016 to 2022
To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global Facial Recognition market with analysis of its development and demand in the market
Upcoming technologies, high growth geographies and countries were identified
Regional and country specific demand and forecast for facial recognition were studied
Key segments covered in the report are: technology, services, components and end-user.
Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
Historical trend is identified to forecast and estimate the future value data
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Key Findings
The global facial recognition market is expected to reach USD 8.93 Billion by 2022.
By Technology, 3D Facial Recognition accounts for the largest market share and is growing with approximately ~23.4% CAGR during forecast period.
By End-user, Government industry holds the largest market growing with approximately 22.9% CAGR by the end of forecast period.
Geographically, North America has been projected to have the largest market share in global Facial Recognition market, while Asia-Pacific has been projected to emerge as the fastest growing region.
Facial recognition market is segmented on the basis of technology as 3D Facial Recognition, 2D Facial Recognition, Thermal imaging and Skin Texture. To capture information about the shape of a face, the 3D facial recognition technology uses 3D sensors. The skin texture analysis uses visual details of the skin, as captured in standard digital or scanned images and analyzes unique lines, patterns, and spots apparent in a persons skin into a mathematical space. The ability of identifying a suspect from a large viewing angle with a high accuracy, is achieved by 3D facial recognition technology.
Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/147
Key Players
The key players of facial recognition market are
Safran SA (France),
NEC Corporation (Japan),
Cognitec Systems (Germany),
Aware Inc. (U.S),
Daon Inc. (U.S.),
Gemalto (Netherlands),
FaceFirst Inc. (U.S.),
Ayonix Corporation (Japan),
Key Lemon Ltd. (Switzerland),
Face++ (China).
Ask For Report Discount: https://www.prominentmarketresearch.com/discount-report/147
Global Facial Recognition Market Analysis & Forecast, from 2016 to 2022
To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global Facial Recognition market with analysis of its development and demand in the market
Upcoming technologies, high growth geographies and countries were identified
Regional and country specific demand and forecast for facial recognition were studied
Key segments covered in the report are: technology, services, components and end-user.
Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
Historical trend is identified to forecast and estimate the future value data
Buy Report: https://www.prominentmarketresearch.com/checkout/147
Key Findings
The global facial recognition market is expected to reach USD 8.93 Billion by 2022.
By Technology, 3D Facial Recognition accounts for the largest market share and is growing with approximately ~23.4% CAGR during forecast period.
By End-user, Government industry holds the largest market growing with approximately 22.9% CAGR by the end of forecast period.
Geographically, North America has been projected to have the largest market share in global Facial Recognition market, while Asia-Pacific has been projected to emerge as the fastest growing region.
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Prominent Market Research
Robin
Tel: +1-815-957-4373
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results