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Global Facial Recognition Market 2016-2020

  • January 2016
  • -
  • Infiniti Research Limited
  • -
  • 44 pages

About Facial Recognition

Facial recognition is a biometrics software technology that is used for individual identification and authentication. The identification and authentication process is carried out by comparing an individual's facial features, which are extracted from an image, with those stored in a database. Facial recognition is used in the government, BFSI, and defense sectors for preventing unauthorized access to high-security areas as well as other private and public buildings.

Technavio’s analysts forecast the global facial recognition market to grow at a CAGR of 23.74% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global facial recognition market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services related to facial recognition systems.

The market is divided into the following segments based on end-user:
- Government
- Transportation
- BFSI
- Others

Technavio's report, Global Facial Recognition market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendorsoperating in this market.

Key vendors
- 3M Cogent
- Cognitec Systems
- Gemalto
- NEC
- Safran


Other prominent vendors
- ArcSoft
- Aurora Computer Services
- Aware
- FaceFirst
- Fulcrum Biometrics
- Google
- Imagus Technology
- KeyLemon
- Lathem Time
- Luxand
- Netatmo
- XID Technologies

Market driver
- Emergence of residential and commercial security systems
- For a full, detailed list, view our report

Market challenge
- Privacy issues
- For a full, detailed list, view our report

Market trend
- Shift from 2D to 3D facial recognition
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Table Of Contents

Global Facial Recognition Market 2016-2020
PART 01: Executive summary
- Key findings
PART 02: Scope of the report
PART 03: Market research methodology
- Research methodology
- Economic indicators
PART 04: Introduction
- Key market highlights
- Assumptions
PART 05: Market description
- Workflow of facial recognition systems
- Advantages and disadvantages of facial recognition systems
- Applications of facial recognition systems
- Comparison of facial recognition with other biometrics technologies
PART 06: Market landscape
- Market overview
- Market size and forecast
PART 07: Life cycle analysis
PART 08: Market segmentation by end-user
- Global facial recognition market by end-user
- Global facial recognition market by government sector
- Global facial recognition market by transportation sector
- Global facial recognition market by BFSI sector
PART 09: Geographical segmentation
- Global facial recognition market by geography
- Global facial recognition market by geography (revenue)
PART 10: Buying criteria
PART 11: Market development
- Emergence of multimodal biometrics
PART 12: Market trends
- Shift from 2D to 3D facial recognition
- Emergence of facial analytics
- Commercialization of facial recognition technology
- Integration of facial biometrics in smart cards
PART 13: Market challenges
- Privacy issues
- High error rates
- Competition from non-biometrics technologies
- Lack of established international standards
PART 14: Five forces analysis
PART 15: Key vendor analysis
- Product offerings
- Vendor matrix
- Competitive rating
- Mergers and acquisitions
- Other prominent vendors
PART 16: Appendix
- List of abbreviations
PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Workflow of facial recognition systems
Exhibit 02: Market overview
Exhibit 03: Global facial recognition market 2015-2020 ($ billions)
Exhibit 04: Life cycle analysis
Exhibit 05: Global facial recognition market by end-user 2015-2020
Exhibit 06: Global facial recognition market by government sector 2015-2020 ($ billions)
Exhibit 07: Global facial recognition market by transportation sector 2015-2020 ($ millions)
Exhibit 08: Global facial recognition market by BFSI sector 2015-2020 ($ millions)
Exhibit 09: Global facial recognition market by geography 2015-2020
Exhibit 10: Global facial recognition market by geography 2015-2020 ($ millions)
Exhibit 11: Buying criteria
Exhibit 12: Five forces analysis
Exhibit 13: Comparative rating

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