1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends
  4. > Facial recognition - Global Market Outlook (2015-2022)

Facial recognition - Global Market Outlook (2015-2022)

  • January 2016
  • -
  • Stratistics MRC
  • -
  • 129 pages

Summary

Table of Contents

According to Stratistics MRC, the Global Facial Recognition market is projected to reach $8.74 billion by 2022 growing at a CAGR of 17.83% during the forecast period. Growing Surveillance Market is the key factor fuelling growth of the market. However, interoperability is inhibiting the growth of global facial recognition market. Identifying differences among like faces or appearances poses a key challenge for the market.

Due to growing technological advancements, when compared to the 2D facial recognition technology, 3D facial recognition technology is expected to witness much faster adoption in the near future. The government and law enforcement agencies majorly utilize facial recognition systems for security issues. Additionally, facial recognition systems are being gradually used in BFSI sector to guarantee security and reduce crimes due to the raise in frauds in this sector. Furthermore, to figure out the age, sex, and facial expressions of the customers facial analytics systems are used in the retail industry in order to aim them for marketing suitable products of the respective company.

Some of the key players in Global Facial Recognition market are NEC Corporation, Cross Match Technologies Inc., Animetrics, Inc., Cognitec Systems, Safran Group (Morpho S.A.), Aware Inc., Ayonix, Inc., 3M Cogent Inc., FaceFirst Inc., ZK Software, DAON, Inc., Gemalto, RCG Holdings Ltd., Iris Id Systems Inc. and Avalon Biometrics.

Technologies covered:
- Thermal Technology
- Mobile Facial Recognition
- Forensic technology
- Facial Analytics
- Emotion Technology
- 3D Facial Recognition
- 2D Facial Recognition
- Others

Services covered:
- Consulting services
- Cloud based services
- Others

Industries covered:
- Banking, Financial Services, and Insurance (BFSI)
- Government
- Homeland Security
- Military
- Retail Industry
- Automotive
- Others
- Modeling & Restructuring
- Middleware

Software covered:
- Facial Recognition Software
- Databases
- Analytics Solutions
- Others

Hardware covered:
- Cameras (Motion Sensing)
- Scanners
- Handheld Facial Recognition Device
- Integrated Devices
- Others

Regions Covered:
- North America
o US
o Canada
o Mexico
- Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
- Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
- Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements



Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Global Markets and Technologies for Voice Recognition

Global Markets and Technologies for Voice Recognition

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Evaluate the market opportunity for voice recognition technology providers. - Learn about the advances in machine learning, statistical data-mining techniques, ubiquitous mobile ...

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Video surveillance market is projected to grow at a CAGR of 15.4% between 2017 and 2022” The video surveillance market was valued at 30.37 billion in 2016 and is projected to reach USD 75.64 billion ...

Global Airport Security Equipment - Aerospace

Global Airport Security Equipment - Aerospace

  • $ 4950
  • Industry report
  • March 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Airport Security Equipment in US$ Thousand by the following Product Segments: Explosives Detection, X-ray & Infrared Equipment, Metal Detectors, Perimete ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.