Global Facial Recognition Market

1
Global Facial Recognition Market

• Publish By
• Accurize Market Research

2
Global Facial Recognition Market is Estimated to
Reach 17 Billion by 2025

• Global facial recognition market report published
  by Accurize Market Research forecast that the
  global market is expected to reach 17 billion by
  2025 growing at a CAGR of 21.4 from 2017 to
  2025. By geography, Asia Pacific and North
  America are expected to grow at a CAGR of XX and
  XX, respectively, during the forecast period.
• Request Sample https//www.accurizemarketresearch
  .com/report/facial-recognition-market/sample-reque
  st

3
Upsurgein the use of facial recognition
technologies in industries such as defense and
government across the globe to drive the growth
of the market

• Upsurge in the use of facial recognition
  technologies in industries such as defense and
  government fuels the demand for the global facial
  recognition market. Moreover, rising demand for
  improved monitoring and surveillance at public
  places also boosts the growth of the market.

4
Market Segmentation

• The global facial recognition market has been
  bifurcated on the basis of component, technology,
  application, and geography. The component type
  segment includes hardware and software.
  Technology segment is categorized as 2D facial
  recognition, 3D facial recognition, and facial
  analytics. Further, applications segment includes
  Homeland security, physical security, intelligent
  signage, criminal investigation, ID management,
  web application, business intelligence, photo
  indexing and sorting, and other application (VIP
  recognition, automotive and phone, PC banking
  login).
• By geography the market is segmented into North
  America, Europe, Asia-Pacific and Rest of the
  World (RoW). The country wise analysis has been
  also covered under the scope of the report. North
  America covers the U.S., Canada, and Mexico
  wherein Europe covers UK, Germany, France, Italy,
  Russia, and Rest of Europe. China, Japan, India,
  South Korea, and Rest of Asia-Pacific are covered
  under the Asia-Pacific. Rest of the World (RoW)
  includes South America, Middle East, and Africa.

5
Software accounted for the largest market share
in the component segment", says Accurize

• Bycomponent segment,software accounted for the
  largest market share in 2017, andis expected to
  grow with fastest CAGR in the component segment
  during the forecast period 2017 2025. Moreover,
  hardware dominated the component segment with
  largest market share in 2017.
• 3D facial recognition accounted for the leading
  share in 2017, in the technology segment and is
  expected to continue its trend during the
  forecast period 2017 2025. The high growth is
  attributed to its high accuracy compared to 2D
  facial recognition in terms of recognizing facial
  features.

6
Homeland Security accounted for the largest
market share in the application segment", says
Accurize

• By application segment, Homeland Security
  accounted for the largest market share in 2017,
  and In terms of growth, intelligent signage is
  likely to grow with fastest CAGR during the
  forecast period owing to its growing worries of
  security and use of marketing tactics to analyze
  the clients based on their gender, age, and other
  facial attributes.

7
North America dominated the global market with
the highest market share over the forecast
period", says Accurize

• In 2017, North America generated the highest
  revenue accounting for 37 of the total market
  share. In terms of growth Asia-Pacific is
  expected to attain the fastest CAGR during the
  forecast period 2017 2025, owing to factors
  such as huge investments from the government
  sector toward security and surveillance
  infrastructure, increased public awareness, and
  mandatory regulations imposed by the government
  regulatory entities in the region.
• Ask For Customized Report https//www.accurizemar
  ketresearch.com/report/facial-recognition-market/a
  sk-for-customization

8
Top players in the market

• The key market players include 3M
• Aware, Inc.
• NEC Corporation
• Cognitec Systems GmbH
• Crossmatch
• Nuance Communications Inc.
• International Business Machines Corporation
  (IBM)
• FaceFirst Inc.
• Daon and
• Animetrics Inc. among others.

9
Contact Us

• Accurize Market Research Pvt. Ltd.
• Email help_at_accurizemarketresearch.com
• Contact No 1-339-368-6383