Title: Facial Recognition Market
1Facial Recognition MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- The market for Facial Recognition Market is
forecast to reach 47.28 billion by 2026, growing
at a CAGR of 7.9 from 2021 to 2026. - The Facial Recognition Market is estimated to
witness substantial growth over the forecast
period primarily due to high adoption of facial
recognition technology in various applications
and increasing investment in facial recognition
technologies by government and defense sector. - Facial recognition technology is a type of
thermal recognition biometric technology that is
used for Identity verification services using
their face.
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- Key Takeaways
- Facial Recognition Market is estimated to witness
substantial growth over the forecast period
primarily due to increasing investments by
governments and public bodies and rising usage in
different applications. - Technological advancements in payments and
transactions have enhanced security protection
thereby increasing demand for the market. - Facial recognition payment is being implemented
in different applications such as E-commerce,
ATMs which increasing its demand.
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By Distribution Channel- Segment Analysis The
market segment by technology type is classified
into 2D, 3D and facial analytics. The market
segment by core type into emotion recognition,
attendance tracking and monitoring, access
control, security and surveillance and others.
Global Application Processor by Geography has
been segmented into North America, Europe, APAC,
South-America and RoW. APAC is projected to hold
the largest share of 45 in the forecast period
due to the growing number of investments in
security and surveillance, due to high criminal
activities.
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- Facial Recognition Market Industry Outlook
- Aware Inc
- Face Phi
- NEC Corporation
- IDIMIA
- TECH5 SA
- Onfido
- Ayonix Corporation
- Gelmalto NV
- Cognitec Systems GmbH
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Facial Recognition Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Facial-Recog
nition-Market-Research-500827
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
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