IT Intelligence Markets

+21% CAGR Projection for Face Recognition Technology Market: Expert Research on Current Scenario, Market Analysis, Product Analysis & Regional Analysis from 2018 to 2023

Face Recognition Technology Market Estimated to Grow at a CAGR of +21% During Forecast Period


Pune, India -- (SBWIRE) -- 06/13/2018 -- Facial recognition is a biometric technology used for authentication and identification of individuals by comparing the facial features from an image with the stored facial database. It is expected to witness robust growth during the forecast period owing to its increasing usage in both law enforcement and non-law enforcement applications. Moreover, facial recognition is widely preferred over other biometric technologies, such as voice recognition, skin texture recognition, iris recognition, and fingerprint scanning, due to its non-contact process and easy deployment (using cameras and existing monitoring devices).

This report provides detailed analysis of the global Face Recognition Technology market from the past years and provides extensive market forecasts 2017-2025 by region/country and subsectors. It covers the key technological and market trends and further lays out an analysis of the factors influencing the supply/demand for the global market, and the opportunities/challenges faced by industry participants.

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Top key Vendors:
3M, NEC Corporation, Aware Inc., Safran Group, Animetrics, Inc., Daon Inc., Ayonix Corp., Cognitec Systems GmbH, Keylemon Inc., Nviso SA

The technology segment includes 2D, 3D, and facial analytics. Among the three, the 3D facial recognition technology segment holds significant share in the world facial recognition market owing to its high accuracy in terms of recognizing facial features as compared to 2D facial recognition. The component segment is bifurcated into hardware (scanners, cameras, handheld devices, integrated devices) and software.

The vast amount of market data that is available in any market, in general, makes it a tough task to narrow it down to the most crucial details and statistics relevant to the business issues at hand. This report can effectively help companies and decision makers in addressing these challenges strategically to gain the maximum benefits in the highly competitive Face Recognition Technology market.

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Table Of Content:

Chapter 1 Industry Overview of Face Recognition Technology Market

Chapter 2 Manufacturing Cost Structure Analysis of Face Recognition Technology Market

Chapter 3 Technical Data and Manufacturing Plants Analysis of Face Recognition Technology Market

Chapter 4 Global Face Recognition Technology Overall Market Overview

Chapter 5 Face Recognition Technology Regional Market Analysis

Chapter 6 Major Manufacturers Analysis of Face Recognition Technology

Chapter 7 Development Trend of Analysis of Face Recognition Technology Market

Chapter 8 Face Recognition Technology Marketing Type Analysis

Chapter 9 Conclusion of the Global Face Recognition Technology Market Professional Survey Report 2018

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