Facial Recognition Market Analysis, Market Size, Regional Outlook, Competitive Strategies and Forecasts, 2018 To 2023, Focusing on Top Key Vendors like Aware (US), NEC Corporation (Japan), Ayonix Corp. (Japan), Cognitec Systems (Germany), Key Lemon (Switzerland), nViso (Switzerland)
Pune, India -- (SBWIRE) -- 04/09/2018 -- 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. 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. Currently, this technology is majorly used for security and marketing purpose.
This statistical survey report on Global Facial Recognition Market is a comprehensive study of industry, the latest contours, industry development, drivers and redemption. It provides market forecasts over the next few years. This includes a break-through of innovation, an analysis of Porter's five forces analysis, and an analysis of the gradual profile of an evenly-chosen industry competitor. The report also analyzes the trivial and full-fledged factors identified in the market as new and potential candidates, along with systematic and valuable value chain exploration.
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On the basis of software tools, the facial recognition technology segment is expected to have the largest market size during forecast period. The facial recognition model overcomes the drawbacks of the 2D facial recognition technology. facial technology is not dependent on illumination, which enables it to capture high-quality images in uncontrolled environments, such as poorly lit or completely dark areas. The facial recognition technology has a high potential to analyze, identify, and verify the facial characteristics of individuals. The facial recognition technologies are used in applications areas, such as cross-border monitoring, document verification, and identity management.
Companies Profiled in this report includes, Aware (US), NEC Corporation (Japan), Ayonix Corp. (Japan), Cognitec Systems (Germany), Key Lemon (Switzerland), nViso (Switzerland), Herta Security (Spain), Techno Brain (Kenya), Neurotechnology (Lithuania), Daon (US), Animetrics (US), 3M Company (US), IDEMIA (France), and Gemalto (Netherlands).
The competitive landscape of the global Facial Recognition market is discussed in the report, including the player's market share. This report introduces leading companies in the global marketplace for in-depth research into market challenges and challenges. The report also considers approaches that major companies are implementing to maintain support for the industry. Business synopses and financial overview of each company were reviewed.
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Based on geographical areas, the world Facial Recognition markets are broadly divided into Latin America, Europe, the Middle East and Africa and Asia Pacific. The world market is still in exploration in most areas, but it has the promising potential to grow steadily over the next few years. The major players investing in this market are in Canada, the United Kingdom, the United States, India, China and some Asia Pacific countries. As a result, Asia Pacific, North America and Western Europe are expected to account for more than half of the total market share over the next few years.
At the end of the report, a manufacturer is announced who is responsible for increasing sales in the Facial Recognition market. These manufacturers have been analyzed in terms of manufacturing base, basic information and competitors. In addition, the technology and product types introduced by each manufacturer are also an important part of this section of the report.
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Table of Content:
Global Facial Recognition Market Research Report 2018-2023
Chapter 1 Facial Recognition Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Chapter 13 Appendix