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The global facial recognition market size reached US$ 6.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.3 Billion by 2028, exhibiting a growth rate (CAGR) of 18.3% during 2023-2028...READ More : https://www.imarcgroup.com/facial-recognition-market<br>::
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Global Facial Recognition Market Research Report 2023-2028 Author: Elena Anderson Marketing Manager IMARC Group © 2022 IMARC All Rights Reserved Copyright © IMARC Service Pvt Ltd. All Rights Reserved
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Report Description and Highlights Global Facial Recognition Market Outlook 2023-2028 : According to the latest report by IMARC Group, titled "Facial Recognition Market Size: Global Industry Trends, Share, Growth, Opportunity, and Forecast 2023-2028,"the global facial recognition market size reached US$ 6.0 Billion in 2022. The market is anticipated to grow at a CAGR of 18.3% during 2023-2028. Facial recognition is a biometric technology that is widely deployed for the authentication and identification of individuals. This technology compares the facial features of a person with the stored facial database using deep learning algorithms. It assists in capturing, analyzing and comparing patterns in an efficient manner to facilitate a non-contact process for authentication without the need for physical contact for verification. It can be widely integrated with numerous advanced technologies to safeguard an infrastructure in a better manner. Consequently, it is increasingly utilized as a key security component in criminal investigations, identity management, homeland security, intelligent signage and photo indexing. Request a Free PDF Sample of the Report : https://www.imarcgroup.com/facial-recognition-market/requestsample Report Description
Report Description and Highlights Report Description Global Facial Recognition Market Trends: The global market is majorly driven by the rising incidences of terrorist activities, identity thefts and cyber-attacks. Facial recognition is widely deployed for high-level security and smart surveillance systems across public and private sectors, thereby providing an impetus to the market growth. These recognitions are also being integrated with multi-factor authentication systems to offer enhanced security for sensitive data, which is acting as a major growth-inducing factor. Additionally, continual technological advancements, including the development of 3D recognition systems to recognize faces from several viewing angles and precisely determine changes in facial characteristics, are also contributing to the market growth. Moreover, these systems are increasingly being used in the healthcare sector to replace passwords and provide healthcare providers a relatively quicker access to the patients and their records. Some of the other factors favorably impacting the market growth include the rising adoption of cloud-based surveillance systems and extensive research and development (R&D) activities. View Report TOC, Figures and Tables: https://www.imarcgroup.com/facial-recognition-market
Report Description and Highlights Report Description • Key Market Segmentation: • The report has segmented the global facial recognition market on the basis of type, component, deployment mode, organization size and vertical. • Component Insights: • Software • Services • Application Insights: • Emotion Recognition • Attendance Tracking and Monitoring • Access Control • Security and Surveillance • Others
Report Description and Highlights Report Description • End Use Industry Insights: • Retail and E-commerce • BFSI • Government and Defense • Automotive and Transportation • Media and Entertainment • Healthcare • Telecom and IT • Others • Technology Insights: • 2D Facial Recognition • 3D Facial Recognition • Facial Analytics
Report Description and Highlights Report Description • Regional Insights: • Asia Pacific • North America • Europe • Middle East and Africa • Latin America • Ask Analyst for Customization and Explore full Report with TOC & List of Figures: • https://www.imarcgroup.com/request?type=report&id=2458&flag=E
Report Description and Highlights Report Description • Competitive Landscape With Key Players: • The competitive landscape Global Facial Recognition Market has been studied in the report with the detailed profiles of the key players operating in the market. • 3M Company • Animetrics Inc. • Aware Inc. • Ayonix Corporation • Cognitec Systems GmbH • Daon Inc. • FaceFirst Inc. • FacePhiBiometria • IDEMIA (Advent International) • NEC Corporation • Safran Group • Thales Group
Key Questions Answered in the Report Report Description • What was the size of the global facial recognition market in 2022? • What is the expected growth rate of the global facial recognition market during 2023-2028? • What are the key factors driving the global facial recognition market? • What has been the impact of COVID-19 on the global facial recognition market? • What is the breakup of the global facial recognition market based on the component? • What is the breakup of the global facial recognition market based on the technology? • What is the breakup of the global facial recognition market based on the application? • What is the breakup of the global facial recognition market based on the end use industry? • What are the key regions in the global facial recognition market? • Who are the key players/companies in the global facial recognition market?
Table of Contents Report Description Preface Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.3.1 Primary Sources 2.3.2 Secondary Sources 2.4 Market Estimation 2.4.1 Bottom-Up Approach 2.4.2 Top-Down Approach 2.5 Forecasting Methodology Executive Summary Introduction 4.1 Overview4.2 Key Industry Trends
Table of Contents Report Description 5 Global Facial Recognition Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Component 6.1 Software 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Services 6.2.1 Market Trends 6.2.2 Market Forecast Click here to visit the complete table of content with list of figures and tables: https://www.imarcgroup.com/facial-recognition-market/toc
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Partial List of Clients • We are the trusted business partners to the world's leading corporates, governments, and institutions A partial List of our Clients
Report Description and Highlights Report Description © 2022 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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