The 2D facial recognition market size was valued at $3 billion in 2020, and is projected to reach $16 billion by 2028, growing at a CAGR of 16% from 2022 to 2028. Facial recognition is a way of recognizing a human face through technology. A facial detection system uses biometrics to map facial features from a photograph or video. It compares information with a database of known faces to find a match. Moreover, the accuracy of facial recognition systems has improved way better in the last decade.
Key Players
- 3M
- Animetrics Inc.
- Cognitec Systems GmbH
- Crossmatch
- Daon Inc.
- FaceFirst, Inc.
- IBM Corporation
- Microsoft Corporation
- NEC Corporation
By Type
- 2D
- 3D
- Facial Analytics
By Application
- Access Control
- Attendance Tracking & Monitoring
- Emotion Recognition
- Security & Surveillance
- Others
Scope of the Report
The research study analyses the 2D Facial Recognition Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
- Market Overview and growth analysis
- Import and Export Overview
- Volume Analysis
- Current Market Trends and Future Outlook
- Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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