The Global Facial Recognition Market size is expected to grow at an annual average of 16.3% during 2021-2027. Face recognition has recently attracted attention because it has advantages over conventional surveillance technologies such as biometrics. Governments around the world have invested significant resources in facial recognition technology, of which the United States and China are the main adopters. China is one of the leading consumers and exporters of facial recognition technology, and law and enforcement agencies have adopted surveillance technology with several government agencies in the country.
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Company Profile
NEC Corporation (NEC) (Japan)
Aware, Inc. (Aware) (US)
Ayonix Corporation (Ayonix) (Japan)
Cognitec Systems GmbH (Cognitec Systems) (Germany)
NVISO SA (nViso) (Switzerland)
Animetrics (US)
Neurotechnology (Lithuania)
Daon (Ireland)
Stereovision Imaging, Inc. (SVI) (US)
Techno Brain (Dubai)
Innovatrics (Bratislava)
id3 Technologies (id3) (Israel)
Thales (France)
Idemia (France)
Nuance Communications, Inc. (Nuance) (US)
Market – Segmentation
By Technology
3D Facial Recognition
2D Facial Recognition
Facial Analytics
By End User
Security and Law Enforcement
Healthcare
Retail
Other End Users
Scope of the Report
The research study analyzes the Global 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
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o 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
Key Questions Answered by Facial Recognition Market Report
1. What was the Facial Recognition Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Facial Recognition Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Facial Recognition Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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