Global Facial Recognition Market has been valued at US $XX billion in the year 2015 which is growing with the CAGR of XX%. Facial Recognition is a biometric software application which identifies a person in a digital image by analyzing the face and comparing it with pre-loaded data. As security concerns are increasing, the market of facial Recognition Market is growing at substantial rate.
Segmentation by Technology: 2D recognition, 3D recognition, Thermal recognition among others.
Segmentation by Hardware & Software: Face recognition Software, Analytics, DBMS, Camera, Scanners among others.
Segmentation by Vertical: SME’s & Large organizations, Government, Security Agencies, Home Security among others.
Key Players of Facial Recognition Market:
North America is dominating the market of Facial Recognition Market with the market share of XX%. Technological advancement and increase in the security issues in the North American countries are the major driver of the facial recognition market in the North America. Currently, North America Facial Recognition market has been valued at US $XX billion which is expected to grow at US $XX billion by the end of forecasted period. Europe stands as second biggest market for the facial recognition with the market share of XX%. Asia-Pacific Facial Recognition market has been valued at US $XX billion which is growing with the CAGR of XX% and expected to reach market size of US $XX billion by the end of forecasted period.
Global 3D Integrated Circuit Market, by Application (Medical, Automotive, Consumer electronics, Military), by Component (Sensors, Diodes, MEMS, Interposer), by 3D Technology (Wafer-level packaging, System Integration) – Forecast 2022
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