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Global Facial Recognition Market Analysis, Demand and Trends by 2022

Tuesday, November 15, 2016 6:56
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(Before It's News)

Market Scenario:

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.

Market Segmentation:

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:

  • Safran Group (France)
  • NEC Corporation (Japan)
  • Cross Match Technologies (U.S.)
  • Cognitec Systems (Germany)
  • Aware Inc. (U.S)
  • Daon Inc. (U.S.)
  • Gemalto (Netherlands)
  • ZKTeco Inc. (China)
  • Aurora Computer Services (U.S.)
  • FaceFirst Inc. (U.S.)

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Regional Analysis:

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.

Related Report:

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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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.


Akash Anand

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312


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