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(I-SoftwareNews.Com, August 10, 2018 ) Facial recognition is the fastest biometric technology, which works with the most recognizable individual identifier – the human face. This biometric has been widely publicized as a phenomenal system for recognizing potential threats. The widespread applications of facial recognition technology have given rise to anticipations of it overtaking fingerprint biometrics as the most prevalent form of user authentication. Global facial recognition market, in terms of revenue, which was estimated at US$ 3405.3 million in 2017, is expected to reach US$ 8363.3 million in 2022.
On the basis of end user, global market is segmented into government, enterprises and others (automotive, public places, etc.). Amongst these segments, government held the largest market share in terms of revenue and it is also anticipated to be the fastest growing market in terms of CAGR. This rapid and fast paced growth is attribute to the increasing need to tighten territorial and cross border security. Increasing terrorist attacks and other criminal activities has driven the adoption of facial recognition in Homeland Security, and military and defense sectors.
Key Players;
3M, Animetrics, Aware, Inc., Ayonix corp., Cognitec Systems GmbH, Crossmatch, Daon, FaceFirst, Gemalto NV, Herta Security, IBM Corporation, IDEMIA, KeyLemon Ind., NEC Corporation, Neurotechnology, Nuance Communications, Inc., nViso SA., Techno Brain, amongst others.
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This report presents a 360-degree overview of the competitive scenario of the Global Facial Recognition market. The report includes massive data relating to the recent product and technological developments observed in the market, complete with an analysis of the impact of these advancements on the market’s future development. The research report analyzes the global Facial Recognition market in a detailed manner by explaining the key aspects of the market that are expected to have a quantifiable influence on its developmental prospects over the forecast period.
This study estimates the factors that are boosting the development of the global Facial Recognition market, on the basis of key principles segments such as end-users, application, product, technology, and region are surveyed comprehensively. A thorough examination has been done in this report to bring about the share and position of global Facial Recognition market. In the report, a complete analysis of the growth revenue is offered.
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Analysis tools such as Porter’s five forces analysis and SWOT analysis have also been utilized for analyzing the market data. The major tactics adopted by the well-established competitors for a better penetration in the Global Facial Recognition Market also form a key division of this study. These approaches can be applied by the imminent vendors for a better infiltration in the market. While the demand is expected to remain high in developed nations, over the forecast period emerging nations will offer lucrative opportunities as well.
Table of Contents:
Global Facial Recognition Market Research Report 2018-2021
Chapter 1 Facial Recognition Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturers
Chapter 4 Production, Revenue (Value) by Region (2018-2021)
Chapter 5 Supply (Production), Consumption, Export, Import by Regions (2018-2021)
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Facial Recognition Market Forecast (2018-2021)
Chapter 13 Appendix
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Absolute Markets Insights
Shreyas Tanna
+91-740-024-2424
sales@absolutemarketsinsights.com
Source: EmailWire.Com 
Source: EmailWire.com
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