Our analysts forecast the Global Facial Recognition Biometrics Market to grow at a CAGR of +100% during the period. The high adoption of mobile devices for financial transactions has increased the need for advanced security, which has been driving the market growth. As facial recognition biometrics provides high security and can be easily installed in mobile devices with built-in cameras, the technology is being increasingly used in consumer electronics. However, competition from non-biometric authentication technologies such as PINs and passwords is impeding market growth. These non-biometric solutions have an increased acceptance level among enterprises as they are more cost-effective and user-friendly compared to biometric systems.
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The global facial recognition biometrics in consumer electronics market is highly fragmented because of the presence of numerous small and large vendors. Providers in the market compete based on pricing, quality, innovation, service, reputation, distribution, and promotion.
The high vendor competition has led to an increase in mergers and acquisitions. Briefly citing, their revenue share, contact information and meticulous SWOT analysis is available.
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This study provides an evaluation of aspects that are expected to impact growth of market in an undesired or constructive method. This market has been consistently examined with respect to the corresponding market segments.
Key Players Profiled in this Report:
Cognitec Systems, Dell, Google, HP, 3M Cogent, Allied Time USA, AMD, Animetrics, Apple.
United States, North America, China, Europe, Japan, Southeast Asia, India and RoW.
Leading players in the Global Facial Recognition Biometrics Market are profiled in the report to understand their role in the market and their upcoming strategies. The manufacturing base of each key player and their share in the market for each product and application segment of the Facial Recognition Biometrics market have been described in the report.
The report also evaluates the regulatory scenarios which affect various decisions in this market.
The research report tries to understand the innovative approaches taken by vendors in the global Facial Recognition Biometrics market to offer product differentiation through Porter’s five forces analysis. It also points out the ways in which these companies can strengthen their stand in the market and increase their revenues in the coming years.
Ongoing technological advancements and the unstoppable penetration of Internet in the remote corners of the world are also responsible for the remarkable growth of the global market.
Some of the factors posing a challenge and restricting the growth of the Global Facial Recognition Biometrics Market include changing regulatory compliances, dynamic business activities, and volatile economic conditions. Lack of knowledge about energy consumption and capacity limitation will be other factors inhibiting the growth of this market to the fullest potential.
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Table of Contents
Global Facial Recognition Biometrics Market Research Report 2017
Chapter 1 Global Facial Recognition Biometrics Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market 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
Facial Recognition Biometrics market is also explained to the clients as a holistic snapshot of a competitive landscape within the given competitive forecast period. A comparative analysis of regional players and segmentations, which helps readers get a better understanding of the areas and resources with better understanding.
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