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.
Facial Recognition Market by Component, Technology, Use Case (Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Law Enforcement), End-User, and Region - Global Forecast to 2025", The global facial recognition market is expected to grow from USD 5.05 Billion in 2019 to USD 7.76 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of +15%. The increased need for enhanced surveillance and monitoring at public places and the increased use of facial recognition technologies in industries, such as the government are expected to be driving the facial recognition market growth.
Facial recognition technologies are used to minimize the threats associated with terrorism and border securities. The growing need for surveillance at public places is expected to be one of the major factors that drives the growth of the facial recognition market.
For a strong effective business outlook, Research N Reports has added an advanced data to its source titled as global Facial recognition market. This analytical information studies about the different product segments, applications as well as end users of the globalFacial recognition sector.
This following research document highlights on the current statistics about the market to comprehend the ongoing trends in the businesses.
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Companies Profiled in this report includes
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.
The report focuses on the major advanced technology platforms and tools implemented by the various top-level companies, which helps to enhance the productivity of the industries. This statistical data also includes recent developments carried out by top key players.
This report has been summarized with numerous facts such as investments, profit margin, and much more.
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Geographically, a well-developed infrastructure of the global Facial recognition market, its awareness, regulatory framework are some of the factors that are driving the North Americans, Europe, Asia-Pacific, Middle East & Africans, and Latin Americans global market. The market is rapidly improving on the grounds of the booming Facial recognition industry in these regions and is the prime driver for the growth of the market.
The Facial recognition market research report comprises of an in-depth assessment of modest landscape of the global market. Moreover, the marketing approaches of the overall market presents an understanding of their achievement in the forthcoming years.
Table of Contents
Global Facial recognition Market Research Report
Chapter 1 Facial recognition 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
Chapter 12 Global Facial recognition Market Forecast
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