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Stocks of companies operating in the facial recognition market to hit record high according to new research report

Stocks of companies operating in the facial recognition market to hit record high according to new research report

Technavio’s analysts forecast the global facial recognition market to grow at a CAGR of 22.53% during the period 2017-2021.

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About Facial Recognition

Facial recognition technology market is used for the identification of an individual. Facial recognition system measures the overall facial features of a person, which includes the eyes, mouth, nose, and jaw edges.

It is being used in high-security areas for control access. Facial recognition is largely used in the government, financial, transit, and aviation sectors to identify and authenticate individuals.

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Facial recognition systems are widely accepted as they are non-intrusive, and they can work from a distance of more than two feet.

Technavio’s analysts forecast the global facial recognition market to grow at a CAGR of 22.53% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global facial recognition market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of biometrics solutions, including hardware, software, integrated solutions, and services used in facial recognition systems.

Report: goo.gl/WNEfhG

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Facial Recognition Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

3M Cogent

Cognitec Systems

NEC

Safran

Other prominent vendors

ArcSoft

Aurora Computer Services

Aware

FaceFirst

Fulcrum Biometrics

Gemalto

Google

Herta Security

Imagus Technology

Report: goo.gl/9nrzr9

Market driver

Increasing instances of identity threats

For a full, detailed list, view our report

Market challenge

High cost of deployment

For a full, detailed list, view our report

Market trend

Integration of facial recognition in video surveillance

For a full, detailed list, view our report

Table of Contents

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Economic overview

PART 06: Market landscape

PART 07: Market segmentation by technology

PART 08: Market segmentation by deployment model

PART 09: Market segmentation by end-user

PART 10: Geographical segmentation

PART 11: Decision framework

PART 12: Drivers and challenges

PART 13: Market trends

PART 14: Five forces analysis

 

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