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The Facial Recognition Market registers growth in speed with high customer acquisition rates

07-19-2017 02:19 PM CET | IT, New Media & Software

Press release from: Big Research Market

The Facial Recognition Market registers growth in speed with

Big Market Research added a report on “Global Facial Recognition Market 2017-2021”

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. 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.

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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

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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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