Press release
Global Face Recognition Systems Market Analysis 2022: Impressively growing Latest Technology Trends with Top Manufactures and Business Opportunities
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The global market is expected to grow from USD 3.37 Billion in 2016 to USD 7.76 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of +12%. The base year considered for the study is 2018 and the forecast period is 2018–2022.
Face Recognition Systems market is expected to witness robust growth during the forecast period owing to its increasing usage in both law enforcement and non-law enforcement applications. Moreover, facial recognition is widely preferred over other biometric technologies, such as voice recognition, skin texture recognition, iris recognition, and fingerprint scanning, due to its non-contact process and easy deployment. Currently, this technology is majorly used for security and marketing purpose.
The Major Key players included in global market This report focuses on the top players in global market, like Amdocs, TCS, IBM, HP, Alcatel-Lucent, Capgemini, CGI, Cognizant, Infosys, Maverick systems, NTT Data, TCS, Tech Mahindra, Wipro.
The global facial recognition market is spread across North America, Asia Pacific, Europe, the Middle East and Africa, Latin America from a region-wise perspective. North America currently holds a leading position in this market owing to a strong infrastructure existing for developing new technologies, as well as large investments made by players to develop this sector.
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology developments, types, applications, and the competitive landscape
This Face Recognition Systems market report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges Competitive insights
Opportunity mapping in terms of technological breakthroughs
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Table of Content:
Face Recognition Systems Market Research Report 2018-2023
Chapter 1: Face Recognition Systems Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Face Recognition Systems Market Competition by Manufacturers
Chapter 4: Production, Revenue (Value) by Region
Chapter 5: Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Production, Revenue (Value), Price Trend by Type
Chapter 7: Face Recognition Systems 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: Face Recognition Systems Market Effect Factors Analysis
Chapter 12: Face Recognition Systems Market Forecast
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About Company:
We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.
Name: Vijay Tanna
Company: IT Intelligence Markets
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