Facial Recognition Market Projected To Grow From $4.05 Billion In 2017 To Reach $14.95 Billion By 2026 With A CAGR Of 15.6%

Report Sellers has added a new market research report “Facial Recognition - Global Market Outlook (2017-2026)” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, the Global Facial Recognition market is expected to grow from $4.05 billion in 2017 to reach $14.95 billion by 2026 with a CAGR of 15.6%.

Factors such as rising applications in various industry sectors, growing smart phone implementation and increasing instances of identity threats are fueling the market growth. However, misinterpretation of faces or emotions and high initial costs are hindering the market growth. The major opportunities in the market are adoption of cloud-based technology solutions and increasing number of smart city projects across the world.

Facial recognition is a biometric technology capable of identifying or verifying a person by comparing the facial features from an image with the stored facial database. 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.

Browse through the complete description and in-depth TOC on “Facial Recognition Market”
https://www.reportsellers.com/market-research-report/Facial-Recognition-Market-9871

Report offering
• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Report Segments
• Technologies Covered:
o Databases
o Facial Recognition Software and Sdk
o Modeling and Restructuring
o Analytics Solution
o Middleware
• Components Covered:
o Services
o Software Tools
o Hardware
• Use Cases Covered:
o Attendance Tracking and Monitoring
o Law Enforcement
o Emotion Recognition
o Access Control
o Other Use Cases
• Applications Covered:
o Intelligent signage
o Web Application
o Photo Indexing and Sorting
o Physical Security
o Business Intelligence
o ID Management
o Criminal Investigation
o Physical Security
o Other Applications
• End Users Covered:
o Enterprises
o Government
o Transportation
o Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

For the Sample please visit link given below on “Racial Recognition Market”
https://www.reportsellers.com/market-research-report/Facial-Recognition-Market-9871

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