openPR Logo
Press release

Facial Recognition Market | Future state of the competitive landscape | Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Fujitsu, ZK Software, and 3m Cogent

10-11-2018 01:00 PM CET | IT, New Media & Software

Press release from: TMR Research

Facial Recognition Market | Future state of the competitive landscape | Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Fujitsu, ZK Software, and 3m Cogent

A few international vendors, such as Cognitec Systems, 3M Cogent, Safran, Gemalto, and NEC, have stronghold over the global facial recognition market, dominating with their technological and financial might, feeding their biometric technology customers. However, the competition itself among these market leaders is quite intense, with research and development of innovative products at its backbone.

The global facial recognition market is expected to gain from several new trends, including the shift from 2D to 3D facial recognition, advancements such as cloud-based services, emergence of facial analytics, growing application in mobile security and drones, increasing application in physical security and intelligent signage, commercialization of facial recognition technology to the corporate sector, and incrementing integration of facial biometrics with smart cards. On the other hand, factors such as privacy concerns, significant error rates, competition from non-biometric technologies, and the lack of established international standards are expected to hinder the market from achieving its true potential in the near future.

Request Brochure of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=443

This report on the global facial recognition market has been prepared to act as dependable document for audiences such as government including homeland security and military, enterprises including banking, financial services and insurance (BFSI), and retail, and other consumers. A number of key companies operational in the facial recognition market have been profiled in the report in order to present qualitative and quantitative scenario of the market, and studies their product portfolio as well as recent strategic decision to evaluate the future.

Global Facial Recognition Market: Overview

Facial recognition refers to a complex computer application used to robotically identify a creature from a video mount or digital image source. One of the methods of doing this is by equating the selected facial features from a facial database and the image fed by the video mount or the digital image source. Technological developments in the field have significantly improved the accuracy with which the target is identified.

Facial recognition systems are generally used for surveillance and security purposes, however, the range of applications using these complex systems is rising at a significant pace in the global market. Some advanced systems are also used to compare and match other biometrics such as eyes and fingerprints by comparing this data with digital databases.

Facial recognition is increasingly emerging as one of the most preferred technologies for authentication and identification of a variety of subjects, ranging from animals to humans. The technology is not restricted to its traditional application of facial detection any longer. Its present usage includes photo tagging, refining search engine searches based on facial images, identifying age, sex, and ethnicity of a person in retail stores, gathering intelligence on buying pattern in retail shops, and identifying missing persons.

Request TOC of the report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=443

Global Facial Recognition Market: Scope of the Report

This report on the global facial recognition market presents a thorough overview of the present growth dynamics of the market and its key segments. The report also includes vast projections related to the growth prospects of the market on global and regional fronts over the period between 2017 and 2025. The report includes a detailed analysis of the notable factors expected to have a significant influence on the market’s growth prospects, including drivers, challenges, opportunities, trends, regulatory scenario, and state of competition.

The report also includes a detailed overview of the competitive landscape of the global facial recognition market, wherein detailed profiles of some of the key vendors in the market and recent developments, in terms of aspects such as technology, product, and M&A activities are analyzed. Companies are profiled with the help of a detailed SWOT analysis and details regarding aspects such as product portfolio, finances, growth strategies, and geographical presence.

Global Facial Recognition Market: Drivers and Restraints

The key drivers of this market include increase in surveillance market and enormous spending on biometric technologies by government agencies, which is the leading end-use segment contributing to the revenue of the market. Some of the factors restraining the market growth are issues regarding interoperability with existing security systems, delay in execution due to apprehension and bureaucracy about privacy intrusion.

Global Facial Recognition Market: Segmentation

The facial recognition market could be segmented on the basis of technology and solutions into 2D, thermal, emotion, 3D, forensic, and mobile facial recognition technologies. In addition the market has been segmented on the basis of software types, including which includes face recognition algorithm, database, modeling, middleware, restructuring, and analytics software.

Read Comprehensive Overview of Report @ www.tmrresearch.com/facial-recognition-market

Some of the key players operating in the market are Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Fujitsu, ZK Software, and 3m Cogent.

About Us:
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Contact Us:
Rohit Bhisey
Head Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Facial Recognition Market | Future state of the competitive landscape | Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Fujitsu, ZK Software, and 3m Cogent here

News-ID: 1296820 • Views: 122

More Releases from TMR Research

Weigh in Motion Market Share and Growth Factors Impact Analysis 2018 – 2028
Weigh in Motion Market – Introduction Weigh in motion (WIM) devices are specifically designed equipment to record the truck axle & gross vehicle weights as they drive over a measuring site or a sensor. The existing weigh in motion systems are witnessing an increasing traction over the conventional static weigh stations, as they don’t require the vehicle to stop, which make them a more efficient option. Numerous benefits of weigh
Gas Analysis Systems Market Competitive Landscape Analysis with Forecast by 2028
Gas Analysis Systems Market Introduction Gas analysis systems are used to monitor or analyze various chemical gases present in the product or sample. It helps in identifying the gas and also provides information on the quantity, displaying in the numerical or graphical form. The standard gas analysis system includes sample probe, line, filter, gas conditioning system including pump, cooler, and calibration gas system, and series of gas analyzers. Industries across sectors
VRF System Market - Product Application 2028 | Commercial Residential Others (Me …
VRF System Market – Introduction Variable refrigerant flow (VRF) system is widely adopted to control the amount of refrigerant flowing to various evaporators with different configurations and capacities. This growing adoption of VRF systems is attributed to their ability to provide comfort without swings at room temperature by offering the desired supply of heating or cooling when the need arises. VRF system caters to various applications owing to its availability
Digital Out of Home Market Dynamic Business Environment during 2018 - 2028
Digital Out of Home Market– Introduction Digital out of home (DOOH), also referred to as digital signage is a modern form of advertising that has effectively replaced traditional forms of advertising and marketing. Digital out of home advertising enables local vendors and advertisers to engage customers in real time, and track and monitor the effectiveness of their marketing messages. DOOH is a rapidly growing and dynamically-served visual mode of advertising

All 25823 Releases


More Releases for Facial Recognition Cognitec

3M, Cognitec Systems, Safran, Daon Are Some Key Companies in Facial Recognition …
Facial Recognition Market size is projected to experience a substantial growth during the forecast time-period owing to the high penetration in the commercial and government sectors for work enhancement and security management purposes. Rampant crime and terroristic activities across the world have led to government bodies, such as the FBI, CIA and other law enforcement agencies, in undertaking stringent counter-measures for the identification of criminals and offenders post the occurrence
Facial Recognition Technology Market Focuses On Global Top Players - Aware, Ayon …
The Latest Research Report Global Facial Recognition Technology Market Size, Status and Forecast 2025 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. – MarketResearchReports.biz The main objective of this report is to aid the user in understanding the market as a whole, its definitions, segmentation, market potential, influential trends, and the barriers that it is facing. Meticulous research and analysis were an important part
Facial Recognition Technology Market 2018 Global Analysis By Key Players – Awa …
Summary WiseGuyReports.com adds “Facial Recognition Technology Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “Facial Recognition Technology Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Facial Recognition Technology Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
Global Facial Recognition Market 2018- Aware, NEC, Ayonix, Cognitec Systems, Key …
The Global Facial Recognition Industry 2018 Market Research Report is a professional and in-depth study on the current state of the Facial Recognition industry. Firstly, Facial Recognition Market report provides a basic overview of the Facial Recognition industry including definitions, classifications, applications and Facial Recognition industry chain structure. Global Facial Recognition Market analysis is provided for the international market including development history, Facial Recognition industry competitive landscape analysis, and major regions