Face Recognition Device Market Explore Evaluation 2025 by Top Companies - Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH＆Co. KG, IDEMIA (France)

Market Research Report on Face Recognition Device Industry providing Global (United States, Europe, Japan, Germany, Brazil, China and Others) Market Landscape and its Growth Prospects over the coming years till 2025 is now available at ReportsWeb.com

A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance installations. The identification process is done by comparing the facial features extracted from an image with those previously stored in a facial database.

As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.

Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.

The Face Recognition Device market was valued at 1070 Million US$ in 2017 and is projected to reach 7110 Million US$ by 2025, at a CAGR of 26.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Face Recognition Device.

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The downstream industries of Face Recognition Device are government, banking and finance, travel, migration and criminal. In the recent years, with the rising awareness of security, the enlargement of commercial spending and unsolved high rate of criminal, the consumption increase of Face Recognition Device will be obvious. There is a huge potential need for the Face Recognition Device. In the foreseeable future, the Face Recognition Device will show an optimistic upward trend.

Although sales of Face Recognition Device bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Face Recognition field hastily.

Top Companies Player:

Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH＆Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems, Bioenable

Face Recognition Device Breakdown Data by Type
Handheld Devices
Fixed Devices
Face Recognition Device Breakdown Data by Application
Security and Protection
Transportation
BFSI
Others

Face Recognition Device Production by Region
United States
Europe
China
Japan
South Korea
Other Regions

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The study objectives are:
To analyze and research the global Face Recognition Device status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Face Recognition Device manufacturers, production, revenue, market share, and recent development.

Table of Contents

1 Study Coverage

2 Executive Summary

3 Market Size by Manufacturers

4 Face Recognition Device Production by Regions

5 Face Recognition Device Consumption by Regions

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