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Facial Recognition Market by Top Manufacturers – NEC Corporation, 3M Cogent, Aware Inc., Animetrics Inc., Precise Biometrics, Aurora Computer Services Ltd., Ayonix Inc., Nuance Communications

12-14-2018 06:08 AM CET | Health & Medicine

Press release from: Big Market Research

Facial Recognition Market

Facial Recognition Market

Global Facial Recognition Market valued approximately USD XXX billion in 2016 is forecasted to grow with a healthy growth rate of more than XX% over the forecast period 2018-2025. The major factors speculated to augment the markets are growing security requirements in government sectors for employee attendance and identification. Facial recognition is a biometric technology which provides high-level security for public and private sectors. It considers selected facial features and compares them with a database to provide authorization. Facial recognition system includes software, readers, and related database for providing accuracy along with security.

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The regional analysis of Global Facial Recognition Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North American region is the leading region across the world in terms of market share. Whereas, owing to countries viz. India, Indonesia, China, and Japan, the Asia Pacific region is expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Technology:
• 2D
• 3D
• Facial Analytics

By Application:
• Financial Services & Banking
• Homeland Security
• Government
• Retail
• Military
• Others

The industry is seeming to be fairly competitive. Some of the leading market players include NEC Corporation, 3M Cogent, Aware Inc., Animetrics Inc., Precise Biometrics, Aurora Computer Services Ltd., Ayonix Inc., Nuance Communications, FaceFirst, Safran Group, and so on. The fierce competitiveness has made these players spend in product developments to improve the customers requirements.

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TABLE OF CONTENTS
Chapter 1.Global Facial Recognition Market Definition & Scope
1.1.Research Objective
1.2.Market Definition
1.3.Scope of The Study
1.4.Years Considered for The Study
1.5.Currency Conversion Rates
1.6.Report Limitation
Chapter 2.Research Methodology
2.1.Research Process
2.1.1.Data Mining
2.1.2.Analysis
2.1.3.Market Estimation
2.1.4.Validation
2.1.5.Publishing
2.2.Research Assumption
Chapter 3.Executive Summary
3.1.Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2.Key Trends
Chapter 4.Global Facial Recognition Market Dynamics
4.1.Growth Prospects
4.1.1.Drivers
4.1.2.Restraints
4.1.3.Opportunities
4.2.Industry Analysis
4.2.1.Porters 5 Force Model
4.2.2.PEST Analysis
4.2.3.Value Chain Analysis
4.3.Analyst Recommendation & Conclusion
Chapter 5.Global Facial Recognition Market by Technology
5.1.Market Snapshot
5.2.Market Performance - Potential Model
5.3.Facial Recognition Market, Sub Segment Analysis
5.3.1.2D
5.3.1.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.3D
5.3.2.1.Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2.Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.3.Facial Analytics
5.3.3.1.Market estimates & forecasts, 2015-2025 (USD Billion)

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