Facial Tracking Market Share, Growth by Top Company, Applications, Trends and Forecast to 2027- 3M, ArcSoft, Banuba, Cognitec Systems, Gemalto, IBM, NEC, Reallusion

The facial tracking solutions are used for a variety of purposes such as detection of human face and gaming applications. With the involvement of artificial intelligence, significant improvements have been made in the field of facial tracking and recognition. These solutions are largely being adopted for public and government solutions and safety purposes. Growth in the European region is expected to soar on account of new development and innovations in the area.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global facial tracking market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The facial tracking market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

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Top Companies Profiled In This Report:
1. 3M Co
2. ArcSoft Corporation Limited
3. Banuba (Cyprus) Limited
4. Cognitec Systems GmbH
5. Gemalto (Thales Group)
6. IBM Corporation
7. NEC Corporation
8. Reallusion Inc.
9. Sightcorp B.V.
10. Visage Technologies

The facial tracking market is anticipated to grow in the forecast period owing to driving factors such as increasing use in robotics and mobile applications. Also, growing usage in identity verification at airports and most public places for security purposes, is another factor boosting the growth of the facial tracking market. However, several privacy concerns may hamper the market growth during the forecast period. On the other hand, on developments and technological advancements would showcase significant growth opportunities in the coming years.

MARKET SEGMENTATION
The global facial tracking market is segmented on the basis of component and industry vertical. Based on component, the market is segmented as software and services. On the basis of the industry vertical, the market is segmented as BFSI, government & defense, education & gaming, healthcare, and others.

The report aims to provide an overview of facial tracking market with detailed market segmentation by component, industry vertical, and geography. The global facial tracking market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading facial tracking market players and offers key trends and opportunities in the market.The report analyzes factors affecting facial tracking market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the facial tracking market in these regions.

The reports cover key developments in the facial tracking market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from facial tracking market are anticipated to lucrative growth opportunities in the future with the rising demand for facial tracking in the global market.

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