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Face Recognition Device Market 2020 Precise Outlook – Cloudwalk, IDEMIA (France), Insigma Group, Dahua Technology, CMOLO, Aurora, Adatis GmbH&Co. KG, PCI, Face++, Anviz

06-16-2020 03:25 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Face Recognition Device Market

Face Recognition Device Market

The Face Recognition Device Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This report also analyzes the impact of Coronavirus (COVID-19) on the Face Recognition Device industry.

The global Face Recognition Device market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 16.7% in the forecast period of 2020 to 2025 and will expected to reach USD 2060.2 million by 2025, from USD 1109 million in 2019.

Click the link to get a Sample Copy of the Report:
https://www.marketinsightsreports.com/reports/04272009024/global-face-recognition-device-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025/inquiry?source=openpr&Mode=12

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Face Recognition Device Market: Cloudwalk, IDEMIA (France), Insigma Group, Dahua Technology, CMOLO, Aurora, Adatis GmbH&Co. KG, PCI, Face++, Anviz, Bioenable, ColosseoEAS, IDTECK Co Ltd., Artec Group, EnterFace and others.

Industry News and Developments:

February 21, 2019 - COURBEVOIE, France--(BUSINESS WIRE)--IDEMIA, the global leader in Augmented Identity, is proud to announce a close partnership with Infineon and pmdtechnologies. Combining latest hardware from Infineon and pmdtechnologies and cutting-edge 3D Face biometric software from IDEMIA, the companies offer a seamless experience to end-users.
The IDEMIA 3D Face recognition solution, which was unveiled at the last edition of the Mobile World Congress and that pioneers 3D acquisition technologies, reflects smartphone users’ demand for simplification, efficiency and security.

28 Jun 2019: Dahua Technology, globally renowned video-centric smart IoT solutions and service provider, has launched IVSS 2.0 (IVSS7000-I), an upgraded series of its NVR family powered by the latest AI capable of deep learning, which opens up new possibilities to smart security solutions.

The upgraded IVSS 7000-I features scalable GPU design to meet the ever-growing project requirements. The unique Dahua Deep-Learning algorithm with GPU group enables IVSS7000-I to perform face recognition, perimeter protection and metadata with high accuracy. Offering advanced Artificial Intelligence features, it even enables danger prevention via faster video content inquiry, rapid discovery of targets as well as real-time and accurate alarm in a variety of applications, providing AI-based all-in-one surveillance solution for customers.

Global Face Recognition Device Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Access Control System, Ticket Gates System, Others, etc.

On the basis of Application, the market is segmented into:

Transportation, BFSI, Residential, Non-financial Enterprises, Others, etc.

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https://www.marketinsightsreports.com/report/purchase/04272009024?mode=su?source=openpr&Mode=12

The global key Face Recognition Device manufacturers include Cloudwalk, Aurora etc. As For the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 29% revenue market share in 2018. The China giant Cloudwalk, which has 13.28% market share in 2018, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Dahua Technology and Aurora, which respectively has 8.53% And 7.36% market share globally. China is the largest consumption area, accounting for 27.73% in 2018, and will reach 30.78% in 2024, with a CAGR of 19.56% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan. The global production of Face Recognition Device rises up from 147 K Units in 2014 to 485 K Units in 2018, with a CAGR of 34.68%. At the same time, the revenue of world Face Recognition Device sales market has a rising from 769.12 M USD in 2018 to 2023.75 M USD in 2014, growing at a CAGR of 17.50% during 2018-2023.The reason causes this increase is the rising demand for the Face Recognition Device, which is the result of the spurring needs of downstream customers.

Regional Analysis For Face Recognition Device Market:

For comprehensive understanding of market dynamics, the global Face Recognition Device market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Face Recognition Device Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020–2026.

Following are major Table of Content of Face Recognition Device Market:
- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter’s Five Forces Analysis and SWOT Analysis.

For More Information On This Report, Please Visit: https://www.marketinsightsreports.com/reports/04272009024/global-face-recognition-device-market-2020-by-manufacturers-regions-type-and-application-forecast-to-2025?source=openpr&Mode=12

We Offer Customization On Report Based On Specific Client Requirement:

– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

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Magnetic Ink Recognition Device Market:
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Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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