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Global facial recognition market will reach $20.63 billion by 2030

08-21-2020 06:41 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ozone Market Reports

Global facial recognition market will reach $20.63 billion by 2030, growing by 17.2% annually over 2020-2030 owing to the rising need for biometrics service and secure authentication technology.

“Global Facial Recognition Market 2020-2030 by Technology (3D, 2D, Analytics), Component (Service, Software, Hardware), Application, End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global facial recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global facial recognition market in every aspect of the classification from perspectives of Technology, Component, Application, End User, and Region.

Based on Technology, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• 3D Facial Recognition
• 2D Facial Recognition
• Facial Analytics

Get Sample Copy of this report at: https://www.ozonemarketreports.com/sample-request/global-facial-recognition-market-2020-2030/246403

Based on Component, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Services
• Cloud-Based Facial Recognition Services
• Training and Consulting Services
Software Tools
• 3D Facial Recognition
• Thermal Face Recognition
• 2D Facial Recognition
Hardware
• Cameras
• Scanners
• Handheld Devices
• Integrated Devices

Based on Application, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Law Enforcement
• Tracking and Monitoring
• Emotion Recognition
• Access Control
• Other Applications

Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Healthcare
• BFSI
• Military and Defense
• Government
• Hospitality
• Retail and Ecommerce
• Transportation
• Other End Users

Browse Full Report at: https://www.ozonemarketreports.com/ict-media/global-facial-recognition-market-2020-2030/246403

Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• RoW (Saudi Arabia, UAE, South Africa)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Technology, Component, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global facial recognition market are assayed quantitatively and qualitatively through OMR’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):
• 3M Company
• Amazon Web Services
• Animetrics
• Aware
• Ayonix
• Cognitec Systems
• Cross Match
• FaceFirst, Inc.
• Gemalto
• Google
• Herta Security
• IBM
• IDEMIA
• Kairos
• Keylemon
• MorphoTrust
• NEC Corporation
• Nviso
• Techno Brain
• XiD Technologies

Contact Us:
Name: Steven Samuel
Email - info@ozonemarketreports.com
Phone - +91 9370882135
Website: https://www.ozonemarketreports.com/

About Us

Ozone Market Reports is committed to delivering intensive research-based analysis reports, enabling clients to easily make fact-based decisions. We also have with us the facility of our innovatively designed and developed data processing and analysis division.

Ozone Market Reports is a research-based consulting firm specializing in getting research inputs and using them appropriately in the marketing planning process. In saying this, we are trying to convey that we always attempt to interpret the research data from the viewpoint of recommending action priorities - both short-term and long-term. To this end, we have put together a team that understands not only research techniques, but also branding concepts in depth. We believe our people are our clients' biggest assets hence we do our best to recruit multi-skilled individuals, and then give them an environment where they can think and ideate freely.

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