Press release
Facial Recognition Equipment Market Research Report by Type, by Technology, by End-User - Global Forecast to 2027
The Facial Recognition Equipment Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies to gain success in the Facial Recognition Equipment market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Facial Recognition Equipment market.The global facial recognition equipment market is expected to grow at a compound annual growth rate of 13.2% from 2021 to 2027 to reach USD 10.50 billion by 2027.
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Top Leading Companies of Global Facial Recognition Equipment Market are - Cloudwalk, Dahua Technology, Aurora, Ayonix, Herta, SenseTime, IDEMIA, Suprema, Hikvision, PCI TECHNOLOGY, ZKTeco, Kuangshi Technology, GOSUNCN Group, Anviz, Adatis, Colosseo, Artec, IDTECK Co Ltd., Bioenable, CMOLO, and others.
Industry News and Updates:
Herta Launches a New Technology That Allows Facial Identification Even with a Mask
BARCELONA, Spain, March 10, 2020-- The world's leading company in facial recognition solutions for crowded environments, Herta, is launching this week a new version of its facial recognition algorithms that can correctly identify people who wear facial masks. The company had been working on the issue of partial occlusions for some time and, following the worldwide outbreak of coronavirus (COVID-19), development has been accelerated to launch a version of the software that helps provide an accurate identification under these conditions.
On The Basis of Types: -
Access Control System
Ticket Gates System
Others
On The Basis of Application: -
Transportation
BFSI
Residential
Non-financial Enterprises
Education
Healthcare
Others
Regional Analysis:
The North American region is accounted to hold the largest market share in terms of geography. The growth is attributed to various factors such as the presence of well-developed technological infrastructure and increasing government initiatives in favor of the facial recognition Market. Moreover, the Asia Pacific region is anticipated to grow at the fastest rate during the forecast period. The facial recognition systems are significantly being utilized by developing countries such as India, and China in solving crime cases and other investigation cases. For instance, in April 2018, in India, the police of New Delhi employed facial recognition technology to identify and rescue around 3000 missing children in the city itself.
The regions are further sub-divided into:
-North America: US, Mexico, Canada
-Europe: Russia, Ukraine, France, Spain, Sweden, Norway, Germany, Finland, Poland, Italy, United Kingdom, Greece, Austria, Denmark, Switzerland, Netherlands, Belgium, Turkey, Luxembourg
- Asia-Pacific: China, Japan, India, Australia, South Korea, Taiwan, Malaysia, Philippines, Thailand, Singapore
- South America: Brazil, Argentina, Peru, Chile
- Middle East and Africa: Bahrain, Egypt, Israel, Kuwait, Qatar, Saudi Arabia, United Arab Emirates, South Africa
Influence of the Facial Recognition Equipment market report:
-Comprehensive assessment of all opportunities and risk in the Facial Recognition Equipment market.
-Facial Recognition Equipment market recent innovations and major events.
-Detailed study of business strategies for growth of the Facial Recognition Equipment market-leading players.
-Conclusive study about the growth plot of Infrared Imaging market for forthcoming years.
-In-depth understanding of Facial Recognition Equipment market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Facial Recognition Equipment market.
Browse Full Report at:
https://www.marketinsightsreports.com/reports/11013632408/global-facial-recognition-equipment-market-research-report-2021?Mode=namita
What Are the Market Factors That Are Explained in The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Global Facial Recognition Equipment Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyses the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Finally, Facial Recognition Equipment Market report is the credible hotspot for acquiring statistical market that will exponentially grow your business. The report gives the guideline area, monetary circumstances with the product value, advantage, limit, generation, supply, solicitation, and market improvement rate and figure, etc. Facial Recognition Equipment Market report furthermore Presents another SWOT assessment, theory feasibility examination, and venture return investigation.
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.
- Free 15% customization equal to 60 analyst hours.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
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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