Press release
Facial Recognition Market 2022 Report Predictions by Global Industry Trends, Future Growth, Regional Overview and Forecast Outlook until 2031
The global facial recognition market size is expected to grow from $4.71 billion in 2021 to $5.48 billion in 2022 at a compound annual growth rate (CAGR) of 16.41%. The global facial recognition market size is expected to grow to $10.11 billion in 2026 at a compound annual growth rate (CAGR) of 16.53%.The Business Research Company offers the Facial Recognition Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.
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The facial recognition market consists of sales of facial recognition solutions and services by entities (organizations, sole traders, partnerships) that refer to a method of identifying or verifying a person's identification using their face. Facial recognition algorithms may be used to recognize individuals in real-time, on-screen, or moving pictures.
Some key Facial Recognition market players are Aware Inc, Ayonix Corporation, Cognitec Systems GmbH, FacePhi, NEC Corporation, Nuance, Idemia, Thales, Fujitsu, Gemalto NV, Onfido, TECH5 SA, NVISO SA (nViso), Neurotechnology, Techno Brain, and id3 Technologies (id3).
The countries covered in the global Facial Recognition market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global Facial Recognition market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Facial Recognition Market Segmentation:
1) By Technology: 2D, 3D, Facial Analytics
2) By Application: Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Security and Surveillance, Others
3) By End User: Retail and E-commerce, Media and Entertainment, Banking, Financial Services and Insurance (BFSI), Automobile and Transportation, Telecom and Information Technology (IT), Government, Healthcare, Others
See more on the report at https://www.thebusinessresearchcompany.com/report/facial-recognition-global-market-report
The Report's Table Of Contents includes
1. Executive Summary
2. Facial Recognition Market Characteristics
3. Facial Recognition Market Trends And Strategies
4. Impact Of COVID-19 On Facial Recognition
5. Facial Recognition Market Size And Growth
....
26. Africa Facial Recognition Market
27. Facial Recognition Market Competitive Landscape And Company Profiles
28. Facial Recognition Pipeline Analysis
29. Key Mergers And Acquisitions In The Facial Recognition Market
30. Facial Recognition Market Future Outlook and Potential Analysis
31. Appendix
This report covers the trends and market dynamics of the Facial Recognition market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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