Facial Recognition Market Research Report 2023 - valuates Reports

The global Facial Recognition market was valued at US$ 5066 million in 2022 and is anticipated to reach US$ 11230 million by 2029, witnessing a CAGR of 14.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

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North American market for Facial Recognition is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for Facial Recognition is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for Facial Recognition in Emotion Recognition is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of Facial Recognition include Aware, NEC, Ayonix, Cognitec Systems, Keylemon, Nviso, Herta Security, Neurotechnology and Daon, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for Facial Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Facial Recognition.
The Facial Recognition market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Facial Recognition market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Facial Recognition companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
2D Facial Recognition
3D Facial Recognition
Thermal Face Recognition

Segment by Application
Emotion Recognition
Attendance Tracking And Monitoring
Access Control
Law Enforcement
Others

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