Press release
Global Facial Recognition Market Size & Trends
Global Facial Recognition Market Size & Trends
The growth of the global facial recognition market is driven by the increasing demand for security and surveillance solutions, advancements in facial recognition technology, growing applications in sectors like law enforcement and retail, and the rising need for contactless authentication methods.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Facial Recognition Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/facial-recognition-market
By Technology (2D, 3D, and Facial Analytics), By Application (Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Security & Surveillance, and Others), By End-use (Retail & E-commerce, Media & Entertainment, BFSI, Automobile & Transportation, Telecom & IT, Government, Healthcare, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis
Key Market Insights
• As per the technology outlook, the 3D segment is expected to be the largest segment in the global facial recognition market from 2023 to 2028
• As per the application outlook, access control is expected to be the largest segment in the global facial recognition market from 2023 to 2028
• Asia Pacific is analyzed to be the fastest-growing region in the market
• North America is estimated to hold the largest share of the market during the forecast period from 2023-2028
• Aware, Inc., Cognitec Systems GmbH, Ayonix Corporation, Thales, Fujitsu, FacePhi, NEC Corporation, Onfido, Panasonic Corporation, and TECH5 among others, are some of the key players operating in the global facial recognition market
Technology Outlook (Revenue, USD Billion, 2023-2028)
• 2D
• 3D
• Facial Analytics
Application Outlook (Revenue, USD Billion, 2023-2028)
• Emotion Recognition
• Attendance Tracking and Monitoring
• Access Control
• Security & Surveillance
• Others
End-use Outlook (Revenue, USD Billion, 2023-2028)
• Retail & E-commerce
• Media & Entertainment
• BFSI
• Automobile & Transportation
• Telecom & IT
• Government
• Healthcare
• Others
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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