Press release
Facial Recognition Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031
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The facial recognition technology has its application in several industries including BFSI, healthcare, retail, education, among others. The facial recognition software is used in the healthcare industry to keep track of patient's records. To keep patients track record safely is a crucial task that can be performed easily by the proper utilization of the biometrics facial expression. The education sector is adopting the facial recognition software to personalize the student's identities, health records, and interest levels. Besides authentication purposes, this sector is using this software for mapping the student's face to generate an idea related to the engagement level of a student on various subjects.
The key financial sector companies are making a hefty investment in facial recognition-enabled biometrics solution for the enhancement of services that includes transaction authentication and authentic user session monitoring. The financial service segment is utilizing facial recognition solutions to customer's history, finding customer's loan requirements, and validating customer's documents. The growing data breaches in the financial sector are anticipated to increase the use of facial recognition solutions in the financial sector, thereby driving the growth of the global facial recognition market. Although small in number, the data available in the financial sector is highly sensitive and is a major target for hackers, therefore, this sector is highly adopting facial recognition software for security purposes.
Facial Recognition Market Segmentation
By Type
• 2D Facial Recognition
• 3D Facial Recognition
By End-Users
• BFSI
• Government and Defence
• Retail
• Healthcare
• Others
A full report of Facial Recognition Market available @ https://www.omrglobal.com/industry-reports/facial-recognition-market
Facial Recognition Market Report Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
Company Profiles
• Aware, Inc.
• Ayonix Corp.
• BioID GmbH
• Cognitec Systems GmbH
• Daon, Inc.
• Fujitsu Ltd.
• Fulcrum Biometrics, LLC
• Gemalto NV
• HYPR Corp.
• id3 Technologies
Reasons to Buying From us -
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
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Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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