Press release
Global Facial Recognition Market, Technology and Global Industry
face detection
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Market Dynamics:
Drivers:
• Increased demand of facial recognition technology in various industry verticals such as government and utilities, military, homeland security, retail, banking, financial services and insurance (BFSI), and others
• Rising concerns of security have enforced companies to adopt tools such as CCTV recordings which are examined by facial recognition technique, alarm systems, and source-tagging
Restraints:
• Interoperability concerns
Market Players:
The top players in the global facial recognition market include 3M Company, NEC Corporation, Animetrics Inc, Safran Group, and Daon Inc, Aware Inc, Nviso, Ayonix, Keylemon, and Cognitec Systems GMBH (Germany).
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Key point from table of content
8. Company profiles
8.3. Animetrics Inc
8.3.1. Overview
8.3.2. Financials and business segments
8.3.3. Recent developments
8.4. Safran Group
8.4.1. Overview
8.4.2. Financials and business segments
8.4.3. Recent developments
8.5. Daon Inc
8.5.1. Overview
8.5.2. Financials and business segments
8.5.3. Recent developments
Global facial recognition market is expected to grow at a CAGR of around 21% from 2017 to 2025.
Based on component, market is segmented into software tools and services. By technology, market is segmented into facial recognition software and SDK, middleware, databases, modelling & restructuring, and analytical solutions. Based on use case, it is divided into emotion recognition, law enforcement, surveillance & monitoring, and others. By application, it is divided into government, enterprise, and consumer. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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The company was found with an initiative to bridge the gap between enterprises and global opportunities. It is driven by the sole motive to build an effective channel to communicate up-to-date qualitative and quantitative market intelligence with all-scale participants.
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