openPR Logo
Press release

Facial Recognition Market : Industry Analysis, Professional Survey, Growth, Trends and Forecast 2025

09-14-2017 11:52 AM CET | IT, New Media & Software

Press release from: TMR Research

Facial Recognition Market : Industry Analysis, Professional Survey, Growth, Trends and Forecast 2025

Global Facial Recognition Market: Snapshot

A few international vendors, such as Cognitec Systems, 3M Cogent, Safran, Gemalto, and NEC, have stronghold over the global facial recognition market, dominating with their technological and financial might, feeding their biometric technology customers. However, the competition itself among these market leaders is quite intense, with research and development of innovative products at its backbone.

The global facial recognition market is expected to gain from several new trends, including the shift from 2D to 3D facial recognition, advancements such as cloud-based services, emergence of facial analytics, growing application in mobile security and drones, increasing application in physical security and intelligent signage, commercialization of facial recognition technology to the corporate sector, and incrementing integration of facial biometrics with smart cards. On the other hand, factors such as privacy concerns, significant error rates, competition from non-biometric technologies, and the lack of established international standards are expected to hinder the market from achieving its true potential in the near future.

Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=443

This report on the global facial recognition market has been prepared to act as dependable document for audiences such as government including homeland security and military, enterprises including banking, financial services and insurance (BFSI), and retail, and other consumers. A number of key companies operational in the facial recognition market have been profiled in the report in order to present qualitative and quantitative scenario of the market, and studies their product portfolio as well as recent strategic decision to evaluate the future.

Global Facial Recognition Market: Overview

Facial recognition refers to a complex computer application used to robotically identify a creature from a video mount or digital image source. One of the methods of doing this is by equating the selected facial features from a facial database and the image fed by the video mount or the digital image source. Technological developments in the field have significantly improved the accuracy with which the target is identified.

Facial recognition systems are generally used for surveillance and security purposes, however, the range of applications using these complex systems is rising at a significant pace in the global market. Some advanced systems are also used to compare and match other biometrics such as eyes and fingerprints by comparing this data with digital databases.

Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=443

Facial recognition is increasingly emerging as one of the most preferred technologies for authentication and identification of a variety of subjects, ranging from animals to humans. The technology is not restricted to its traditional application of facial detection any longer. Its present usage includes photo tagging, refining search engine searches based on facial images, identifying age, sex, and ethnicity of a person in retail stores, gathering intelligence on buying pattern in retail shops, and identifying missing persons.

Global Facial Recognition Market: Scope of the Report

This report on the global facial recognition market presents a thorough overview of the present growth dynamics of the market and its key segments. The report also includes vast projections related to the growth prospects of the market on global and regional fronts over the period between 2017 and 2025. The report includes a detailed analysis of the notable factors expected to have a significant influence on the market’s growth prospects, including drivers, challenges, opportunities, trends, regulatory scenario, and state of competition.

Request Discount of the Report @ www.tmrresearch.com/sample/sample?flag=D&rep_id=443

The report also includes a detailed overview of the competitive landscape of the global facial recognition market, wherein detailed profiles of some of the key vendors in the market and recent developments, in terms of aspects such as technology, product, and M&A activities are analyzed. Companies are profiled with the help of a detailed SWOT analysis and details regarding aspects such as product portfolio, finances, growth strategies, and geographical presence.

Global Facial Recognition Market: Drivers and Restraints

The key drivers of this market include increase in surveillance market and enormous spending on biometric technologies by government agencies, which is the leading end-use segment contributing to the revenue of the market. Some of the factors restraining the market growth are issues regarding interoperability with existing security systems, delay in execution due to apprehension and bureaucracy about privacy intrusion.

Global Facial Recognition Market: Segmentation

The facial recognition market could be segmented on the basis of technology and solutions into 2D, thermal, emotion, 3D, forensic, and mobile facial recognition technologies. In addition the market has been segmented on the basis of software types, including which includes face recognition algorithm, database, modeling, middleware, restructuring, and analytics software.

Some of the key players operating in the market are Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Fujitsu, ZK Software, and 3m Cogent.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Facial Recognition Market : Industry Analysis, Professional Survey, Growth, Trends and Forecast 2025 here

News-ID: 716697 • Views: 201

More Releases from TMR Research

Healthcare Regulatory Affairs Outsourcing Market - Overview On Upcoming Need 202 …
Global Healthcare Regulatory Affairs Outsourcing Market: Snapshot The healthcare regulatory affairs outsourcing market is experiencing significant growth owing to services to Clinical Research Organizations. The rising number of patent expirations along with growing costs of research and development activities are the primary factors influencing the growth of the global healthcare regulatory affairs outsourcing market. Healthcare and biopharmaceutical organizations are likely to team up with numerous outsourcing companies for getting their drugs
Physician Office Laboratory (POL) Market - Current Opportunities 2025 | Accriva …
Global Physician Office Laboratory (POL) Market: Snapshot The global Physician Office Laboratory (POL) Market has been expanding substantially over the last few years. Supported by the technological advancements, the market is likely to remain proliferating over the next few years. POL testing has its base in developed regions as emerging economies still rely on hospital infrastructure for the diagnosis of acute and chronic medical conditions. Developing regions, however, has been demonstrating
Urological Catheters Market - Insights On Scope 2025 | Bard Medical, Rochester M …
Global Urological Catheters Market: Snapshot Catheters are medical instruments that are commonly used when a patient is unable to empty his or her bladder. If urine is allowed to build up in the patient’s bladder for a long time, the rising pressure in the kidneys can lead to kidney failure. The elderly people and patients with severe illness or injuries might need to use catheters for longer periods of time than
Tinnitus Market - Comprehensive Survey On Demand 2025 | Auris Medical Holding AG …
Global Tinnitus Market: Snapshot The global tinnitus market exhibited impressive growth in the recent past as the number of people suffering from tinnitus has been increasingly continuously. Tinnitus is a physical condition that occurs within an ear when there is no external noise mainly considered as a hearing perception. In most of the cases tinnitus occurs due to fluctuation in cochlea’s nerve activity as the auditory inputs are reduced. There are

All 25863 Releases


More Releases for Facial Recognition Market:

Global Facial Recognition Market
Global Facial Recognition Market – Global Industry Analysis and Forecast (2017-2026) _ by Component, by Technology, by Use Case, by End-Use, and by Geography Global Facial Recognition Market is expected to grow from US$ 3.32 Bn in 2017 to US$ 12.20 Bn by 2026, at a CAGR of 13.9% between 2017 and 2026. (Detailed analysis of the market CAGR is provided in the report) The facial recognition system is bio-metric technology or
Global Facial Recognition Market-Forecast 2022
Market Synopsis of Global Facial Recognition Market Facial Recognition is a biometric application which captures image and uses it to identify individuals by applying facial analytics and comparing it with the existing database. Facial recognition systems are commonly used for security purposes, especially in the surveillance field but recently the use of facial recognition in other applications has progressed. The facial recognition market is driven by the increasing criminal activities, globally.
Facial Recognition Technology Market Including Vein Recognition, Fingerprint Rec …
The main service areas in the financial services industry cover mainly financial transactions and financial management. It requires strict security for the transactions conducted by both service providers and their clients. Hence, there is an evident demand for stricter identification verification. In recent years, more and more financial services providers have incorporated biometric authentication technologies into their financial services, including vein recognition, fingerprint recognition, iris recognition, and facial recognition. Particularly,
Facial Recognition Market, by Technology Type (2D Facial Recognition,3D Facial R …
The global facial recognition market was valued at US$ 1,307.0 Mn in 2014 and is expected to grow at a CAGR of 9.5% from 2015 to 2022. Currently, the market is primarily driven by robust technological advancements for development of efficient surveillance systems required by civil and government agencies. This is due to rising instances of criminal and terrorist activities and identification of fraud cases across the globe. Moreover, facial