Free Press Release
Create Free Account! Members Login
Art & Entertainment Automotive Blogging & Social Media Business Computer Design Education Environment Events / Trade Shows Games & Entertainment Government Health and Fitness Home & Family Industry Legal / Law Lifestyle News & Society Politics Religion Sports Technology Web sites / Internet

Press Release / Technology / Facial Recognition Market 2018 Global Key Leaders: Safran SA, NEC, Corporation, Cognitec Systems, Aware Inc, Daon Inc

Facial Recognition Market 2018 Global Key Leaders: Safran SA, NEC, Corporation, Cognitec Systems, Aware Inc, Daon Inc

By Kiran on June 13 2018 | 40 Views

Facial Recognition Market Information, by Technology (2D Recognition, 3D Recognition, Thermal Recognition) - Forecast 2016-2022

Market Synopsis:
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. Apart from it, the increasing security measures at ATMs and the growing installation of facial recognition systems at airports, and shopping malls drive the facial recognition market.
 
Facial recognition market is segmented on the basis of technology as 3D Facial Recognition, 2D Facial Recognition, Thermal imaging and Skin Texture. To capture information about the shape of a face, the 3D facial recognition technology uses 3D sensors. The skin texture analysis uses visual details of the skin, as captured in standard digital or scanned images and analyzes unique lines, patterns, and spots apparent in a person’s skin into a mathematical space. The ability of identifying a suspect from a large viewing angle with a high accuracy, is achieved by 3D facial recognition technology.
 
The global Facial Recognition Market provides two types of services as consulting services and cloud based services. Rising adoption of cloud technologies has resulted in the fastest growth of cloud based facial recognition services. The facial recognition market is classified on the basis of components as hardware and software components. The hardware component holds a larger share in the facial recognition market whereas the software component of facial recognition is expected to grow at a faster rate. The facial recognition technology is still in a developing phase therefore it has technological limitations. Lack of awareness has resulted as a major restrain for the facial recognition market.
 
The global facial recognition market had been valued at USD 3.04 billion in the year 2016, which is expected to reach USD 8.93 billion by the end of the forecast period growing at 19.68% CAGR.
 
Major Key Players:

Safran SA (France)
NEC Corporation (Japan)
Cognitec Systems (Germany)
Aware Inc. (U.S)
Daon Inc. (U.S.)
Gemalto (Netherlands)
FaceFirst Inc. (U.S.)
Ayonix Corporation (Japan)
Key Lemon Ltd. (Switzerland)
Face++(China)

 
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/1250
 
Global Facial Recognition Market Analysis:

To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global Facial Recognition market with analysis of its development and demand in the market
Upcoming technologies, high growth geographies and countries were identified


Regional and country specific demand and forecast for facial recognition were studied
Key segments covered in the report are: technology, services, components and end-user.
Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
Historical trend is identified to forecast and estimate the future value data

Target Audience:

Technology investors
End-user industries
Research & consultant organization
Market players
Government

 
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/facial-recognition-market-1250
Key Findings:

The global facial recognition market is expected to reach USD 8.93 Billion by 2022.
By Technology, 3D Facial Recognition accounts for the largest market share and is growing with approximately ~23.4% CAGR during forecast period.
By End-user, Government industry holds the largest market growing with approximately 22.9% CAGR by the end of forecast period.
Geographically, North America has been projected to have the largest market share in global Facial Recognition market, while Asia-Pacific has been projected to emerge as the fastest growing region.

 
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
 
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
 
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
 
 
 



Latest Exclusive Press Release
Apex Diagnostic Centre Solan completes 2 years, Free multispeciality camp and all test costs reduced by 10%
Global Solar Backsheet Market Trend Survey and Prospects Report 2023
Risk Analytics Market Size, Share, Growth, Trends, and Forecasts 2023
Cheese Powder Market Research Report, By Type, Application and Geography - Global Market Share, Trend Analysis and Forecast up to 2024
Hyper Scale Data Centers Market 2018 Strategy Analysis, Business Overview and Opportunities to 2023
Popular Press Release
Zeng Fanzhi Parcours Exhibition 2016 in Beijing
Home Ministry’s Population Register Worse than Prisoner Identification
Feel-planet.com Has Made It Possible to Discover the Wonders of the World Online
First Time Home Buyers Tax Credits STILL Available For Troops!
Best Web Hosting Service in India


Art & Entertainment Automotive Blogging & Social Media Business
Computer Design Education Environment
Events / Trade Shows Games & Entertainment Government Health and Fitness
Home & Family Industry Legal / Law Lifestyle
News & Society Politics Religion Sports
Technology Web sites / Internet