Global Facial Recognition Market 2017-2021

  • ID: 4332705
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • 3M Cogent
  • Aware
  • Fulcrum Biometrics
  • Herta Security
  • Lathem Time
  • Netatmo
  • MORE
About Facial Recognition

Facial recognition technology is used for the identification of an individual. Facial recognition system measures the overall facial features of a person, which includes the eyes, mouth, nose, and jaw edges. It is being used in high-security areas for control access. Facial recognition is largely used in the government, financial, transit, and aviation sectors to identify and authenticate individuals. Facial recognition systems are widely accepted as they are non-intrusive, and they can work from a distance of more than two feet.

The analysts forecast the global facial recognition market to grow at a CAGR of 22.53% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global facial recognition market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of biometrics solutions, including hardware, software, integrated solutions, and services used in facial recognition systems.

The market is divided into the following segments based on geography:
  • APAC
  • Europe
  • MEA
  • North America
  • South America
The report, Global Facial Recognition Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
  • 3M Cogent
  • Cognitec Systems
  • NEC
  • Safran
Other prominent vendors
  • ArcSoft
  • Aurora Computer Services
  • Aware
  • FaceFirst
  • Fulcrum Biometrics
  • Gemalto
  • Google
  • Herta Security
  • Imagus Technology
  • KeyLemon
  • Lathem Time
  • Luxand
  • Netatmo
  • XiD Technologies
Market drivers
  • Increasing instances of identity threats
  • For a full, detailed list, view the full report
Market challenges
  • High cost of deployment
  • For a full, detailed list, view the full report
Market trends
  • Integration of facial recognition in video surveillance
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the Key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • 3M Cogent
  • Aware
  • Fulcrum Biometrics
  • Herta Security
  • Lathem Time
  • Netatmo
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Introduction
  • Market outline
PART 04: Market landscape
  • Market overview
  • Product life cycle
  • Market size and forecast
PART 05: Market segmentation by technology
  • Market overview
  • Global facial recognition market by technology
PART 06: Market segmentation by application
  • Market overview
  • Global facial recognition market for identification
  • Global facial recognition market for verification
PART 07: Market segmentation by end-user
  • Market overview
  • Global facial recognition market by end-user
  • Global facial recognition market by government sector
  • Global facial recognition market by transportation sector
  • Global facial recognition market by BFSI sector
PART 08: Geographical segmentation
  • Global facial recognition market by geography
  • Facial recognition market in North America
  • Facial recognition market in Europe
  • Facial recognition market in APAC
  • Facial recognition market in MEA
  • Facial recognition market in South America
PART 09: Decision framework

PART 10: Drivers and challenges
  • Market drivers
  • Market challenges
PART 11: Market trends
  • Facial recognition using photos on social networking sites
  • Integration of facial recognition in video surveillance
  • Emergence of facial analytics
  • Increasing adoption of multimodal biometric systems
PART 12: Buying criteria

PART 13: Five forces analysis

PART 14: Vendor landscape
  • Competitive scenario
  • Product offerings
  • Vendor matrix
  • Comparative analysis
  • Vendor description
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Workflow of facial recognition systems
Exhibit 02: Market overview
Exhibit 03: Product life cycle
Exhibit 04: Global facial recognition market 2016-2021 ($ billions)
Exhibit 05: Global facial recognition market by technology 2016
Exhibit 06: Global facial recognition market by technology 2016-2021 (% share of revenue)
Exhibit 07: Global 3D facial recognition market 2016-2021 ($ billions)
Exhibit 08: Global 2D facial recognition market 2016-2021 ($ billions)
Exhibit 09: Global facial recognition market for identification 2016-2021 ($ billions)
Exhibit 10: Global facial recognition market for verification 2016-2021 ($ billions)
Exhibit 11: Global facial recognition market by end-users 2016
Exhibit 12: Global facial recognition market by end-user 2016-2021 (% share of revenue)
Exhibit 13: Global facial recognition market by government sector 2016-2021 ($ billions)
Exhibit 14: Global facial recognition market by transportation sector 2016-2021 ($ billions)
Exhibit 15: Global facial recognition market by BFSI sector 2016-2021 ($ billions)
Exhibit 16: Global facial recognition market by geography 2016
Exhibit 17: Global facial recognition market by geography 2016-2021 (% share of revenue)
Exhibit 18: Facial recognition market in North America 2016-2021 ($ billions)
Exhibit 19: Facial recognition market in Europe 2016-2021 ($ billions)
Exhibit 20: Facial recognition market in APAC 2016-2021 ($ billions)
Exhibit 21: Facial recognition market in MEA 2016-2021 ($ billions)
Exhibit 22: Facial recognition market in South America 2016-2021 ($ billions)
Exhibit 23: Buying criteria
Exhibit 24: Five forces analysis
Exhibit 25: Product offerings
Exhibit 26: Features of key vendor products
Exhibit 27: Applications of key vendor products
Exhibit 28: End-users of key leading vendors
Exhibit 29: Comparative analysis 2016
Exhibit 30: Other prominent vendors
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • 3M Cogent
  • Aware
  • Fulcrum Biometrics
  • Herta Security
  • Lathem Time
  • Netatmo
  • MORE
New Report Released: – Global Facial Recognition Market 2017-2021

The author of the report recognizes the following companies as the key players in the global facial recognition market: 3M Cogent, Cognitec Systems, NEC, and Safran.

Other Prominent Vendors in the market are: ArcSoft, Aurora Computer Services, Aware, FaceFirst, Fulcrum Biometrics, Gemalto, Google, Herta Security, Imagus Technology, KeyLemon, Lathem Time, Luxand, Netatmo, and XiD Technologies.

Commenting on the report, an analyst from the research team said: “One trend in the market is integration of facial recognition in video surveillance. Currently, vendors are incorporating facial recognition capabilities in video surveillance systems to help in effective and easy identification of intruders or attackers and enhance the level of security. The increasing instances of intruder threats have created the need for strong security, and governments worldwide are increasing their security budgets.”

According to the report, one driver in the market is increasing instances of identity threats. The increasing dependence of end-users on websites and web applications is giving rise to an increasing number of identity and data theft cases. The growing popularity of online gaming and social network websites is also adding to the rising number of identity theft cases. In addition, the increasing complexity of these attacks is driving end-users to implement secure authentication solutions. Thus, there is increased adoption of biometric security solutions.

Further, the report states that one challenge in the market is high cost of deployment. One of the major challenges restricting the use of facial recognition systems is the high cost of deployment. Large-scale deployment of facial recognition systems in government departments and airports is a time-consuming process, and they typically have a long sales cycle. In addition, the cost of deployment varies depending on the user requirements. The budget constraints limit the testing of facial recognition solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • 3M Cogent
  • Cognitec Systems
  • NEC
  • Safran
  • ArcSoft
  • Aurora Computer Services
  • Aware
  • FaceFirst
  • Fulcrum Biometrics
  • Gemalto
  • Google
  • Herta Security
  • Imagus Technology
  • KeyLemon
  • Lathem Time
  • Luxand
  • Netatmo
  • XiD Technolo
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll