- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Global Facial Recognition Market. To provide insights about factors affecting the market growth.
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- To analyze the Facial Recognition market based on various factors- value chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by technology, by hardware & software, by vertical and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Facial Recognition Market.
Market Synopsis of Facial Recognition Market:
Global Facial Recognition Market has been valued at satisfactory billions in the year 2015 which is growing with the good CAGR . Facial Recognition is a biometric software application which identifies a person in a digital image by analyzing the face and comparing it with pre-loaded data. As security concerns are increasing, the market of facial Recognition Market is growing at substantial rate.
Segmentation by Technology: 2D recognition, 3D recognition, Thermal recognition among others.
Segmentation by Hardware & Software: Face recognition Software, Analytics, DBMS, Camera, Scanners among others.
Segmentation by Vertical: SME’s & Large organizations, Government, Security Agencies, Home Security among others.
The prominent players in the market of Facial Recognition market are- Safran Group (France), NEC Corporation (Japan), Cross Match Technologies (U.S.), Cognitec Systems (Germany), Aware Inc. (U.S), Daon Inc. (U.S.), Gemalto (Netherlands), ZKTeco Inc. (China), Aurora Computer Services (U.S.), FaceFirst Inc. (U.S.) among others.
- In September 2016, NEC Corporation announced the development of AI-based Customer Profile Estimation Technology.
- In August 2016, NEC Corporation announced the successful acquisition of Arcon a Brazil-Based IT Security Business.
The report for Global Facial Recognition Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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