Facial Recognition Market Scope And Analysis

  • Report Code : TIPRE00003385
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
Buy Now

Facial Recognition Market Scope, Growth, Size and Share by 2031

Buy Now

Facial Recognition Market Report Facial Recognition Market Size and Share Facial Recognition Market Scope and Analysis

Facial Recognition Market Report Scope

Report Attribute Details
Market size in 2023 US$ 6.53 Billion
Market Size by 2031 US$ 18.87 Billion
Global CAGR (2023 - 2031) 14.2%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Component
  • Software
  • Hardware
  • Services
By Application
  • Security & Surveillance
  • Access Control
By Vertical
  • BFSI
  • Retail & Ecommerce
  • Government
  • Healthcare
  • Education
  • Automotive & Transportation
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Tech5
  • IDEMIA
  • Aware Inc
  • Cognitec Systems GmbH
  • Ayonix Corporation
  • Fujitsu Limited
  • Onfido
  • NEC Corporation
  • Thales Group
  • Face PHI
    		•

    Facial Recognition Market News and Recent Developments

    The facial recognition market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the facial recognition market are listed below:

    • IDEMIA revealed VisionPass SP, its latest facial recognition solution for access control. IDEMIA enriched its product offer with VisionPass SP, a sleek and compact terminal with an eco-friendly design that provides accurate and fair matching results. (Source: IDEMIA, Press Release, January 2024)
    • BAXE and Haventec partnered with IDEMIA to launch the first blockchain ecosystem using a facial authentication solution for identification. (Source: BAXE, Press Release, January 2022)

    Facial Recognition Market Report Coverage and Deliverables

    The “Facial Recognition Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Facial Recognition market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Facial Recognition market trends as well as market dynamics such as drivers, restraints, and key opportunities
    • Detailed PEST/Porter’s Five Forces and SWOT analysis
    • Facial Recognition market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Facial Recognition market
    • Detailed company profiles