Facial Recognition Market Size And Share

  • Report Code : TIPRE00003385
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Facial Recognition Market Size, Share, and Growth 2024-2031

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Facial Recognition Market: Strategic Insights

Facial Recognition Market

  • CAGR (2023 - 2031)
    14.2%
  • Market Size 2023
    US$ 6.53 Billion
  • Market Size 2031
    US$ 18.87 Billion

Market Dynamics

GROWTH DRIVERS
  • Growing Demand for Contactless Authentication
FUTURE TRENDS
  • Rising awareness of using facial recognition technology
OPPORTUNITIES
  • Rising Investment by Government Sector

Key Players

  • Tech5
  • IDEMIA
  • Aware Inc
  • Cognitec Systems GmbH
  • Ayonix Corporation
  • Fujitsu Limited
  • Onfido
  • NEC Corporation
  • Thales Group
  • Face PHI

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Component
  • Software
  • Hardware
  • Services
Application
  • Security & Surveillance
  • Access Control
Vertical
  • BFSI
  • Retail & Ecommerce
  • Government
  • Healthcare
  • Education
  • Automotive & Transportation