Facial Recognition Market is Booming Worldwide | gaining Revolution – In Eyes of Global Exposure

Facial Recognition Market is Booming Worldwide | gaining Revolution – In Eyes of Global Exposure

Facial Recognition
Facial recognition, a technology which is capable of identifying or verifying a person from the digital image or a video frame from a video source. Facial recognition plays an important role in computer vision and artificial intelligence (AI) for understanding and detecting faces.

Keep yourself up-to-date with latest market trends and maintain a competitive edge by sizing up with available business opportunity in Global Facial Recognition Market various segments and emerging territory. The Global Facial Recognition Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2019-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.

What is Facial Recognition?

Facial recognition, a technology which is capable of identifying or verifying a person from the digital image or a video frame from a video source. Facial recognition plays an important role in computer vision and artificial intelligence (AI) for understanding and detecting faces. The very market is expected to rise significantly, due to huge law enforcement investments in security & surveillance infrastructure, increased public awareness, and the emergence of enhanced technologies are anticipated to boost the market in the upcoming years.

Major Players are:

Aware (United States), NEC (Japan), Animetrics (United States), KeyLemon S.A. (Switzerland), Gemalto (Netherlands), Panasonic Corporation (Japan), Ayonix Face Technologies (Japan), Cognitec Systems GmbH (Germany), NVISO SA (Switzerland), Daon (United States), StereoVision Imaging (United States), id3 Technologies (France), IDEMIA (France)

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The Global Facial Recognition Market segments and Market Data Break Down are illuminated below:

By Application (Emotion Recognition, Attendance Tracking And Monitoring, Access Control, Law Enforcement, Others), Component Type (Software Tools (2D and 3D Facial Recognition, Analytics Facial Recognition), Services), Industry Vertical (BFSI, Government and Defense, Retail and E-Commerce, Healthcare, Education, Automotive, Others (Telecom, Energy and Utilities and Others)), Deployment Model (On-Premises, Cloud Based)


Market Trends:

The Emergence of Facial Analytics

The Advent of Machine Learning and Natural Language Processing

Market Challenges:

Misinterpretation in Analysis of Recognition

Lack of Expertise, and Other Operational Challenges

Market Drivers:

The Growth in the Demand for Surveillance Systems to Enhance Safety and Security

Surging Adoption of Facial Recognition in Consumer Electronics

Market Restraints:

Limited Adoption Rate of Facial Recognition Technology in Developing Nations

The Dearth of Efficient Algorithm

What benefits does AMA research studies provides?

  • Supporting company financial and cash flow planning
  • Open up New Markets
  • To Seize powerful market opportunities
  • Key decision in planning and to further expand market share
  • Identify Key Business Segments, Market proposition & Gap Analysis
  • Assisting in allocating marketing investments

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Significant Facets concerning the Report:

•          Global Facial Recognition Market Summary

•          Fiscal Effect on Economy

•          Global Facial Recognition Market Competition

•          Global Facial Recognition Market Analysis by Application

•          Industrial Chain, Down-stream Buyers and Sourcing Strategy

•          Distributors/Traders, Marketing Strategy Analysis

•          Facets, Market Effect, Diagnosis

•          Market Forecast

•          The latest trends, product portfolio, demographics, geographical segmentation, and regulatory framework of the Global Facial Recognition Market have also been included in the study.

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Strategic Points Covered in Table of Content of Facial Recognition Market:

Chapter 1: Executive Summary

Chapter 2: Abbreviation and Acronyms

Chapter 3: Preface

3.1 Research Scope

3.2 Research Methodology

3.2.1 Primary Sources

3.2.2 Secondary Sources

3.2.3 Assumptions

Chapter 4: Market Landscape

4.1 Market Overview

4.2 Classification/Types

4.3 Application/End Users

Chapter 5: Market Trend Analysis

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Threats

Chapter 6: Industry Chain Analysis

6.1 Upstream/Suppliers Analysis

6.2 “Regulatory Affairs Outsourcing.” Analysis

6.2.1 Technology Analysis

6.2.2 Cost Analysis

6.2.3 Market Channel Analysis

6.3 Downstream Buyers/End Users

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Data Sources & Methodology:

The primary sources involves the industry experts from the Global Facial Recognition Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company’s Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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