+1-888-308-5802     
News Contact Us

Facial Recognition Market: Consumption, Sales, Production, and Other Forecasts 2020-2026

Author : Ronak Bora | Published Date : 2020-09-02 

Global facial recognition market is growing demand for advanced identification and verification technologies stemming from rising security concerns is poised to drive outlook. Facial recognition systems are witnessing demand from several sectors for precise identification of individuals to ensure security. Cameras integrated with facial recognition technology are widely deployed on streets to aid law enforcement agencies identify blacklisted individuals or criminals.

These systems are also adopted by public places such as large stadiums, museums, shopping malls to track unwanted intrusions at the entry point. The U.S. department of Homeland Security recently announced its biometric exit plan to identify travel compliance with visa status which aims to leverage facial recognition technology for all air travel passengers by 2023.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/2593

3D facial recognition technology is experiencing high demand as it offers accurate results even in dim light conditions. The technology uses facial parameters, such as shape of the nose, chin and depth of the eyes of image captured of an individual for comparison with the available database of images.

These systems offer excellent accuracy while capturing images from videos and they can also track certain parameters like changes in the skin texture, ageing which 2D facial recognition systems cannot track with precision. 3D facial technology is likely to witness major demand from use in document verification, identity management and cross-border monitoring over the coming years.

Top Key Players In Facial Recognition Market are Accenture PLC, Animetrics Inc., AnyVision, Aware, Inc., Ayonix Corporation, Certibio, Cognitec Systems GmbH, Daon Inc., Face++, Facefirst Inc., Fujitsu Limited, Fulcrum Biometrics, Inc., Herta Security, HYPR Corp., IDEMIA, Key Lemon Ltd., Leidos, M2SYS, NEC Corporation, Nuance Communications, NtechLab, Panasonic Corporation, SmilePass, Stereovision Imaging, Inc., Thales Group

Interactive digital signage aids in better identification of customer demographics and displays relevant, interactive and personalized advertisements as per customer requirements. Intelligent signage through face recognition is gaining traction as retailers are spending in smart marketing to gain customer insights so as to maximize profits. Intelligent signage allows retailers in offering customized promotional offers to attract potential customers.

North America facial recognition market share is estimated to gain traction through 2026 on account of the rising adoption of smart technology across various sectors including homeland security, defense, surveillance, retail, healthcare and BFSI for ensuring better operations.

In 2019, SnapPay, an international payment solution provider deployed a facial recognition payment technology for merchants in North America. The facial recognition payment technology enabled convenient payment solutions for consumers at retail outlets, saving time for both customers and retailers.

Table Of Content:

Chapter 5.   Facial Recognition Market, By Component

5.1.  Key trends, by component

5.2.  Software

5.2.1.  Market estimates and forecast, 2016 - 2026

5.2.2.  2D facial recognition

5.2.2.1.   Market estimates and forecast, 2016 - 2026

5.2.3.  3D facial recognition

5.2.3.1.   Market estimates and forecast, 2016 - 2026

5.2.4.  Facial analytics

5.2.4.1.   Market estimates and forecast, 2016 – 2026

5.3.  Services

5.3.1.  Market estimates and forecast, 2016 – 2026

Chapter 6.   Facial Recognition Market, By Application

6.1.  Key trends, by application

6.2.  Criminal investigation

6.2.1.  Market estimates and forecast, 2016 - 2026

6.3.  Homeland security

6.3.1.  Market estimates and forecast, 2016 – 2026

6.4.  ID management, attendance tracking & monitoring

6.4.1.  Market estimates and forecast, 2016 – 2026

6.5.  Intelligent signage

6.5.1.  Market estimates and forecast, 2016 – 2026

6.6.  Photo indexing & sorting

6.6.1.  Market estimates and forecast, 2016 – 2026

6.7.  Physical security

6.7.1.  Market estimates and forecast, 2016 – 2026

6.8.  Others

6.8.1.  Market estimates and forecast, 2016 – 2026

Chapter 7.   Facial Recognition Market, By End-Use

7.1.  Key trends, by end-use

7.2.  Aerospace & defense

7.2.1.  Market estimates and forecast, 2016 - 2026

7.3.  Automotive

7.3.1.  Market estimates and forecast, 2016 - 2026

7.4.  BFSI

7.4.1.  Market estimates and forecast, 2016 - 2026

7.5.  Education

7.5.1.  Market estimates and forecast, 2016 - 2026

7.6.  Healthcare

7.6.1.  Market estimates and forecast, 2016 - 2026

7.7.  Retail & e-commerce

7.7.1.  Market estimates and forecast, 2016 - 2026

7.8.  Government

7.8.1.  Market estimates and forecast, 2016 – 2026

7.9.  Others

7.9.1.  Market estimates and forecast, 2016 – 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/facial-recognition-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

 

Contact Us:

Arun Hegde

Corporate Sales, USA

Global Market Insights, Inc.

Phone: 1-302-846-7766

Toll Free: 1-888-689-0688

Email: [email protected]

 

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

Related News

Healthcare Gamification Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Published Date: 2020-09-22         Author: Ronak Bora

Healthcare Gamification Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry ... Read More

Steam Autoclaves Market 2020 By Regional Trend & Growth Forecast To 2024

Published Date: 2020-09-22         Author: Ronak Bora

Steam Autoclaves Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challen... Read More

Vaccines Market Future Challenges and Industry Growth Outlook by 2020-2025

Published Date: 2020-09-22         Author: Ronak Bora

Vaccines Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges. ... Read More

© 2020 Fractovia. All Rights Reserved