Technology trends

Facial Recognition Market Share 2022 at 17% CAGR by Application, Technology, Trends and Opportunities Forecast to 2029 – Shanghaiist

Facial Recognition Market Share 2022 Global Industry Key Strategies, Historical Analysis, Segmentation, Application, Technology, Trends and Opportunities Forecast to 2029

facial recognition The market size will register a CAGR of 17% in terms of revenue and is expected to reach a value of USD 13 billion by 2028 during the forecast period 2019 to 2028

The qualitative and quantitative data of facial recognition focuses on drivers, regional growth, opportunities, influencing trends and challenges. The research report also uses numerous analytical methodologies including SWOT analysis, value chain analysis, and supply chain analysis. Moreover, the research report offers detailed information on significant prospects such as acquisitions, most recent affiliations, and many factors influencing the growth of the global “Facial Recognition” market.

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Top Key Players are covered in this report: FacePhi, Aware, NEC Corporation, TECH5, IDEMIA, Gemalto NV, Ayonix Corporation and Cognitec Systems GmbH and others

The report splits the international facial recognition market by application. By region, by type and by end user. Each segment of the market is thoroughly examined to provide reliable knowledge for market investments. The Facial Recognition research report reveals the current market norms, recent significant revolutions in results, and market players. Hence, this research report will help global market clients to plan their next future towards the future markets environment.

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facial recognition Market segmentation

Facial recognition market by technology segment, 2019-2028, (USD million)

3D facial recognition

2D facial recognition

Facial Analytics

Facial recognition market by application segment, 2019-2028, (USD million)

Recognition of emotions

Attendance tracking and monitoring

Access control

Security Monitoring

Facial Recognition Market by End-Use Industry Segment, 2019-2028, (USD Million)

Law enforcement

Health care


Other end users

Regional Assessment: Global Facial Recognition Market

This market assessment document has been compiled as a reference to help readers understand the many market trends that have emerged in certain geographic pockets over time, including those in Europe, North America and Latin America, Asia and a number of MEA and ROW countries. In order to promote high growth, reduce market restraints and growth retardants, the study also thoughtfully incorporated a detailed understanding of trends at national and local levels. North America includes the United States, Canada and Mexico

  • Europe includes Germany, France, UK, Italy and Spain
  • South America includes Colombia, Argentina, Nigeria and Chile
  • Asia-Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

Main highlights of this report:

The market study includes historical and forecast data such as demand, application details, price trends and company shares of the facial recognition market by geography, especially on key regions like United States , the European Union, China and other regions.

Additionally, the report provides an overview of key market drivers, challenges, opportunities, and risks and vendor strategies. Key players are also profiled with their market shares in the global facial recognition market discussed. Overall, this report covers the historical status, current status and future prospects of the global facial recognition market from 2019 to 2028.

This Facial Recognition Market offers superior market perspective in terms of product trends, marketing strategy, future products, new geographic markets, future events, sales strategies, customer actions or behaviors . This market research presents actionable market insights with which sustainable and profitable business strategies can be created.

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