Press release
Face Recognition Systems Market Trends, Analysis, DROT, Analysis & Forecast Till 2026 | Top Key Players NEC Corporation, 3M Cogent, Safran Group, Aurora Computer Services, etc
The Face Recognition Systems Market is estimated to reach USD 11.30 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing predominance of terrorist attacks, coupled with increase in demand for surveillance systems for enhancing safety and security which are also notable factors for industry growth. Furthermore, technological advancements along with implementation of smart phone technology are expected to become the most common growth factors globally in the coming years.
The facial recognition system is the recognition of the saved facial database, through which the identification of the individuals is made by analyzing their facial features from an image. This market is going to grow remarkably due to its expanded use in non-law enforcement and law enforcement purposes. Facial recognition is favored on a large scale due to its non-contact process and accessible deployment features. It is gaining popularity among other biometric technologies, such as fingerprint scanning, skin texture recognition, voice recognition, and iris recognition. This technology is used for marketing and security purposes mainly. Facial recognition system involves software, readers, and related database for rendering efficiency along with security.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1435
Market Overview:
The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global Face Recognition Systems market growth.
Competitive Landscape:
The global Face Recognition Systems market is extremely competitive and Dominant players in the global Face Recognition Systems market are developing various strategies such as mergers and acquisitions, new product launches, investment in research and development activities, corporate deals, and partnerships to strengthen their market position and expand their product base.
Key companies operating in the market:
NEC Corporation, 3M Cogent, Safran Group, Aurora Computer Services Ltd., nViso, Aware Inc., Ayonix Inc., Precise Biometrics, FaceFirst, Nuance Communications, Keylemon, Cognitec Systems GmbH, Animetrics, Daon Inc., Ayonix
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1435
Key questions addressed in the global Face Recognition Systems market report:
What revenue CAGR is the global Face Recognition Systems market projected to register over the forecast period?
What are the key outcomes of Porter’s Five Force analysis of the global Face Recognition Systems market?
What are the key restraints hampering global market growth?
Which region is expected to account for largest revenue share between 2021 and 2028?
Which key players are operating in the global Face Recognition Systems market?
The global Face Recognition Systems market is further segmented into type and application:
By Technology Outlook (Revenue, USD Million; 2016-2026)
Analytics solutions
3D
2D
Databases
Modeling and restructuring
By Application Outlook (Revenue, USD Million; 2016-2026)
Government & Utilities
BFSI
Military
Home and Security
Others
Component Outlook (Revenue, USD Million; 2016-2026)
Hardware
Software
Services Outlook (Revenue, USD Million; 2016-2026)
Law enforcement
Emotion recognition
Attendance tracking and monitoring
Access control
Others
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1435
Regional Analysis:
Regional Outlook of Face Recognition Systems Market:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The data is obtained through extensive primary and secondary research and is verified by experts in the industry. This data is well-presented using various pictorial representations like charts, diagrams, tables and graphs to make it easier for the user and investor understand the market scenario. It also provides complete analysis of the global Face Recognition Systems market with details about statistical tools such as SWOT and Porter’s Five Forces analysis.
To know more about the report @ https://www.reportsanddata.com/report-detail/face-recognition-systems-market
Thank you for reading the report. We also offer customized report as per client requirement. Feel free to contact us to know more about customization plan. Our team will offer you best suited report as per your requirement.
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Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
The facial recognition system is the recognition of the saved facial database, through which the identification of the individuals is made by analyzing their facial features from an image. This market is going to grow remarkably due to its expanded use in non-law enforcement and law enforcement purposes. Facial recognition is favored on a large scale due to its non-contact process and accessible deployment features. It is gaining popularity among other biometric technologies, such as fingerprint scanning, skin texture recognition, voice recognition, and iris recognition. This technology is used for marketing and security purposes mainly. Facial recognition system involves software, readers, and related database for rendering efficiency along with security.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1435
Market Overview:
The information and communication technology sector is expanding at a robust pace over the recent past. Technological advancements in the ICT sector, Artificial Intelligence and robots, increasing demand for smartphones, laptops equipped with latest technologies, and growing adoption of cloud services and IOT are key factors boosting market growth. Rising investments in research and development activities, and increasing usage of internet services, social networking, are fueling global market growth. In addition, rising focus on data security, increasing enhanced techniques to store large amount of data and rising demand for smart and wireless devices are further fueling global Face Recognition Systems market growth.
Competitive Landscape:
The global Face Recognition Systems market is extremely competitive and Dominant players in the global Face Recognition Systems market are developing various strategies such as mergers and acquisitions, new product launches, investment in research and development activities, corporate deals, and partnerships to strengthen their market position and expand their product base.
Key companies operating in the market:
NEC Corporation, 3M Cogent, Safran Group, Aurora Computer Services Ltd., nViso, Aware Inc., Ayonix Inc., Precise Biometrics, FaceFirst, Nuance Communications, Keylemon, Cognitec Systems GmbH, Animetrics, Daon Inc., Ayonix
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1435
Key questions addressed in the global Face Recognition Systems market report:
What revenue CAGR is the global Face Recognition Systems market projected to register over the forecast period?
What are the key outcomes of Porter’s Five Force analysis of the global Face Recognition Systems market?
What are the key restraints hampering global market growth?
Which region is expected to account for largest revenue share between 2021 and 2028?
Which key players are operating in the global Face Recognition Systems market?
The global Face Recognition Systems market is further segmented into type and application:
By Technology Outlook (Revenue, USD Million; 2016-2026)
Analytics solutions
3D
2D
Databases
Modeling and restructuring
By Application Outlook (Revenue, USD Million; 2016-2026)
Government & Utilities
BFSI
Military
Home and Security
Others
Component Outlook (Revenue, USD Million; 2016-2026)
Hardware
Software
Services Outlook (Revenue, USD Million; 2016-2026)
Law enforcement
Emotion recognition
Attendance tracking and monitoring
Access control
Others
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/1435
Regional Analysis:
Regional Outlook of Face Recognition Systems Market:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
The data is obtained through extensive primary and secondary research and is verified by experts in the industry. This data is well-presented using various pictorial representations like charts, diagrams, tables and graphs to make it easier for the user and investor understand the market scenario. It also provides complete analysis of the global Face Recognition Systems market with details about statistical tools such as SWOT and Porter’s Five Forces analysis.
To know more about the report @ https://www.reportsanddata.com/report-detail/face-recognition-systems-market
Thank you for reading the report. We also offer customized report as per client requirement. Feel free to contact us to know more about customization plan. Our team will offer you best suited report as per your requirement.
Have a Look at Related Reports:
X-ray Fluorescence Coating Thickness Gauge Market Report @ https://www.reportsanddata.com/report-detail/x-ray-fluorescence-coating-thickness-gauge-market
Semiconductor AGV & Mobile Robots Market Report @ https://www.reportsanddata.com/report-detail/semiconductor-agv-&-mobile-robots-market
Digital Light Meter Market Report @ https://www.reportsanddata.com/report-detail/digital-light-meter-market
Tensiometer Market Report @ https://www.reportsanddata.com/report-detail/tensiometer-market
Anisotropic Conductive Film Market Report @ https://www.reportsanddata.com/report-detail/anisotropic-conductive-film-market
Contact Us:
John Watson
Head of Business Development
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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