Facial Recognition Market to show impressive growth of 14.47% CAGR during the period 2022-2027 | Neurotechnology, Nviso, Cognitec Systems

The global Facial Recognition market size is expected to expand at a CAGR of 14.47% during the forecast period, reaching USD 8946.11 million by 2027 was valued at USD 3975.52 million in 2021.

Facial Recognition Market explore investment in Market. It classify how companies deploying these technologies across various industry verticals aim to explore its future to become a major business disrupter. The Facial Recognition study eludes very useful reviews & strategic assessment including the generic market trends, emerging technologies, industry drivers, challenges, regulatory policies that propel the market growth, along with major players profile and strategies. The study includes market share analysis and profiles of players such as Neurotechnology, Nviso, Cognitec Systems, Daon, NEC, Techno Brain, Idemia, Animetrics, 3M, Facefirst Inc., Ayonix, IBM, Crossmatch, Nuance Communications, Keylemon, Herta Security, Gemalto

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Facial Recognition Market Overviwe:

The global Facial Recognition market size was valued at USD 3975.52 million in 2021 and is expected to expand at a CAGR of 14.47% during the forecast period, reaching USD 8946.11 million by 2027.

Facial recognition is a category of biometric software that maps an individual's facial features mathematically and stores the data as a faceprint. The software uses deep learning algorithms to compare a live capture or digital image to the stored faceprint in order to verify an individual's identity.

Market split by Type, can be divided into: -

2D Facial Recognition
3D Facial Recognition
Thermal Face Recognition

Market split by Application, can be divided into: -

Emotion Recognition
Attendance Tracking and Monitoring
Access Control
Law Enforcement
Others

Major Key Players of the Market:

Neurotechnology
Nviso
Cognitec Systems
Daon
NEC
Techno Brain
Idemia
Animetrics
3M
Facefirst Inc.
Ayonix
IBM
Crossmatch
Nuance Communications
Keylemon
Herta Security
Gemalto

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Market segment by Region/Country including: -

-North America (United States, Canada and Mexico)
-Europe (Germany, UK, France, Italy, Russia and Spain etc.)
-Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
-South America (Brazil, Argentina and Colombia etc.)
-Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

FIVE FORCES & PESTLE ANALYSIS:

In order to better understand Market condition five forces analysis is conducted that includes Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, Threat of rivalry.

Political (Political policy and stability as well as trade, fiscal and taxation policies)
Economical (Interest rates, employment or unemployment rates, raw material costs and foreign exchange rates)
Social (Changing family demographics, education levels, cultural trends, attitude changes and changes in lifestyles)
Technological (Changes in digital or mobile technology, automation, research and development)
Legal (Employment legislation, consumer law, health and safety, international as well as trade regulation and restrictions)
Environmental (Climate, recycling procedures, carbon footprint, waste disposal and sustainability)

Key takeaways from the Facial Recognition market report:

1. Detailed considerate of Facial Recognition market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
2. Comprehensive valuation of all prospects and threat in the - In depth study of industry strategies for growth of the Facial Recognition market-leading players.
3. Facial Recognition market latest innovations and major procedures.
4. Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
5. Conclusive study about the growth conspiracy of Facial Recognition market for forthcoming years.

To Know How Covid-19 Pandemic Will Impact This Market

Table of Contents:

1 Facial Recognition Market Overview
1.1 Product Overview and Scope of Facial Recognition Market
1.2 Facial Recognition Market Segment by Type
1.2.1 Global Facial Recognition Market Sales Volume and CAGR (%) Comparison by Type (2017-2027)
1.3 Global Facial Recognition Market Segment by Application
1.3.1 Facial Recognition Market Consumption (Sales Volume) Comparison by Application (2017-2027)
1.4 Global Facial Recognition Market, Region Wise (2017-2027)
1.4.1 Global Facial Recognition Market Size (Revenue) and CAGR (%) Comparison by Region (2017-2027)
1.4.2 United States Facial Recognition Market Status and Prospect (2017-2027)
1.4.3 Europe Facial Recognition Market Status and Prospect (2017-2027)
1.4.4 China Facial Recognition Market Status and Prospect (2017-2027)
1.4.5 Japan Facial Recognition Market Status and Prospect (2017-2027)
1.4.6 India Facial Recognition Market Status and Prospect (2017-2027)
1.4.7 Southeast Asia Facial Recognition Market Status and Prospect (2017-2027)
1.4.8 Latin America Facial Recognition Market Status and Prospect (2017-2027)
1.4.9 Middle East and Africa Facial Recognition Market Status and Prospect (2017-2027)
1.5 Global Market Size of Facial Recognition (2017-2027)
1.5.1 Global Facial Recognition Market Revenue Status and Outlook (2017-2027)
1.5.2 Global Facial Recognition Market Sales Volume Status and Outlook (2017-2027)
1.6 Global Macroeconomic Analysis
1.7 The impact of the Russia-Ukraine war on the Facial Recognition Market

2 Industry Outlook
2.1 Facial Recognition Industry Technology Status and Trends
2.2 Industry Entry Barriers
2.2.1 Analysis of Financial Barriers
2.2.2 Analysis of Technical Barriers
2.2.3 Analysis of Talent Barriers
2.2.4 Analysis of Brand Barrier
2.3 Facial Recognition Market Drivers Analysis
2.4 Facial Recognition Market Challenges Analysis
2.5 Emerging Market Trends
2.6 Consumer Preference Analysis
2.7 Facial Recognition Industry Development Trends under COVID-19 Outbreak
2.7.1 Global COVID-19 Status Overview
2.7.2 Influence of COVID-19 Outbreak on Facial Recognition Industry Development

3 Global Facial Recognition Market Landscape by Player
3.1 Global Facial Recognition Sales Volume and Share by Player (2017-2022)
3.2 Global Facial Recognition Revenue and Market Share by Player (2017-2022)
3.3 Global Facial Recognition Average Price by Player (2017-2022)
3.4 Global Facial Recognition Gross Margin by Player (2017-2022)
3.5 Facial Recognition Market Competitive Situation and Trends
3.5.1 Facial Recognition Market Concentration Rate
3.5.2 Facial Recognition Market Share of Top 3 and Top 6 Players
3.5.3 Mergers & Acquisitions, Expansion

4 Global Facial Recognition Sales Volume and Revenue Region Wise (2017-2022)
4.1 Global Facial Recognition Sales Volume and Market Share, Region Wise (2017-2022)
4.2 Global Facial Recognition Revenue and Market Share, Region Wise (2017-2022)
4.3 Global Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4 United States Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.4.1 United States Facial Recognition Market Under COVID-19
4.5 Europe Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.5.1 Europe Facial Recognition Market Under COVID-19
4.6 China Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.6.1 China Facial Recognition Market Under COVID-19
4.7 Japan Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.7.1 Japan Facial Recognition Market Under COVID-19
4.8 India Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.8.1 India Facial Recognition Market Under COVID-19
4.9 Southeast Asia Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.9.1 Southeast Asia Facial Recognition Market Under COVID-19
4.10 Latin America Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.10.1 Latin America Facial Recognition Market Under COVID-19
4.11 Middle East and Africa Facial Recognition Sales Volume, Revenue, Price and Gross Margin (2017-2022)
4.11.1 Middle East and Africa Facial Recognition Market Under COVID-19

5 Global Facial Recognition Sales Volume, Revenue, Price Trend by Type
5.1 Global Facial Recognition Sales Volume and Market Share by Type (2017-2022)
5.2 Global Facial Recognition Revenue and Market Share by Type (2017-2022)
5.3 Global Facial Recognition Price by Type (2017-2022)
5.4 Global Facial Recognition Sales Volume, Revenue and Growth Rate by Type (2017-2022)
5.4.1 Global Facial Recognition Sales Volume, Revenue and Growth Rate of 2D Facial Recognition (2017-2022)
5.4.2 Global Facial Recognition Sales Volume, Revenue and Growth Rate of 3D Facial Recognition (2017-2022)
5.4.3 Global Facial Recognition Sales Volume, Revenue and Growth Rate of Thermal Face Recognition (2017-2022)

6 Global Facial Recognition Market Analysis by Application
6.1 Global Facial Recognition Consumption and Market Share by Application (2017-2022)
6.2 Global Facial Recognition Consumption Revenue and Market Share by Application (2017-2022)
6.3 Global Facial Recognition Consumption and Growth Rate by Application (2017-2022)
6.3.1 Global Facial Recognition Consumption and Growth Rate of Emotion Recognition (2017-2022)
6.3.2 Global Facial Recognition Consumption and Growth Rate of Attendance Tracking and Monitoring (2017-2022)
6.3.3 Global Facial Recognition Consumption and Growth Rate of Access Control (2017-2022)
6.3.4 Global Facial Recognition Consumption and Growth Rate of Law Enforcement (2017-2022)
6.3.5 Global Facial Recognition Consumption and Growth Rate of Others (2017-2022)

7 Global Facial Recognition Market Forecast (2022-2027)
7.1 Global Facial Recognition Sales Volume, Revenue Forecast (2022-2027)
7.1.1 Global Facial Recognition Sales Volume and Growth Rate Forecast (2022-2027)
7.1.2 Global Facial Recognition Revenue and Growth Rate Forecast (2022-2027)
7.1.3 Global Facial Recognition Price and Trend Forecast (2022-2027)
7.2 Global Facial Recognition Sales Volume and Revenue Forecast, Region Wise (2022-2027)
7.2.1 United States Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.2 Europe Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.3 China Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.4 Japan Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.5 India Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.6 Southeast Asia Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.7 Latin America Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.2.8 Middle East and Africa Facial Recognition Sales Volume and Revenue Forecast (2022-2027)
7.3 Global Facial Recognition Sales Volume, Revenue and Price Forecast by Type (2022-2027)
7.3.1 Global Facial Recognition Revenue and Growth Rate of 2D Facial Recognition (2022-2027)
7.3.2 Global Facial Recognition Revenue and Growth Rate of 3D Facial Recognition (2022-2027)
7.3.3 Global Facial Recognition Revenue and Growth Rate of Thermal Face Recognition (2022-2027)
7.4 Global Facial Recognition Consumption Forecast by Application (2022-2027)
7.4.1 Global Facial Recognition Consumption Value and Growth Rate of Emotion Recognition(2022-2027)
7.4.2 Global Facial Recognition Consumption Value and Growth Rate of Attendance Tracking and Monitoring(2022-2027)
7.4.3 Global Facial Recognition Consumption Value and Growth Rate of Access Control(2022-2027)
7.4.4 Global Facial Recognition Consumption Value and Growth Rate of Law Enforcement(2022-2027)
7.4.5 Global Facial Recognition Consumption Value and Growth Rate of Others(2022-2027)
7.5 Facial Recognition Market Forecast Under COVID-19

8 Facial Recognition Market Upstream and Downstream Analysis
8.1 Facial Recognition Industrial Chain Analysis
8.2 Key Raw Materials Suppliers and Price Analysis
8.3 Manufacturing Cost Structure Analysis
8.3.1 Labor Cost Analysis
8.3.2 Energy Costs Analysis
8.3.3 R&D Costs Analysis
8.4 Alternative Product Analysis
8.5 Major Distributors of Facial Recognition Analysis
8.6 Major Downstream Buyers of Facial Recognition Analysis
8.7 Impact of COVID-19 and the Russia-Ukraine war on the Upstream and Downstream in the Facial Recognition Industry

9 Players Profiles
9.1 Neurotechnology
9.1.1 Neurotechnology Basic Information, Manufacturing Base, Sales Region and Competitors
9.1.2 Facial Recognition Product Profiles, Application and Specification
9.1.3 Neurotechnology Market Performance (2017-2022)
9.1.4 Recent Development
9.1.5 SWOT Analysis
9.2 Nviso
9.2.1 Nviso Basic Information, Manufacturing Base, Sales Region and Competitors
9.2.2 Facial Recognition Product Profiles, Application and Specification
9.2.3 Nviso Market Performance (2017-2022)
9.2.4 Recent Development
9.2.5 SWOT Analysis
9.3 Cognitec Systems
9.3.1 Cognitec Systems Basic Information, Manufacturing Base, Sales Region and Competitors
9.3.2 Facial Recognition Product Profiles, Application and Specification
9.3.3 Cognitec Systems Market Performance (2017-2022)
9.3.4 Recent Development
9.3.5 SWOT Analysis
9.4 Daon
9.4.1 Daon Basic Information, Manufacturing Base, Sales Region and Competitors
9.4.2 Facial Recognition Product Profiles, Application and Specification
9.4.3 Daon Market Performance (2017-2022)
9.4.4 Recent Development
9.4.5 SWOT Analysis
9.5 NEC
9.5.1 NEC Basic Information, Manufacturing Base, Sales Region and Competitors
9.5.2 Facial Recognition Product Profiles, Application and Specification
9.5.3 NEC Market Performance (2017-2022)
9.5.4 Recent Development
9.5.5 SWOT Analysis
9.6 Techno Brain
9.6.1 Techno Brain Basic Information, Manufacturing Base, Sales Region and Competitors
9.6.2 Facial Recognition Product Profiles, Application and Specification
9.6.3 Techno Brain Market Performance (2017-2022)
9.6.4 Recent Development
9.6.5 SWOT Analysis
9.7 Idemia
9.7.1 Idemia Basic Information, Manufacturing Base, Sales Region and Competitors
9.7.2 Facial Recognition Product Profiles, Application and Specification
9.7.3 Idemia Market Performance (2017-2022)
9.7.4 Recent Development
9.7.5 SWOT Analysis
9.8 Animetrics
9.8.1 Animetrics Basic Information, Manufacturing Base, Sales Region and Competitors
9.8.2 Facial Recognition Product Profiles, Application and Specification
9.8.3 Animetrics Market Performance (2017-2022)
9.8.4 Recent Development
9.8.5 SWOT Analysis
9.9 3M
9.9.1 3M Basic Information, Manufacturing Base, Sales Region and Competitors
9.9.2 Facial Recognition Product Profiles, Application and Specification
9.9.3 3M Market Performance (2017-2022)
9.9.4 Recent Development
9.9.5 SWOT Analysis
9.10 Facefirst Inc.
9.10.1 Facefirst Inc. Basic Information, Manufacturing Base, Sales Region and Competitors
9.10.2 Facial Recognition Product Profiles, Application and Specification
9.10.3 Facefirst Inc. Market Performance (2017-2022)
9.10.4 Recent Development
9.10.5 SWOT Analysis
9.11 Ayonix
9.11.1 Ayonix Basic Information, Manufacturing Base, Sales Region and Competitors
9.11.2 Facial Recognition Product Profiles, Application and Specification
9.11.3 Ayonix Market Performance (2017-2022)
9.11.4 Recent Development
9.11.5 SWOT Analysis
9.12 IBM
9.12.1 IBM Basic Information, Manufacturing Base, Sales Region and Competitors
9.12.2 Facial Recognition Product Profiles, Application and Specification
9.12.3 IBM Market Performance (2017-2022)
9.12.4 Recent Development
9.12.5 SWOT Analysis
9.13 Crossmatch
9.13.1 Crossmatch Basic Information, Manufacturing Base, Sales Region and Competitors
9.13.2 Facial Recognition Product Profiles, Application and Specification
9.13.3 Crossmatch Market Performance (2017-2022)
9.13.4 Recent Development
9.13.5 SWOT Analysis
9.14 Nuance Communications
9.14.1 Nuance Communications Basic Information, Manufacturing Base, Sales Region and Competitors
9.14.2 Facial Recognition Product Profiles, Application and Specification
9.14.3 Nuance Communications Market Performance (2017-2022)
9.14.4 Recent Development
9.14.5 SWOT Analysis
9.15 Keylemon
9.15.1 Keylemon Basic Information, Manufacturing Base, Sales Region and Competitors
9.15.2 Facial Recognition Product Profiles, Application and Specification
9.15.3 Keylemon Market Performance (2017-2022)
9.15.4 Recent Development
9.15.5 SWOT Analysis
9.16 Herta Security
9.16.1 Herta Security Basic Information, Manufacturing Base, Sales Region and Competitors
9.16.2 Facial Recognition Product Profiles, Application and Specification
9.16.3 Herta Security Market Performance (2017-2022)
9.16.4 Recent Development
9.16.5 SWOT Analysis
9.17 Gemalto
9.17.1 Gemalto Basic Information, Manufacturing Base, Sales Region and Competitors
9.17.2 Facial Recognition Product Profiles, Application and Specification
9.17.3 Gemalto Market Performance (2017-2022)
9.17.4 Recent Development
9.17.5 SWOT Analysis

10 Research Findings and Conclusion

11 Appendix
11.1 Methodology
11.2 Research Data Source

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