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Facial Recognition Market is Expected to Reach $9.6 Billion, Globally, by 2022

acial Recognition Market - Global Opportunity Analysis and Industry Forecast, 2015 - 2022research report release by Allied Market Research, the global facial recognition market is expected to generate revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a biometric technology that selects facial features of an individual and compares them with an available database to provide identification and authorization. North America is expected to dominate the market throughout the forecast period, owing to the high expenditure on security systems by government agencies in the region.<br><br>Facial recognition technologies include 2D, 3D, and facial analytics. The 3D facial recognition technology segment holds a significant share in thefacial recognition market, owing to its high accuracy in terms of recognizing facial features as compared to the 2D facial recognition technology. This segment is expected to witness the fastest growth rate during the forecast period. 2D technology is also widely used due to its low installation cost and operational ease as it uses 2D appearance recognition.

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Facial Recognition Market is Expected to Reach $9.6 Billion, Globally, by 2022

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  1. Graphene Batter Market rket Virtual Training and Simulation Market Facial Recognition Market Flip Chip Market Opportunities and Forecasts, 2014 – 2022 2014 – 2022 Opportunities and Forecasts, 2014 – 2022 Opportunities and Forecasts, Opportunities and Forecasts, 2014 – 2022 2014 – 2022 Opportunities and Forecasts, Publish Date : Jun 2016 No of Pages:177

  2. Facial Recognition Market - Introduction Facial Recognition Market - Global Opportunity Analysis and Industry Forecast, 2015 - 2022research report release by Allied Market Research, the global facial recognition market is expected to generate revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a biometric technology that selects facial features of an individual and compares them with an available database to provide identification and authorization. North America is expected to dominate the market throughout the forecast period, owing to the high expenditure on security systems by government agencies in the region. Facial recognition technologies include 2D, 3D, and facial analytics. The 3D facial recognition technology segment holds a significant share in thefacial recognition market, owing to its high accuracy in terms of recognizing facial features as compared to the 2D facial recognition technology. This segment is expected to witness the fastest growth rate during the forecast period. 2D technology is also widely used due to its low installation cost and operational ease as it uses 2D appearance recognition. Among the component segments, hardware accounted for the maximum revenue share in 2015, owing to high cost of 2D and 3D cameras. The facial recognition software market is estimated to grow at a CAGR of 23.9% during the forecast period. Development of effective and efficient facial recognition software applications is expected to drive this market. Download Sample - https://www.alliedmarketresearch.com/request-free-sample/794

  3. Facial Recognition Market - Key Benefits  Comprehensive analysis of the current trends and future estimations of the world facial recognition market is provided.  The report provides a competitive scenario of the market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges.  The report includes a comprehensive analysis of the market segments to provide insights on the market dynamics.  Porter’s Five Forces analysis highlights the potential of buyers and suppliers as well as provides insights on the competitive structure of the market to devise effective growth strategies and facilitate better decision-making.  Value chain analysis provides key inputs on the role of stakeholders involved at various stages.  SWOT analysis of the key market players highlights their strengths and weaknesses along with potential opportunities present in the market.

  4. Facial Recognition Market - Table of Contents 1. INTRODUCTION 2. EXECUTIVE SUMMARY 3. MARKET OVERVIEW 4. WORLD FACIAL RECOGNITION MARKET, BY TECHNOLOGY 5. WORLD FACIAL RECOGNITION MARKET, BY COMPONENT 6. WORLD FACIAL RECOGNITION MARKET, BY APPLICATION 7. WORLD FACIAL RECOGNITION MARKET, BY GEOGRAPHY 8. COMPANY PROFILE

  5. Facial Recognition Market - By Application By Application o Homeland Security o Criminal Investigation o ID Management o Physical Security o Intelligent Signage o Web Application o Business Intelligence o Photo Indexing and Sorting o Others (VIP Recognition, Automotive and Phone, PC & Banking Login)

  6. Facial Recognition Market - impacting factors

  7. Facial Recognition Market - By Technology By Technology Facial Analytics 2D Facial Recognition 3D Facial Recognition

  8. Facial Recognition Market - By Component By Component 1. Hardware • Scanners • Cameras • Handheld Devices • Integrated Devices 2.Software

  9. Facial Recognition Market - By Geography North America, Europe, Asia Pacific, LAMEA

  10. Company Profiles 1. 3M 2. Cognitec Systems GmbH 3. NEC Corporation 4. FaceFirst, Inc. 5. Nuance Communications Inc. 6. Crossmatch 7. International Business Machines Corporation (IBM) 8. Animetrics 9. Daon Inc.

  11. Thank You Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/facial- recognition-market Follow Us On

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