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Companies after COVID-19 Impact on Facial Recognition Market | MarketsandMarkets

[56 Pages Report] COVID-19 related major factors (drivers, restraints, opportunities, and challenges) influencing the trends in the facial recognition market.

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Companies after COVID-19 Impact on Facial Recognition Market | MarketsandMarkets

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  1. COVID-19 Impact on Facial Recognition Market worth $4.5 billion by 2021

  2. Scope of The Report The research report categorizes the COVID-19 Impact on Facial Recognition Market to forecast the revenues and analyse the trends in each of the following subsegments: • BFSI • Government and defense • Retail and e-commerce • Healthcare • Education • Automotive • Software tools • Services By Based on component: By Verticals And More…

  3. Key Segments Facial recognition market is projected to grow from $3.8 billion in 2020 to $4.5 billion by 2021, at a CAGR of 17.1% during the forecast period. 1 The major growth factors for the growth of the facial recognition industry include a rise in government spending on security and public safety, along with the increase in demand for contactless identity verification systems. 2 Governments are relying on ubiquitous sensors and powerful analytics algorithms, instead of the physical presence of a human.  3 The widespread effect of COVID-19 has changed the dynamic of many countries and their working cultures. Countries such as South Korea and Singapore have done better than Spain and Italy.  4 5 The use of these technologies is also seen in the banking sector. The digital channels provide banks with data quickly and securely from the customers.

  4. Market Growth Rate CAGR 2020 2021 Market Size of $3.8 billion Market Size of $4.5 billion 17.1%

  5. Key Vendors Major Players • NEC (Japan) • Aware (US) • Gemalto (Netherlands) • Ayonix (Japan) • Idemia (France) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/covid-19-impact-on-facial-recognition-market-185628151.html

  6. Major Regions • North America • Europe • APAC • MEA • Latin America

  7. Critical questions the report answers • What are the current trends driving the facial recognition market? • Which applications are the most facial recognition companies deploying in the market? • Where will recent developments of market vendors take the industry in the mid- to long-term? • Who are the top vendors in the facial recognition market, and what is their competitive analysis? • What are the drivers and challenges faced by vendors in the facial recognition market?

  8. MarketsandMarkets’ Value Proposition How are we different? Most-detailed market segmentation in industry In-depth analysis of patents profiles of key market players providing a competitive landscape Market data for segments such as technologies, services & applications across geographies High level analysis of major market segments and identification of opportunities

  9. MarketsandMarkets’ Delivery Model Here's how we can help you... • Research coverage can be a wide range in varied or niche categories in the published data or custom-made as per client's projects • Assess New Product Development from inception to launch • Optimize investments in established brands and recommend new approaches in global territories • Discover potential in new geographical markets and analyze how to successfully expand into them • Analyze the Challenges, Opportunities, Market structures, Drivers and Competitive Landscape

  10. MarketsandMarkets’ Our Expertise - Compelling Business cases Market size Estimations - Company & Market Best Practices - Entry or Go-To-Market strategies - Market Dynamics, Positioning and Segmentations - Competitive Landscaping and Benchmarking - Opportunity Analysis - Economic Forecasting - Industry-specific Technology solutions - Roadmap Analysis

  11. Stay in touch Our Report Covers – Market Scenarios, Vendor landscape & Industry Road Maps. Get Free 10% Customization in this report sales@marketsandmarkets.com Or you can visit us: https://www.marketsandmarkets.com/ USA address MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : +1-888-600-6441 Corporate Headquarters MarketsandMarkets™ Research Private Ltd. Tower B5, office 101,Magarpatta SEZ,Hadapsar, Pune-411013, India+1-888-600-6441

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