Market Overview

The Global Market for Facial Recognition, 2018: The Market is Set to Reach ~$15 Billion by 2026 - ResearchAndMarkets.com

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The "Facial
Recognition - Global Market Outlook (2017-2026)"
report has
been added to ResearchAndMarkets.com's offering.

According to the report, the market is expected to grow from $4.05
billion in 2017 to reach $14.95 billion by 2026 with a CAGR of 15.6%.

Factors such as rising applications in various industry sectors, growing
smart phone implementation and increasing instances of identity threats
are fueling the market growth. However, misinterpretation of faces or
emotions and high initial costs are hindering the market growth. The
major opportunities in the market are adoption of cloud-based technology
solutions and increasing number of smart city projects across the world.

By component, the services segment is expected to have considerable
growth in this market owing to the rising information among enterprises
regarding the characteristics of facial recognition technologies and
growing need for a more safe biometric system.

Based on geography, Asia Pacific is expected to grow at the highest CAGR
during the forecast period. Huge investments from the government sector
toward security and surveillance infrastructure, improved public
awareness, and the emergence of complicated technologies backed by
analytics are some of the factors driving the market growth in this
region.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porter's Five Force Analysis

5 Global Facial Recognition Market, By Technology

6 Global Facial Recognition Market, By Component

7 Global Facial Recognition Market, By Use Case

8 Global Facial Recognition Market, By Application

9 Global Facial Recognition Market, By End-User

10 Global Facial Recognition Market, By Geography

11 Key Developments

12 Company Profiling

  • 3M Company
  • Techno Brain
  • Cognitec Systems
  • Aware
  • Keylemon
  • Herta Security
  • Neurotechnology
  • Animetrics
  • Gemalto
  • Idemia
  • Ayonix
  • Nviso
  • NEC Corporation
  • Cross Match
  • FaceFirst Inc.
  • Google
  • XiD Technologies

For more information about this report visit https://www.researchandmarkets.com/research/jkg9ps/the_global_market?w=4

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