Report Detail
Global Face Recognition Systems Market Growth (Status and Outlook) 2019-2024
- RnM2988732 |
- 20 February, 2019 |
- Global |
- 116 Pages |
- LPI(LP Information) |
- Service & Software
This report studies the Face Recognition Systems market, a face recognition system is a computer application capable of identifying or verifying a person from a digital image or a video frame from a video source. One of the ways to do this is by comparing selected facial features from the image and a face database.
Currently, the market is primarily driven by robust technological advancements for development of efficient surveillance systems required by civil and government agencies. This is due to rising instances of criminal and terrorist activities and identification of fraud cases across the globe. Moreover, facial recognition systems that can scan images in all environmental conditions are being developed using 3D facial recognition technology. This would help overcome the barriers of 2D facial recognition technology that include light and pose deflections of the object. However, restrictions on users to share their personal details i.e. covert monitoring of an individual, is expected to hinder the market growth. Furthermore, increased adoption of facial recognition in web applications for picture tagging, social interaction, and others is expected to drive the demand for facial recognition in future.
The global facial recognition market is analyzed on the basis of parameters such as type of technology, end-use industry and geographic regions. Of the different technology types, the 2D facial recognition technology segment contributed a significant revenue share （about 59.67%） in the global market in 2016. This is due to the adoption and acceptance of 2D facial recognition technology in surveillance, which is primarily due to its low cost and easy installation using existing cameras. The market for 3D facial recognition technology, that offers better and accurate results, is expected to record steady growth as compared to 2D technology. Furthermore, the facial recognition market is witnessing development of facial analytics systems that help generate descriptive metadata about a given face, apart from simple identification. This has resulted in the use of facial recognition technique as both identification and authentication tools.
According to this study, over the next five years the Face Recognition Systems market will register a 13.0% CAGR in terms of revenue, the global market size will reach US$ 1100 million by 2024, from US$ 530 million in 2019. In particular, this report presents the global revenue market share of key companies in Face Recognition Systems business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Face Recognition Systems market by product type, application, key companies and key regions.
This study considers the Face Recognition Systems value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
2D Face Recognition
3D Face Recognition
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Emotion Recognition
Law Enforcement, Surveillance, and Monitoring
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
NEC Corporation
Safran Group
Gemalto
Ayonix
Crossmatch Technologies
Aware Inc
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Face Recognition Systems market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Face Recognition Systems market by identifying its various subsegments.
Focuses on the key global Face Recognition Systems players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Face Recognition Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Face Recognition Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Face Recognition Systems Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Face Recognition Systems Market Size 2014-2024
- 2.1.2 Face Recognition Systems Market Size CAGR by Region
- 2.2 Face Recognition Systems Segment by Type
- 2.2.1 2D Face Recognition
- 2.2.2 3D Face Recognition
- 2.2.3 Thermal Face Recognition
- 2.3 Face Recognition Systems Market Size by Type
- 2.3.1 Global Face Recognition Systems Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Face Recognition Systems Market Size Growth Rate by Type (2014-2019)
- 2.4 Face Recognition Systems Segment by Application
- 2.4.1 Emotion Recognition
- 2.4.2 Law Enforcement, Surveillance, and Monitoring
- 2.4.3 Others
- 2.5 Face Recognition Systems Market Size by Application
- 2.5.1 Global Face Recognition Systems Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Face Recognition Systems Market Size Growth Rate by Application (2014-2019)
3 Global Face Recognition Systems by Players
- 3.1 Global Face Recognition Systems Market Size Market Share by Players
- 3.1.1 Global Face Recognition Systems Market Size by Players (2017-2019)
- 3.1.2 Global Face Recognition Systems Market Size Market Share by Players (2017-2019)
- 3.2 Global Face Recognition Systems Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Face Recognition Systems by Regions
- 4.1 Face Recognition Systems Market Size by Regions
- 4.2 Americas Face Recognition Systems Market Size Growth
- 4.3 APAC Face Recognition Systems Market Size Growth
- 4.4 Europe Face Recognition Systems Market Size Growth
- 4.5 Middle East & Africa Face Recognition Systems Market Size Growth
5 Americas
- 5.1 Americas Face Recognition Systems Market Size by Countries
- 5.2 Americas Face Recognition Systems Market Size by Type
- 5.3 Americas Face Recognition Systems Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Face Recognition Systems Market Size by Countries
- 6.2 APAC Face Recognition Systems Market Size by Type
- 6.3 APAC Face Recognition Systems Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Face Recognition Systems by Countries
- 7.2 Europe Face Recognition Systems Market Size by Type
- 7.3 Europe Face Recognition Systems Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Face Recognition Systems by Countries
- 8.2 Middle East & Africa Face Recognition Systems Market Size by Type
- 8.3 Middle East & Africa Face Recognition Systems Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Face Recognition Systems Market Forecast
- 10.1 Global Face Recognition Systems Market Size Forecast (2019-2024)
- 10.2 Global Face Recognition Systems Forecast by Regions
- 10.2.1 Global Face Recognition Systems Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Face Recognition Systems Forecast by Type
- 10.8 Global Face Recognition Systems Forecast by Application
11 Key Players Analysis
- 11.1 NEC Corporation
- 11.1.1 Company Details
- 11.1.2 Face Recognition Systems Product Offered
- 11.1.3 NEC Corporation Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 NEC Corporation News
- 11.2 Safran Group
- 11.2.1 Company Details
- 11.2.2 Face Recognition Systems Product Offered
- 11.2.3 Safran Group Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Safran Group News
- 11.3 Gemalto
- 11.3.1 Company Details
- 11.3.2 Face Recognition Systems Product Offered
- 11.3.3 Gemalto Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Gemalto News
- 11.4 Ayonix
- 11.4.1 Company Details
- 11.4.2 Face Recognition Systems Product Offered
- 11.4.3 Ayonix Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Ayonix News
- 11.5 Crossmatch Technologies
- 11.5.1 Company Details
- 11.5.2 Face Recognition Systems Product Offered
- 11.5.3 Crossmatch Technologies Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 Crossmatch Technologies News
- 11.6 Aware Inc
- 11.6.1 Company Details
- 11.6.2 Face Recognition Systems Product Offered
- 11.6.3 Aware Inc Face Recognition Systems Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Aware Inc News
...
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Face Recognition Systems . Industry analysis & Market Report on Face Recognition Systems is a syndicated market report, published as Global Face Recognition Systems Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Face Recognition Systems market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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