Zion Market Research, the market research group announced the analysis report titled ‘Facial Recognition Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024’
Global Facial Recognition Market: Overview
In the stored facial database, the identification of the individuals is made by comparing their facial features from an image; this biometric technology is known as facial recognition. In the coming years, this market is going to grow tremendously owing to its increased use in non-law enforcement and law enforcement applications. Among the other biometric technologies, such as skin texture recognition, fingerprint scanning, voice recognition, and iris recognition, facial recognition is preferred on a large scale owing to its easy deployment and non-contact process. This technology is mainly used in the marketing and security purpose.
Request Free Sample Report @ https://www.zionmarketresearch.com/sample/facial-recognition-market
Global Facial Recognition Market: Segmentation
The facial recognition market is segmented globally into its component, technology, and use case. On the basis of the component, the global market is segregated into service and software. The service segment is further sub-segmented into cloud-based facial recognition services and training and consulting service. The software segment is sub-segmented into thermal facial recognition, 2D facial recognition, and 3D facial recognition. Based on the technology, the market is categorized into middleware, modeling and restructuring, facial recognition software and SDK (Software Development Kit), databases, and analytics solutions. On the basis of the use case, the facial recognition market is bifurcated into emotion recognition, surveillance, law enforcement, monitoring, e-learning, robotics, and others.
Global Facial Recognition Market: Growth Factors
The use of facial recognition provides the high level of security in the private and the public sectors. In the recent years, there has been an increase in the terrorist attacks in the government organizations, thus the demand for the facial recognition is growing on a large scale. The factors that increased the use of the facial recognition is its increasing application in the intelligent signage and physical security, the technological advancements made such as 3D-based recognition systems and cloud-based services have huge implementations of the facial recognition. Technically developed facial recognition systems with its application in the mobile security and drones will provide huge opportunities in the future. However, factors such as lack of accuracy, lack of security of the personally shared data, and the high implementation cost are likely to hamper the market growth.
Request Report TOC (Table of Contents) @ https://www.zionmarketresearch.com/toc/facial-recognition-market
Global Facial Recognition Market: Regional Analysis
Region-wise, the facial recognition market is diversified into North America, Asia-Pacific, Europe, and Rest of the World. The region that dominates the facial recognition market is the North America. The developed regions in North America have the deep-rooted infrastructure which favors the market growth. The major countries that are contributing to the market share are the US and Canada. The factor that attributes this growth is the established economy that allows making investments in the new technologies. The Asia Pacific region also has a huge scope for the growth of the facial recognition market. Huge investments made by the government for the surveillance and security infrastructure increased awareness among the people, and the increasing developments made are some of the factors that are driving the Asia-Pacific facial recognition market.
Global Facial Recognition Market: Competitive Players
The key market players in the facial recognition market include NEC Corporation, Safran Group, Cognitec Systems GmbH, Keylemon, Animetrics, 3M, Aware, Daon Inc., Ayonix, and nViso.
Browse detail report @ https://www.zionmarketresearch.com/report/facial-recognition-market
Facial Recognition Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa
Our value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; the report also presents the detailed overview on segmentation of this market. We managed to present as many important pieces of information in essential form – thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies for major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.
About Us: Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Visit Our Blog: https://zionmarketresearch.wordpress.com/