The Facial Recognition Market: A Look Ahead

Facial Recognition Market Analysis, Size, Share, Growth, Trends, and Forecast

 

Market Size and Growth

  • It is projected to reach USD 21.56 Billion by 2031, growing at a CAGR of 17.1% during the forecast period (2023-2031).

Request a free request sample (Full Report Starting from USD 995) : https://straitsresearch.com/report/facial-recognition-market/request-sample

Regional Analysis

  • North America is the leading region in the facial recognition market, driven by technological advancements and high consumer adoption rates.
  • Asia-Pacific is the fastest-growing regional market, with significant growth due to rapid industrialization and urbanization.

Key Players

  • Aware Inc.
  • Ayonix Corporation
  • Cognitec Systems GmbH
  • FacePhi
  • Fujitsu
  • Gemalto NV
  • IDEMIA
  • NEC Corporation
  • Onfido

This Report is available for purchase on @ https://straitsresearch.com/buy-now/facial-recognition-market

Market Segmentations

  • By Component: Software, Service
  • By Technology: 2D Facial Recognition, 3D Facial Recognition, Facial Analytics
  • By Application Area: Emotion Recognition, Attendance Tracking and Monitoring, Law Enforcement, Others
  • By Industry: IT & Telecommunication, BFSI, Retail, Healthcare, Automotive, Government and Defense, Others

Get Detail Market Segmentation @ https://straitsresearch.com/report/facial-recognition-market/segmentation

Report Features

  • Comprehensive industry overview
  • In-depth company profiles
  • Customized reports and analyst assistance
  • Facial recognition market insights
  • Regional and country-specific reports

FAQs

  • Recent brand-building initiatives by key players
  • Companies that have broadened their focus by engaging in long-term societal initiatives
  • Strategies adopted by firms to remain resilient during the pandemic
  • Global trends in the facial recognition market
  • Factors influencing the final price of facial recognition devices

Scope

  • Impact of COVID-19 on the industry
  • Industry chain analysis
  • Impact of the Middle East crisis on the market

About Us:

Straits Research is a leading research and intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & research reports.

Contact Us:
Email: [email protected]
Address: 825 3rd Avenue, New York, NY, USA, 10022
Tel: +1 646 905 0080 (U.S.) +91 8087085354 (India) +44 203 695 0070 (U.K.)

 

January 5, 2025