Global Facial Recognition Market report from Global Insight Services is the single authoritative source of intelligence on Facial Recognition Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Facial recognition is a technology that can be used to identify individuals from images or videos. This technology can be used for security purposes, such as identifying criminals or verifying the identity of individuals. Facial recognition technology can also be used for non-security purposes, such as finding lost persons or identifying people in photographs.
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Key Trends
There are three key trends in facial recognition technology:
1. Increased accuracy: Facial recognition technology is becoming more accurate as algorithms are improved and more data is collected. This means that the technology can be used for more purposes, such as identifying criminals and locating missing persons.
2. Lower costs: The cost of facial recognition technology is decreasing as it becomes more widely available. This makes it more affordable for businesses and organizations to use.
Key Drivers
There are several key drivers of the facial recognition market.
Firstly, the technology is becoming increasingly accurate, with newer algorithms able to detect faces with greater accuracy than ever before. This is leading to increased adoption in a range of applications, from security and law enforcement to retail and consumer electronics.
Secondly, the costs of facial recognition technology are falling, making it more affordable for a wider range of organizations.
Market Segments
By Technology
- 2D
- 3D
- Facial Analytics
By Application
- Emotion Recognition
- Access Control
By End-Use
- Telecom & IT
- Government
By Region
- North America
- The U.S.
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Key Players
- Aware, Inc.
- Ayonix Corporation
- Cognitec Systems GmbH
- FacePhi
- Fujitsu
- Gemalto NV
- IDEMIA
- NEC Corporation
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