Global Facial Recognition Market 2016-2020

Global Facial Recognition Market 2016-2020

Category : ICT & Media
Published On : January  2016
Pages : 44



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About Facial Recognition

Facial recognition is a biometrics software technology that is used for individual identification and authentication. The identification and authentication process is carried out by comparing an individuals facial features, which are extracted from an image, with those stored in a database. Facial recognition is used in the government, BFSI, and defense sectors for preventing unauthorized access to high-security areas as well as other private and public buildings.

Technavios analysts forecast the global facial recognition market to grow at a CAGR of 23.74% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global facial recognition market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services related to facial recognition systems.

The market is divided into the following segments based on end-user: 
Government
Transportation
BFSI
Others

Technavios report, Global Facial Recognition market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
3M Cogent
Cognitec Systems
Gemalto
NEC
Safran

Other prominent vendors 
ArcSoft
Aurora Computer Services
Aware
FaceFirst
Fulcrum Biometrics
Google
Imagus Technology
KeyLemon
Lathem Time
Luxand
Netatmo
XID Technologies

Market driver 
Emergence of residential and commercial security systems
For a full, detailed list, view our report 

Market challenge 
Privacy issues
For a full, detailed list, view our report 

Market trend 
Shift from 2D to 3D facial recognition
For a full, detailed list, view our report 

Key questions answered in this report 
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors? 

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

PART 01: Executive summary
Key findings

PART 02: Scope of the report

PART 03: Market research methodology
Research methodology
Economic indicators

PART 04: Introduction
Key market highlights
Assumptions

PART 05: Market description
Workflow of facial recognition systems
Advantages and disadvantages of facial recognition systems
Applications of facial recognition systems
Comparison of facial recognition with other biometrics technologies

PART 06: Market landscape
Market overview
Market size and forecast

PART 07: Life cycle analysis

PART 08: Market segmentation by end-user
Global facial recognition market by end-user
Global facial recognition market by government sector
Global facial recognition market by transportation sector
Global facial recognition market by BFSI sector

PART 09: Geographical segmentation
Global facial recognition market by geography
Global facial recognition market by geography (revenue)

PART 10: Buying criteria

PART 11: Market development
Emergence of multimodal biometrics

PART 12: Market trends
Shift from 2D to 3D facial recognition
Emergence of facial analytics
Commercialization of facial recognition technology
Integration of facial biometrics in smart cards

PART 13: Market challenges
Privacy issues
High error rates
Competition from non-biometrics technologies
Lack of established international standards

PART 14: Five forces analysis

PART 15: Key vendor analysis
Product offerings
Vendor matrix
Competitive rating
Mergers and acquisitions
Other prominent vendors

PART 16: Appendix
List of abbreviations

PART 17: Explore Technavio

List Of Exhibits
Exhibit 01: Workflow of facial recognition systems
Exhibit 02: Market overview
Exhibit 03: Global facial recognition market 2015-2020 ($ billions)
Exhibit 04: Life cycle analysis
Exhibit 05: Global facial recognition market by end-user 2015-2020
Exhibit 06: Global facial recognition market by government sector 2015-2020 ($ billions)
Exhibit 07: Global facial recognition market by transportation sector 2015-2020 ($ millions)
Exhibit 08: Global facial recognition market by BFSI sector 2015-2020 ($ millions)
Exhibit 09: Global facial recognition market by geography 2015-2020
Exhibit 10: Global facial recognition market by geography 2015-2020 ($ millions)
Exhibit 11: Buying criteria
Exhibit 12: Five forces analysis
Exhibit 13: Comparative rating

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