Description
Facial Recognition Market to Grow
Facial Recognition Market to Grow at 23.74% CAGR During
2016-2020 Worldwide
One of the major drivers of the facial recognition market is the integration of facial
recognition solutions in surveillance cameras for use in residential and commercial
security.
One of the major drivers of the facial recognition market is the integration of facial recognition
solutions in surveillance cameras for use in residential and commercial security.Pune, India -
January 25, 2016 /MarketersMedia/ -- The shift from 2D to 3D facial recognition is another
fast-moving trend that is expected to boost the facial recognition market growth during the forecast
period. The analysts forecast global facial recognition market to grow at a CAGR of 23.74% during
the period 2016-2020.3D facial recognition provides enhanced details of an individual's face with
sensors that project structured light, thus providing accurate results. Therefore, to identify an
individual accurately without making an error, vendors are shifting from the provision of 2D facial
recognition to 3D facial recognition.
Complete report on facial recognition market spread across 44 pages, profiling 5 companies and
supported with 13 data exhibits is now available athttp://www.reportsnreports.com/reports/461260-global-facial-recognition-market-2016-2020.html.
End-User Segmentation and Analysis of the Facial Recognition Market - Government,
Transportation, BFSI and Others
The growing awareness among government organizations about facial recognition technology for
identifying criminals has led to its dominance of the facial recognition market during 2015. For
instance, the Australian governments are investing heavily in the integration of facial recognition
technology into passports for identification of travelers and to enhance homeland security.
Geographical Segmentation and Analysis of the Facial Recognition Market - APAC, Europe, Latin
America, MEA and North America
North America was the market leader during 2015 in the facial recognition market as this region is
always the first adopter of any new technology. The US government contributed the majority of the
share in this region as a number of cities in the US are using surveillance cameras integrated with
facial recognition technology to track people. Order a Single User License Copy of Global Facial
Recognition Market 2016-2020 Report athttp://www.reportsnreports.com/Purchase.aspx?name=461260.
Competitive Landscape and Key Vendors
At present, the global facial recognition market witness the dominance of the international players
who compete among each other on the basis of innovation and product offerings. Factors like the
emergence of multimodal biometrics technology and its rapid traction among end-users are
encouraging vendors to come up with innovative offerings to enhance their market share.
Key players in the global facial recognition market: 3M Cogent, Cognitec Systems, Gemalto, NEC
and Safran
Other prominent vendors in the market are: ArcSoft, Aurora Computer Services, Aware, FaceFirst,
Fulcrum Biometrics, Google, Imagus Technology, KeyLemon, Lathem Time, Luxand, Netatmo, and
XID Technologies.
Further, the facial recognition market report states that privacy issues are posing a challenge to the
adoption of facial recognition systems in organizations.
Explore other new reports on IT & Telecommunication Market athttp://www.reportsnreports.com/market-research/information-technology/.
Page 1/2
About Us:
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of
over 5000 micro markets. Call +1 888 391 5441 with your research requirements or email the details
at [email protected] and we would be happy to help you find the business intelligence
that you need. ReportsnReports.com offers research studies on agriculture, energy and power,
automotive, Semiconductor and Electronics, Manufacturing & Construction, chemicals,
environment, medical devices, healthcare, food and beverages, water and much more.
For more information about us, please visithttp://www.reportsnreports.com/reports/461260-global-facial-recognition-market-2016-2020.htmlCon
tact Info:Name: Ritesh TiwariOrganization: ReportsnReportsAddress: UNIT no 802, Tower no. 7,
SEZ Magarpatta city, Hadapsar, Pune, Maharashtra 411013, India.Phone: + 1 888 391 5441Source:http://marketersmedia.com/facial-recognition-market-to-grow-at-23-74-cagr-during-2016-2020-world
wide/102012Release ID: 102012
Contact Information
For more information visit http:// (http://)
Keywords
You can read this press release online here
Page 2/2
doc_530787832.pdf
Facial Recognition Market to Grow
Facial Recognition Market to Grow at 23.74% CAGR During
2016-2020 Worldwide
One of the major drivers of the facial recognition market is the integration of facial
recognition solutions in surveillance cameras for use in residential and commercial
security.
One of the major drivers of the facial recognition market is the integration of facial recognition
solutions in surveillance cameras for use in residential and commercial security.Pune, India -
January 25, 2016 /MarketersMedia/ -- The shift from 2D to 3D facial recognition is another
fast-moving trend that is expected to boost the facial recognition market growth during the forecast
period. The analysts forecast global facial recognition market to grow at a CAGR of 23.74% during
the period 2016-2020.3D facial recognition provides enhanced details of an individual's face with
sensors that project structured light, thus providing accurate results. Therefore, to identify an
individual accurately without making an error, vendors are shifting from the provision of 2D facial
recognition to 3D facial recognition.
Complete report on facial recognition market spread across 44 pages, profiling 5 companies and
supported with 13 data exhibits is now available athttp://www.reportsnreports.com/reports/461260-global-facial-recognition-market-2016-2020.html.
End-User Segmentation and Analysis of the Facial Recognition Market - Government,
Transportation, BFSI and Others
The growing awareness among government organizations about facial recognition technology for
identifying criminals has led to its dominance of the facial recognition market during 2015. For
instance, the Australian governments are investing heavily in the integration of facial recognition
technology into passports for identification of travelers and to enhance homeland security.
Geographical Segmentation and Analysis of the Facial Recognition Market - APAC, Europe, Latin
America, MEA and North America
North America was the market leader during 2015 in the facial recognition market as this region is
always the first adopter of any new technology. The US government contributed the majority of the
share in this region as a number of cities in the US are using surveillance cameras integrated with
facial recognition technology to track people. Order a Single User License Copy of Global Facial
Recognition Market 2016-2020 Report athttp://www.reportsnreports.com/Purchase.aspx?name=461260.
Competitive Landscape and Key Vendors
At present, the global facial recognition market witness the dominance of the international players
who compete among each other on the basis of innovation and product offerings. Factors like the
emergence of multimodal biometrics technology and its rapid traction among end-users are
encouraging vendors to come up with innovative offerings to enhance their market share.
Key players in the global facial recognition market: 3M Cogent, Cognitec Systems, Gemalto, NEC
and Safran
Other prominent vendors in the market are: ArcSoft, Aurora Computer Services, Aware, FaceFirst,
Fulcrum Biometrics, Google, Imagus Technology, KeyLemon, Lathem Time, Luxand, Netatmo, and
XID Technologies.
Further, the facial recognition market report states that privacy issues are posing a challenge to the
adoption of facial recognition systems in organizations.
Explore other new reports on IT & Telecommunication Market athttp://www.reportsnreports.com/market-research/information-technology/.
Page 1/2
About Us:
ReportsnReports.com is an online market research reports library of 500,000+ in-depth studies of
over 5000 micro markets. Call +1 888 391 5441 with your research requirements or email the details
at [email protected] and we would be happy to help you find the business intelligence
that you need. ReportsnReports.com offers research studies on agriculture, energy and power,
automotive, Semiconductor and Electronics, Manufacturing & Construction, chemicals,
environment, medical devices, healthcare, food and beverages, water and much more.
For more information about us, please visithttp://www.reportsnreports.com/reports/461260-global-facial-recognition-market-2016-2020.htmlCon
tact Info:Name: Ritesh TiwariOrganization: ReportsnReportsAddress: UNIT no 802, Tower no. 7,
SEZ Magarpatta city, Hadapsar, Pune, Maharashtra 411013, India.Phone: + 1 888 391 5441Source:http://marketersmedia.com/facial-recognition-market-to-grow-at-23-74-cagr-during-2016-2020-world
wide/102012Release ID: 102012
Contact Information
For more information visit http:// (http://)
Keywords
You can read this press release online here
Page 2/2
doc_530787832.pdf