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Facial Recognition Market Share
- Report ID: GMI2593
- Published Date: Jul 2020
- Report Format: PDF
Facial Recognition Market Share
Major companies operating in the market include
- Aware. Inc.
- Ayonix Corporation
- Cognitec Systems GmbH
- Daon, Inc.
- Idemia
- Facefirst, Inc.
- Thales Group
- Herta Security
- NEC Corporation
- Ntechlab
- Stereovision Imaging, Inc.
- Panasonic Corporation
- VisionLabs B.V.
Market leaders are focusing on research & development to launch innovative solutions that cater to the market demand of several end-use sectors.
Frequently Asked Questions (FAQ) :
The market size of facial recognition surpassed USD 3 billion in 2019.
The industry share of facial recognition is poised to grow at a CAGR of over 18% between 2020 and 2026.
The retail & e-commerce sector in the market will expand at over 20% CAGR through 2026, says this research report by Global Market Insights, Inc.
According to the analysts GMI, the Asia Pacific market is anticipated to witness growth of around 19% during the forecast timespan.
Major players operating in the industry include Aware. Inc., Ayonix Corporation, Cognitec Systems GmbH, Daon, Inc., Idemia, Facefirst, Inc., Thales Group, Herta Security, NEC Corporation, Ntechlab, Stereovision Imaging, Inc., Panasonic Corporation, and VisionLabs B.V.
3D solutions are more precise & accurate and eliminate the disadvantages of 2D systems. The demand for more accuracy in capturing the real-time image of a person's facial surface has led to the rapid market adoption of an effective software using a 3D model.
Facial Recognition Market Scope
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