Facial Recognition Market Set to See Breakthrough Growth by 2027: Gemalto, NEC, Panasonic

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New Jersey, United States – (SBWIRE) – 05/17/2022 – The latest published study of the global facial recognition market by AMA Research assesses the market size, trend and forecast to 2027. Facial Recognition Market study covers important research data and evidence to be a handy reference document for managers, analysts, industry experts and other key people to have study ready to access and self-analyzed to help understand market trends, growth drivers, upcoming opportunities and challenges and about competitors.

Key players in this report include:
Aware (USA), NEC (Japan), Animetrics (USA), KeyLemon SA (Switzerland), Gemalto (Netherlands), Panasonic Corporation (Japan), Ayonix Face Technologies (Japan), Cognitec Systems GmbH (Germany) ), NVISO SA (Switzerland), Daon (USA), StereoVision Imaging (USA), id3 Technologies (France), IDEMIA (France)

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Facial recognition, a technology capable of identifying or verifying a person from the digital image or a video image from a video source. Facial recognition plays an important role in computer vision and artificial intelligence (AI) to understand and detect faces. The market itself is expected to grow significantly, owing to huge law enforcement investments in security and surveillance infrastructure, increased public awareness, and emergence of improved technologies that are expected to drive the market in the years to come.

Market trends:
The emergence of facial analysis
The advent of machine learning and natural language processing

Market factors:
Growing demand for surveillance systems to improve safety and security
Growing adoption of facial recognition in consumer electronics

Market opportunities:
Increase in instances of identity threats globally

The global facial recognition market segments and market data breakdown are illustrated below:
By Application (Emotion Recognition, Attendance Tracking & Monitoring, Access Control, Law Enforcement, Others), Component Type (Software Tools (2D & 3D Facial Recognition, Analytics Face Recognition), Services), Industry Vertical ( BFSI, Government & Defense, Retail & eCommerce, Healthcare, Education, Automotive, Others (Telecom, Energy & Utilities and Others), Deployment Model (On-Premises, Cloud-Based)

The Global Facial Recognition Market report highlights insights regarding current and future industry trends, growth patterns, as well as offers business strategies to help stakeholders make sound decisions that can help ensure the trajectory of earnings over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions:
– The Middle East and Africa (South Africa, Saudi Arabia, United Arab Emirates, Israel, Egypt, etc.)
– North America (United States, Mexico and Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia).

Report objectives
– -To carefully analyze and forecast the Facial Recognition market size by value and volume.
– -To estimate the market shares of the main facial recognition segments
– -To present the development of the Facial Recognition market in different parts of the world.
– – To analyze and study the micro markets in terms of their contributions to the Facial Recognition market, prospects, and individual growth trends.
– -Offer accurate and useful details about factors affecting facial recognition growth
– -To provide a meticulous assessment of crucial business strategies employed by leading companies operating in the Facial Recognition market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments and product launches.

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Main highlights of the table of contents:

Facial Recognition Market Research Coverage:
– It includes major manufacturers, emerging player’s growth story and major business segments of Facial Recognition market, years considered and research objectives. Further, segmentation based on product type, application, and technology.
– Executive Summary of Facial Recognition Market: It gives a summary of the global studies, growth rate, available market, competitive landscape, market drivers, trends and issues, and macroscopic indicators.
– Facial Recognition Market Production by Region Facial Recognition Market profile of manufacturers-players is studied based on SWOT, their products, production, value, financials and other factors vital.
– Key points covered in the Facial Recognition market report:
– Overview, Definition and Classification of Facial Recognition Market Drivers and Barriers
– Face recognition market competition by manufacturers
– Analysis of impact of COVID-19 on the facial recognition market
– Facial Recognition Capability, Production, Revenue (Value) by Region (2021-2027)
– Facial Recognition Supply (Production), Consumption, Export, Import by Region (2021-2027)
– Facial Recognition Market Analysis by Application {Emotion Recognition, Attendance Tracking & Monitoring, Access Control, Law Enforcement, Others}
– Facial Recognition Manufacturers Profiles/Analysis Facial Recognition Manufacturing Cost Analysis, Supply Chain/Industry Analysis, Sourcing Strategy and Downstream Buyers, Marketing
– Strategy by major manufacturers/players, standardization of connected distributors/traders, regulatory and collaborative initiatives, industry roadmap and analysis of value chain market effect factors.

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Answers to key questions
– How feasible is the facial recognition market for long-term investment?
– What are the factors influencing the demand for facial recognition in the near future?
– What is the impact analysis of various factors in the growth of the global facial recognition market?
– What are the recent regional market trends and how successful are they?

Thank you for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Contact us:
Craig Francis (Public Relations and Marketing Manager)
AMA Research & Media LLP
Unit #429, Parsonage Road Edison, NJ
New Jersey United States – 08837
Telephone: +1 (206) 317 1218
[email protected]

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