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Global facial recognition market will reach $20.63 billion by 2030, growing by 17.2% annually over 2020-2030

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Global facial recognition market will reach $20.63 billion by 2030, growing by 17.2% annually over 2020-2030 owing to the rising need for biometrics service and secure authentication technology.

Global Facial Recognition Market 2020-2030 by Technology (3D, 2D, Analytics), Component (Service, Software, Hardware), Application, End User, and Region: Trend Forecast and Growth Opportunity is based on a comprehensive research of the entire global facial recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

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In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure

Growth Drivers

Restraints and Challenges

Emerging Product Trends & Market Opportunities

Porters Fiver Forces

Based on Technology

3D Facial Recognition

2D Facial Recognition

Facial Analytics

Based on Component

Services

Cloud-Based Facial Recognition Services

Training and Consulting Services

Software Tools

3D Facial Recognition

Thermal Face Recognition

2D Facial Recognition

Hardware

Cameras

Scanners

Handheld Devices

Integrated Devices

Based on Application

Law Enforcement

Tracking and Monitoring

Emotion Recognition

Access Control

Other Applications

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Based on End User

Healthcare

BFSI

Military and Defense

Government

Hospitality

Retail and Ecommerce

Transportation

Other End Users

Key Players (this may not be a complete list and extra companies can be added upon request):

3M Company

Amazon Web Services

Animetrics

Aware

Ayonix

Cognitec Systems

Cross Match

FaceFirst, Inc.

Gemalto

Google

Herta Security

IBM

IDEMIA

Kairos

Keylemon

MorphoTrust

NEC Corporation

Nviso

Techno Brain

XiD Technologies

Source : https://altusmarketresearch.com

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