The Global Facial Recognition in Security and Surveillance Market size is expected to reach USD 14.2 billion by 2032, growing at a CAGR of 14.5% from 2023 to 2032.
This study provides a thorough overview of the current global market for facial recognition in security and surveillance in terms of the supply and demand environments, as well as the pricing trend going forward. The SWOT analysis, primary product portfolio, revenue, market share, and profitability of the world’s top players are included in their profiles. This paper investigates the supply chain from the viewpoint of the industry, including the introduction of the process chart, the upstream major raw material and cost analysis, the distributor and downstream buyer analysis, and more. Under the backdrop of a study of market drivers and inhibitors, this report also includes information on market size and forecast for the global and regional markets, major product development trends, and typical downstream segment scenarios.
The demand for advanced security solutions is rising across a variety of sectors, including government, law enforcement, healthcare, and finance, among others. The ongoing COVID-19 epidemic and the expanding demand for contactless biometric verification are both driving up the use of facial recognition technologies in security and surveillance applications. The development of the facial recognition market is also being aided by improvements in facial recognition technology, such as increased speed and accuracy. However, worries over data security and privacy may somewhat impede the growth of the facial recognition market for security and surveillance.
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Company Profiles:
• NEC Corporation
• IDEMIA
• Cognitec Systems GmbH
• Gemalto (Thales Group)
• Aware Inc.
• Ayonix Corporation
• Safran Group
• FaceFirst Inc.
• Panasonic Corporation
• Herta Security
• Innovatrics
• Crossmatch (Part of HID Global)
• Aurora Computer Services Ltd.
• Animetrics Inc.
Segmentation:
By Application
• Access Control
• Video Surveillance
• Threat Detection and Prevention
• Identity Verification
• Others
By End-User Industry:
• Government and law enforcement
• TYransportation
• Retail
• Banking and finance
• Healthcare
• Hospitality
• Others.
Regions
North America,U.S.,Canada,Mexico,Europe,Germany,U.K.,France,Italy,Spain,Russia,Rest of Europe,Asia Pacific,China,Japan,India,Australia,Korea,Rest of Asia pacific,South America,Brazil,Argentina,Colombia,Rest of South America,Middle East & Africa,UAE,Saudi Arabia,Egypt,Oman,Kuwait,South Africa,Rest of MEA
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Research objectives:
- To analyze the Facial Recognition In Security And Surveillance with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To study and analyze the global Facial Recognition In Security And Surveillance market size by key regions/countries, product type and application, history.
- To understand the structure of Facial Recognition In Security And Surveillance market by identifying its various sub segments.
- Focuses on the key global Facial Recognition In Security And Surveillance players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To project the size of Facial Recognition In Security And Surveillance submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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