Facial Recognition - Global Market Outlook (2017-2026)

July 2018 | 168 pages | ID: F94368A1DAFEN
Stratistics Market Research Consulting

Abstracts

According to Stratistics MRC, the Global Facial Recognition market is expected to grow from $4.05 billion in 2017 to reach $14.95 billion by 2026 with a CAGR of 15.6%. Factors such as rising applications in various industry sectors, growing smart phone implementation and increasing instances of identity threats are fueling the market growth. However, misinterpretation of faces or emotions and high initial costs are hindering the market growth. The major opportunities in the market are adoption of cloud-based technology solutions and increasing number of smart city projects across the world.

Facial recognition is a biometric technology capable of identifying or verifying a person by comparing the facial features from an image with the stored facial database. Moreover, facial recognition is widely preferred over other biometric technologies, such as voice recognition, skin texture recognition, iris recognition and fingerprint scanning due to its non-contact process and easy deployment. Currently, this technology is majorly used for security and marketing purpose.

By component, services segment is expected to have considerable growth in this market owing to the rising information among enterprises regarding the characteristics of facial recognition technologies and growing need for a more safe biometric system. However, 3D facial recognition technology segment has a significant growth in this market during the forecast period. The 3D facial recognition technologies have a high potential to better accuracy, recognize, and authenticate the facial characteristics of individuals. The technologies are also used in application areas, such as cross-border monitoring, document verification, and identity management.

Based on geography, Asia Pacific is expected to grow at the highest CAGR during the forecast period. Huge investments from the government sector toward security and surveillance infrastructure, improved public awareness, and the emergence of complicated technologies backed by analytics are some of the factors driving the market growth in this region.

Some of the key players in the Facial Recognition market include 3M Company, Techno Brain, Cognitec Systems, Aware, Keylemon, Herta Security, Neurotechnology, Animetrics, Gemalto, Idemia, NEC, Ayonix, Nviso, NEC Corporation, Cross Match, FaceFirst, Inc., Google and XiD Technologies.

Technologies Covered:

• Databases
• Facial Recognition Software and Sdk
• Modeling and Restructuring
• Analytics Solution
• Middleware

Components Covered:

• Services
• Software Tools
• Hardware

Use Cases Covered:

• Attendance Tracking and Monitoring
• Law Enforcement
• Emotion Recognition
• Access Control
• Other Use Cases

Applications Covered:

• Intelligent signage
• Web Application
• Photo Indexing and Sorting
• Physical Security
• Business Intelligence
• ID Management
• Criminal Investigation
• Physical Security
• Other Applications

End Users Covered:

• Enterprises
• Government
• Transportation
• Other End Users

Regions Covered:

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• France
• Spain
• Rest of Europe
• Asia Pacific
• Japan
• China
• India
• Australia
• New Zealand
• South Korea
• Rest of Asia Pacific
• South America
• Argentina
• Brazil
• Chile
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• UAE
• Qatar
• South Africa
• Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends.
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements.

Contents

1 EXECUTIVE SUMMARY

2 PREFACE

2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
  2.4.1 Data Mining
  2.4.2 Data Analysis
  2.4.3 Data Validation
  2.4.4 Research Approach
2.5 Research Sources
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions

3 MARKET TREND ANALYSIS

3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Futuristic Market Scenario

4 PORTERS FIVE FORCE ANALYSIS

4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 GLOBAL FACIAL RECOGNITION MARKET, BY TECHNOLOGY

5.1 Introduction
5.2 Databases
5.3 Facial Recognition Software and Sdk
5.4 Modeling and Restructuring
5.5 Analytics Solution
5.6 Middleware

6 GLOBAL FACIAL RECOGNITION MARKET, BY COMPONENT

6.1 Introduction
6.2 Services
  6.2.1 Cloud-Based Facial Recognition Services
  6.2.2 Training and Consulting Services
6.3 Software Tools
  6.3.1 3D Facial Recognition
  6.3.2 Thermal Face Recognition
  6.3.3 2D Facial Recognition
6.4 Hardware
  6.4.1 Cameras
  6.4.2 Scanners
  6.4.3 Handheld Devices
  6.4.4 Integrated Devices

7 GLOBAL FACIAL RECOGNITION MARKET, BY USE CASE

7.1 Introduction
7.2 Attendance Tracking and Monitoring
7.3 Law Enforcement
7.4 Emotion Recognition
7.5 Access Control
7.6 Other Use Cases
  7.6.1 eLearning
  7.6.2 Robotics

8 GLOBAL FACIAL RECOGNITION MARKET, BY APPLICATION

8.1 Introduction
8.2 Intelligent signage
8.3 Web Application
8.4 Photo Indexing and Sorting
8.5 Physical Security
8.6 Business Intelligence
8.7 ID Management
8.8 Criminal Investigation
8.9 Physical Security
8.10 Other Applications
  8.10.1 Automotive and Phone
  8.10.2 VIP Recognition
  8.10.3 Personal Computer (PC)

9 GLOBAL FACIAL RECOGNITION MARKET, BY END USER

9.1 Introduction
9.2 Enterprises
  9.2.1 Healthcare
  9.2.2 Retail
  9.2.3 Banking, Financial Services, and Insurance
9.3 Government
  9.3.1 Military & Defense
  9.3.2 Homeland Security
  9.3.3 Hospitality
9.4 Transportation
9.5 Other End Users
  9.5.1 Casinos
  9.5.2 Public Places

10 GLOBAL FACIAL RECOGNITION MARKET, BY GEOGRAPHY

10.1 Introduction
10.2 North America
  10.2.1 US
  10.2.2 Canada
  10.2.3 Mexico
10.3 Europe
  10.3.1 Germany
  10.3.2 UK
  10.3.3 Italy
  10.3.4 France
  10.3.5 Spain
  10.3.6 Rest of Europe
10.4 Asia Pacific
  10.4.1 Japan
  10.4.2 China
  10.4.3 India
  10.4.4 Australia
  10.4.5 New Zealand
  10.4.6 South Korea
  10.4.7 Rest of Asia Pacific
10.5 South America
  10.5.1 Argentina
  10.5.2 Brazil
  10.5.3 Chile
  10.5.4 Rest of South America
10.6 Middle East & Africa
  10.6.1 Saudi Arabia
  10.6.2 UAE
  10.6.3 Qatar
  10.6.4 South Africa
  10.6.5 Rest of Middle East & Africa

11 KEY DEVELOPMENTS

11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies

12 COMPANY PROFILING

12.1 3M Company
12.2 Techno Brain
12.3 Cognitec Systems
12.4 Aware
12.5 Keylemon
12.6 Herta Security
12.7 Neurotechnology
12.8 Animetrics
12.9 Gemalto
12.10 Idemia
12.11 Ayonix
12.12 Nviso
12.13 NEC Corporation
12.14 Cross Match
12.15 FaceFirst, Inc.
12.16 Google
12.17 XiD Technologies

List Of Tables

LIST OF TABLES

Table 1 Global Facial Recognition Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Facial Recognition Market Outlook, By Technology (2016-2026) ($MN)
Table 3 Global Facial Recognition Market Outlook, By Databases (2016-2026) ($MN)
Table 4 Global Facial Recognition Market Outlook, By Facial Recognition Software and Sdk (2016-2026) ($MN)
Table 5 Global Facial Recognition Market Outlook, By Modeling and Restructuring (2016-2026) ($MN)
Table 6 Global Facial Recognition Market Outlook, By Analytics Solution (2016-2026) ($MN)
Table 7 Global Facial Recognition Market Outlook, By Middleware (2016-2026) ($MN)
Table 8 Global Facial Recognition Market Outlook, By Component (2016-2026) ($MN)
Table 9 Global Facial Recognition Market Outlook, By Services (2016-2026) ($MN)
Table 10 Global Facial Recognition Market Outlook, By Cloud-Based Facial Recognition Services (2016-2026) ($MN)
Table 11 Global Facial Recognition Market Outlook, By Training and Consulting Services (2016-2026) ($MN)
Table 12 Global Facial Recognition Market Outlook, By Software Tools (2016-2026) ($MN)
Table 13 Global Facial Recognition Market Outlook, By 3D Facial Recognition (2016-2026) ($MN)
Table 14 Global Facial Recognition Market Outlook, By Thermal Face Recognition (2016-2026) ($MN)
Table 15 Global Facial Recognition Market Outlook, By 2D Facial Recognition (2016-2026) ($MN)
Table 16 Global Facial Recognition Market Outlook, By Hardware (2016-2026) ($MN)
Table 17 Global Facial Recognition Market Outlook, By Cameras (2016-2026) ($MN)
Table 18 Global Facial Recognition Market Outlook, By Scanners (2016-2026) ($MN)
Table 19 Global Facial Recognition Market Outlook, By Handheld Devices (2016-2026) ($MN)
Table 20 Global Facial Recognition Market Outlook, By Integrated Devices (2016-2026) ($MN)
Table 21 Global Facial Recognition Market Outlook, By Use Case (2016-2026) ($MN)
Table 22 Global Facial Recognition Market Outlook, By Attendance Tracking and Monitoring (2016-2026) ($MN)
Table 23 Global Facial Recognition Market Outlook, By Law Enforcement (2016-2026) ($MN)
Table 24 Global Facial Recognition Market Outlook, By Emotion Recognition (2016-2026) ($MN)
Table 25 Global Facial Recognition Market Outlook, By Access Control (2016-2026) ($MN)
Table 26 Global Facial Recognition Market Outlook, By Other Use Cases (2016-2026) ($MN)
Table 27 Global Facial Recognition Market Outlook, By e-Learning (2016-2026) ($MN)
Table 28 Global Facial Recognition Market Outlook, By Robotics (2016-2026) ($MN)
Table 29 Global Facial Recognition Market Outlook, By Application (2016-2026) ($MN)
Table 30 Global Facial Recognition Market Outlook, By Intelligent signage (2016-2026) ($MN)
Table 31 Global Facial Recognition Market Outlook, By Web Application (2016-2026) ($MN)
Table 32 Global Facial Recognition Market Outlook, By Photo Indexing and Sorting (2016-2026) ($MN)
Table 33 Global Facial Recognition Market Outlook, By Physical Security (2016-2026) ($MN)
Table 34 Global Facial Recognition Market Outlook, By Business Intelligence (2016-2026) ($MN)
Table 35 Global Facial Recognition Market Outlook, By ID Management (2016-2026) ($MN)
Table 36 Global Facial Recognition Market Outlook, By Criminal Investigation (2016-2026) ($MN)
Table 37 Global Facial Recognition Market Outlook, By Physical Security (2016-2026) ($MN)
Table 38 Global Facial Recognition Market Outlook, By Other Applications (2016-2026) ($MN)
Table 39 Global Facial Recognition Market Outlook, By Automotive and Phone (2016-2026) ($MN)
Table 40 Global Facial Recognition Market Outlook, By VIP Recognition (2016-2026) ($MN)
Table 41 Global Facial Recognition Market Outlook, By Personal Computer (PC) (2016-2026) ($MN)
Table 42 Global Facial Recognition Market Outlook, By End User (2016-2026) ($MN)
Table 43 Global Facial Recognition Market Outlook, By Enterprises (2016-2026) ($MN)
Table 44 Global Facial Recognition Market Outlook, By Healthcare (2016-2026) ($MN)
Table 45 Global Facial Recognition Market Outlook, By Retail (2016-2026) ($MN)
Table 46 Global Facial Recognition Market Outlook, By Banking, Financial Services, and Insurance (2016-2026) ($MN)
Table 47 Global Facial Recognition Market Outlook, By Government (2016-2026) ($MN)
Table 48 Global Facial Recognition Market Outlook, By Military & Defense (2016-2026) ($MN)
Table 49 Global Facial Recognition Market Outlook, By Homeland Security (2016-2026) ($MN)
Table 50 Global Facial Recognition Market Outlook, By Hospitality (2016-2026) ($MN)
Table 51 Global Facial Recognition Market Outlook, By Transportation (2016-2026) ($MN)
Table 52 Global Facial Recognition Market Outlook, By Other End Users (2016-2026) ($MN)
Table 53 Global Facial Recognition Market Outlook, By Casinos (2016-2026) ($MN)
Table 54 Global Facial Recognition Market Outlook, By Public Places (2016-2026) ($MN)
Note: Regional tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are presented in similar manner as the above.