Facial Recognition Market Size, Share, Manufacturers, Countries and Forecast to 2020
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Technology Insights<br />
It includes facial analytics, 2D, <strong>and</strong> 3D. <strong>Facial</strong> analytics is largely used in education <strong>and</strong> research, retail <strong>and</strong> police<br />
services <strong>to</strong> ascertain ever changing features like gender, age, <strong>and</strong> other facial attributes. 2D technology is<br />
broadly used due <strong>to</strong> the low cost of installation along with ease of operation as it makes use of two-dimensional<br />
appearance recognition. 2D technology is not accurate in several conditions like changing expressions, angles,<br />
<strong>and</strong> environmental conditions. The 3D technology uses the high definition as well as a complex algorithm. Its<br />
market is anticipated <strong>to</strong> grow significantly throughout the forecast period.<br />
Browse Full Research Report @<br />
https://www.millioninsights.com/industry-reports/facial-recognition-market-size<br />
Regional Insights<br />
Due <strong>to</strong> the increasing threats both internal <strong>and</strong> external, <strong>Facial</strong> recognition market is widely used across the<br />
globe <strong>to</strong> direct security needs. North America is estimated <strong>to</strong> be the major regional market over the forecast<br />
period due <strong>to</strong> the wide use of facial recognition technology in the departments of U.S. such as defense, justice,<br />
homel<strong>and</strong> security <strong>and</strong> much more. Also, government initiatives like the e-KTP project in Indonesia <strong>and</strong> UIDAI<br />
project in India for generating individuals’ id are anticipated <strong>to</strong> offer opportunities for this market in Asia Pacific<br />
region. European markets of the Spain, Italy, Germany, France, <strong>and</strong> UK are anticipated <strong>to</strong> thrive the market over<br />
the forecast period.<br />
Competitive Insights<br />
The facial recognition market is dominated by Nuance Communications, FaceFirst, Precise Biometrics, Aurora<br />
Computer Services, NEC Corporation, Ayonix, Animetrics, Aware Inc <strong>and</strong> 3M Cogent. Ayonix Inc. deals with realtime<br />
face recognition which uses IP cameras <strong>to</strong> locate suspects in public <strong>and</strong> VIP cus<strong>to</strong>mers in sec<strong>to</strong>rs like retail,<br />
hospitality, banking, <strong>and</strong> others.<br />
<strong>Market</strong> segmentation<br />
<strong>Facial</strong> <strong>Recognition</strong> Technology Outlook (Revenue, USD Million, 2012 - <strong>2020</strong>)<br />
• 2D<br />
• 3D<br />
• <strong>Facial</strong> Analytics<br />
• <strong>Facial</strong> <strong>Recognition</strong> End-Use Outlook (Revenue, USD Million, 2012 - <strong>2020</strong>)
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