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(USGovernment-News.Com, August 07, 2018 ) The "Global Facial Recognition Market Analysis to 2025" is a specialized and in-depth study of the Facial Recognition industry with a focus on the global market trend. The report aims to provide an overview of global Facial Recognition market with detailed market segmentation by services, industry vertical and geography. The global Facial Recognition market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The major factors speculated to augment the markets are growing security requirements in government sectors for employee attendance and identification. Facial recognition is a biometric technology which provides high-level security for public and private sectors. It considers selected facial features and compares them with a database to provide authorization. Facial recognition system includes software, readers, and related database for providing accuracy along with security.
The industry is seeming to be fairly competitive. Some of the leading market players include NEC Corporation, 3M Cogent, Aware Inc., Animetrics Inc., Precise Biometrics, Aurora Computer Services Ltd., Ayonix Inc., Nuance Communications, FaceFirst, Safran Group, and so on. The fierce competitiveness has made these players spend in product developments to improve the customer’s requirements.
By Technology: · 2D · 3D · Facial Analytics
By Application: · Financial Services & Banking · Homeland Security · Government · Retail · Military · Othersr
By Regions: · North America · Europe · Asia Pacific · Latin America · Rest of the World
The regional analysis of Global Facial Recognition Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North American region is the leading region across the world in terms of market share. Whereas, owing to countries viz. India, Indonesia, China, and Japan, the Asia Pacific region is expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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