Facial Recognition Market - Global Opportunity Analysis and Industry Forecast, 2015 - 2022research report release by Allied Market Research, the global facial recognition market is expected to generate revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a biometric technology that selects facial features of an individual and compares them with an available database to provide identification and authorization. North America is expected to dominate the market throughout the forecast period, owing to the high expenditure on security systems by government agencies in the region. Facial recognition technologies include 2D, 3D, and facial analytics. The 3D facial recognition technology segment holds a significant share in thefacial recognition market, owing to its high accuracy in terms of recognizing facial features as compared to the 2D facial recognition technology. This segment is expected to witness the fastest growth rate during the forecast period. 2D technology is also widely used due to its low installation cost and operational ease as it uses 2D appearance recognition.

1. Publish Date : Jun 2016 No of Pages:177
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2. Facial Recognition Market - Global Opportunity Analysis and Industry Forecast, 2015 - 2022research
report release by Allied Market Research, the global facial recognition market is expected to generate
revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a
biometric technology that selects facial features of an individual and compares them with an available
database to provide identification and authorization. North America is expected to dominate the market
throughout the forecast period, owing to the high expenditure on security systems by government
agencies in the region.
Facial recognition technologies include 2D, 3D, and facial analytics. The 3D facial recognition technology
segment holds a significant share in thefacial recognition market, owing to its high accuracy in terms of
recognizing facial features as compared to the 2D facial recognition technology. This segment is expected
to witness the fastest growth rate during the forecast period. 2D technology is also widely used due to its
low installation cost and operational ease as it uses 2D appearance recognition.
Among the component segments, hardware accounted for the maximum revenue share in 2015, owing
to high cost of 2D and 3D cameras. The facial recognition software market is estimated to grow at a CAGR
of 23.9% during the forecast period. Development of effective and efficient facial recognition software
applications is expected to drive this market.
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Facial Recognition Market - Introduction

3. Facial Recognition Market - Key Benefits
 Comprehensive analysis of the current trends and future estimations
of the world facial recognition market is provided.
 The report provides a competitive scenario of the market with
current and future growth trends, structure, driving factors, scope,
opportunities, and challenges.
 The report includes a comprehensive analysis of the market
segments to provide insights on the market dynamics.
 Porter’s Five Forces analysis highlights the potential of buyers and
suppliers as well as provides insights on the competitive structure of
the market to devise effective growth strategies and facilitate better
decision-making.
 Value chain analysis provides key inputs on the role of stakeholders
involved at various stages.
 SWOT analysis of the key market players highlights their strengths
and weaknesses along with potential opportunities present in the
market.

4. Facial Recognition Market - Table of Contents
1. INTRODUCTION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. WORLD FACIAL RECOGNITION MARKET, BY TECHNOLOGY
5. WORLD FACIAL RECOGNITION MARKET, BY COMPONENT
6. WORLD FACIAL RECOGNITION MARKET, BY APPLICATION
7. WORLD FACIAL RECOGNITION MARKET, BY GEOGRAPHY
8. COMPANY PROFILE

5. Facial Recognition Market - By Application
By Application
o Homeland Security
o Criminal Investigation
o ID Management
o Physical Security
o Intelligent Signage
o Web Application
o Business Intelligence
o Photo Indexing and Sorting
o Others (VIP Recognition, Automotive and Phone, PC &
Banking Login)

6. Facial Recognition Market - impacting factors

7. Facial Recognition Market - By Technology
By Technology
2D Facial
Recognition
3D Facial
Recognition
Facial
Analytics

8. Facial Recognition Market - By Component
1. Hardware
• Scanners
• Cameras
• Handheld
Devices
• Integrated
Devices
2.Software
By Component

9. Facial Recognition Market - By Geography
North America, Europe, Asia Pacific, LAMEA

10. Company Profiles
1. 3M
2. Cognitec Systems GmbH
3. NEC Corporation
4. FaceFirst, Inc.
5. Nuance Communications Inc.
6. Crossmatch
7. International Business Machines Corporation (IBM)
8. Animetrics
9. Daon Inc.

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