Global Facial Recognition Market Size study with COVID-19 Impact, by Component (Software tools and Services), by Verticals (BFSI, Government and defense, Retail and e-commerce, Healthcare, Education and Automotive) and Regional Forecasts 2020-2027

  • Product Code:
    RP-ID-10325210
  • Published Date:
    29 Jun 2020
  • Region:
    Global
  • Pages:
    200
  • Category:
    ICT & Telecom
  • Publisher:
    Pub-ID-14

Impact Analysis on the Growth of Market

Activating Probable Propositions Amidst COVID-19 Crisis

With things going haywire, we analyze key points to make sure that the businesses around the globe are completely prepared to tackle potential implications caused by COVID-19. Be it protecting employees, customers or the overall business operations, we ensure that the employers take the right decisions, make strategic investments and maintain a healthy work culture along with taking probable measures to minimize the financial loss. Know More

Global Facial Recognition Market is valued approximately USD XX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2027. Facial Recognition is a biometric application which captures image of an individual and identify it by applying facial analytics and comparing it with the existing database. Facial recognition systems are used for security purposes. Due to COVID-19 pandemic, the global Facial Recognition market is facing challenges because of temporary shutdown of manufacturing and distribution channel across the world. The rising demand for surveillance systems to enhance safety and security, increasing application in physical security and intelligent signage and technological advancements such as cloud-based services and 3D-based recognition systems are the few factors responsible for growth of the market over the forecast period. Moreover, the introduction of innovative product and other strategic alliances by market players will create a lucrative demand for the market. For instance: on 19th February 2019, ZKTeco launched Enhanced Visible Light Facial Recognition consisting various features such as motion detection with proactive verification, identifies images and real faces (anti-spoof function), pioneering techniques, quicker and farther, ‘Touchless’ makes convenience and hygiene, applies deep learning techniques to widen face verification angle, one-stop service and users may upload personal information themselves. However, the lack of accuracy and high implementation cost of facial recognition technology are the major factors restraining the growth of global Facial Recognition market during the forecast period.


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 America is the leading/significant region across the world in terms of market share owing to the the fast adoption of new technology. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.

Major market player included in this report are:
3M
Cognitec Systems Gmbh
Nec Corporation
Nuance Communications Inc.
Crossmatch
International Business Machines Corporation (IBM)
Animetrics Inc.
Daon Inc.
Aware Inc.
Gemalto

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. The detailed segments and sub-segment of the market are explained below:

By Component:
Software tools
Services

by Verticals:
BFSI
Government and defense
Retail and e-commerce
Healthcare
Education
Automotive

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Facial Recognition Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Facial Recognition Market, by Region, 2018-2027 (USD Billion)
1.2.2. Facial Recognition Market, by Component, 2018-2027 (USD Billion)
1.2.3. Facial Recognition Market, by Verticals, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Facial Recognition Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Facial Recognition Market Dynamics
3.1. Facial Recognition Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Facial Recognition Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Facial Recognition Market, by Component
5.1. Market Snapshot
5.2. Global Facial Recognition Market by Component, Performance - Potential Analysis
5.3. Global Facial Recognition Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4. Facial Recognition Market, Sub Segment Analysis
5.4.1. Software tools
5.4.2. Services
Chapter 6. Global Facial Recognition Market, by Verticals
6.1. Market Snapshot
6.2. Global Facial Recognition Market by Verticals, Performance - Potential Analysis
6.3. Global Facial Recognition Market Estimates & Forecasts by Verticals 2017-2027 (USD Billion)
6.4. Facial Recognition Market, Sub Segment Analysis
6.4.1. BFSI
6.4.2. Government and defense
6.4.3. Retail and e-commerce
6.4.4. Healthcare
6.4.5. Education
6.4.6. Automotive
Chapter 7. Global Facial Recognition Market, Regional Analysis
7.1. Facial Recognition Market, Regional Market Snapshot
7.2. North America Facial Recognition Market
7.2.1. U.S. Facial Recognition Market
7.2.1.1. Component breakdown estimates & forecasts, 2017-2027
7.2.1.2. Verticals breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Facial Recognition Market
7.3. Europe Facial Recognition Market Snapshot
7.3.1. U.K. Facial Recognition Market
7.3.2. Germany Facial Recognition Market
7.3.3. France Facial Recognition Market
7.3.4. Spain Facial Recognition Market
7.3.5. Italy Facial Recognition Market
7.3.6. Rest of Europe Facial Recognition Market
7.4. Asia-Pacific Facial Recognition Market Snapshot
7.4.1. China Facial Recognition Market
7.4.2. India Facial Recognition Market
7.4.3. Japan Facial Recognition Market
7.4.4. Australia Facial Recognition Market
7.4.5. South Korea Facial Recognition Market
7.4.6. Rest of Asia Pacific Facial Recognition Market
7.5. Latin America Facial Recognition Market Snapshot
7.5.1. Brazil Facial Recognition Market
7.5.2. Mexico Facial Recognition Market
7.6. Rest of The World Facial Recognition Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. 3M
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Cognitec Systems Gmbh
8.2.3. Nec Corporation
8.2.4. Nuance Communications Inc.
8.2.5. Crossmatch
8.2.6. International Business Machines Corporation (IBM)
8.2.7. Animetrics Inc.
8.2.8. Daon Inc.
8.2.9. Aware Inc.
8.2.10. Gemalto
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research AssumptionTABLE 1. Global Facial Recognition market, report scope
TABLE 2. Global Facial Recognition market estimates & forecasts by region 2017-2027 (USD Billion)
TABLE 3. Global Facial Recognition market estimates & forecasts by Component 2017-2027 (USD Billion)
TABLE 4. Global Facial Recognition market estimates & forecasts by Verticals 2017-2027 (USD Billion)
TABLE 5. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 6. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 7. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 8. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 9. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 10. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 11. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 12. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 13. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 14. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 15. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 16. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 17. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 18. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 19. Global Facial Recognition market by segment, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 20. Global Facial Recognition market by region, estimates & forecasts, 2017-2027 (USD Billion)
TABLE 21. U.S. Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 22. U.S. Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 23. U.S. Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 24. Canada Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 25. Canada Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 26. Canada Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 27. UK Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 28. UK Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 29. UK Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 30. Germany Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 31. Germany Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 32. Germany Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 33. France Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 34. France Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 35. France Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 36. Spain Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 37. Spain Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 38. Spain Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 39. Italy Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 40. Italy Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 41. Italy Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 42. ROE Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 43. ROE Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 44. ROE Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 45. China Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 46. China Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 47. China Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 48. India Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 49. India Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 50. India Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 51. Japan Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 52. Japan Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 53. Japan Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 54. Australia Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 55. Australia Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 56. Australia Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 57. South Korea Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 58. South Korea Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 59. South Korea Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 60. ROPAC Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 61. ROPAC Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 62. ROPAC Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 63. Brazil Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 64. Brazil Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 65. Brazil Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 66. Mexico Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 67. Mexico Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 68. Mexico Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 69. ROLA Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 70. ROLA Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 71. ROLA Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 72. ROW Facial Recognition market estimates & forecasts, 2017-2027 (USD Billion)
TABLE 73. ROW Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 74. ROW Facial Recognition market estimates & forecasts by segment 2017-2027 (USD Billion)
TABLE 75. List of secondary sources, used in the study of global Facial Recognition market
TABLE 76. List of primary sources, used in the study of global Facial Recognition market
TABLE 77. Years considered for the study
TABLE 78. Exchange rates consideredFIG 1. Global Facial Recognition market, research methodology
FIG 2. Global Facial Recognition market, market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Facial Recognition market, key trends 2019
FIG 5. Global Facial Recognition market, growth prospects 2020-2027
FIG 6. Global Facial Recognition market, porters 5 force model
FIG 7. Global Facial Recognition market, pest analysis
FIG 8. Global Facial Recognition market, value chain analysis
FIG 9. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 10. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 11. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 12. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 13. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 14. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 15. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 16. Global Facial Recognition market by segment, 2017 & 2027 (USD Billion)
FIG 17. Global Facial Recognition market, regional snapshot 2017 & 2027
FIG 18. North America Facial Recognition market 2017 & 2027 (USD Billion)
FIG 19. Europe Facial Recognition market 2017 & 2027 (USD Billion)
FIG 20. Asia Pacific Facial Recognition market 2017 & 2027 (USD Billion)
FIG 21. Latin America Facial Recognition market 2017 & 2027 (USD Billion)
FIG 22. Global Facial Recognition market, company market share analysis (2019)
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Global Facial Recognition Market Size study with COVID-19 Impact, by Component (Software tools and Services), by Verticals (BFSI, Government and defense, Retail and e-commerce, Healthcare, Education and Automotive) and Regional Forecasts 2020-2027
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