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Face Recognition Technology-Global Market Insights and Sales Trends 2025
Synopsis
The global Face Recognition Technology market size is expected to reach US$ 2101.1 million by 2029, growing at a CAGR of 12.9% from 2023 to 2029. The market is mainly driven by the significant applications of Face Recognition Technology in various end use industries. The expanding demands from the Emotion Recognition, Law Enforcement, Surveillance, and Monitoring and Others,, are propelling Face Recognition Technology market. 2D Facial Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3D Facial Recognition segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Face Recognition Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Face Recognition Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Face Recognition Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Face Recognition Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Face Recognition Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Face Recognition Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Face Recognition Technology covered in this report include 3M, NEC Corporation, Aware Inc., Safran Group, Animetrics, Inc., Daon Inc., Ayonix Corp., Cognitec Systems GmbH and Keylemon Inc., etc.
The global Face Recognition Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M
NEC Corporation
Aware Inc.
Safran Group
Animetrics, Inc.
Daon Inc.
Ayonix Corp.
Cognitec Systems GmbH
Keylemon Inc.
Nviso SA
Global Face Recognition Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Face Recognition Technology market, Segment by Type:
2D Facial Recognition
3D Facial Recognition
Thermal Facial Recognition
Global Face Recognition Technology market, by Application
Emotion Recognition
Law Enforcement, Surveillance, and Monitoring
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Face Recognition Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
The global Face Recognition Technology market size is expected to reach US$ 2101.1 million by 2029, growing at a CAGR of 12.9% from 2023 to 2029. The market is mainly driven by the significant applications of Face Recognition Technology in various end use industries. The expanding demands from the Emotion Recognition, Law Enforcement, Surveillance, and Monitoring and Others,, are propelling Face Recognition Technology market. 2D Facial Recognition, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3D Facial Recognition segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Face Recognition Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Face Recognition Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Face Recognition Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Face Recognition Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Face Recognition Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Face Recognition Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Face Recognition Technology covered in this report include 3M, NEC Corporation, Aware Inc., Safran Group, Animetrics, Inc., Daon Inc., Ayonix Corp., Cognitec Systems GmbH and Keylemon Inc., etc.
The global Face Recognition Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
3M
NEC Corporation
Aware Inc.
Safran Group
Animetrics, Inc.
Daon Inc.
Ayonix Corp.
Cognitec Systems GmbH
Keylemon Inc.
Nviso SA
Global Face Recognition Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Face Recognition Technology market, Segment by Type:
2D Facial Recognition
3D Facial Recognition
Thermal Facial Recognition
Global Face Recognition Technology market, by Application
Emotion Recognition
Law Enforcement, Surveillance, and Monitoring
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Face Recognition Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Face Recognition Technology
1.1 Face Recognition Technology Market Overview
1.1.1 Face Recognition Technology Product Scope
1.1.2 Face Recognition Technology Market Status and Outlook
1.2 Global Face Recognition Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Face Recognition Technology Market Size by Region (2018-2029)
1.4 Global Face Recognition Technology Historic Market Size by Region (2018-2023)
1.5 Global Face Recognition Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Face Recognition Technology Market Size (2018-2029)
1.6.1 North America Face Recognition Technology Market Size (2018-2029)
1.6.2 Europe Face Recognition Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Face Recognition Technology Market Size (2018-2029)
1.6.4 Latin America Face Recognition Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Face Recognition Technology Market Size (2018-2029)
2 Face Recognition Technology Market by Type
2.1 Introduction
2.1.1 2D Facial Recognition
2.1.2 3D Facial Recognition
2.1.3 Thermal Facial Recognition
2.2 Global Face Recognition Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Face Recognition Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Face Recognition Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Face Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Face Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Face Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Face Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Face Recognition Technology Revenue Breakdown by Type (2018-2029)
3 Face Recognition Technology Market Overview by Application
3.1 Introduction
3.1.1 Emotion Recognition
3.1.2 Law Enforcement, Surveillance, and Monitoring
3.1.3 Others
3.2 Global Face Recognition Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Face Recognition Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Face Recognition Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Face Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Face Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Face Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Face Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Face Recognition Technology Revenue Breakdown by Application (2018-2029)
4 Face Recognition Technology Competition Analysis by Players
4.1 Global Face Recognition Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Face Recognition Technology as of 2022)
4.3 Date of Key Players Enter into Face Recognition Technology Market
4.4 Global Top Players Face Recognition Technology Headquarters and Area Served
4.5 Key Players Face Recognition Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Face Recognition Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 3M
5.1.1 3M Profile
5.1.2 3M Main Business
5.1.3 3M Face Recognition Technology Products, Services and Solutions
5.1.4 3M Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.1.5 3M Recent Developments
5.2 NEC Corporation
5.2.1 NEC Corporation Profile
5.2.2 NEC Corporation Main Business
5.2.3 NEC Corporation Face Recognition Technology Products, Services and Solutions
5.2.4 NEC Corporation Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.2.5 NEC Corporation Recent Developments
5.3 Aware Inc.
5.3.1 Aware Inc. Profile
5.3.2 Aware Inc. Main Business
5.3.3 Aware Inc. Face Recognition Technology Products, Services and Solutions
5.3.4 Aware Inc. Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.3.5 Safran Group Recent Developments
5.4 Safran Group
5.4.1 Safran Group Profile
5.4.2 Safran Group Main Business
5.4.3 Safran Group Face Recognition Technology Products, Services and Solutions
5.4.4 Safran Group Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.4.5 Safran Group Recent Developments
5.5 Animetrics, Inc.
5.5.1 Animetrics, Inc. Profile
5.5.2 Animetrics, Inc. Main Business
5.5.3 Animetrics, Inc. Face Recognition Technology Products, Services and Solutions
5.5.4 Animetrics, Inc. Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Animetrics, Inc. Recent Developments
5.6 Daon Inc.
5.6.1 Daon Inc. Profile
5.6.2 Daon Inc. Main Business
5.6.3 Daon Inc. Face Recognition Technology Products, Services and Solutions
5.6.4 Daon Inc. Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.6.5 Daon Inc. Recent Developments
5.7 Ayonix Corp.
5.7.1 Ayonix Corp. Profile
5.7.2 Ayonix Corp. Main Business
5.7.3 Ayonix Corp. Face Recognition Technology Products, Services and Solutions
5.7.4 Ayonix Corp. Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.7.5 Ayonix Corp. Recent Developments
5.8 Cognitec Systems GmbH
5.8.1 Cognitec Systems GmbH Profile
5.8.2 Cognitec Systems GmbH Main Business
5.8.3 Cognitec Systems GmbH Face Recognition Technology Products, Services and Solutions
5.8.4 Cognitec Systems GmbH Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.8.5 Cognitec Systems GmbH Recent Developments
5.9 Keylemon Inc.
5.9.1 Keylemon Inc. Profile
5.9.2 Keylemon Inc. Main Business
5.9.3 Keylemon Inc. Face Recognition Technology Products, Services and Solutions
5.9.4 Keylemon Inc. Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.9.5 Keylemon Inc. Recent Developments
5.10 Nviso SA
5.10.1 Nviso SA Profile
5.10.2 Nviso SA Main Business
5.10.3 Nviso SA Face Recognition Technology Products, Services and Solutions
5.10.4 Nviso SA Face Recognition Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Nviso SA Recent Developments
6 North America
6.1 North America Face Recognition Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Face Recognition Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Face Recognition Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Face Recognition Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Face Recognition Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Face Recognition Technology Market Dynamics
11.1 Face Recognition Technology Industry Trends
11.2 Face Recognition Technology Market Drivers
11.3 Face Recognition Technology Market Challenges
11.4 Face Recognition Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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