The latest study on the     Facial recognition market  industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 -  2027             . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2027              as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.

The global facial recognition market size is expected to reach USD 13.87 Billion at a steady CAGR of 15.7% in 2028, according to latest analysis by Emergen Research. This steady market revenue growth can be attributed to rising need f      or physical security, increasing deployment and use of biometric devices, and rising deployment of 5G technology. Rising demand for electronic devices such as mobile phones, wearable devices, smart devices, and increase in technology adoption such as cloud-based technology and IoT is expected to continue to fuel growth of the global facial recognition market going ahead

Covid impact analysis:

The global Facial recognition market report by emergen research is the latest document covering the changes in the market dynamics and trends that have followed the COVID-19 outbreak. The global health emergency has brought about unprecedented changes in the global economic scenario, drastically affecting the Facial recognition market landscape, disrupting its supply chains, and causing volatility in prices and demand for products. The report analyzes the impact of the pandemic on the Facial recognition market industry and highlights its beleaguered segments. However, our analysts speculate that the market will regain traction in the post-COVID scenario.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/facial-recognition-market

Major companies in the market include NEC Corporation, Cognitec Systems, Aware Inc., FaceFirst Inc., Safran SA, Panasonic Corporation, Gemalto NV, Key Lemon Ltd., Ayonix Corporation, and Face++.

 Overview of the TOC of the Report:

• Regional analysis with sales, revenue, and market share for each region for the forecast period
• Country-wise analysis of the market by type, application, and manufacturers
• Market Segmentation based on types
• Market segmentation based on applications
• Historical and forecast estimation

Emergen Research has segmented the global facial recognition market on the basis of component, technology, application, end use, and region:

Component Outlook (Revenue, USD Billion; 2018–2028)

• Hardware
• Software

Technology Outlook (Revenue, USD Billion; 2018–2028)

• 2D Facial Recognition
• 3D Facial Recognition
• Facial Analytics

Application Outlook (Revenue, USD Billion; 2018–2028)

• Physical Security
• ID Management
• Criminal Investigation
• Business Intelligence
• Photo Indexing and Sorting

End use Outlook (Revenue, USD Billion; 2018–2028)

• BFSI
• IT Telecommunication
• Healthcare
• Government

 Key Geographies Profiled in the Report:

• North America(the U.S., Mexico, and Canada)
• Asia Pacific(China, Japan, India, and Rest of Asia Pacific)
• Europe(the U.K., France, Germany, and Rest of Europe)
• Latin America(Brazil and Rest of Latin America)
• Middle East Africa(GCC Countries and Rest of Middle East Africa)

Key questions answered in the report:

• Which are the five top players of the Facial recognition market ?
• How will the Facial recognition market change in the next five years?
• Which product and application will take a lion’s share of the Facial recognition market ?
• What are the drivers and restraints of the Facial recognition market ?
• Which regional market will show the highest growth?
• What will be the CAGR and size of the Facial recognition market throughout the forecast period?

About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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About Emergen Research

Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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