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Facial Recognition Market by Technology (2D Facial Recognition, 3D Facial Recognition and Facial Analytics), Component (Hardware and Software) and Application (Homeland Security, Criminal Investigation, ID Management, Physical Security, Intelligent Signage, Photo Indexing and Sorting, Business Intelligence and Photo Indexing and Sorting) - Global Opportunity Analysis and Industry Forecast, 2015 - 2022

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IC_16794
Pages: 177
Jun 2016 | 9518 Views
 
Author's : Rachna Singh
Tables: 35
Charts: 113
 

Facial Recognition Market Overview:

Facial Recognition Market is expected to garner $9.6 billion by 2022, registering a CAGR of 21.3% during the forecast period 2016-2022. Facial recognition is a biometric technology used for authentication and identification of individuals by comparing the facial features from an image with the stored facial database. It is expected to witness robust growth during the forecast period owing to its increasing usage in both law enforcement and non-law enforcement applications. Moreover, facial recognition is widely preferred over other biometric technologies, such as voice recognition, skin texture recognition, iris recognition, and fingerprint scanning, due to its non-contact process and easy deployment (using cameras and existing monitoring devices). Currently, this technology is majorly used for security and marketing purpose. For instance, billboards have been designed with integrated software that are used to identify gender, age, and ethnicity to deliver targeted advertising.

Facial Recognition Market

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Segment Review

The facial recognition market is divided on the basis of technology, component, and application. The technology segment includes 2D, 3D, and facial analytics. Among the three, the 3D facial recognition technology segment holds significant share in the world facial recognition market owing to its high accuracy in terms of recognizing facial features as compared to 2D facial recognition. The component segment is bifurcated into hardware (scanners, cameras, handheld devices, integrated devices) and software. The application segment includes homeland security, criminal investigation, ID management, physical security, intelligent signage, web application, business intelligence, photo indexing & sorting, and others (VIP recognition, automotive and phone, PC & banking login).

Facial Recognition Market

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World Facial Recognition Market Scenario

The facial recognition market holds a substantial scope for growth on the global horizon. The market, which is in its growth stage however, is expected to contribute significantly to the global market within the next 10 years. Facial recognition provides high-level security for public and private sectors. The significant increase in terrorist attacks on government organizations in recent years majorly drives the companies and governments to implement facial recognition biometric. Furthermore, increasing application in physical security and intelligent signage and technology advancements, such as cloud-based services and 3D-based recognition systems, increased the usage of facial recognition. However, increasing sensitivity toward shared personal data, lack of accuracy, and high implementation cost hinder the expansion of the market in certain regions. Technically advanced facial recognition systems with application in mobile security and drones are likely to create greater opportunities in the future.

Facial Recognition Market

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Rising demand for surveillance systems for enhancing safety and security

The major driving factor of the market was the increasing demand for advanced security & surveillance systems in civil and government agencies to enhance safety and security. The number of data breach cases has increased exponentially from 400 to 600 breaches during the period of 2011 - 2015, owing to increasing generation of digital content and lack of data security laws. Burgeoning data breach cases and brute force attacks have increased the demand for advanced surveillance systems, which in turn has increased the demand for facial recognition solutions.

Increasing application in physical security and intelligent signage

The significant increase in incidence of terrorist attacks on government organizations and the commercial sector in the recent years drives the companies and governments to implement robust physical security strategies. Moreover, this technology is expected to witness high adoption in intelligent signage application on account of rising concerns of security and use of marketing strategies to analyze the customers based on their age, gender, and other facial attributes. Over a period, physical security and intelligent signage are expected to fuel the demand of facial recognition technology.

Technology advancements such as cloud-based services and 3D-based recognition systems

Technological advancements are likely to reduce the prices of facial recognition systems in the future. Software development kit (SDK) has improved the accuracy in terms of recognizing facial features. Therefore, the improved quality of products enhances awareness amongst users, which in turn is expected to increase adoption of facial recognition biometrics in the future.

Lack of accuracy and high implementation cost of facial recognition technology

Currently, high implementation cost and low accuracy negatively affect the growth of the market. Costs such as maintenance and middleware costs also contribute to the implementation cost. However, few manufacturers, such as FaceFirst, Inc., have started using efficient algorithms, such as PCA, FFT, to improve accuracy and reduce the cost of facial recognition technology. Therefore, with the development in technology, lack of accuracy and high implementation cost of facial recognition technology are likely to reduce their impact during the forecast period.

Increasing application in mobile security and drones

Increasing demand of facial recognition in smart devices, such as smartphones, laptops, tablets, and personal digital assistants, which are used for both personal and business purpose, presents various growth opportunities for the facial recognition market. Moreover, burgeoning number of drones in various commercial sectors, such as media & entertainment, inspection, and surveying, contribute to the demand of facial recognition. For instance, as per the Federation Aviation Administrator (FAA), around 30,000 drones are expected to be introduced by 2020. Therefore, these factors are expected to provide immense opportunity for the growth of facial recognition technology.

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 facial recognition market.

Facial Recognition Market Segmentation:

By Technology  

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

By Component

  • Hardware
    • Scanners
    • Cameras
    • Handheld Devices
    • Integrated Devices
  • Software     

By Application

  • Homeland Security
  • Criminal Investigation
  • ID Management
  • Physical Security
  • Intelligent Signage
  • Web Application
  • Business Intelligence
  • Photo Indexing and Sorting
  • Others (VIP Recognition, Automotive and Phone, PC & Banking Login)

By Geography  

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • U.K.
    • Germany
    • Russia
    • Italy
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2. EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top winning strategies
3.2.3. Top investment pockets

3.3. VALUE CHAIN ANALYSIS
3.4. PORTER’S FIVE FORCES ANALYSIS

3.4.1. Bargaining power of suppliers
3.4.2. Organized buyers increase the bargaining power of buyers
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Competitive rivalry

3.5. MARKET SHARE ANALYSIS, 2015
3.6. DRIVERS

3.6.1. Rising demand for surveillance systems to enhance safety and security
3.6.2. Increasing application in physical security and intelligent signage
3.6.3. Technology advancements such as cloud-based services and 3D-based recognition systems

3.7. RESTRAINTS

3.7.1. Lack of accuracy and high implementation cost of facial recognition technology

3.8. OPPORTUNITIES

3.8.1. Increasing application in mobile security and drones

Chapter: 4. FACIAL RECOGNITION MARKET, BY TECHNOLOGY

4.1. INTRODUCTION

4.1.1. Market size and forecast

4.2. 3D FACIAL RECOGNITION

4.2.1. Key market trends
4.2.2. Key drivers and opportunities
4.2.3. Market size and forecast

4.3. 2D FACIAL RECOGNITION

4.3.1. Key market trends
4.3.2. Key drivers and opportunities
4.3.3. Market size and forecast

4.4. FACIAL ANALYTICS

4.4.1. Key market trends
4.4.2. Key drivers and opportunities
4.4.3. Market size and forecast

Chapter: 5. FACIAL RECOGNITION MARKET, BY COMPONENT

5.1. INTRODUCTION

5.1.1. Market size and forecast

5.2. HARDWARE (SCANNERS, CAMERAS, HANDHELD DEVICES, AND INTEGRATED DEVICES)

5.2.1. Market size and forecast

5.3. HARDWARE (SCANNERS)

5.3.1. Market size and forecast

5.4. HARDWARE (CAMERAS)

5.4.1. Market size and forecast

5.5. HARDWARE (HANDHELD DEVICES)

5.5.1. Market size and forecast

5.6. HARDWARE (INTEGRATED DEVICES)

5.6.1. Market size and forecast

5.7. SOFTWARE

5.7.1. Market size and forecast

Chapter: 6. FACIAL RECOGNITION MARKET, BY APPLICATION

6.1. INTRODUCTION

6.1.1. Market size and forecast

6.2. HOMELAND SECURITY

6.2.1. Market size and forecast

6.3. CRIMINAL INVESTIGATION

6.3.1. Market size and forecast

6.4. ID MANAGEMENT

6.4.1. Market size and forecast

6.5. PHYSICAL SECURITY

6.5.1. Market size and forecast

6.6. INTELLIGENT SIGNAGE

6.6.1. Market size and forecast

6.7. WEB APPLICATION

6.7.1. Market size and forecast

6.8. BUSINESS INTELLIGENCE

6.8.1. Market size and forecast

6.9. PHOTO INDEXING AND SORTING

6.9.1. Market size and forecast

6.10. OTHERS (VIP RECOGNITION, AUTOMOTIVE AND PHONE, PC & BANKING LOGIN)

6.10.1. Market size and forecast

Chapter: 7. FACIAL RECOGNITION MARKET, BY GEOGRAPHY

7.1. INTRODUCTION
7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Market size and forecast
7.2.3. U.S.
7.2.4. Mexico
7.2.5. Canada

7.3. EUROPE

7.3.1. Market size and forecast
7.3.2. U.K.
7.3.3. Germany
7.3.4. Russia
7.3.5. Italy
7.3.6. France
7.3.7. Rest of Europe

7.4. ASIA-PACIFIC

7.4.1. Market size and forecast
7.4.2. China
7.4.3. India
7.4.4. Japan
7.4.5. South Korea
7.4.6. Rest of Asia Pacific

7.5. LAMEA

7.5.1. Key market trends
7.5.2. Market size and forecast
7.5.3. Latin America
7.5.4. Middle East
7.5.5. Africa

Chapter: 8. COMPANY PROFILE

8.1. 3M

8.1.1. Company overview
8.1.2. Company snapshot
8.1.3. Business performance
8.1.4. Strategy move and development
8.1.5. SWOT analysis of 3M

8.2. COGNITEC SYSTEMS GMBH

8.2.1. Company overview
8.2.2. Company snapshot
8.2.3. Strategy moves and developments
8.2.4. SWOT analysis of Cognitec Systems GmbH

8.3. NEC CORPORATION

8.3.1. Company overview
8.3.2. Company snapshot
8.3.3. Business performance
8.3.4. Strategy move and development
8.3.5. SWOT analysis of NEC Corporation

8.4. FACEFIRST, INC.

8.4.1. Company overview
8.4.2. Company snapshot
8.4.3. Strategy move and development
8.4.4. SWOT analysis of FaceFirst Inc.

8.5. NUANCE COMMUNICATIONS INC.

8.5.1. Company overview
8.5.2. Company snapshot
8.5.3. Business performance
8.5.4. Strategy move and development
8.5.5. SWOT analysis of Nuance Communications Inc.

8.6. CROSSMATCH

8.6.1. Company overview
8.6.2. Company snapshot
8.6.3. Strategy move and development
8.6.4. SWOT analysis of Crossmatch

8.7. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

8.7.1. Company overview
8.7.2. Company snapshot
8.7.3. Business performance
8.7.4. Strategy move and development
8.7.5. SWOT analysis of IBM Corporation

8.8. ANIMETRICS INC.

8.8.1. Company overview
8.8.2. Company snapshot
8.8.3. Strategic moves and developments
8.8.4. SWOT analysis of Animetrics, Inc.

8.9. DAON INC.

8.9.1. Company overview
8.9.2. Company snapshot
8.9.3. Strategy moves and developments
8.9.4. SWOT analysis of Daon Inc.

List of Tables

TABLE 1. WORLD FACIAL RECOGNITION MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 2. WORLD FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 3. WORLD 3D FACIAL RECOGNITION MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 4. WORLD 2D FACIAL RECOGNITION MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 5. WORLD FACIAL ANALYTICS MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 6. WORLD FACIAL RECOGNITION MARKET, BY COMPONENT, 2015-2022 ($MILLION)
TABLE 7. WORLD FACIAL RECOGNITION MARKET, BY HARDWARE (SCANNERS, CAMERA, HANDHELD DEVICES, AND INTEGRATED DEVICES), 2015-2022 ($MILLION)
TABLE 8. WORLD HARDWARE (SCANNERS) MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 9. WORLD HARDWARE (CAMERAS) MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 10. WORLD HARDWRAE (HANDHELD DEVICES) MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 11. WORLD HARDWARE (INTEGRATED DEVICES) MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 12. WORLD SOFTWARE MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 13. WORLD FACIAL RECOGNITION MARKET, BY APPLICATION, 2015-2022 ($MILLION)
TABLE 14. WORLD HOMELAND SECURITY MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 15. WORLD CRIMINAL INVESTIGATION MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 16. WORLD ID MANAGEMENT MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 17. WORLD PHYSICAL SECURITY MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 18. WORLD INTELLIGENT SIGNAGE MARKET BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 19. WORLD WEB APPLICATION MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 20. WORLD BUSINESS INTELLIGENCE MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 21. WORLD PHOTO INDEXING AND SORTING MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 22. WORLD OTHERS (VIP RECOGNITION, AUTOMOTIVE AND PHONE, PC & BANKING LOGIN) MARKET, BY GEOGRAPHY, 2015-2022 ($MILLION)
TABLE 23. NORTH AMERICA: FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 24. EUROPE: FACIAL RECOGNITION MARKET BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 25. ASIA-PACIFIC: FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 26. LAMEA: FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2015-2022 ($MILLION)
TABLE 27. 3M CORPORATION SNAPSHOT
TABLE 28. COGNITEC SYSTEMS GMBH SNAPSHOT
TABLE 29. NEC CORPORATION SNAPSHOT
TABLE 30. FACEFIRST, INC. SNAPSHOT
TABLE 31. NUANCE COMMUNICATIONS INC. SNAPSHOT
TABLE 32. CROSSMATCH CORPORATION SNAPSHOT
TABLE 33. IBM CORPORATION SNAPSHOT
TABLE 34. ANIMETRICS, INC. CORPORATION SNAPSHOT
TABLE 35. DAON INC. SNAPSHOT

List of Figures

FIGURE 1. TOP IMPACTING FACTORS
FIGURE 2. TOP WINNING STRATEGIES IN THE FACIAL RECOGNITION MARKET (2013-2016)
FIGURE 3. TOP WINNING STRATEGIES, 2013-2016 (%)
FIGURE 4. TOP INVESTMENT POCKETS
FIGURE 5. VALUE CHAIN ANALYSIS OF FACIAL RECOGNITION MARKET
FIGURE 6. PORTER’S FIVE FORCES ANALYSIS OF FACIAL RECOGNITION MARKET
FIGURE 7. MARKET SHARE ANALYSIS OF FACIAL RECOGNITION MARKET, 2015
FIGURE 8. NUMBER OF DATA BREACHES, 2009-2014
FIGURE 9. DATA BREACHES BY INDUSTRY SECTOR (%), 2014
FIGURE 10. ESTIMATED WORLDWIDE BUDGET FOR DRONES, 2016-2022 ($MILLION)
FIGURE 11. WORLD FACIAL RECOGNITION MARKET REVENUE, BY TECHNOLOGY, 2015 & 2022 (% SHARE)
FIGURE 12. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF 3D FACIAL RECOGNITION MARKET, 2015 & 2022 (%)
FIGURE 13. WORLD 3D FACIAL RECOGNITION MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 14. WORLD 3D FACIAL RECOGNITION MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 15. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF 2D FACIAL RECOGNITION MARKET, 2015 & 2022 (%)
FIGURE 16. WORLD 2D FACIAL RECOGNITION MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 17. WORLD 2D FACIAL RECOGNITION MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 18. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF FACIAL ANALYTICS MARKET, 2015 & 2022 (%)
FIGURE 19. WORLD FACIAL ANALYTICS MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 20. WORLD FACIAL ANALYTICS MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 21. WORLD FACIAL RECOGNITION MARKET REVENUE, BY COMPONENT, 2015 & 2022 (% SHARE)
FIGURE 22. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARDWARE (SCANNERS, CAMERAS, HANDHELD DEVICES, INTEGRATED DEVICES) MARKET, 2015 & 2022 (%)
FIGURE 23. WORLD HARDWARE (SCANNERS, CAMERAS, HANDHELD DEVICES, INTEGRATED DEVICES) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 24. WORLD HARDWARE (SCANNERS, CAMERA, HANDHELD DEVICES, AND INTEGRATED DEVICES), MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 25. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARDWARE (SCANNERS) MARKET, 2015 & 2022 (%)
FIGURE 26. WORLD HARDWARE (SCANNERS) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 27. WORLD HARDWARE (SCANNERS), MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 28. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARDWARE (CAMERAS) MARKET, 2015 & 2022 (%)
FIGURE 29. WORLD HARDWARE (CAMERAS) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 30. WORLD HARDWARE (CAMERA) MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 31. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARDWARE (HANDHELD DEVICES) MARKET, 2015 & 2022 (%)
FIGURE 32. WORLD HARDWARE (HANDHELD DEVICES) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 33. WORLD HARDWARE (HANDHELD DEVICES) MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 34. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HARDWARE (INTEGRATED DEVICES) MARKET, 2015 & 2022 (%)
FIGURE 35. WORLD HARDWARE (INTEGRATED DEVICES) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 36. WORLD HARDWARE (INTEGRATED DEVICES), MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 37. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD SOFTWARE MARKET, 2015 & 2022 (%)
FIGURE 38. WORLD SOFTWARE MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 39. WORLD SOFTWARE MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 40. WORLD FACIAL RECOGNITION MARKET REVENUE, BY APPLICATION, 2015 & 2022 (% SHARE)
FIGURE 41. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD HOMELAND SECURITY MARKET, 2015 & 2022 (%)
FIGURE 42. WORLD HOMELAND SECURITY MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 43. WORLD HOMELAND SECURITY MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 44. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF CRIMINAL INVESTIGATION MARKET, 2015 & 2022 (%)
FIGURE 45. WORLD CRIMINAL INVESTIGATION MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 46. CRIMINAL INVESTIGATION MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 47. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD ID MANAGEMENT MARKET, 2015 & 2022 (%)
FIGURE 48. WORLD ID MANAGEMENT MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 49. WORLD ID MANAGEMENT MARKET SHARE ANALYSIS, DBY GEOGRAPHY, 2015-2022 (%)
FIGURE 50. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD PHYSICAL SECURITY MARKET, 2015 & 2022 (%)
FIGURE 51. WORLD PHYSICAL SECURITY MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 52. WORLD PHYSICAL SECURITY MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 53. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD INTELLIGENT SIGNAGE MARKET, 2015 & 2022 (%)
FIGURE 54. WORLD INTELLIGENT SIGNAGE MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 55. WORLD INTELLIGENT SIGNAGE MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 56. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD WEB APPLICATION MARKET, 2015 & 2022 (%)
FIGURE 57. WORLD WEB APPLICATION MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 58. WORLD WEB APPLICATION MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 59. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD BUSINESS INTELLIGENCE MARKET, 2015 & 2022 (%)
FIGURE 60. WORLD BUSINESS INTELLIGENCE MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 61. WORLD BUSINESS INTELLIGENCE MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 62. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD PHOTO INDEXING AND SORTING MARKET, 2015 & 2022 (%)
FIGURE 63. WORLD PHOTO INDEXING AND SORTING MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 64. WORLD PHOTO INDEXING AND SORTING MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 65. COMPARATIVE REGIONAL MARKET SHARE ANALYSIS OF WORLD OTHERS (VIP RECOGNITION, AUTOMOTIVE AND PHONE, PC & BANKING LOGIN) MARKET, 2015 & 2022 (%)
FIGURE 66. WORLD OTHERS (VIP RECOGNITION, AUTOMOTIVE AND PHONE, PC & BANKING LOGIN) MARKET REVENUE, 2015-2022 ($MILLION)
FIGURE 67. WORLD OTHERS (VIP RECOGNITION, AUTOMOTIVE AND PHONE, PC & BANKING LOGIN) MARKET SHARE ANALYSIS, BY GEOGRAPHY, 2015-2022 (%)
FIGURE 68. WORLD FACIAL RECOGNITION MARKET SHARE BY GEOGRAPHY, 2015 & 2022 (% SHARE)
FIGURE 69. NORTH AMERICA: FACIAL RECOGNITION MARKET SHARE, BY COUNTRY, 2015 (%)
FIGURE 70. NORTH AMERICA FACIAL RECOGNITION MARKET SHARE BY TECHNOLOGY, 2015 & 2022 (%)
FIGURE 71. U.S.: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 72. MEXICO: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 73. CANADA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 74. EUROPE: FACIAL RECOGNITION MARKET SHARE BY COUNTRY, 2015 (%)
FIGURE 75. EUROPE: FACIAL RECOGNITION MARKET REVENUE BY TECHNOLOGY, 2015 & 2022 (%)
FIGURE 76. U.K.: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 77. GERMANY: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 78. RUSSIA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 79. ITALY: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 80. FRANCE: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 81. REST OF EUROPE: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 82. ASIA-PACIFIC: FACIAL RECOGNITION MARKET SHARE BY COUNTRY, 2015 (%)
FIGURE 83. ASIA-PACIFIC: FACIAL RECOGNITION MARKET SHARE BY TECHNOLOGY, 2015 & 2022 (%)
FIGURE 84. CHINA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 85. INDIA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 86. JAPAN: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 87. SOUTH KOREA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 88. REST OF ASIA-PACIFIC: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 89. LAMEA: FACIAL RECOGNITION MARKET BY COUNTRY, 2015 (% SHARE)
FIGURE 90. LAMEA: FACIAL RECOGNITION MARKET SHARE BY TECHNOLOGY, 2015 & 2022 (%)
FIGURE 91. LATIN AMERICA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 92. MIDDLE EAST: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 93. AFRICA: FACIAL RECOGNITION MARKET, 2015-2022 ($MILLION)
FIGURE 94. REVENUE OF 3M, 2013-2015 ($MILLION)
FIGURE 95. REVENUE OF 3M, BY SEGMENT, 2015 (%)
FIGURE 96. REVENUE OF 3M, BY GEOGRAPHY(%), 2015
FIGURE 97. SWOT ANALYSIS OF 3M
FIGURE 98. SWOT ANALYSIS OF COGNITEC SYSTEMS GMBH
FIGURE 99. NET SALES OF NEC CORPORATION, 2013-2015 ($MILLION)
FIGURE 100. NET SALES OF NEC CORPORATION, BY SEGMENT, 2015 (%)
FIGURE 101. SWOT ANALYSIS OF NEC CORPORATION
FIGURE 102. SWOT ANALYSIS OF FACEFIRST INC.
FIGURE 103. REVENUE OF NUANCE COMMUNICATIONS INC., 2013-2015 ($MILLION)
FIGURE 104. REVENUE OF NUANCE COMMUNICATIONS INC., BY SEGMENT, 2015 (%)
FIGURE 105. REVENUE OF NUANCE COMMUNICATIONS INC., BY GEOGRAPHY (%), 2015
FIGURE 106. SWOT ANALYSIS OF NUANCE COMMUNICATIONS INC.
FIGURE 107. SWOT ANALYSIS OF CROSSMATCH
FIGURE 108. REVENUE OF IBM CORPORATION, 2013-2015 ($MILLION)
FIGURE 109. REVENUE OF IBM CORPORATION, BY SEGMENT (%), 2015
FIGURE 110. REVENUE OF IBM CORPORATION, BY GEOGRAPHY(%), 2015
FIGURE 111. SWOT ANALYSIS OF IBM CORPORATION
FIGURE 112. SWOT ANALYSIS OF ANIMETRICS, INC.
FIGURE 113. SWOT ANALYSIS OF DAON INC.

 

Facial recognition is a dynamic, emerging technology used for high-level security in government and public sectors. The market is driven by increased demand for surveillance systems by homeland security and criminal investigation agencies on account of the rapidly increasing incidences of terror attacks and complex criminal activities worldwide. Moreover, technological developments, such as 3D-based recognition systems and cloud-based services coupled with extensive use of facial recognition technology in physical security and intelligent signage, have fueled the demand for facial recognition technology in the recent years. Facial recognition using 3D technology has gained notable popularity among the different users of security and surveillance systems, owing to its superior accuracy in identifying facial features. Other technologies such as 2D recognition and facial analytics are also popular due to ease of operation and comparatively low installation costs.

The demand for facial recognition technology is further supplemented by the increasing demand of these systems across various applications such as homeland security, criminal investigation, ID management, physical security, and intelligent signage. Among these, homeland security and criminal investigation, which include border control, military, and law enforcement, are the two most prominent application areas, contributing significant market revenue. Furthermore, the increasing application of facial recognition technology in retail for delivering targeted messages has increased its usage in intelligent signage application.

Prominent players, such as NEC Corporation, Cognitec Systems GmbH, FaceFirst, Inc., focus to strengthen their distribution network and develop advanced solutions to enhance their competitive position in the market.

 

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