Global Computer Face Recognition Market Growth (Status and Outlook) 2023-2029

Global Computer Face Recognition Market Growth (Status and Outlook) 2023-2029

The global Computer Face Recognition market size is projected to grow from US$ 6211.9 million in 2022 to US$ 17640 million in 2029; it is expected to grow at a CAGR of 16.1% from 2023 to 2029.

United States market for Computer Face Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Computer Face Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Computer Face Recognition is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Computer Face Recognition players cover Sense Time, Beijing Megvii Technology Co., Ltd., Hikvision, Yitu Technology, Cloudwalk Technology, IBM, Amazon, Microsoft and Camvi Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

Face recognition is one of the most important applications of computer vision. It is a biometric technology that uses computers to process, analyze and understand face images based on human facial feature information for identity recognition. A series of related technologies that use a video camera or camera to collect images or video streams containing human faces, automatically detect and track human faces in the images, and then perform facial recognition on the detected faces, usually also called portrait recognition and facial recognition. .

LPI (LP Information)' newest research report, the “Computer Face Recognition Industry Forecast” looks at past sales and reviews total world Computer Face Recognition sales in 2022, providing a comprehensive analysis by region and market sector of projected Computer Face Recognition sales for 2023 through 2029. With Computer Face Recognition sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Computer Face Recognition industry.

This Insight Report provides a comprehensive analysis of the global Computer Face Recognition landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Computer Face Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Computer Face Recognition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Computer Face Recognition and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Computer Face Recognition.

This report presents a comprehensive overview, market shares, and growth opportunities of Computer Face Recognition market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Based on Facial Feature Points
Based on Whole Face Image
Template-Based Recognition Algorithm

Segmentation by application
Authentication
Electronic Attendance
Customer Flow Analysis

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Sense Time
Beijing Megvii Technology Co., Ltd.
Hikvision
Yitu Technology
Cloudwalk Technology
IBM
Amazon
Microsoft
Camvi Technologies
EverAI

Please note: The report will take approximately 2 business days to prepare and deliver.