Global Facial Recognition Access Control Solutions Market Growth (Status and Outlook) 2023-2029

Global Facial Recognition Access Control Solutions Market Growth (Status and Outlook) 2023-2029

Facial Recognition Access Control Solution is derived from a special combination of high-end hardware components and efficient software, and can automatically identify or verify people from digital images according to some security and surveillance installation requirements. Facial Recognition Access is completed by comparing the facial features extracted from the image with the facial features previously stored in the face database.
LPI (LP Information)' newest research report, the “Facial Recognition Access Control Solutions Industry Forecast” looks at past sales and reviews total world Facial Recognition Access Control Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Facial Recognition Access Control Solutions sales for 2023 through 2029. With Facial Recognition Access Control Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Facial Recognition Access Control Solutions industry.
This Insight Report provides a comprehensive analysis of the global Facial Recognition Access Control Solutions 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 Facial Recognition Access Control Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Facial Recognition Access Control Solutions market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Facial Recognition Access Control Solutions 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 Facial Recognition Access Control Solutions.
The global Facial Recognition Access Control Solutions market size is projected to grow from US$ 1194.5 million in 2022 to US$ 3478 million in 2029; it is expected to grow at a CAGR of 16.5% from 2023 to 2029.
The current Facial Recognition Access Control Solution mainly includes two components: the access control system and the gate system. Access control system is the main system type of face recognition system. In 2019, access control system accounted for 72.5% of the global share. With the growth of future system types, various types of face data matching have huge market potential. Globally, there are many companies engaged in face recognition access control solutions. Well-known companies include Aurora, IDEMI, EnterFace, Artec Group and Adatis, etc. In recent years, many powerful players have emerged in China, such as Yuncong Technology and Dahua Co., Ltd. , Zhejiang University Wangxin Technology, Hikvision and Megvii Technology.
This report presents a comprehensive overview, market shares, and growth opportunities of Facial Recognition Access Control Solutions market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Access Control System
Gate System
Segmentation by application
Civil Aviation
Financial
Community
Education
Army
Public Security
Government
Enterprise
Electricity
Others
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.
Cloudwalk
Dahua Technology Co., Ltd
Suprema
Zhejiang Zheda Insigma Group Co., Ltd.
Aurora
Beijing Kuangshi Technology Co.,Ltd
PCITECH
ZKTeco
IDEMIA
GOSUNCN Group
Hanvon
GuangDong Poya Information & Technology
Hikvision
SYNTHESIS
EnterFace
Artec Group
ADATIS GmbH
CMOLO Intelligent Technology

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