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

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

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

This Insight Report provides a comprehensive analysis of the global Facial 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 Facial Recognition portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Facial Recognition market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Facial 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 Facial Recognition.

The global Facial Recognition market size is projected to grow from US$ 4272.7 million in 2022 to US$ 11170 million in 2029; it is expected to grow at a CAGR of 14.7% from 2023 to 2029.

United States market for Facial 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 Facial 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 Facial 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 Facial Recognition players cover Aware, NEC, Ayonix, Cognitec Systems, Keylemon, Nviso, Herta Security, Neurotechnology and Daon, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
2D Facial Recognition
3D Facial Recognition
Thermal Face Recognition

Segmentation by application
Emotion Recognition
Attendance Tracking And Monitoring
Access Control
Law Enforcement
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.
Aware
NEC
Ayonix
Cognitec Systems
Keylemon
Nviso
Herta Security
Neurotechnology
Daon
Animetrics
Gemalto

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