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Global Facial Recognition Market 2020: Global Size, Trends, Potential Growth and Key Factors Forecast to 2027

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Mahendrasingh Baheti

The global facial recognition market is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Facial Recognition Market Size, Share and Global Trend By Component (Hardware, Software, Services), By Applications (Civil Applications and Law enforcement, Security applications for electronic transactions and access control, Ambient Intelligence, Wearable systems, Automotive, Entertainment), By Vertical (Banking, Financial Services, and Insurance, IT and Telecom, Government, Healthcare) and Geography Forecast till 2026". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period. It also offers an exclusive insight into various details such as revenues, market share, strategies, growth rate, product & their pricing by region/country for all major companies.

For more information, Get sample pdf @ https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/facial-recognition-market-101061

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other facial recognition market trends. The report is available for sale on the company website.

List of the important players in the global facial recognition market include:

  • Amazon
  • IBM
  • Gemalto
  • Herta Security
  • Synectics plc
  • Cognitec Systems
  • IDEMIA
  • AnyVision
  • Ayonix Face Technologies

“Increasing Adoption of Facial Recognition Tools by Governments to Drive the Market”

Facial recognition technology carries multiple advantages and is, therefore, becoming increasingly popular for observation and surveillance purposes, especially at the government level. The adoption rate of these tools is going up in various countries, which is expected to fuel the global facial recognition market revenue. For example, Japan is fully utilizing facial recognition for the 2020 Tokyo Olympics. The authorities will screen and register around 350,000 people through their face print, eschewing the need for identity cards that can be easily duplicated or forged. Singapore is also heavily investing in facial recognition. It's Changi Airport uses facial recognition at its T4 terminal that facilities easy check-in, immigration, and boarding for passengers. The UAE is adopting Artificial Intelligence (AI) to regulate border entry into their country. At its Dubai Airport, a virtual aquarium has been fitted with 80 facial recognition cameras that allow authorities to thoroughly screen tourists and immigrants. The global facial recognition market stands to benefit as facial recognition technologies gain more popularity across the world.

View press release for more information @ https://www.fortunebusinessinsights.com/industry-reports/facial-recognition-market-101061

Regional Analysis for Facial Recognition Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for Facial Recognition Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Facial Recognition Market Insights
  5. Global Market Analysis, Insights and Forecast, 2015-2026
  6. North America Market Analysis, Insights and Forecast, 2015-2026
  7. Europe Market Analysis, Insights and Forecast, 2015-2026
  8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
  9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
  10. Latin America Market Analysis, Insights and Forecast, 2015-2026
  11. Competitive Landscape
  12. Global Facial Recognition Market Revenue Share Analysis, By Key Players, 2020
  13. Company Profiles
  14. Conclusion

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About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:
Name: Ashwin Arora
Email: [email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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