Facial Recognition Market Comprehensive Analysis by Global Key Leaders: Innovatrics, ID3 Technologies, Herta Security, Animetrics, Megvii, Nviso SA, Daon, Stereovision Imaging

According to a recent research study "Facial Recognition Market, By Technology (3D Facial Recognition, 2D Facial Recognition, Facial Analytics), By End User (Security and Law Enforcement, Healthcare, Retail), By Application (Emotion Recognition, Access Control, others) opportunities and forecast 2020-2026" published by Data Library Research, the Facial Recognition Market Studies many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Facial Recognition Market analysis segmented by companies, region, type and applications in the report.

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The Major Players Covered in Facial Recognition Market
o NEC
o Aware
o Gemalto
o Ayonix
o Idemia
o Cognitec
o Nviso SA
o Daon
o Stereovision Imaging
o Technobrain
o Neurotechnologies
Innovatrics, ID3 Technologies, Herta Security, Animetrics, Megvii [Face++], Facefirst, Sightcorp, Facephi and Smilepass

Market Overview

Facial recognition has gaining prominence in the recent times, due to the benefits it offers over the traditional surveillance techniques, such as biometrics. Governments all over the world have been spending significant resources in the facial recognition technology, among which, the U.S. and China are the leading adopters. Growing demand for the surveillance systems to enhance the security and safety are increasing the implementation of facial recognition systems.
The government initiatives are anticipated to contribute to double-digit growth of the technologies. For instance, the U.S. government has plans to reshape the airport security through facial recognition, so as to register and identify the people. Although the interest on multi-factor verification has been increasing, due to increasing cyber and terror attacks, and identity theft, need to incorporate the better security systems is inspiring organizations to implement the safe multi-factor authentication solutions, including facial recognition technologyand finger print sensors.

Competitor overview
The players provide facial recognition solutions to furnish to the needs and demands of the customer. The major development strategies adopted by the players include collaborations and agreements, partnerships, and new product launches or product enhancements. The competitive rivalry in the industry is not consolidated, despite the presence of few major players functioning in the market, such as Gemalto and Aware, among others. With the number of the startups in the market growing at a considerable rate, the market is likely to witness a highly competitive development in the near future.

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Research objectives:
o To study and analyze the global Facial Recognition Market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2026.
o To understand the structure of Facial Recognition Market by identifying its various sub segments.
o Focuses on the key global Facial Recognition players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
o To analyze the Facial Recognition with respect to individual growth trends, future prospects, and their contribution to the total market.
o To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
o To project the size of Facial Recognition submarkets, with respect to key regions (along with their respective key countries).
o To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
o To strategically profile the key players and comprehensively analyze their growth strategies.

Key questions answered in this report
o What will the market size be in 2026 and what will the growth rate be?
o What are the key market trends?
o What is driving this market?
o What are the challenges to market growth?
o Who are the key vendors in this market space?
o What are the market opportunities and threats faced by the key vendors?
o What are the strengths and weaknesses of the key vendors?

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