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Facial Recognition Access Control Solutions market was valued at US$ 1431.8 million in 2022 and is anticipated to reach US$ 3470.3 million by 2029, witnessing a CAGR of 15.9% - Valuates Reports
Facial Recognition Access Control Solutions market was valued at US$ 1431.8 million in 2022 and is anticipated to reach US$ 3470.3 million by 2029, witnessing a CAGR of 15.9% during the forecast period 2023-2029.Get sample report - https://reports.valuates.com/request/sample/QYRE-Auto-2F9522/Global_Facial_Recognition_Access_Control_Solutions_Market_Size_Status_and_Forecast_2022
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.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 aims to provide a comprehensive presentation of the global market for Facial Recognition Access Control Solutions, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Facial Recognition Access Control Solutions.
The Facial Recognition Access Control Solutions market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Facial Recognition Access Control Solutions market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
Segment by Type
Access Control System
Gate System
Segment by Application
Civil Aviation
Financial
Community
Education
Army
Public Security
Government
Enterprise
Electricity
Others
Get detailed report - https://reports.valuates.com/market-reports/QYRE-Auto-2F9522/global-facial-recognition-access-control-solutions
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