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Facial Recognition Market Size & Share, by Component (Software & Tools, 2D, 3D); Application (Law Enforcement, Access Control, Emotion Recognition, Attendance Tracking); End-user (Healthcare, Education, Automotive, Banking, Financial Services, Insurance, Retail & E-commerce) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4403
  • Published Date: Feb 15, 2023
  • Report Format: PDF, PPT

Companies Dominating the Facial Recognition Landscape

top-features-companies
    • PopID, Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • SAFR (RealNetworks, Inc.)
    • Aware, Inc.
    • Ayonix Corporation
    • Cognitec Systems GmbH
    • FACEPHI BIOMETRICS Ltd.
    • Fujitsu Limited
    • THALES
    • IDEMIA Group
    • NEC Corporation
    • Onfido
Browse Key Market Insights with Data Illustration:

In the News

 

  • PopID, Inc. and Visa have entered into a partnership to launch facial verification payment acceptance in the Middle East region. The main aim of this merging is to provide a safe, secure, and trustworthy way for cardholders to pay.

  • SAFR has entered into a collaboration with Geutebruck Pacific to expand the company’s competency.

 


Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 4403
  • Published Date: Feb 15, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increased market capitalization of the banking sector and rising concerns of cybersecurity are the major factors driving the market growth.

The market is anticipated to attain a CAGR of ~16% over the forecast period, i.e., 2023-2033.

Low adoption rate in developing countries and poor policy management are estimated to be the growth hindering factors for the market expansion.

The market in the North America region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are SAFR (RealNetworks, Inc.), Aware, Inc., Ayonix Corporation, Cognitec Systems GmbH, FACEPHI BIOMETRICS Ltd., Fujitsu Limited, THALES, IDEMIA Group, NEC Corporation, Onfido, and others.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, application, end-user, and by region.

The healthcare segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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