The Facial Recognition industry is anticipated to achieve a valuation of approximately US$ 12,670.22 million by 2028, rising from US$ 5,012.71 million in 2021, reflecting a compound annual growth rate (CAGR) of 14.2% during the period from 2021 to 2028.
The use of facial recognition technology is expected to expand significantly in both law enforcement and various non-law enforcement sectors throughout the forecast period. Its non-invasive nature and straightforward implementation make it a preferred option compared to other biometric methods, including iris scanning, fingerprint recognition, skin texture analysis, and voice identification. The ongoing fourth industrial revolution, often referred to as Industry 4.0, characterized by rapid technological advancements in areas such as artificial intelligence (AI), is a key factor propelling this growth. Modern AI-driven facial recognition systems leverage machine learning algorithms, internet protocol (IP) cameras, and cognitive technologies to verify identities from digital images or video feeds, providing enhanced accuracy over traditional systems. As a result, numerous organizations are transitioning from conventional fingerprint scanners to AI-enhanced facial recognition systems, further accelerating their adoption.
The expansion of the facial recognition market is significantly influenced by increasing governmental initiatives and investments aimed at fostering AI-based facial recognition technologies. In 2020, the US Department of Defense's Defense Advanced Research Projects Agency (DARPA) committed over US$2 billion for AI-focused research and development over a five-year span. This funding is particularly advantageous for numerous AI startups concentrating on facial recognition, thereby contributing to the market's growth.
The global repercussions of the COVID-19 pandemic have varied across different regions. Nevertheless, during this health crisis, organizations are striving to create safe working environments for their employees, leading to the emergence of contactless attendance monitoring through facial recognition software as a valuable tool. This technology aids businesses in resuming on-site operations while prioritizing employee health and safety. For instance, CyberLink's FaceMe technology, which specializes in facial recognition and tracking, is utilized by various physical retail locations in the US for biometric attendance management. Additionally, two Chinese firms have developed AI-driven software for diagnosing coronavirus through CT scans to identify lung issues. This technology was employed by at least 34 hospitals in China to screen 32,000 suspected cases in February 2020. Consequently, the overall effect of the COVID-19 pandemic on the facial recognition market is projected to be moderate to low.
The global facial recognition market is divided into three primary segments based on components, applications, and verticals. The components segment encompasses software, hardware, and services, with the software segment leading the market in 2021. The applications segment is further divided into security & surveillance, access control, and other uses, where security & surveillance was the dominant segment in 2021. The verticals segment includes banking, financial services, and insurance (BFSI), retail and e-commerce, government, healthcare, education, automotive and transportation, among others, with the government sector holding the largest market share in 2021. Regionally, the facial recognition market is segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America (SAM), with APAC representing a substantial portion of the market in 2021.
Key players in the global facial recognition market include Tech5, IDEMIA, Aware Inc., Cognitec Systems GmbH, Ayonix Corporation, Fujitsu Limited, Onfido, NEC Corporation, Thales Group, and Face PHI, all of whom are featured in the market analysis.
The size of the facial recognition market has been assessed through a combination of primary and secondary research methodologies. The initial phase involved extensive secondary research utilizing both internal and external sources to collect qualitative and quantitative data pertinent to the market. This approach facilitated a comprehensive understanding and forecasting of the facial recognition market across all segments. Furthermore, numerous primary interviews were conducted with industry stakeholders, including vice presidents, business development managers, market intelligence managers, national sales managers, external consultants, research analysts, valuation experts, and key opinion leaders specializing in the facial recognition sector, to validate the findings and obtain deeper analytical insights.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Facial Recognition Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 Asia Pacific
4.2.4 MEA
4.2.5 SAM
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Global Facial Recognition Market - Key Industry Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand from Government and Defense Sectors
5.1.2 Burgeoning Adoption of AI-Based Facial Recognition Systems
5.2 Market Restraints
5.2.1 Restricted Adoption due to Technical Drawbacks
5.3 Market Opportunities
5.3.1 Adoption of Cloud-Based Facial Recognition Technology
5.4 Future Trends
5.4.1 3D Face Recognition Systems
5.5 Impact Analysis of Drivers and Restraints
6. Facial Recognition Market - Global Analysis
6.1 Facial Recognition Market Overview
6.2 Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Facial Recognition Market Analysis - By Component
7.1 Overview
7.2 Facial Recognition Market, By Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.3.3 2D Facial Recognition
7.3.4 Overview
7.3.5 2D Facial Recognition: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.3.6 3D Facial Recognition
7.3.7 Overview
7.3.8 3D Facial Recognition: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.3.9 Facial Analytics
7.3.10 Overview
7.3.11 Facial Analytics: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.4.3 Training and Consulting
7.4.4 Overview
7.4.5 Training and Consulting: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.4.6 Integration and Implementation
7.4.7 Overview
7.4.8 Integration and Implementation: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
7.4.9 Support and Maintenance
7.4.10 Overview
7.4.11 Support and Maintenance: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
8. Facial Recognition Market Analysis - By Application
8.1 Overview
8.2 Facial Recognition Market, By Application (2020 and 2028)
8.3 Security and Surveillance
8.3.1 Overview
8.3.2 Security and Surveillance: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Access Control
8.4.1 Overview
8.4.2 Access Control: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9. Facial Recognition Market Analysis - By Vertical
9.1 Overview
9.2 Facial Recognition Market, By Vertical (2020 and 2028)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Retail and E-commerce
9.4.1 Overview
9.4.2 Retail and E-commerce: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Government
9.5.1 Overview
9.5.2 Government: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Healthcare
9.6.1 Overview
9.6.2 Healthcare: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Education
9.7.1 Overview
9.7.2 Education: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.8 Automobile and Transportation
9.8.1 Overview
9.8.2 Automobile and Transportation: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10. Facial Recognition Market - Geographic Analysis
10.1 Overview
10.2 North America: Facial Recognition Market
10.2.1 North America: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.2.2 North America: Facial Recognition Market, By Component
10.2.3 North America: Facial Recognition Market, by Application
10.2.4 North America: Facial Recognition Market, by Vertical
10.2.5 North America: Facial Recognition Market, by Key Country
10.2.5.1 US: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.1.1 US: Facial Recognition Market, By Component
10.2.5.1.2 US: Facial Recognition Market, by Application
10.2.5.1.3 US: Facial Recognition Market, by Vertical
10.2.5.2 Canada: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.2.1 Canada: Facial Recognition Market, By Component
10.2.5.2.2 Canada: Facial Recognition Market, by Application
10.2.5.2.3 Canada: Facial Recognition Market, by Vertical
10.2.5.3 Mexico: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.2.5.3.1 Mexico: Facial Recognition Market, By Component
10.2.5.3.2 Mexico: Facial Recognition Market, by Application
10.2.5.3.3 Mexico: Facial Recognition Market, by Vertical
10.3 Europe: Facial Recognition Market
10.3.1 Europe: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.2 Europe: Facial Recognition Market, By Component
10.3.3 Europe: Facial Recognition Market, by Application
10.3.4 Europe: Facial Recognition Market, by Vertical
10.3.5 Europe: Facial Recognition Market, by Key Country
10.3.5.1 France: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.1.1 France: Facial Recognition Market, By Component
10.3.5.1.2 France: Facial Recognition Market, by Application
10.3.5.1.3 France: Facial Recognition Market, by Vertical
10.3.5.2 Germany: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.2.1 Germany: Facial Recognition Market, By Component
10.3.5.2.2 Germany: Facial Recognition Market, by Application
10.3.5.2.3 Germany: Facial Recognition Market, by Vertical
10.3.5.3 Italy: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.3.1 Italy: Facial Recognition Market, By Component
10.3.5.3.2 Italy: Facial Recognition Market, by Application
10.3.5.3.3 Italy: Facial Recognition Market, by Vertical
10.3.5.4 UK: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.4.1 UK: Facial Recognition Market, By Component
10.3.5.4.2 UK: Facial Recognition Market, by Application
10.3.5.4.3 UK: Facial Recognition Market, by Vertical
10.3.5.5 Russia: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.5.1 Russia: Facial Recognition Market, By Component
10.3.5.5.2 Russia: Facial Recognition Market, by Application
10.3.5.5.3 Russia: Facial Recognition Market, by Vertical
10.3.5.6 Rest of Europe: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.3.5.6.1 Rest of Europe: Facial Recognition Market, By Component
10.3.5.6.2 Rest of Europe: Facial Recognition Market, by Application
10.3.5.6.3 Rest of Europe: Facial Recognition Market, by Vertical
10.4 APAC: Facial Recognition Market
10.4.1 APAC: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.2 APAC: Facial Recognition Market, By Component
10.4.3 APAC: Facial Recognition Market, by Application
10.4.4 APAC: Facial Recognition Market, by Vertical
10.4.5 APAC: Facial Recognition Market, by Key Country
10.4.5.1 China: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.1.1 China: Facial Recognition Market, By Component
10.4.5.1.2 China: Facial Recognition Market, by Application
10.4.5.1.3 China: Facial Recognition Market, by Vertical
10.4.5.2 India: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.2.1 India: Facial Recognition Market, By Component
10.4.5.2.2 India: Facial Recognition Market, by Application
10.4.5.2.3 India: Facial Recognition Market, by Vertical
10.4.5.3 Japan: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.3.1 Japan: Facial Recognition Market, By Component
10.4.5.3.2 Japan: Facial Recognition Market, by Application
10.4.5.3.3 Japan: Facial Recognition Market, by Vertical
10.4.5.4 South Korea: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.5 South Korea: Facial Recognition Market, By Component
10.4.5.5.1 South Korea: Facial Recognition Market, by Application
10.4.5.5.2 South Korea: Facial Recognition Market, by Vertical
10.4.5.6 Rest of APAC: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.4.5.6.1 Rest of APAC: Facial Recognition Market, By Component
10.4.5.6.2 Rest of APAC: Facial Recognition Market, by Application
10.4.5.6.3 Rest of APAC: Facial Recognition Market, by Vertical
10.5 MEA: Facial Recognition Market
10.5.1 MEA: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.5.2 MEA: Facial Recognition Market, By Component
10.5.3 MEA: Facial Recognition Market, by Application
10.5.4 MEA: Facial Recognition Market, by Vertical
10.5.5 MEA: Facial Recognition Market, by Key Country
10.5.5.1 South Africa: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.1.1 South Africa: Facial Recognition Market, By Component
10.5.5.1.2 South Africa: Facial Recognition Market, by Application
10.5.5.1.3 South Africa: Facial Recognition Market, by Vertical
10.5.5.2 UAE: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.2.1 UAE: Facial Recognition Market, By Component
10.5.5.2.2 UAE: Facial Recognition Market, by Application
10.5.5.2.3 UAE: Facial Recognition Market, by Vertical
10.5.5.3 Rest of MEA: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.5.5.3.1 Rest of MEA: Facial Recognition Market, By Component
10.5.5.3.2 Rest of MEA: Facial Recognition Market, by Application
10.5.5.3.3 Rest of MEA: Facial Recognition Market, by Vertical
10.6 SAM: Facial Recognition Market
10.6.1 SAM: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.6.2 SAM: Facial Recognition Market, By Component
10.6.3 SAM: Facial Recognition Market, by Application
10.6.4 SAM: Facial Recognition Market, by Vertical
10.6.5 SAM: Facial Recognition Market, by Key Country
10.6.5.1 Brazil: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.1.1 Brazil: Facial Recognition Market, By Component
10.6.5.1.2 Brazil: Facial Recognition Market, by Application
10.6.5.1.3 Brazil: Facial Recognition Market, by Vertical
10.6.5.2 Argentina: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.2.1 Argentina: Facial Recognition Market, By Component
10.6.5.2.2 Argentina: Facial Recognition Market, by Application
10.6.5.2.3 Argentina: Facial Recognition Market, by Vertical
10.6.5.3 Rest of SAM: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
10.6.5.3.1 Rest of SAM: Facial Recognition Market, By Component
10.6.5.3.2 Rest of SAM: Facial Recognition Market, by Application
10.6.5.3.3 Rest of SAM: Facial Recognition Market, by Vertical
11. Facial Recognition Market - COVID-19 Impact Analysis
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 New Product Development
12.4 Merger and Acquisition
13. Company Profiles
13.1 Tech5
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 IDEMIA
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Aware Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Cognitec Systems GmbH
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Ayonix Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Fujitsu Limited
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Onfido
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 NEC Corporation
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Thales Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Face PHI
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About
14.2 Word Index
LIST OF TABLES
Table 1. Facial Recognition market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 4. North America: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Facial Recognition Market, By Component -Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Facial Recognition Market, by Application -Revenue and Forecast to 2028 (US$ Million)
Table 7. US: Facial Recognition Market, by Vertical -Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 14. Europe: Facial Recognition Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 15. Europe: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 16. Europe: Facial Recognition Market, by Vertical- Revenue and Forecast to 2028 (US$ Million)
Table 17. France: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 18. France: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 19. France: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 20. Germany: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 21. Germany: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 22. Germany: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 23. Italy: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 24. Italy: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 25. Italy: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 26. UK: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 27. UK: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 28. UK: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 29. Russia: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 30. Russia: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 31. Russia: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 32. Rest of Europe: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 33. Rest of Europe: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 34. Rest of Europe: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 35. APAC: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 36. APAC: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 37. APAC: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 38. China: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 39. China: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 40. China: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 41. India: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 42. India: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 43. India: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 44. Japan: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 45. Japan: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 46. Japan: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 47. South Korea: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 48. South Korea: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 49. South Korea: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 50. Rest of APAC: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 51. Rest of APAC: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of APAC: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 53. MEA: Facial Recognition Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 54. MEA: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 55. MEA: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 56. South Africa: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 57. South Africa: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 58. South Africa: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 59. UAE: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 60. UAE: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 61. UAE: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 62. Rest of MEA: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 63. Rest of MEA: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 64. Rest of MEA: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 65. SAM: Facial Recognition Market, By Component- Revenue and Forecast to 2028 (US$ Million)
Table 66. SAM: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 67. SAM: Facial Recognition Market, by Vertical- Revenue and Forecast to 2028 (US$ Million)
Table 68. Brazil: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 69. Brazil: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 70. Brazil: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 71. Argentina: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 72. Argentina: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 73. Argentina: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 74. Rest of SAM: Facial Recognition Market, By Component - Revenue and Forecast to 2028 (US$ Million)
Table 75. Rest of SAM: Facial Recognition Market, by Application - Revenue and Forecast to 2028 (US$ Million)
Table 76. Rest of SAM: Facial Recognition Market, by Vertical - Revenue and Forecast to 2028 (US$ Million)
Table 77. List of Abbreviation
LIST OF FIGURES
Figure 1. Facial Recognition Market Segmentation
Figure 2. Facial Recognition market Segmentation - By Geography
Figure 3. Global Facial Recognition Market Overview
Figure 4. Software Segment held the largest share in 2020
Figure 5. Security & Surveillance Segment held the largest share in 2020
Figure 6. BFSI Segment held the largest share in 2020
Figure 7. Asia Pacific held the largest share in 2020
Figure 8. North America: PEST Analysis
Figure 9. Europe: PEST Analysis
Figure 10. Asia Pacific: PEST Analysis
Figure 11. MEA: PEST Analysis
Figure 12. SAM: PEST Analysis
Figure 13. Facial Recognition Market: Ecosystem Analysis
Figure 14. Expert Opinion
Figure 15. Impact Analysis of Drivers and Restraints
Figure 16. Facial Recognition Market - Geographic Analysis
Figure 17. Facial Recognition market Revenue and Forecast to 2028 (US$ Million)
Figure 18. Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 19. Software: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. 2D Facial Recognition: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. 3D Facial Recognition: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Facial Analytics: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. Services: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Training and Consulting: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Integration and Implementation: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Support and Maintenance: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 28. Security and Surveillance: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 29. Access Control: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Others: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 32. BFSI: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. Retail and E-commerce: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 34. Government: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 35. Healthcare: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 36. Education: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 37. Automobile and Transportation: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 38. Others: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 39. Global Facial Recognition Market Revenue Share, by Region (2020 and 2028)
Figure 40. North America: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 41. North America: Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 42. North America: Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 43. North America: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 44. North America: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 45. US: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 46. Canada: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 47. Mexico: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 48. Europe: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 49. Europe: Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 50. Europe: Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 51. Europe: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 52. Europe: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 53. France: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 54. Germany: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 55. Italy: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 56. UK: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 57. Russia: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 58. Rest of Europe: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 59. APAC: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 60. APAC: Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 61. APAC: Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 62. APAC: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 63. APAC: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 64. China: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 65. India: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 66. Japan: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 67. South Korea: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 68. Rest of APAC: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 69. MEA: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 70. MEA: Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 71. MEA: Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 72. MEA: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 73. MEA: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 74. South Africa: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 75. UAE: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 76. Rest of MEA: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 77. SAM: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 78. SAM: Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 79. SAM: Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 80. SAM: Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 81. SAM: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 82. Brazil: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 83. Argentina: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 84. Rest of SAM: Facial Recognition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 85. Impact of COVID-19 Pandemic in North American Country Markets
Figure 86. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 87. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 88. Impact of COVID-19 Pandemic in the Middle East & Africa Country Markets
Figure 89. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Facial Recognition Market
1. Tech5
2. IDEMIA
3. Aware Inc.
4. Cognitec Systems GmbH
5. Ayonix Corporation
6. Fujitsu Limited
7. Onfido
8. NEC Corporation
9. Thales Group
10. Face PHI
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