Face Recognition Systems Market Is Estimated to Grow at a CAGR of 13.0% by 2023 Top Companies Covered Like NEC Corporation, Safran Group, Gemalto, Ayonix, Crossmatch Technologies, Aware

In this report, RRI Information studies the present scenario (with the base year being 2017) and the growth prospects of global Face Recognition Systems market for 2018-2023.

This report studies the Face Recognition Systems market, a face recognition system is a computer application capable of identifying or verifying a person from a digital image or a video frame from a video source. One of the ways to do this is by comparing selected facial features from the image and a face database.

Currently, the market is primarily driven by robust technological advancements for development of efficient surveillance systems required by civil and government agencies. This is due to rising instances of criminal and terrorist activities and identification of fraud cases across the globe. Moreover, facial recognition systems that can scan images in all environmental conditions are being developed using 3D facial recognition technology. This would heRRI overcome the barriers of 2D facial recognition technology that include light and pose deflections of the object. However, restrictions on users to share their personal details i.e. covert monitoring of an individual, is expected to hinder the market growth. Furthermore, increased adoption of facial recognition in web applications for picture tagging, social interaction, and others is expected to drive the demand for facial recognition in future.

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The global facial recognition market is analyzed on the basis of parameters such as type of technology, end-use industry and geographic regions. Of the different technology types, the 2D facial recognition technology segment contributed a significant revenue share ?about 59.67%? in the global market in 2016. This is due to the adoption and acceptance of 2D facial recognition technology in surveillance, which is primarily due to its low cost and easy installation using existing cameras. The market for 3D facial recognition technology, that offers better and accurate results, is expected to record steady growth as compared to 2D technology. Furthermore, the facial recognition market is witnessing development of facial analytics systems that heRRI generate descriptive metadata about a given face, apart from simple identification. This has resulted in the use of facial recognition technique as both identification and authentication tools.

Over the next five years, RRI (RRI Information) projects that Face Recognition Systems will register a 13.0% CAGR in terms of revenue, reach US$ 1100 million by 2023, from US$ 530 million in 2017.

This report presents a comprehensive overview, market shares and growth opportunities of Face Recognition Systems market by product type, application, key companies and key regions.
To calculate the market size, RRI Information considers value generated from the sales of the following segments:
Segmentation by product type:
2D Face Recognition
3D Face Recognition
Segmentation by application:
Emotion Recognition
Law Enforcement, Surveillance, and Monitoring
Others
We can also provide the customized separate regional or country-level reports, for the following regions:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
NEC Corporation
Safran Group
Gemalto
Ayonix
Crossmatch Technologies
Aware Inc

Table of Contents

2018-2023 Global Face Recognition Systems Market Report (Status and Outlook)
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Face Recognition Systems Market Size 2013-2023
2.1.2 Face Recognition Systems Market Size CAGR by Region
2.2 Face Recognition Systems Segment by Type
2.2.1 2D Face Recognition
2.2.2 3D Face Recognition
2.2.3 Thermal Face Recognition
2.3 Face Recognition Systems Market Size by Type
2.3.1 Global Face Recognition Systems Market Size Market Share by Type (2013-2018)
2.3.2 Global Face Recognition Systems Market Size Growth Rate by Type (2013-2018)
2.4 Face Recognition Systems Segment by Application
2.4.1 Emotion Recognition
2.4.2 Law Enforcement, Surveillance, and Monitoring
2.4.3 Others
2.5 Face Recognition Systems Market Size by Application
2.5.1 Global Face Recognition Systems Market Size Market Share by Application (2013-2018)
2.5.2 Global Face Recognition Systems Market Size Growth Rate by Application (2013-2018)

3 Global Face Recognition Systems by Players
3.1 Global Face Recognition Systems Market Size Market Share by Players
3.1.1 Global Face Recognition Systems Market Size by Players (2016-2018)
3.1.2 Global Face Recognition Systems Market Size Market Share by Players (2016-2018)
3.2 Global Face Recognition Systems Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2016-2018)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion

4 Face Recognition Systems by Regions
4.1 Face Recognition Systems Market Size by Regions
4.2 Americas Face Recognition Systems Market Size Growth
4.3 APAC Face Recognition Systems Market Size Growth
4.4 Europe Face Recognition Systems Market Size Growth
4.5 Middle East & Africa Face Recognition Systems Market Size Growth

5 Americas
5.1 Americas Face Recognition Systems Market Size by Countries
5.2 Americas Face Recognition Systems Market Size by Type
5.3 Americas Face Recognition Systems Market Size by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries

6 APAC
6.1 APAC Face Recognition Systems Market Size by Countries
6.2 APAC Face Recognition Systems Market Size by Type
6.3 APAC Face Recognition Systems Market Size by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries

7 Europe
7.1 Europe Face Recognition Systems by Countries
7.2 Europe Face Recognition Systems Market Size by Type
7.3 Europe Face Recognition Systems Market Size by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries

8 Middle East & Africa
8.1 Middle East & Africa Face Recognition Systems by Countries
8.2 Middle East & Africa Face Recognition Systems Market Size by Type
8.3 Middle East & Africa Face Recognition Systems Market Size by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries

9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends

10 Global Face Recognition Systems Market Forecast
10.1 Global Face Recognition Systems Market Size Forecast (2018-2023)
10.2 Global Face Recognition Systems Forecast by Regions
10.2.1 Global Face Recognition Systems Forecast by Regions (2018-2023)
10.2.2 Americas Market Forecast
10.2.3 APAC Market Forecast
10.2.4 Europe Market Forecast
10.2.5 Middle East & Africa Market Forecast
10.3 Americas Forecast by Countries
10.3.1 United States Market Forecast
10.3.2 Canada Market Forecast
10.3.3 Mexico Market Forecast
10.3.4 Brazil Market Forecast
10.4 APAC Forecast by Countries
10.4.1 China Market Forecast
10.4.2 Japan Market Forecast
10.4.3 Korea Market Forecast
10.4.4 Southeast Asia Market Forecast
10.4.5 India Market Forecast
10.4.6 Australia Market Forecast
10.5 Europe Forecast by Countries
10.5.1 Germany Market Forecast
10.5.2 France Market Forecast
10.5.3 UK Market Forecast
10.5.4 Italy Market Forecast
10.5.5 Russia Market Forecast
10.5.6 Spain Market Forecast
10.6 Middle East & Africa Forecast by Countries
10.6.1 Egypt Market Forecast
10.6.2 South Africa Market Forecast
10.6.3 Israel Market Forecast
10.6.4 Turkey Market Forecast
10.6.5 GCC Countries Market Forecast
10.7 Global Face Recognition Systems Forecast by Type
10.8 Global Face Recognition Systems Forecast by Application

11 Key Players Analysis
11.1 NEC Corporation
11.1.1 Company Details
11.1.2 Face Recognition Systems Product Offered
11.1.3 NEC Corporation Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.1.4 Main Business Overview
11.1.5 NEC Corporation News
11.2 Safran Group
11.2.1 Company Details
11.2.2 Face Recognition Systems Product Offered
11.2.3 Safran Group Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.2.4 Main Business Overview
11.2.5 Safran Group News
11.3 Gemalto
11.3.1 Company Details
11.3.2 Face Recognition Systems Product Offered
11.3.3 Gemalto Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.3.4 Main Business Overview
11.3.5 Gemalto News
11.4 Ayonix
11.4.1 Company Details
11.4.2 Face Recognition Systems Product Offered
11.4.3 Ayonix Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.4.4 Main Business Overview
11.4.5 Ayonix News
11.5 Crossmatch Technologies
11.5.1 Company Details
11.5.2 Face Recognition Systems Product Offered
11.5.3 Crossmatch Technologies Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.5.4 Main Business Overview
11.5.5 Crossmatch Technologies News
11.6 Aware Inc
11.6.1 Company Details
11.6.2 Face Recognition Systems Product Offered
11.6.3 Aware Inc Face Recognition Systems Revenue, Gross Margin and Market Share (2016-2018)
11.6.4 Main Business Overview
11.6.5 Aware Inc News

12 Research Findings and Conclusion

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Face Recognition Systems market size by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Face Recognition Systems market by identifying its various subsegments.
Focuses on the key global Face Recognition Systems players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Face Recognition Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Face Recognition Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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