Facial Recognition Market

Global Facial Recognition Market Size, Trends & Analysis - Forecasts to 2028 By Technology (2D, 3D, and Facial Analytics), By Application (Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Security & Surveillance, and Others), By End-use (Retail & E-commerce, Media & Entertainment, BFSI, Automobile & Transportation, Telecom & IT, Government, Healthcare, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Category Electronics, Semiconductors and Information & Communication Technology
Format
  • ms word
  • ms excel
  • ms ppt
  • pdf
This report was recently updated on April 9 2024 with the latest and most recent market numbers

Global Facial Recognition Market Size

The global facial recognition market is projected to grow at a CAGR of 15.2% from 2023 to 2028.

The surge in security concerns across diverse sectors propels the heightened demand for biometric facial recognition solutions. This technology addresses evolving security challenges by providing a reliable and efficient means of identity verification solutions, contributing to the overall enhancement of security measures in various industries. The rise in criminal activities, including thefts and robberies, fuels the demand for robust security solutions. Facial recognition aids law enforcement agencies in criminal identification, forensic investigation, and real-time monitoring.

Government initiatives, such as the deployment of facial recognition at airports and border control, contribute significantly to the growth of the facial recognition market. These initiatives aim to enhance public safety, identify criminals, and streamline security processes. The COVID-19 pandemic accelerated the adoption of facial recognition for touchless identification and tracking of COVID-positive individuals. Facial recognition systems were deployed for various purposes, including access control and monitoring in public spaces.

Facial recognition systems continually enhance accuracy and efficiency through advancements in artificial intelligence (AI), deep learning algorithms, and computer vision technologies. Furthermore, research and development contribute to the evolution of the technology. The growing adoption of the Internet of Things (IoT) and smart devices that seamlessly integrate with facial recognition systems provides new opportunities for market growth. These integrations enhance overall security and authentication processes. The increasing demand for biometric authentication methods, where facial recognition plays a crucial role, drives the market growth. Industries and organizations seek secure and convenient facial authentication systems for various facial recognition applications. The availability of high-resolution cameras, both in surveillance systems and consumer devices like smartphones, contributes to the effectiveness of facial recognition. Clear and detailed images improve the accuracy of identification.

The retail and e-commerce sectors utilize facial recognition for security, preventing theft, and analyzing consumer behavior. The technology helps enhance the overall shopping experience by offering personalized recommendations and improving store security.

Privacy concerns pose a significant constraint in privacy and security in adopting facial recognition technology. Issues related to data security, potential algorithm biases, and the risk of unauthorized access raise apprehensions. Finding an equilibrium between technological progress and safeguarding individual privacy remains a hurdle for the widespread acceptance of facial recognition systems.

global facial recognition market

Global Facial Recognition Market: By Technology

The 3D segment is expected to hold the largest share of the market over the forecast period. Advanced features like facial analytics and cloud-based solutions primarily contribute to the segment's growth. Offering precise facial attribute analysis, 3D facial scanning technology finds applications in various sectors, such as education, retail, and healthcare. It is also essential for public safety, especially in high-security spaces like airports.

The facial analytics segment is expected to be the fastest-growing segment in the market from 2023-2028. Facial analytics entails scrutinizing facial attributes, expressions, and patterns to glean information about individuals' emotions, demographics, and conduct. Facial recognition algorithms' heightened precision and efficacy contribute to the widespread integration of facial analytics across industries such as security, retail, healthcare, and marketing.

Global Facial Recognition Market: By Application

The access control segment is expected to hold the largest share of the market. This dominance is attributed to companies' growing emphasis on upgrading their access control with facial recognition systems. For instance, in November 2019, authentication product provider Precise Biometrics introduced an innovative product enhancement. Integrating liveness detection capabilities into facial recognition-based physical access control systems is a key driver for increased technology adoption, resulting in elevated revenue generation.

The security & surveillance segment is anticipated to be the fastest-growing segment in the market from 2023-2028. This growth is attributed to the escalating integration of facial recognition technology into security and surveillance systems, particularly in high-security zones. Law enforcement agencies utilize these systems to locate missing individuals and identify criminals, while businesses install facial recognition-based security systems for monitoring and identifying individuals entering their establishments. Additionally, airports increasingly deploy surveillance facial recognition at security checkpoints, acting as a deterrent to potential criminal activities in public spaces.

Global Facial Recognition Market: By End-use

The healthcare segment is anticipated to be the fastest-growing segment in the market from 2023-2028. Facial recognition technology adds another layer of security to healthcare organizations by ensuring that only authorized individuals have access to restricted areas or confidential data. Integrating facial recognition into existing security systems improves security by deterring potential threats and lowering the risk of unauthorized access or data breaches.

The retail and e-commerce segment is expected to hold the largest share of the market over the forecast period. These industries have quickly embraced facial recognition technology to streamline operations and improve in-store experiences. Shoppers can securely and swiftly complete transactions by scanning their faces on smart devices or kiosks, providing a user-friendly and efficient payment solution with unique authentication services. Enabled by progress in machine learning algorithms based on computer vision, this method seamlessly detects and identifies shoppers from vast databases.

asia pacific facial recognition market

Global Facial Recognition Market: By Region

North America is expected to be the largest region in the market over the forecast period. The primary reasons boosting the facial recognition market growth in this region include the extensive integration of facial recognition technology into security and surveillance systems. The United States, in particular, has witnessed a widespread adoption of facial recognition across various sectors, including homeland security, justice, and defense. MorphoTrust, a leading U.S. vendor, has significantly contributed to creating facial recognition systems for multiple entities, including law enforcement agencies, state DMVs, state departments, and airports.

Asia Pacific is predicted to witness rapid growth during the forecast period. The growth is attributed to technological advancements, robust infrastructure development, and its widespread applications. The region, experiencing significant industrialization and a booming consumer electronics industry, presents lucrative opportunities for market players. In August 2022, Hyderabad International Airport implemented facial recognition for seamless travel, aligning with the DigiYatra program. China, a longstanding user of facial recognition, utilizes the technology in innovative ways, including deploying facial recognition glasses for police, enhancing security during celebrations, and pioneering facial-authenticated payments through platforms like Alipay, exemplified by the smile-to-pay feature at a KFC branch in Southern China.

Global Facial Recognition Market Share and Competitor Analysis

Aware, Inc., Cognitec Systems GmbH, Ayonix Corporation, Thales, Fujitsu, FacePhi, NEC Corporation, Onfido, Panasonic Corporation, and TECH5 among others, are some of the key players operating in the global facial recognition market.

Please note: This is not an exhaustive list of companies profiled in the report.

Global Facial Recognition Market Recent Developments

In March 2022, Salto Group announced its acquisition of Cognitec Systems with the aim of integrating face biometrics into its access control offerings.

In March 2023, NEC, a prominent technology firm, supplied facial recognition technology to Brunei authorities, supporting the Department of Internal Security's ongoing initiatives to bolster security measures. By deploying this state-of-the-art facial recognition system, the department seeks to enhance security coverage and effectively address evolving threats, explicitly focusing on counterterrorism efforts. The technology's capabilities in identifying and verifying individuals contribute significantly to Brunei's overarching security objectives.

1          STRATEGIC INSIGHTS ON NEW REVENUE POCKETS

1.1    Strategic Opportunity & Attractiveness Analysis

1.1.1        Hot Revenue Pockets

1.1.2        Market Attractiveness Score

1.1.3        Revenue Impacting Opportunity

1.1.4        High Growing Region/Country

1.1.5        Competitor Analysis

1.1.6        Consumer Analysis

1.2    Global Market Estimates' View

1.3    Strategic Insights across Business Functions

1.3.1        For Chief Executive Officers

1.3.2        For Chief Marketing Officers

1.3.3        For Chief Strategy Officers

1.4    Evaluate the Potential of your Existing Business Lines vs. New Lines to Enter Into

2          TECHNOLOGICAL TRENDS

2.1   Technological Adoption Rate

2.2   Current Trend Impact Analysis

2.3   Future Trend Impact Analysis

3          GLOBAL FACIAL RECOGNITION  MARKET OUTLOOK

3.1   Market Pyramid Analysis

3.1.1        Introduction

3.1.2           Adjacent Market Opportunities

3.1.3           Ancillary Market Opportunities

3.2   Demand Side Analysis

3.2.1           Market Drivers: Impact Analysis

3.2.2           Market Restraints: Impact Analysis

3.2.3           Market Opportunities: Impact Analysis

3.2.4           Market Challenges: Impact Analysis

3.3   Supply Side Analysis

3.3.1           Porter’s Five Forces Analysis

3.3.1.1 Threat of New Entrants

3.3.1.2 Threat of New Substitutes

3.3.1.3 Bargaining Power of Suppliers

3.3.1.4 Bargaining Power of Buyers

3.3.1.5 Intensity of Competitive Rivalry

3.3.2           SWOT Analysis; By Factor (Political & Legal, Economic, and Technological)

3.3.2.1 Political Landscape

3.3.2.2 Economic Landscape

3.3.2.3 Social Landscape

3.3.2.4 Technology Landscape

3.3.3        Value Chain Analysis

3.3.4        Trend Analysis

3.3.5        Gap Analysis

3.3.6        Cost Analysis

4          GLOBAL FACIAL RECOGNITION MARKET, BY END-USE

4.1   Introduction

4.2   Facial Recognition Market: End-use Scope Key Takeaways

4.3   Revenue Growth Analysis, 2022 & 2028

4.4   Retail & E-commerce

4.4.1           Retail & E-commerce Market Estimates and Forecast, 2020-2028 (USD Million)

4.5   Media & Entertainment

4.5.1           Media & Entertainment Market Estimates and Forecast, 2020-2028 (USD Million)

4.6   BFSI

4.6.1           BFSI Market Estimates and Forecast, 2020-2028 (USD Million)

4.7   Automobile & Transportation

4.7.1           Automobile & Transportation Market Estimates and Forecast, 2020-2028 (USD Million)

4.8   Telecom & IT

4.8.1           Telecom & IT Market Estimates and Forecast, 2020-2028 (USD Million)

4.9   Government

4.9.1           Government Market Estimates and Forecast, 2020-2028 (USD Million)

4.10 Healthcare

4.10.1        Healthcare Market Estimates and Forecast, 2020-2028 (USD Million)

4.11 Others

4.11.1        Others Market Estimates and Forecast, 2020-2028 (USD Million)

5          GLOBAL FACIAL RECOGNITION MARKET, BY APPLICATION

5.1   Introduction

5.2   Facial Recognition Market: Application Scope Key Takeaways

5.3   Revenue Growth Analysis, 2022 & 2028

5.4   Emotion Recognition

5.4.1           Emotion Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

5.5   Attendance Tracking and Monitoring

5.5.1           Attendance Tracking and Monitoring Market Estimates and Forecast, 2020-2028 (USD Million)

5.6   Access Control

5.6.1           Access Control Market Estimates and Forecast, 2020-2028 (USD Million)

5.7   Security & Surveillance

5.7.1           Security & Surveillance Market Estimates and Forecast, 2020-2028 (USD Million)

5.8   Others

5.8.1           Others Market Estimates and Forecast, 2020-2028 (USD Million)

6          GLOBAL FACIAL RECOGNITION MARKET, BY TECHNOLOGY

6.1   Introduction

6.2   Facial Recognition Market: Technology Scope Key Takeaways

6.3   Revenue Growth Analysis, 2022 & 2028

6.4   2D

6.4.1           2D Market Estimates and Forecast, 2020-2028 (USD Million)

6.5   3D

6.5.1           3D Market Estimates and Forecast, 2020-2028 (USD Million)

6.6   Facial Analytics

6.6.1           Facial Analytics Market Estimates and Forecast, 2020-2028 (USD Million)

7          GLOBAL FACIAL RECOGNITION MARKET, BY REGION

7.1   Introduction

7.2   North America Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.1        By End-use

7.2.2        By Application

7.2.3        By Technology

7.2.4        By Country

7.2.4.1     U.S. Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.1.1        By End-use

7.2.4.1.2        By Application

7.2.4.1.3        By Technology

7.2.4.2     Canada Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.2.1        By End-use

7.2.4.2.2        By Application

7.2.4.2.3        By Technology

7.2.4.3     Mexico Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.2.4.3.1        By End-use

7.2.4.3.2        By Application

7.2.4.3.3        By Technology

7.3   Europe Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.1        By End-use

7.3.2        By Application

7.3.3        By Technology

7.3.4        By Country

7.3.4.1     Germany Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.1.1        By End-use

7.3.4.1.2        By Application

7.3.4.1.3        By Technology

7.3.4.2     U.K. Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.2.1        By End-use

7.3.4.2.2        By Application

7.3.4.2.3        By Technology

7.3.4.3     France Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.3.1        By End-use

7.3.4.3.2        By Application

7.3.4.3.3        By Technology

7.3.4.4     Italy Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.4.1        By End-use

7.3.4.4.2        By Application

7.2.4.4.3        By Technology

7.3.4.5     Spain Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.5.1        By End-use

7.3.4.5.2        By Application

7.2.4.5.3        By Technology

7.3.4.6     Netherlands Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.6.1        By End-use

7.3.4.6.2        By Application

7.2.4.6.3        By Technology

7.3.4.7     Rest of Europe Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.3.4.7.1        By End-use

7.3.4.7.2        By Application

7.2.4.7.3        By Technology

7.4   Asia Pacific Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.1        By End-use

7.4.2        By Application

7.4.3        By Technology

7.4.4        By Country

7.4.4.1     China Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.1.1        By End-use

7.4.4.1.2        By Application

7.4.4.1.3        By Technology

7.4.4.2     Japan Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.2.1        By End-use

7.4.4.2.2        By Application

7.4.4.2.3        By Technology

7.4.4.3     India Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.3.1        By End-use

7.4.4.3.2        By Application

7.4.4.3.3        By Technology

7.4.4.4     South Korea Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.4.1        By End-use

7.4.4.4.2        By Application

7.4.4.4.3        By Technology

7.4.4.5     Singapore Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.5.1        By End-use

7.4.4.5.2        By Application

7.4.4.5.3        By Technology

7.4.4.6     Malaysia Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.6.1        By End-use

7.4.4.6.2        By Application

7.4.4.6.3        By Technology

7.4.4.7     Thailand Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.7.1        By End-use

7.4.4.7.2        By Application

7.4.4.7.3        By Technology

7.4.4.8     Indonesia Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.8.1        By End-use

7.4.4.8.2        By Application

7.4.4.8.3        By Technology

7.4.4.9     Vietnam Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.9.1        By End-use

7.4.4.9.2        By Application

7.4.4.9.3        By Technology

7.4.4.10  Taiwan Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.10.1 By End-use

7.4.4.10.2 By Application

7.4.4.10.3 By Technology

7.4.4.11  Rest of Asia Pacific Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.4.4.11.1 By End-use

7.4.4.11.2 By Application

7.4.4.11.3 By Technology

7.5   Middle East and Africa Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.1        By End-use

7.5.2        By Application

7.5.3        By Technology

7.5.4        By Country

7.5.4.1     Saudi Arabia Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.1.1        By End-use

7.5.4.1.2        By Application

7.5.4.1.3        By Technology

7.5.4.2     U.A.E. Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.2.1        By End-use

7.5.4.2.2        By Application

7.5.4.2.3        By Technology

7.5.4.3     Israel Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.3.1        By End-use

7.5.4.3.2        By Application

7.5.4.3.3        By Technology

7.5.4.4     South Africa Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.4.1        By End-use

7.5.4.4.2        By Application

7.5.4.4.3        By Technology

7.5.4.5     Rest of Middle East and Africa Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.5.4.5.1        By End-use

7.5.4.5.2        By Application

7.5.4.5.2        By Technology

7.6   Central and South America Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.1        By End-use

7.6.2        By Application

7.6.3        By Technology

7.6.4        By Country

7.6.4.1     Brazil Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.1.1        By End-use

7.6.4.1.2        By Application

7.6.4.1.3        By Technology

7.6.4.2     Argentina Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.2.1        By End-use

7.6.4.2.2        By Application

7.6.4.2.3        By Technology

7.6.4.3     Chile Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.3.1        By End-use

7.6.4.3.2        By Application

7.6.4.3.3        By Technology

7.6.4.4     Rest of Central and South America Facial Recognition Market Estimates and Forecast, 2020-2028 (USD Million)

7.6.4.4.1        By End-use

7.6.4.4.2        By Application

7.6.4.4.3        By Technology

8          COMPETITIVE LANDCAPE

8.1   Company Market Share Analysis

8.2   Four Quadrant Positioning Matrix

8.2.1        Market Leaders

8.2.2        Market Visionaries

8.2.3        Market Challengers

8.2.4        Niche Market Players

8.3   Vendor Landscape

8.3.1        North America

8.3.2        Europe

8.3.3        Asia Pacific

8.3.4        Rest of the World

8.4   Company Profiles  

8.4.1        Aware, Inc.

8.4.1.1 Business Description & Financial Analysis

8.4.1.2 SWOT Analysis

8.4.1.3 Products & Services Offered

8.4.1.4 Strategic Alliances between Business Partners

8.4.2        Cognitec Systems GmbH

8.4.2.1 Business Description & Financial Analysis

8.4.2.2 SWOT Analysis

8.4.2.3 Products & Services Offered

8.4.2.4 Strategic Alliances between Business Partners

8.4.3        Ayonix Corporation

8.4.3.1 Business Description & Financial Analysis

8.4.3.2 SWOT Analysis

8.4.3.3 Products & Services Offered

8.4.3.4 Strategic Alliances between Business Partners

8.4.4        Thales

8.4.4.1 Business Description & Financial Analysis

8.4.4.2 SWOT Analysis

8.4.4.3 Products & Services Offered

8.4.4.4 Strategic Alliances between Business Partners

8.4.5        Fujitsu

8.4.5.1 Business Description & Financial Analysis

8.4.5.2 SWOT Analysis

8.4.5.3 Products & Services Offered

8.4.5.4 Strategic Alliances between Business Partners

8.4.6        FacePhi

8.4.6.1 Business Description & Financial Analysis

8.4.6.2 SWOT Analysis

8.4.6.3 Products & Services Offered

8.4.6.4 Strategic Alliances between Business Partners

8.4.7        NEC Corporation  

8.4.7.1 Business Description & Financial Analysis

8.4.7.2 SWOT Analysis

8.4.7.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.8        Onfido

8.4.8.1 Business Description & Financial Analysis

8.4.8.2 SWOT Analysis

8.4.8.3 Products & Services Offered

8.4.8.4 Strategic Alliances between Business Partners

8.4.9        TECH5

8.4.9.1 Business Description & Financial Analysis

8.4.9.2 SWOT Analysis

8.4.9.3 Products & Services Offered

8.4.9.4 Strategic Alliances between Business Partners

8.4.10       Panasonic Corporation

8.4.10.1 Business Description & Financial Analysis

8.4.10.2 SWOT Analysis

8.4.10.3 Products & Services Offered

8.4.10.4 Strategic Alliances between Business Partners

8.4.11      Other Companies

8.4.11.1 Business Description & Financial Analysis

8.4.11.2 SWOT Analysis

8.4.11.3 Products & Services Offered

8.4.11.4 Strategic Alliances between Business Partners

9          RESEARCH METHODOLOGY

9.1   Market Introduction

9.1.1        Market Definition

9.1.2           Market Scope & Segmentation

9.2   Information Procurement

9.2.1        Secondary Research

9.2.1.1 Purchased Databases

9.2.1.2 GMEs Internal Data Repository

9.2.1.3 Secondary Resources & Third Party Perspectives

9.2.1.4 Company Information Sources

9.2.2        Primary Research

9.2.2.1 Various Types of Respondents for Primary Interviews

9.2.2.2 Number of Interviews Conducted throughout the Research Process

9.2.2.3 Primary Stakeholders

9.2.2.4 Discussion Guide for Primary Participants

9.2.3        Expert Panels

9.2.3.1 Expert Panels Across 30+ Industry

9.2.4        Paid Local Experts

9.2.4.1 Paid Local Experts Across 30+ Industry Across each Region

9.3   Market Estimation

9.3.1        Top-Down Approach

9.3.1.1 Macro-Economic Indicators Considered

9.3.1.2 Micro-Economic Indicators Considered

9.3.2        Bottom Up Approach

9.3.2.1 Company Share Analysis Approach

9.3.2.2 Estimation of Potential Product Sales

9.4   Data Triangulation

9.4.1        Data Collection

9.4.2           Time Series, Cross Sectional & Panel Data Analysis

9.4.3        Cluster Analysis

9.5   Analysis and Output

9.5.1           Inhouse AI Based Real Time Analytics Tool

9.5.2           Output From Desk & Primary Research

9.6   Research Assumptions & Limitations

9.7.1        Research Assumptions

9.7.2        Research Limitations

LIST OF TABLES

1 Global Facial Recognition Market, By End-use, 2020-2028 (USD Mllion)

2 Retail & E-commerce Market, By Region, 2020-2028 (USD Mllion)

3 Media & Entertainment Market, By Region, 2020-2028 (USD Mllion)            

4 bfsi Market, By Region, 2020-2028 (USD Mllion)

5 automobile & transportation Market, By Region, 2020-2028 (USD Mllion

6 Telecom & it Market, By Region, 2020-2028 (USD Mllion

7 Government Market, By Region, 2020-2028 (USD Mllion

8 Healthcare Market, By Region, 2020-2028 (USD Mllion

9 Others Market, By Region, 2020-2028 (USD Mllion)

10 Global Facial Recognition Market, By Application, 2020-2028 (USD Mllion)         

11 Emotion Recognition Market, By Region, 2020-2028 (USD Mllion)

12 Attendance Tracking and Monitoring Market, By Region, 2020-2028 (USD Mllion)

13 Access Control Market, By Region, 2020-2028 (USD Mllion)

14 Security & Surveillance Market, By Region, 2020-2028 (USD Mllion)

15 others Market, By Region, 2020-2028 (USD Mllion)

16 Global Facial Recognition Market, By Technology, 2020-2028 (USD Mllion)

17 2D Market, By Region, 2020-2028 (USD Mllion)         

18 3D Market, By Region, 2020-2028 (USD Mllion)         

19 Facial Analytics Market, By Region, 2020-2028 (USD Mllion)           

20 Regional Analysis, 2020-2028 (USD Mllion)

21 North America Facial Recognition Market, By End-use, 2020-2028 (USD Million)

22 North America Facial Recognition Market, By Application, 2020-2028 (USD Million)

23 North America Facial Recognition Market, By Technology, 2020-2028 (USD Million)

24 North America Facial Recognition Market, By Country, 2020-2028 (USD Million)

25 U.S Facial Recognition Market, By End-use, 2020-2028 (USD Million)

26 U.S Facial Recognition Market, By Application, 2020-2028 (USD Million)

27 U.S Facial Recognition Market, By Technology, 2020-2028 (USD Million)

28 Canada Facial Recognition Market, By End-use, 2020-2028 (USD Million)

29 Canada Facial Recognition Market, By Application, 2020-2028 (USD Million)

30 Canada Facial Recognition Market, By Technology, 2020-2028 (USD Million)

31 Mexico Facial Recognition Market, By End-use, 2020-2028 (USD Million)

32 Mexico Facial Recognition Market, By Application, 2020-2028 (USD Million)

33 Mexico Facial Recognition Market, By Technology, 2020-2028 (USD Million)

34 Europe Facial Recognition Market, By End-use, 2020-2028 (USD Million)

35 Europe Facial Recognition Market, By Application, 2020-2028 (USD Million)

36 Europe Facial Recognition Market, By Technology, 2020-2028 (USD Million)

37 Europe Facial Recognition Market, By Country 2020-2028 (USD Million)

38 Germany Facial Recognition Market, By End-use, 2020-2028 (USD Million)

39 Germany Facial Recognition Market, By Application, 2020-2028 (USD Million)

40 Germany Facial Recognition Market, By Technology, 2020-2028 (USD Million)

41 U.K Facial Recognition Market, By End-use, 2020-2028 (USD Million)

42 U.K Facial Recognition Market, By Application, 2020-2028 (USD Million)

43 U.K Facial Recognition Market, By Technology, 2020-2028 (USD Million)

44 France Facial Recognition Market, By End-use, 2020-2028 (USD Million)

45 France Facial Recognition Market, By Application, 2020-2028 (USD Million)

46 France Facial Recognition Market, By Technology, 2020-2028 (USD Million)

47 Italy Facial Recognition Market, By End-use, 2020-2028 (USD Million)

48 Italy Facial Recognition Market, By application, 2020-2028 (USD Million)

49 Italy Facial Recognition Market, By Technology, 2020-2028 (USD Million)

50 Spain Facial Recognition Market, By End-use, 2020-2028 (USD Million)

51 Spain Facial Recognition Market, By Application, 2020-2028 (USD Million)

52 Spain Facial Recognition Market, By Technology, 2020-2028 (USD Million)

53 Netherlands Facial Recognition Market, By End-use, 2020-2028 (USD Million)

54 Netherlands Facial Recognition Market, By Application, 2020-2028 (USD Million)

55 Netherlands Facial Recognition Market, By Technology, 2020-2028 (USD Million)

56 Rest Of Europe Facial Recognition Market, By End-use, 2020-2028 (USD Million)

57 Rest Of Europe Facial Recognition Market, By Application, 2020-2028 (USD Million)

58 Rest of Europe Facial Recognition Market, By Technology, 2020-2028 (USD Million)

59 Asia Pacific Facial Recognition Market, By End-use, 2020-2028 (USD Million)

60 Asia Pacific Facial Recognition Market, By Application, 2020-2028 (USD Million)

61 Asia Pacific Facial Recognition Market, By Technology, 2020-2028 (USD Million)

62 Asia Pacific Facial Recognition Market, By Country, 2020-2028 (USD Million)

63 China Facial Recognition Market, By End-use, 2020-2028 (USD Million)

64 China Facial Recognition Market, By Application, 2020-2028 (USD Million)

65 China Facial Recognition Market, By Technology, 2020-2028 (USD Million)

66 India Facial Recognition Market, By End-use, 2020-2028 (USD Million)

67 India Facial Recognition Market, By Application, 2020-2028 (USD Million)

68 India Facial Recognition Market, By Technology, 2020-2028 (USD Million)

69 Japan Facial Recognition Market, By End-use, 2020-2028 (USD Million)

70 Japan Facial Recognition Market, By Application, 2020-2028 (USD Million)

71 Japan Facial Recognition Market, By Technology, 2020-2028 (USD Million)

72 South Korea Facial Recognition Market, By End-use, 2020-2028 (USD Million)

73 South Korea Facial Recognition Market, By Application, 2020-2028 (USD Million)

74 South Korea Facial Recognition Market, By Technology, 2020-2028 (USD Million)

75 malaysia Facial Recognition Market, By End-use, 2020-2028 (USD Million)

76 malaysia Facial Recognition Market, By Application, 2020-2028 (USD Million)

77 malaysia Facial Recognition Market, By Technology, 2020-2028 (USD Million)

78 Thailand Facial Recognition Market, By End-use, 2020-2028 (USD Million)

79 Thailand Facial Recognition Market, By Application, 2020-2028 (USD Million)

80 Thailand Facial Recognition Market, By Technology, 2020-2028 (USD Million)

81 Indonesia Facial Recognition Market, By End-use, 2020-2028 (USD Million)

82 Indonesia Facial Recognition Market, By Application, 2020-2028 (USD Million)

83 Indonesia Facial Recognition Market, By Technology, 2020-2028 (USD Million)

84 Vietnam Facial Recognition Market, By End-use, 2020-2028 (USD Million)

85 Vietnam Facial Recognition Market, By Application, 2020-2028 (USD Million)

86 Vietnam Facial Recognition Market, By Technology, 2020-2028 (USD Million)

87 Taiwan Facial Recognition Market, By End-use, 2020-2028 (USD Million)

88 Taiwan Facial Recognition Market, By Application, 2020-2028 (USD Million)

89 Taiwan Facial Recognition Market, By Technology, 2020-2028 (USD Million)

90 Rest of Asia Pacific Facial Recognition Market, By End-use, 2020-2028 (USD Million)

91 Rest of Asia Pacific Facial Recognition Market, By Application, 2020-2028 (USD Million)

92 Rest of Asia Pacific Facial Recognition Market, By Technology, 2020-2028 (USD Million)

93 Middle East and Africa Facial Recognition Market, By End-use, 2020-2028 (USD Million)

94 Middle East and Africa Facial Recognition Market, By Application, 2020-2028 (USD Million)

95 Middle East and Africa Facial Recognition Market, By Technology, 2020-2028 (USD Million)

96 Middle East and Africa Facial Recognition Market, By Country, 2020-2028 (USD Million)

97 Saudi Arabia Facial Recognition Market, By End-use, 2020-2028 (USD Million)

98 Saudi Arabia Facial Recognition Market, By Application, 2020-2028 (USD Million)

99 Saudi Arabia Facial Recognition Market, By Technology, 2020-2028 (USD Million)

100 UAE Facial Recognition Market, By End-use, 2020-2028 (USD Million)

101 UAE Facial Recognition Market, By Application, 2020-2028 (USD Million)

102 UAE Facial Recognition Market, By Technology, 2020-2028 (USD Million)

103 Israel Facial Recognition Market, By End-use, 2020-2028 (USD Million)

104 Israel Facial Recognition Market, By Application, 2020-2028 (USD Million)

105 Israel Facial Recognition Market, By Technology, 2020-2028 (USD Million)

106 South Africa Facial Recognition Market, By End-use, 2020-2028 (USD Million)

107 South Africa Facial Recognition Market, By Application, 2020-2028 (USD Million)

108 South Africa Facial Recognition Market, By Technology, 2020-2028 (USD Million)

109 Rest of Middle East and Africa Facial Recognition Market, By End-use, 2020-2028 (USD Million)

110 Rest of Middle East and Africa Facial Recognition Market, By Application, 2020-2028 (USD Million)

111 UAE Rest of Middle East and Africa Facial Recognition Market, By Technology, 2020-2028 (USD Million)

112 Central and South America Facial Recognition Market, By End-use, 2020-2028 (USD Million)

113 Central and South America Facial Recognition Market, By Application, 2020-2028 (USD Million)

114 Central and South America Facial Recognition Market, By Technology, 2020-2028 (USD Million)

115 Central and South America Facial Recognition Market, By Country, 2020-2028 (USD Million)

116 Brazil Facial Recognition Market, By End-use, 2020-2028 (USD Million)

117 Brazil Facial Recognition Market, By Application, 2020-2028 (USD Million)

118 Brazil Facial Recognition Market, By Technology, 2020-2028 (USD Million)

119 Argentina Facial Recognition Market, By End-use, 2020-2028 (USD Million)

120 Argentina Facial Recognition Market, By Application, 2020-2028 (USD Million)

121 Argentina Facial Recognition Market, By Technology, 2020-2028 (USD Million)

122 Chile Facial Recognition Market, By End-use, 2020-2028 (USD Million)

123 Chile Facial Recognition Market, By Application, 2020-2028 (USD Million)

124 Chile Facial Recognition Market, By Technology, 2020-2028 (USD Million)

125 Rest of Central and South America Facial Recognition Market, By End-use, 2020-2028 (USD Million)

126 Rest of Central and South America Facial Recognition Market, By Application, 2020-2028 (USD Million)

127 Rest of Central and South America Facial Recognition Market, By Technology, 2020-2028 (USD Million)

128 Aware, Inc.: Products & Services Offering

129 Cognitec Systems GmbH: Products & Services Offering   

130 Ayonix Corporation: Products & Services Offering            

131 Thales: Products & Services Offering          

132 Fujitsu: Products & Services Offering         

133 FACEPHI: Products & Services Offering        

134 NEC Corporation : Products & Services Offering 

135 Onfido: Products & Services Offering         

136 TECH5, Inc: Products & Services Offering  

137  Panasonic Corporation: Products & Services Offering  

138 Other Companies: Products & Services Offering  

LIST OF FIGURES

1 Global Facial Recognition Market Overview

2 Global Facial Recognition Market Value From 2020-2028 (USD Mllion)

3 Global Facial Recognition Market Share, By End-use (2022)

4 Global Facial Recognition Market Share, By Application (2022)

5 Global Facial Recognition Market Share, By Technology (2022)

6 Global Facial Recognition Market, By Region (Asia Pacific Market)

7 Technological Trends In Global Facial Recognition Market

8 Four Quadrant Competitor Positioning Matrix

9 Impact Of Macro & Micro Indicators On The Market

10 Impact Of Key Drivers On The Global Facial Recognition Market

11 Impact Of Challenges On The Global Facial Recognition Market

12 Porter’s Five Forces Analysis

13 Global Facial Recognition Market: By End-use Scope Key Takeaways

14 Global Facial Recognition Market, By End-use Segment: Revenue Growth Analysis

15 Retail & E-commerce Market, By Region, 2020-2028 (USD Mllion)  

16 Media & Entertainment Market, By Region, 2020-2028 (USD Mllion)

17 BFSI Market, By Region, 2020-2028 (USD Mllion)

18 Automobile & Transportation Market, By Region, 2020-2028 (USD Mllion)

19 Telecom & It Market, By Region, 2020-2028 (USD Mllion)

20 Government Market, By Region, 2020-2028 (USD Mllion)

21 Healthcare Market, By Region, 2020-2028 (USD Mllion)

22 Others Market, By Region, 2020-2028 (USD Mllion)

23 Global Facial Recognition Market: By Application Scope Key Takeaways

24 Global Facial Recognition Market, By Application Segment: Revenue Growth Analysis

25 Emotion Recognition Market, By Region, 2020-2028 (USD Mllion)   

26 Attendance Tracking and Monitoring Market, By Region, 2020-2028 (USD Mllion)

27 Access Control Market, By Region, 2020-2028 (USD Mllion) 

28 Security & Surveillance Market, By Region, 2020-2028 (USD Mllion)          

29 Others Market, By Region, 2020-2028 (USD Mllion)    

30 Global Facial Recognition Market: By Technology Scope Key Takeaways

31 Global Facial Recognition Market, By Technology Segment: Revenue Growth Analysis

32 2D Market, By Region, 2020-2028 (USD Mllion)          

33 3D Market, By Region, 2020-2028 (USD Mllion)

34 Facial Analytics Market, By Region, 2020-2028 (USD Mllion)

35 Regional Segment: Revenue Growth Analysis

36 Global Facial Recognition Market: Regional Analysis

37 North America Facial Recognition Market Overview

38 North America Facial Recognition Market, By End-use

39 North America Facial Recognition Market, By Application

40 North America Facial Recognition Market, By Technology

41 North America Facial Recognition Market, By Country

42 U.S. Facial Recognition Market, By End-use

43 U.S. Facial Recognition Market, By Application

44 U.S. Facial Recognition Market, By Technology

45 Canada Facial Recognition Market, By End-use

46 Canada Facial Recognition Market, By Application

47 Canada Facial Recognition Market, By Technology

48 Mexico Facial Recognition Market, By End-use

49 Mexico Facial Recognition Market, By Application

50 Mexico Facial Recognition Market, By Technology

51 Four Quadrant Positioning Matrix

52 Company Market Share Analysis

53 Aware, Inc.: Company Snapshot

54 Aware, Inc.: SWOT Analysis

55 Aware, Inc.: Geographic Presence

56 Cognitec Systems GmbH: Company Snapshot

57 Cognitec Systems GmbH: SWOT Analysis

58 Cognitec Systems GmbH: Geographic Presence

59 Ayonix Corporation: Company Snapshot

60 Ayonix Corporation: SWOT Analysis

61 Ayonix Corporation: Geographic Presence

62 Thales: Company Snapshot

63 Thales: Swot Analysis

64 Thales: Geographic Presence

65 Fujitsu: Company Snapshot

66 Fujitsu: SWOT Analysis

67 Fujitsu: Geographic Presence

68 FacePhi: Company Snapshot

69 FacePhi: SWOT Analysis

70 FacePhi: Geographic Presence

71 NEC Corporation : Company Snapshot

72 NEC Corporation : SWOT Analysis

73 NEC Corporation : Geographic Presence

74 Onfido: Company Snapshot

75 Onfido: SWOT Analysis

76 Onfido: Geographic Presence

77 TECH5, Inc.: Company Snapshot

78 TECH5, Inc.: SWOT Analysis

79 TECH5, Inc.: Geographic Presence

80 Panasonic Corporation: Company Snapshot

81 Panasonic Corporation: SWOT Analysis

82 Panasonic Corporation: Geographic Presence

83 Other Companies: Company Snapshot

84 Other Companies: SWOT Analysis

85 Other Companies: Geographic Presence

The Global Facial Recognition Market has been studied from the year 2019 till 2028. However, the CAGR provided in the report is from the year 2023 to 2028. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

Facial Recognition Market Size

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply-side analysis for the Facial Recognition Market.

Facial Recognition Market Growth

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Facial Recognition Market Trends

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company and customer analytics.

Facial Recognition Market Share

We value your investment and offer free customization with every report to fulfil your exact research needs.
This website is secure and your personal details are safe. Privacy
You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The global facial recognition market is projected to grow at a CAGR of 15.2% from 2023 to 2028.
Aware, Inc., Cognitec Systems GmbH, Ayonix Corporation, Thales, Fujitsu, FacePhi, NEC Corporation, Onfido, Panasonic Corporation and TECH5 among others, are some of the key players operating in the global facial recognition market.
The global facial recognition market is expected to gain opportunities due to the increasing demand for security and surveillance solutions. Growing demand for enhanced security, technological advancements, and increasing adoption in government, retail, and healthcare sectors contribute to the markets expansion. Privacy concerns and regulatory compliance also drive innovation and market growth.
The increasing demand for security and surveillance solutions, advancements in facial recognition technology, growing applications in sectors like law enforcement and retail, and the rising need for contactless authentication methods are the major drivers for global facial recognition market growth.

Tailor made solutions just for you

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

OUR CLIENTS

  • Client of Global Market Estimates - Fedex
  • Client of Global Market Estimates - Samsung
  • Client of Global Market Estimates - Siemens
  • Client of Global Market Estimates - Lonza
  • Client of Global Market Estimates - DuPont
  • Client of Global Market Estimates - Medtronic
  • Client of Global Market Estimates - Toray
  • Client of Global Market Estimates - Signify
  • Client of Global Market Estimates - Teledyne
  • Client of Global Market Estimates - Trelleborg
  • Client of Global Market Estimates - Kikkoman Biochemifa
  • Client of Global Market Estimates - Leoni
  • Client of Global Market Estimates - Molnlycke
  • Client of Global Market Estimates - Spirent
  • Client of Global Market Estimates - Tokyo Electron Limited
  • Client of Global Market Estimates - Aranca
  • Client of Global Market Estimates - Asahi Kasei
  • Client of Global Market Estimates - Chimai
  • Client of Global Market Estimates - Grapsud
  • Client of Global Market Estimates - Horiba
  • Client of Global Market Estimates - Indorama
  • Client of Global Market Estimates - L&T
  • Client of Global Market Estimates - Integralife
  • Client of Global Market Estimates - Synamedia
  • Client of Global Market Estimates - Sorrento Therapeutics
  • Client of Global Market Estimates - Solenis
  • Client of Global Market Estimates - Sartorius