(MENAFN- The Express Wire) "Face Recognition Device Market" report sheds light on industry statistics, business opportunities, structural analysis, and challenges. This report also provides information about market Size, Top Trends, Growth Dynamics, Segmentation Analysis and Business Outlook with Top Manufactures.
Global“ face recognition device market ” Insight Survey 2023 By Type, Application, Region, Global Market Analysis, Market Size, Share, Growth, Trends, And Forecast 2023 To 2029. The Report published by Industry Research Biz attempts to offer a high-quality and accurate analysis of the market, keeping in view the current market scenario. The report compromises in-depth analysis covering key regional trends, market dynamics, and provides country-level market size of the global Face Recognition Device Market.
The report specifies the historical, present, and projected size of the market from the standpoint of both value and volume. SWOT and Value Chain Analysis have been utilized to evaluate the market. The market is highly fragmented by type and application, with sales market share and growth rate by type, application. get sample report.
Short Description of Face Recognition Device Market Report 2023-2029
A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance installations. The identification process is done by comparing the facial features extracted from an image with those previously stored in a facial database.
As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.
Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
Market Analysis and Insights: Global Face Recognition Device Market
The global Face Recognition Device market was valued at USD 1077.8 million in 2023 and it is expected to reach USD 3372.4 million by the end of 2029, growing at a CAGR of 17.5% during 2023-2029.
Global Face Recognition Device Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the marketâs growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2018 to 2029. This section mentions the volume of production by region from 2018 to 2029. Pricing analysis is included in the report according to each type from the year 2018 to 2029, manufacturer from 2018 to 2023, region from 2018 to 2023, and global price from 2018 to 2029.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expertâs opinions have been taken to understand the market better.
Global Face Recognition Device Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2018 to 2029. by Application segment also provides consumption during the forecast period of 2018 to 2029. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
The readers will find this report very helpful in understanding the marketthorough the infoand therefore theinformation regarding the market are taken from reliable sourceslikewebsites, annual reports ofthe businesses, journals ,et al.and were checked and validated by the industry experts.
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Key Benefits
Major countries in each region are mapped according to individual market revenue. A comprehensive analysis of the factors that drive and restrict the market growth is provided. The report includes an in-depth analysis of current research and clinical developments within the market. Key players and their key developments in recent years are listed.
List of Top Key Players of Face Recognition Device Market in 2023-
The global market is highly competitive and comprises numerous regional and international players The players are adopting various strategies like launching new products through continuous research and development. Strategies like mergers, acquisitions, technological innovations, etc., are likely to be adopted by the major players for strengthening their market presence.
Cloudwalk Dahua Technology Aurora Insigma Group Face++ PCI CMOLO IDEMIA (France) Anviz Adatis GmbHandCo. KG ColosseoEAS Artec Group EnterFace IDTECK Co Ltd. Bioenable
On the basis of Product Type, we research the production, revenue, price, market share and growth rate, primarily split into: -
Access Control System Ticket Gates System Others
"Final Report will add the analysis of the impact of COVID-19 on the Face Recognition Device industry."
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
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For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Face Recognition Device market for each application, including: -
Transportation BFSI Residential Non-financial Enterprises Others
The prime objective of this report is to help the user understand the Face Recognition Device Market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.
Key questions answered in the report:
Who Are the worldwide Key Players during this Face Recognition Device Market? What's Their Company Profile, Their Product Information, Contact Information? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Face Recognition Device Industry? Which Manufacturing Technology is employed for Face Recognition Device? What Developments Are happening therein Technology? Which Trends Are Causing These Developments? Who Are the worldwide Key Players during this Face Recognition Device Market? What's Their Company Profile, Their Product Information, Contact Information? What Was Global Market Status of Face Recognition Device Market? What Was Capacity, Production Value, Cost and PROFIT of Face Recognition Device Market? What Is Current Market Status of Face Recognition Device Industry? What's Market Competition during this Industry, Both Company, and Country Wise? What's marketing research of Face Recognition Device Market by Taking Applications and kinds in Consideration? What Are Projections of worldwide Face Recognition Device Industry Considering Capacity, Production and Production Value? what is going to Be the Estimation of Cost and Profit? what is going to Be Market Share, Supply and Consumption? What About Import and Export? What Is Face Recognition Device Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is Economic Impact On Face Recognition Device Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Face Recognition Device Market? What Are Challenges and Opportunities?
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The study objectives of this report are:
To study and analyse the global Face Recognition Device market size (value and volume) by company, key regions, products and end user, breakdown data from 2017 to 2023, and forecast to 2029. To understand the structure of Face Recognition Device market by identifying its various sub segments. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). Focuses on the key global Face Recognition Device companies, to define, describe and analyse the sales volume, value, market share, market competition landscape and recent development. To project the value and sales volume of Face Recognition Device submarkets, with respect to key regions. To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
The Primary Objectives in This Report Are:
To determine the Face Recognition Device market size of the total market opportunity of global and key countries To assess the growth potential for Face Recognition Device To Face Recognition Device market forecast future growth in each product and end-use market To assess Face Recognition Device market competitive factors affecting the marketplace
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Detailed TOC of Global Face Recognition Device Market Research Report 2023
1 Face Recognition Device Market Overview
1.1 Product Overview and Scope of Face Recognition Device
1.2 Face Recognition Device Segment by Type
1.2.1 Global Face Recognition Device Market Size Growth Rate Analysis by Type 2023 VS 2029
1.3 Face Recognition Device Segment by Application
1.3.1 Global Face Recognition Device Consumption Comparison by Application: 2017 VS 2023 VS 2029
1.4 Global Market Growth Prospects
1.4.1 Global Face Recognition Device Revenue Estimates and Forecasts (2017-2029)
1.4.2 Global Face Recognition Device Production Capacity Estimates and Forecasts (2017-2029)
1.4.3 Global Face Recognition Device Production Estimates and Forecasts (2017-2029)
1.5 Global Face Recognition Device Market by Region
1.5.1 Global Face Recognition Device Market Size Estimates and Forecasts by Region: 2017 VS 2023 VS 2029
1.5.2 North America Estimates and Forecasts (2017-2029)
1.5.3 Europe Estimates and Forecasts (2017-2029)
1.5.5 China Estimates and Forecasts (2017-2029)
1.5.5 Japan Estimates and Forecasts (2017-2029)
2 Market Competition by Manufacturers
2.1 Global Face Recognition Device Production Capacity Market Share by Manufacturers (2017-2023)
2.2 Global Face Recognition Device Revenue Market Share by Manufacturers (2017-2023)
2.3 Face Recognition Device Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Face Recognition Device Average Price by Manufacturers (2017-2023)
2.5 Manufacturers Face Recognition Device Production Sites, Area Served, Product Types
2.6 Market Competitive Situation and Trends
2.6.1 Market Concentration Rate
2.6.2 Global 5 and 10 Largest Face Recognition Device Players Market Share by Revenue
2.6.3 Mergers and Acquisitions, Expansion
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3 Production and Capacity by Region
3.1 Global Production Capacity of Market Share by Region (2017-2023)
3.2 Global Revenue Market Share by Region (2017-2023)
3.3 Global Production, Revenue, Price and Gross Margin (2017-2023)
3.4 North America Face Recognition Device Production
3.4.1 North America Face Recognition Device Production Growth Rate (2017-2023)
3.4.2 North America Face Recognition Device Production Capacity, Revenue, Price and Gross Margin (2017-2023)
3.5 Europe Face Recognition Device Production
3.5.1 Europe Production Growth Rate (2017-2023)
3.5.2 Europe Production Capacity, Revenue, Price and Gross Margin (2017-2023)
3.6 China Production
3.6.1 China Production Growth Rate (2017-2023)
3.6.2 China Production Capacity, Revenue, Price and Gross Margin (2017-2023)
3.7 Japan Production
3.7.1 Japan Production Growth Rate (2017-2023)
3.7.2 Japan Production, Revenue, Price and Gross Margin (2017-2023)
4 Global Face Recognition Device Consumption by Region
4.1 Global Face Recognition Device Consumption by Region
4.1.1 Global Consumption by Region
4.1.2 Global Consumption Market Share by Region
4.2 North America
4.2.1 North America Consumption by Country
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Consumption by Country
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Consumption by Country
4.5.2 Mexico
4.5.3 Brazil
5 Production, Revenue, Price Trend by Type
5.1 Global Face Recognition Device Production Market Share by Type (2017-2023)
5.2 Global Face Recognition Device Revenue Market Share by Type (2017-2023)
5.3 Global Face Recognition Device Price by Type (2017-2023)
6 Consumption Analysis by Application
6.1 Global Face Recognition Device Consumption Market Share by Application (2017-2023)
6.2 Global Face Recognition Device Consumption Growth Rate by Application (2017-2023)
Continued...
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