Facial Recognition Market Research Report - Global Forecast to 2022

Facial Recognition Market Research Report - Global Forecast to 2022

ID: MRFR/ICT/0742-CRR | March, 2017 | Region: Global | 94 pages | Cooked Research Reports

Global Facial Recognition Market Information, by Technology (2D Recognition, 3D Recognition, Thermal Recognition), by Hardware & Software (Face recognition Software, Analytics), by Vertical (Large organizations, Government, Airports, Home Security) - Forecast 2016-2022


Market Synopsis of Global Facial Recognition Market:

Facial Recognition is a biometric application which captures image and uses it to identify individuals by applying facial analytics and comparing it with the existing database. Facial recognition systems are commonly used for security purposes, especially in the surveillance field but recently the use of facial recognition in other applications has progressed. The facial recognition market is driven by the increasing criminal activities, globally. Apart from it, the increasing security measures at ATMs and the growing installation of facial recognition systems at airports, and shopping malls drive the facial recognition market.


Facial recognition market is segmented on the basis of technology as 3D Facial Recognition, 2D Facial Recognition, Thermal imaging and Skin Texture. To capture information about the shape of a face, the 3D facial recognition technology uses 3D sensors. The skin texture analysis uses visual details of the skin, as captured in standard digital or scanned images and analyzes unique lines, patterns, and spots apparent in a person’s skin into a mathematical space. The ability of identifying a suspect from a large viewing angle with a high accuracy, is achieved by 3D facial recognition technology.


The global facial recognition market provides two types of services as consulting services and cloud based services. Rising adoption of cloud technologies has resulted in the fastest growth of cloud based facial recognition services. The facial recognition market is classified on the basis of components as hardware and software components. The hardware component holds a larger share in the facial recognition market whereas the software component of facial recognition is expected to grow at a faster rate. The facial recognition technology is still in a developing phase therefore it has technological limitations. Lack of awareness has resulted as a major restrain for the facial recognition market.


The global facial recognition market had been valued at USD 3.04 billion in the year 2016, which is expected to reach USD 8.93 billion by the end of the forecast period growing at ~19.68% CAGR.

Key Players:

The key players of facial recognition market are Safran SA (France), NEC Corporation (Japan), Cognitec Systems (Germany), Aware Inc. (U.S), Daon Inc. (U.S.), Gemalto (Netherlands) FaceFirst Inc. (U.S.), Ayonix Corporation (Japan), Key Lemon Ltd. (Switzerland), Face++ (China) and others.

Global Facial Recognition Market Analysis & Forecast, from 2016 to 2022:



  • To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global Facial Recognition market with analysis of its development and demand in the market

  • Upcoming technologies, high growth geographies and countries were identified

  • Regional and country specific demand and forecast for facial recognition were studied

  • Key segments covered in the report are: technology, services, components and end-user.

  • Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor

  • For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size

  • Historical trend is identified to forecast and estimate the future value data


Target Audience:



  • Technology investors

  • End-user industries

  • Research & consultant organization

  • Market players

  • Government



Key Findings:



  • The global facial recognition market is expected to reach USD 8.93 Billion by 2022.

  • By Technology, 3D Facial Recognition accounts for the largest market share and is growing with approximately ~23.4% CAGR during forecast period.

  • By End-user, Government industry holds the largest market growing with approximately 22.9% CAGR by the end of forecast period.

  • Geographically, North America has been projected to have the largest market share in global Facial Recognition market, while Asia-Pacific has been projected to emerge as the fastest growing region.



Regional and Country Analysis of Facial Recognition Market Estimation and Forecast:
The global Facial Recognition market is expected to grow at a promising rate during the forecast period, 2016-2022. North America is projected to be the largest market for facial recognition. The growing demand of high end security is estimated to drive the facial recognition market in North America. It is followed by Europe, which would continue to hold a large share in the market. Asia-Pacific is expected to be the fastest growing market due to the increase of investments in the field of surveillance.

The reports also cover country level analysis:


North America



  • US

  • Canada

  • Mexico

  • Others


Europe



  • Germany

  • UK

  • France

  • Rest of the Europe 


Asia – Pacific



  • China

  • India

  • Japan

  • Rest of Asia-Pacific


Rest of the World

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TABLE OF CONTENTS

2.1 Market Drivers ................................................................................................................................ 11

2.1.1 Increasing criminal activities at government and non-government sector demanding for facial recognition technology solutions ................................................... 11

2.2 Market Inhibitors ............................................................................................................................ 14

2.2.1 Technical limitation of the facial recognition system features dragging lack of accuracy in the results.............................................................................................................. 14

2.2.2 Lack of awareness dragging security & privacy issues...................................................... 14

2.3 Supply Chain Analysis .................................................................................................................. 15

2.4 Porter’s Five Forces Analysis ........................................................................................................ 16

3.1 Introduction .................................................................................................................................... 17

3.2 Market by Sub-segment .............................................................................................................. 18

4.1 Introduction .................................................................................................................................... 20

4.2 Market by Sub-segment .............................................................................................................. 21

5.1 Introduction .................................................................................................................................... 22

5.2 Market by Sub-segment .............................................................................................................. 23

6.1 Introduction .................................................................................................................................... 25

6.2 Market by Sub-segment .............................................................................................................. 26

7.1 Introduction .................................................................................................................................... 28

7.2 Market by Sub-segment .............................................................................................................. 31

7.2.1 North America ............................................................................................................................ 31

7.2.2 Europe .......................................................................................................................................... 37

7.2.3 Asia-Pacific ................................................................................................................................. 43

7.2.4 Middle East & Africa .................................................................................................................. 49

8.1 Cognitec Systems GmbH (Germany) ...................................................................................... 54

8.1.1 Overview ..................................................................................................................................... 54

8.1.2 Product/Services Offering ........................................................................................................ 54

8.1.3 Business Strategy ....................................................................................................................... 54

8.1.4 SWOT Analysis ............................................................................................................................. 55

8.2 Aware Inc. ...................................................................................................................................... 56

8.2.1 Company Overview ................................................................................................................. 56

8.2.2 Product/Services Offering ........................................................................................................ 57

8.2.3 Business Strategy ........................................................................................................................ 57

8.2.4 SWOT Analysis ............................................................................................................................. 58

8.3 FaceFirst Inc. ................................................................................................................................... 59

8.3.1 Company Overview ................................................................................................................. 59

8.3.2 Product/Services Offering ........................................................................................................ 59

8.3.3 Strategy ........................................................................................................................................ 59

8.3.4 SWOT Analysis ............................................................................................................................. 60

8.4 NEC Corporation .......................................................................................................................... 61

8.4.1 Company Overview ................................................................................................................. 61

8.4.2 Product/Services Offering ........................................................................................................ 61

8.4.3 Business Strategy ........................................................................................................................ 62

8.4.4 SWOT Analysis ............................................................................................................................. 62

8.5 DELL Technologies ........................................................................................................................ 63

8.5.1 Company Overview ................................................................................................................. 63

8.5.2 Product/Services Offering ........................................................................................................ 63

8.6 Gemalto .......................................................................................................................................... 64

8.6.1 Company Overview ................................................................................................................. 64

8.6.2 Product/Services Offering ........................................................................................................ 64

8.6.3 Strategy ........................................................................................................................................ 65

8.6.4 SWOT Analysis ............................................................................................................................. 65

8.7 Daon Inc. ........................................................................................................................................ 66

8.7.1 Company Overview ................................................................................................................. 66

8.7.2 Product/Services Offering ........................................................................................................ 66

8.7.3 Strategy ........................................................................................................................................ 66

8.7.4 SWOT Analysis ............................................................................................................................. 67

8.8 Ayonix Corporation ...................................................................................................................... 68

8.8.1 Company Overview ................................................................................................................. 68

8.8.2 Product/Services Offering ........................................................................................................ 68

8.8.3 Strategy ........................................................................................................................................ 69

8.9 Kairos AR ......................................................................................................................................... 70

8.9.1 Company Overview ................................................................................................................. 70

8.9.2 Product/Services Offering ........................................................................................................ 70

8.10 Key Lemon Ltd. .............................................................................................................................. 71

8.10.1 Company Overview ................................................................................................................. 71

8.10.2 Product/Services Offering ........................................................................................................ 71

8.10.3 Strategy ........................................................................................................................................ 71

8.11 Safran S.A. ....................................................................................................................................... 72

8.11.1 Company Overview ................................................................................................................. 72

8.11.2 Product/Services Offering ........................................................................................................ 72

8.11.3 Strategy ........................................................................................................................................ 73

8.12 Face++ ............................................................................................................................................ 74

8.12.1 Company Overview ................................................................................................................. 74

8.12.2 Product/Services Offering ........................................................................................................ 74

8.13 Fare clock ....................................................................................................................................... 75

8.13.1 Company Overview ................................................................................................................. 75

8.13.2 Product/Services Offering ........................................................................................................ 75

8.14 Nuance Communication Inc. .................................................................................................... 76

8.14.1 Company Overview ................................................................................................................. 76

8.14.2 Product/Services Offering ........................................................................................................ 76

8.14.3 Strategy ........................................................................................................................................ 77

8.15 IBM corporation ............................................................................................................................. 78

8.15.1 Company Overview ................................................................................................................. 78

8.15.2 Product/Services Offering ........................................................................................................ 79

8.15.3 Strategy ........................................................................................................................................ 79

8.16 Google ............................................................................................................................................ 80

8.16.1 Company Overview ................................................................................................................. 80

8.16.2 Product/Services Offering ........................................................................................................ 80

8.16.3 Strategy ........................................................................................................................................ 80

8.17 Intel Security Group ...................................................................................................................... 81

8.17.1 Company Overview ................................................................................................................. 81

8.17.2 Product/Services Offering ........................................................................................................ 81

8.17.3 Strategy ........................................................................................................................................ 81

8.18 3M Company................................................................................................................................. 82

8.18.1 Overview ..................................................................................................................................... 82

8.18.2 Product/Services Offering ........................................................................................................ 83

8.18.3 Business Strategy ........................................................................................................................ 83

8.19 Advanced Micro Devices, Inc. (U.S.) ....................................................................................... 84

8.19.1 Overview ..................................................................................................................................... 84

8.19.2 Product Offered ......................................................................................................................... 84

8.19.3 Business Strategy ........................................................................................................................ 84

8.19.4 SWOT Analysis ............................................................................................................................. 85

8.20 Animetrics, Inc. (U.S.) .................................................................................................................... 86

8.20.1 Overview ..................................................................................................................................... 86

8.20.2 Product Offered ......................................................................................................................... 86

8.21 Apple, Inc. (U.S.) ............................................................................................................................ 87

8.21.1 Overview ................................................................................................................................ 87

8.22 ASUS Tek Computer Inc. (Taiwan) ............................................................................................. 88

8.22.1 Overview ..................................................................................................................................... 88

8.23 Allied Time USA Inc. (U.S.) ............................................................................................................ 89

8.23.1 Overview ..................................................................................................................................... 89

8.23.2 Product/Services Offering ........................................................................................................ 89

8.24 Lenovo Group Limited ................................................................................................................. 90

8.24.1 Overview ..................................................................................................................................... 90

8.24.2 Product/Services Offering ........................................................................................................ 90

8.24.3 Business Strategy ........................................................................................................................ 90

9.1 Scope of the Study ....................................................................................................................... 91

9.1.1 Research Objective .................................................................................................................. 91

9.1.2 Assumption .................................................................................................................................. 91

9.1.3 Limitation ..................................................................................................................................... 92

9.2 Market Structure ............................................................................................................................ 92

10.1 Research Process .......................................................................................................................... 93

10.2 Primary Research .......................................................................................................................... 94

10.3 Secondary Research ................................................................................................................... 94

10.4 Market Size Estimation .................................................................................................................. 94

10.5 Forecast Model ............................................................................................................................. 95

TABLE 1 GLOBAL FACIAL RECOGNITION MARKET, BY TECHNOLOGY (USD BILLION) 18

TABLE 2 GLOBAL FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 21

TABLE 3 GLOBAL FACIAL RECOGNITION MARKET, BY COMPONENTS, 2016-2022 (USD BILLION) 24

TABLE 4 GLOBAL FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 27

TABLE 5 GLOBAL FACIAL RECOGNITION MARKET, BY REGION, 2016-2022 (USD BILLION) 30

TABLE 6 NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRIES, 2016-2022 (USD BILLION) 32

TABLE 7 NORTH AMERICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 32

TABLE 8 NORTH AMERICA FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 33

TABLE 9 NORTH AMERICA FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 34

TABLE 10 NORTH AMERICA FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 35

TABLE 11 EUROPE FACIAL RECOGNITION MARKET, BY COUNTRY, 2016-2022 (USD BILLION) 37

TABLE 12 EUROPE FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 38

TABLE 13 EUROPE FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 39

TABLE 14 EUROPE FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 40

TABLE 15 EUROPE FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 41

TABLE 16 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY COUNTRY, 2016-2022 (USD BILLION) 43

TABLE 17 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 44

TABLE 18 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 45

TABLE 19 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 46

TABLE 20 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 47

TABLE 21 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 49

TABLE 22 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 50

TABLE 23 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 51

TABLE 24 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 52

FIGURE 1 GLOBAL FACIAL RECOGNITION MARKET: DRIVERS & RESTRAINT 11

FIGURE 2 GLOBAL FACIAL RECOGNITION MARKET: SUPPLY CHAIN PROCESS 15

FIGURE 3 GLOBAL FACIAL RECOGNITION MARKET: PORTER’S FIVE FORCES ANALYSIS 16

FIGURE 4 GLOBAL FACIAL RECOGNITION MARKET, 2016-2022 (USD BILLION) 20

FIGURE 5 GLOBAL FACIAL RECOGNITION MARKET, 2016-2022 (USD BILLION) 22

FIGURE 6 GLOBAL FACIAL RECOGNITION MARKET, 2016-2022 (USD BILLION) 25

FIGURE 7 GLOBAL FACIAL RECOGNITION MARKET, BY REGION, 2016-2022 (USD BILLION) 28

FIGURE 8 NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRY, 2016 (%) 32

FIGURE 9 NORTH AMERICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 33

FIGURE 10 NORTH AMERICA FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 34

FIGURE 11 NORTH AMERICA FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 35

FIGURE 12 NORTH AMERICA FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 36

FIGURE 13 EUROPE FACIAL RECOGNITION MARKET, BY COUNTRY, 2016-2022 (USD BILLION) 38

FIGURE 14 EUROPE FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 39

FIGURE 15 EUROPE FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 40

FIGURE 16 EUROPE FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 41

FIGURE 17 EUROPE FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 42

FIGURE 18 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY COUNTRY, 2016-2022 (USD BILLION) 44

FIGURE 19 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 45

FIGURE 20 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 46

FIGURE 21 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 47

FIGURE 22 ASIA-PACIFIC FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 48

FIGURE 23 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2016-2022 (USD BILLION) 50

FIGURE 24 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY SERVICE, 2016-2022 (USD BILLION) 51

FIGURE 25 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY COMPONENT, 2016-2022 (USD BILLION) 52

FIGURE 26 MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY END-USER, 2016-2022 (USD BILLION) 53

FIGURE 27 GLOBAL FACIAL RECOGNITION MARKET STRUCTURE 92

FIGURE 28 MRFR RESEARH PROCESS 93