Global Facial
Recognition Market 2014-2018 is the latest addition
to Sandlerresearch.org industry research reports collection.
Facial
recognition is a biometric software technology that is used for the
identification/authentication of individuals. It uses a software application
that is specifically designed and developed to automatically identify or
authenticate a particular person. The identification/authentication process is
carried out by comparing the facial features extracted from an image with those
that are previously stored in a database. Facial recognition is used for access
control in high-security areas, private and public buildings, and in
intelligent buildings where a person’s identity and permission rights are
compulsory. The Government, Financial, and Aviation sectors use facial
recognition systems to a large extent to recognize individuals. Equipped with a
database-mining feature, the software application identifies individuals from
samples available in a database and provides access privileges only to the
right person. Analysts forecast the Global Facial Recognition
market
will grow at a CAGR of 26.6 percent during the period 2013-2018.
Covered in this Report
This report
covers the present scenario and the growth prospects of the Global Facial
Recognition market for the period 2013-2018. To calculate the market size, the
report considers revenue generated from the sales of facial recognition
solutions. The market is highly fragmented with the presence of a large number
of small and large vendors. Therefore, the report does not provide the market
share of the vendors; it only lists the key vendors present in the market. In
addition, the report discusses the major drivers that influence the growth of
the Global Facial Recognition market. It also outlines the challenges faced by
vendors and the market at large, as well as the key trends that are emerging in
the market.
Key Regions
North Americas
Europe
APAC
MEA
Latin America
Key Vendors
3M Cogent Inc.
Cognitec Systems
GmbH
NEC Corp.
Safran SA
