Dublin, Aug. 03, 2020 (GLOBE NEWSWIRE) -- The "Global Facial Recognition Market 2020-2024" report has been added to ResearchAndMarkets.com''s offering.

The facial recognition market is poised to grow by $ 3.35 bn during 2020-2024 progressing at a CAGR of 12% during the forecast period. Our reports on facial recognition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing instances of identity threats and the rising popularity of facial recognition.

The facial recognition market analysis includes technology segment and geographic landscape. This study identifies the growing adoption of 3D facial recognition technology as one of the prime reasons driving the facial recognition market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The report covers the following areas:

  • Facial recognition market sizing
  • Facial recognition market forecast
  • Facial recognition market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading facial recognition market vendors that include ASSA ABLOY AB, Aware Inc., Cognitec Systems GmbH, Egis Technology Inc., IDEMIA France SAS, NEC Corp., Precise Biometrics AB, Safran SA, Synaptics Inc., and Thales Group. Also, the facial recognition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.

Key Topics Covered:

1. Executive Summary

  • Market Overview

2. Market Landscape

  • Market ecosystem
  • Value chain analysis

3. Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

  • Five Forces Summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

5. Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Identification - Market size and forecast 2019-2024
  • Verification - Market size and forecast 2019-2024
  • Market opportunity by Application

6. Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • 3D facial recognition - Market size and forecast 2019-2024
  • 2D facial recognition - Market size and forecast 2019-2024
  • Market opportunity by Technology

7. Market Segmentation by End-user

  • Market segments
  • Comparison by End user
  • Government sector - Market size and forecast 2019-2024
  • BFSI sector - Market size and forecast 2019-2024
  • Transportation sector - Market size and forecast 2019-2024
  • Other sectors - Market size and forecast 2019-2024
  • Market opportunity by End user

8. Customer landscape

  • Customer landscape

9. Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

10. Vendor Landscape

  • Competitive scenario
  • Vendor Landscape
  • Landscape disruption
  • Industry risks

11. Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ASSA ABLOY AB
  • Aware Inc.
  • Cognitec Systems GmbH
  • Egis Technology Inc.
  • IDEMIA France SAS
  • NEC Corp.
  • Precise Biometrics AB
  • Safran SA
  • Synaptics Inc.
  • Thales Group

12. Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/3l2xxk

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