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.
This report contains market size and forecasts of Facial Recognition Devices in global, including the following market information:
Global Facial Recognition Devices Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Facial Recognition Devices Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Facial Recognition Devices companies in 2021 (%)
The global Facial Recognition Devices market was valued at 4494.1 million in 2021 and is projected to reach US$ 10950 million by 2028, at a CAGR of 13.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Handheld Devices Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Facial Recognition Devices include Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz and Adatis GmbH&Co. KG, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Facial Recognition Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Facial Recognition Devices Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Facial Recognition Devices Market Segment Percentages, by Type, 2021 (%)
Handheld Devices
Fixed Devices
Global Facial Recognition Devices Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Facial Recognition Devices Market Segment Percentages, by Application, 2021 (%)
Security and Protection
Transportation
BFSI
Others
Global Facial Recognition Devices Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Facial Recognition Devices Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Facial Recognition Devices revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Facial Recognition Devices revenues share in global market, 2021 (%)
Key companies Facial Recognition Devices sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Facial Recognition Devices sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cloudwalk
Aurora
Insigma Group
Herta
IDTECK Co Ltd.
Artec Group
CMOLO
Anviz
Adatis GmbH&Co. KG
IDEMIA (France)
EnterFace
SenseTime
ColosseoEAS
Cognitec Systems
Bioenable