Global Face Recognition AI Camera Market, By Components (Software Tools, Services), Verticals (BFSI, Government and Defense, Retail and E-Commerce, Healthcare, Education, Automotive, Others), Application (Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Law Enforcement, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Face Recognition AI Camera Market
Face recognition AI camera market is expected to witness market growth at a rate of 23.10% in the forecast period of 2020 to 2027. Data Bridge Market Research report on face recognition AI camera market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The increasing surveillance industry, growing technological advancements across industry verticals, rising demand from government and defense sector, growing need for a more secure biometric system are some of the factors expected to drive the growth of the face recognition AI camera market in the forecast period of 2020-2027. On the other hand, the growing adoption of the cloud-based facial recognition technology will create several opportunities that will lead to the growth of the face recognition AI camera market in the above mentioned forecasted period.
However, the difficulty in countering legal threats and e-discovery may hinder the growth of the face recognition AI camera market in the above mentioned forecasted period. But, lack of knowledge and awareness will act as challenge to the face recognition AI camera market growth.
This face recognition AI camera market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on face recognition AI camera market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Face Recognition AI Camera Market Scope and Market Size
Face recognition AI camera market is segmented on the basis of components, verticals and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of components, the face recognition AI camera market has been segmented into software tools and services. Software tools has been further segmented into 2D facial recognition, 3D facial recognition, and facial analytics. Services have been further segmented into training and consulting and cloud-based facial recognition.
- On the basis of verticals, the face recognition AI camera market has been segmented into BFSI, government and defense, retail and e-commerce, healthcare, education, automotive, and others. Others have been further segmented into manufacturing, telecom, and energy and utilities.
- On the basis of application, the face recognition AI camera market has been segmented into emotion recognition, attendance tracking and monitoring, access control, law enforcement, and others.
Face Recognition AI Camera Market Country Level Analysis
Face recognition AI camera market is analysed and market size, volume information is provided by country, components, verticals and application as referenced above.
The countries covered in the face recognition AI camera market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is estimated to grow in the forecast period of 2020-2027 due to the growing adoption of the technology across several applications.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Face Recognition AI Camera Market Share Analysis
Face recognition AI camera market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to face recognition AI camera market.
The major players covered in the face recognition AI camera market report are NEC Corporation, Gemalto, Ayonix Corporation, IDEMIA, Cognitec Systems GmbH, nViso Sarl, Daon, StereoVision Imaging, Inc., Techno Brain India Private Limited, Neurotechnology, Innovatrics, id3 Technologies, Herta Security, Animetrics, Megvii, FaceFirst, Inc., Sightcorp, FacePhi, and SmilePass among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Face Recognition AI Camera Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.