Global Face Recognition Device Sales Market Report 2021
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.
As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.
Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
Market Analysis and Insights: Global Face Recognition Device Market
The global Face Recognition Device market was valued at US$ 1505.7 in 2020 and will reach US$ 3962.6 million by the end of 2027, growing at a CAGR of 17.5% during 2022-2027.
Global Face Recognition Device Scope and Market Size
The global Face Recognition Device market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Face Recognition Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Access Control System
Ticket Gates System
Others
Segment by Application
Transportation
BFSI
Residential
Non-financial Enterprises
Others
The Face Recognition Device market is analysed and market size information is provided by regions (countries). Segment by Application, the Face Recognition Device market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Cloudwalk
Dahua Technology
Aurora
Insigma Group
Face++
PCI
CMOLO
IDEMIA (France)
Anviz
Adatis GmbH&Co. KG
ColosseoEAS
Artec Group
EnterFace
IDTECK Co Ltd.
Bioenable
As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.
Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
Market Analysis and Insights: Global Face Recognition Device Market
The global Face Recognition Device market was valued at US$ 1505.7 in 2020 and will reach US$ 3962.6 million by the end of 2027, growing at a CAGR of 17.5% during 2022-2027.
Global Face Recognition Device Scope and Market Size
The global Face Recognition Device market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Face Recognition Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Access Control System
Ticket Gates System
Others
Segment by Application
Transportation
BFSI
Residential
Non-financial Enterprises
Others
The Face Recognition Device market is analysed and market size information is provided by regions (countries). Segment by Application, the Face Recognition Device market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Cloudwalk
Dahua Technology
Aurora
Insigma Group
Face++
PCI
CMOLO
IDEMIA (France)
Anviz
Adatis GmbH&Co. KG
ColosseoEAS
Artec Group
EnterFace
IDTECK Co Ltd.
Bioenable
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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