Welcome!

News Feed Item

Facial Recognition Market to see 27.7% CAGR to 2018: Analysis of Emotion, Thermal, Mobile, Forensic, 2D, 3D, and Cloud-based Facial Recognition

DALLAS, August 31, 2014 /PRNewswire/ --

The global facial recognition market is estimated to grow from $1.92 billion in 2013 to $6.50 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 27.7% from 2013 to 2018. In the current scenario, government and utilities are expected to be the largest adaptor for face recognition technology. In terms of regions, North America is poised to be the biggest market for face recognition. However, over the next five years, APAC will experience increased market traction, to become the biggest facial recognition market globally. Complete report titled "Facial Recognition Market [Emotion; Thermal; Mobile; Forensic; 2D; 3D; Cloud-based Facial Recognition]: Global Advancements, Emerging Applications, Business Models and Worldwide Market Forecasts and Analysis (2013 - 2018)" is available at http://www.reportsnreports.com/reports/246678-facial-recognition-market-emotion-thermal-mobile-forensic-2d-3d-cloud-based-facial-recognition-global-advancements-emerging-applications-business-models-and-worldwide-market-forecasts-and-analysis-2013-2018-.html .

The major forces driving the market are growth of surveillance market and huge spending by the government across the globe on biometric technologies. At the same time, various opportunities exist in consumer electronics segment, handheld devices segment and innovative cloud services based on face recognition technologies (anonymous face analysis). Over the past few years, Facial Recognition Market has crossed the chasm and has become more accurate, less costly and significantly mainstream. This has helped the technology to gain traction and investment from commercial sector. The development of 3D face recognition technology backed by improved imaging solutions, middleware and fast analytics has helped the technology to overcome its traditional flaws such as poor results in low lights, pose variation and image reconstruction.

Facial recognition market companies discussed in this report include Airborne Biometrics, Animetrics Inc., Afix Technologies Inc., Aware Inc., Cognitec Systems, Cross Match Technologies, Fujitsu, Gemalto N.V., Nec Corp, Rcg Holdings, Safetic, Safran Group, Suprema, Zk Software, 3m Cogent, Avalon Biometrics, Daon Inc., Digitalpersona Inc., Iris Id Systems Inc., Lumidigm Inc., Nextgen Id Inc., Nviso Sa, Neurotechnology, Oki Electric Industry  and Xid Technologies. Order a copy of this report at http://www.reportsnreports.com/Purchase.aspx?name=246678 .

The report is based on the extensive research study of the facial recognition market and the related submarket within the ecosystem. The report is focused to give a bird's eye-view of the complete facial recognition industry with regards to technology and solutions, software, hardware and services. It also provides revenue distribution of the market based on various industry vertical or end-users. The report provides a unique view of the facial recognition market and how the market will evolve by 2018.

Segmentation of global face recognition market is done by types of technologies and solutions, components (hardware, software and services), industry verticals or end-users and regions. The technology and solutions segment comprises of 2D, 3D, thermal, emotion, mobile and forensic technology. The software segmented is further segmented by face recognition algorithms/SDK, middleware, database, modelling and analytic softwares. Under the services segment the report covers consulting and cloud-based services. The technology and components markets, along with each of their sub-segments are further bifurcated by regions. Regions covered include North America (NA), Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and Latin America (LA).

Image Recognition Market [Method (OCR, Object, Pattern Matching, Barcode/ QR, Facial), Application (Security & Surveillance, Quality Control & Inventory Management, Advertising, Scanning & Imaging, m-Commerce)] - Worldwide Market Forecast (2014-2019) is another research report of 187 pages that analyzes global adoption trends, future growth potential, key drivers, restraints, opportunities, and best practices in this market. The report also analyzes market sizes and revenue forecasts across different geographies as well as industry verticals. Image recognition is being applied in almost every field in today's world. It is just in the introduction phase of various industry applications. The technologies in which image recognition is being used include Augmented Reality (AR), visual search, virtual reality, big data, and mobile applications. Companies profiled in this report include Catchoom, Hitachi Ltd., Honeywell, Itraff Technology, LTU Technologies, NEC Corporation, Panasonic Corporation, Qualcomm Technologies, Toshiba and Wikitude Gmbh. Read more at http://www.reportsnreports.com/reports/277738-image-recognition-market-method-ocr-object-pattern-matching-barcode-qr-facial-application-security-surveillance-quality-control-inventory-management-advertising-scanning-imaging-m-commerce-worldwide-market-forecast-2014-2019-.html .

Explore more reports on IT & Telecommunications market at http://www.reportsnreports.com/market-research/information-technology/ .

About Us: 

ReportsnReports.com is an online market research reports library of 400,000+ in-depth studies of over 5000 micro markets. Our database includes reports by leading publishers from across the globe. We provide 24/7 online and offline support service to our customers.

Contact:
Priyank Tiwari
TX, Dallas North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas 75252
Tel: +1-888-391-5441
[email protected]

Connect With Us on:
Facebook: https://www.facebook.com/pages/ReportsnReports/191441427571689
LinkedIn: http://www.linkedin.com/company/reportsnreports
Twitter: https://twitter.com/marketsreports
Pinterest: http://www.pinterest.com/comeonseo/reportsnreports/

SOURCE ReportsnReports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
“RackN is a software company and we take how a hybrid infrastructure scenario, which consists of clouds, virtualization, traditional data center technologies - how to make them all work together seamlessly from an operational perspective,” stated Dan Choquette, Founder of RackN, in this SYS-CON.tv interview at @DevOpsSummit at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.