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The global facial
recognition market size is expected to reach USD 13.87 Billion at a
steady CAGR of 15.7% in 2028, according to the latest analysis by Emergen
Research. This steady market revenue growth can be attributed to the rising
need for physical security, the increasing deployment and use of biometric
devices, and the rising deployment of 5G technology. Rising demand for
electronic devices such as mobile phones, wearable devices, and smart devices
and increase in technology adoption such as cloud-based technology and IoT are
expected to continue to fuel growth of the global facial recognition market
going forward.
The analysis provides accurate growth pattern estimates and
looks at the factors influencing market growth in the global Facial Recognition
market. The report's primary focus is on the key market constituents, including
market drivers, restraints, opportunities, threats, risks, restrictions, and
other factors. The research includes comprehensive studies of the company
profiles, product portfolio, and corporate expansion strategies, in addition to
a complete investigation of the competition landscape.
To receive a sample copy of this report, visit @ https://www.emergenresearch.com/request-sample/640
The study outlines the rapidly evolving and growing market
segments along with valuable insights into each element of the industry. The
industry has witnessed the entry of several new players, and the report aims to
deliver insightful information about their transition and growth in the market.
Mergers, acquisitions, partnerships, agreements, product launches, and joint
ventures are all outlined in the report.
The leading market contenders listed in the report are:
NEC Corporation, Cognitec Systems, Aware Inc., FaceFirst
Inc., Safran SA, Panasonic Corporation, Gemalto NV, Key Lemon Ltd., Ayonix
Corporation, Face++
Target Audience of the Global Facial Recognition Market
Report:
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Market report @ https://www.emergenresearch.com/request-discount/640
Major Geographies Analyzed in the Report:
Market Segmentations of the Facial Recognition Market
This market is segmented based on Types, Applications, and
Regions. The growth of each segment provides accurate forecasts related to
production and sales by Types and Applications, in terms of volume and value
for the period between 2021 and 2028. This analysis can help readers looking to
expand their business by targeting emerging and niche markets. Market share
data is given on both global and regional levels. Regions covered in the report
are North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Research analysts assess the market positions of the leading competitors and
provide competitive analysis for each company. For this study, this report
segments the global Facial Recognition market on the basis of product,
application, and region:
Segments Covered in this report are:
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Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/facial-recognition-market
Key Highlights From the Report
Additional information offered by the report:
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