Facial Recognition Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

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Facial Recognition Market - Industry Analysis,
Market Size, Share, Trends,Application Analysis,
Growth and Forecast 2021 - 2026
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• The market for Facial Recognition Market is
  forecast to reach 47.28 billion by 2026,
  growing at a CAGR of 7.9 from 2021 to 2026. The
  Facial Recognition Market is estimated to witness
  substantial growth over the forecast period
  primarily due to high adoption of facial
  recognition technology in various applications
  and increasing investment in facial recognition
  technologies by government and defense sector.
• Facial recognition technology is a type of
  thermal recognition biometric technology that is
  used for  Identity verification services using
  their face. This technology leverages a connected
  or digital camera to detect faces in the captured
  images and then quantify the features of the
  image to match against the templates stored in
  the database.

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• Key Takeaways
• Facial Recognition Market is estimated to witness
  substantial growth over the forecast period
  primarily due to increasing investments by
  governments and public bodies and rising usage in
  different applications.
• Technological advancements in payments and
  transactions have enhanced security protection
  thereby increasing demand for the market.
• Facial recognition payment is being implemented
  in different applications such as E-commerce,
  ATMs which increasing its demand.

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By Distribution Channel- Segment Analysis Global
Application Processor by Geography has been
segmented into North America, Europe, APAC,
South-America and RoW. APAC is projected to hold
the largest share of 45 in the forecast period
due to the growing number of investments in
security and surveillance, due to high criminal
activities, leads to increased public awareness.
Owing to these factors, the market in witnessing
growth opportunities in the region. This varied
application of facial recognition technology
across various countries is driving the facial
recognition market in APAC.
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• Facial Recognition Market Landscape
•  
• such Aware Inc.
• Face Phi.
• NEC Corporation
• IDIMIA
• TECH5 SA
• Onfido
• Ayonix Corporation
• Gelmalto NV
• Cognitec Systems GmbH
• Fujotsu

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Facial Recognition Market - Industry Analysis,
Market Size, Share, Trends,Application Analysis,
Growth and Forecast 2021 - 2026 Learn More About
the Report _at_ https//www.industryarc.com/Resear
ch/Facial-Recognition-Market-Research-500827
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /Research/Facial-Recognition-Market-Research-50082
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Reddy Contact (1) 970-236-3677 Email
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