Facial Recognition Market - Forecast 2021 - 2026

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Facial Recognition Market - Forecast(2022 -
2026)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 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
• The market segment by technology type is
  classified into 2D, 3D and facial analytics. 3D
  segment is the leading segment with the highest
  revenue. 3D technology facial recognition systems
  encourage the deployment of these systems for
  public safety solutions, such as border
  protection and surveillance. 3D recognition
  systems are preferred over 2D systems in
  high-security spaces such as airports. 3D face
  recognition systems could accurately recognize
  human faces even under dim lights and with
  variant facial positions and expressions, in such
  conditions 2D face recognition systems would have
  immense difficulty to operate.

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• Facial Recognition Market   
• Industry Outlook 
• Aware Inc.
• Face Phi.
• NEC Corporation
• IDIMIA
• TECH5 SA
• Onfido
• Ayonix Corporation
• Gelmalto NV
• Fujotsu

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Facial Recognition Market - Forecast(2022 -
2026) Learn More About the Report _at_
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nition-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
  /pdfdownload.php?id500827

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Reddy Contact (1) 970-236-3677 Email
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