Facial Recognition Market : Technology Advancements, Industry Insights, Trends And Forecast 2032

Posted by Amruta Pritam on August 28th, 2023

The Facial Recognition Global Market Report 2023, provides comprehensive information on the facial recognition market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

Learn More On The Facial Recognition Market’s Growth:

https://www.thebusinessresearchcompany.com/report/facial-recognition-global-market-report

As per The Business Research Company’s Facial Recognition Global Market Report 2023, the global facial recognition market size grew from .43 billion in 2022 to .28 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The facial recognition market size is expected to grow to .35 billion in 2027 at a CAGR of 16.0%.

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The facial recognition market is segmented:

1) By Technology: 2D, 3D, Facial Analytics

2) By Application: Emotion Recognition, Attendance Tracking And Monitoring, Access Control, Security And Surveillance, Other Applications

3) By End User: Retail And E-commerce, Media And Entertainment, Banking, Financial Services And Insurance (BFSI), Automobile And Transportation, Telecom And Information Technology (IT), Government, Healthcare, Other End-Users

North America was the largest region in the facial recognition market in 2022.

The table of contents in TBRC’s facial recognition market report includes:

1. Executive Summary

2. Facial Recognition Market Characteristics

3. Facial Recognition Market Trends And Strategies

4. Facial Recognition Market – Macro Economic Scenario

5. Facial Recognition Market Size And Growth

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26. Africa Facial Recognition Market

27. Facial Recognition Market Competitive Landscape And Company Profiles

28. Key Mergers And Acquisitions In The Facial Recognition Market

29. Facial Recognition Market Future Outlook and Potential Analysis

30. Appendix

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