The global facial recognition devices market is expected to grow at a CAGR of 16.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for security and protection applications in various industries such as transportation, BFSI, and others. The use of facial recognition devices in these industries has increased due to their ability to provide accurate identification and verification services with minimal human intervention.
Handheld devices are expected to account for the largest share of the global facial recognition devices market during the forecast period owing to their ease-of-use and portability features. Fixed devices are also expected to witness significant growth during the forecast period owing to their ability in providing accurate identification services without any human intervention.
Some Of The Growth Factors Of This Market:
- Facial recognition devices are being used in a variety of industries, including law enforcement, retail, and banking.
- The use of facial recognition devices is expected to grow as the technology becomes more advanced and less expensive.
Industry Growth Insights published a new data on “Facial Recognition Devices Market”. The research report is titled “Facial Recognition Devices Market research by Types (Handheld Devices, Fixed Devices), By Applications (Security and Protection, Transportation, BFSI, Others), By Players/Companies Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH&Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems, Bioenable”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Facial Recognition Devices Market Research Report
By Type
Handheld Devices, Fixed Devices
By Application
Security and Protection, Transportation, BFSI, Others
By Companies
Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH&Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems, Bioenable
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Facial Recognition Devices Market Report Segments:
The global Facial Recognition Devices market is segmented on the basis of:
Types
Handheld Devices, Fixed Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Security and Protection, Transportation, BFSI, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cloudwalk
- Aurora
- Insigma Group
- Herta
- IDTECK Co Ltd.
- Artec Group
- CMOLO
- Anviz
- Adatis GmbH&Co. KG
- IDEMIA (France)
- EnterFace
- SenseTime
- ColosseoEAS
- Cognitec Systems
- Bioenable
Highlights of The Facial Recognition Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld Devices
- Fixed Devices
- By Application:
- Security and Protection
- Transportation
- BFSI
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Facial Recognition Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Facial recognition devices are a type of biometric technology that can be used to identify people by their faces. They can be used in a variety of applications, including security systems, identification cards, and digital photos.
Some of the major players in the facial recognition devices market are Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH&Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems, Bioenable.
The facial recognition devices market is expected to grow at a compound annual growth rate of 16.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Facial Recognition Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Facial Recognition Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Facial Recognition Devices Market - Supply Chain
4.5. Global Facial Recognition Devices Market Forecast
4.5.1. Facial Recognition Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Facial Recognition Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Facial Recognition Devices Market Absolute $ Opportunity
5. Global Facial Recognition Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Facial Recognition Devices Market Size and Volume Forecast by Type
5.3.1. Handheld Devices
5.3.2. Fixed Devices
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Facial Recognition Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Facial Recognition Devices Market Size and Volume Forecast by Application
6.3.1. Security and Protection
6.3.2. Transportation
6.3.3. BFSI
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Facial Recognition Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Facial Recognition Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Facial Recognition Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Facial Recognition Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Facial Recognition Devices Demand Share Forecast, 2019-2026
9. North America Facial Recognition Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Facial Recognition Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Facial Recognition Devices Market Size and Volume Forecast by Application
9.4.1. Security and Protection
9.4.2. Transportation
9.4.3. BFSI
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Facial Recognition Devices Market Size and Volume Forecast by Type
9.7.1. Handheld Devices
9.7.2. Fixed Devices
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Facial Recognition Devices Demand Share Forecast, 2019-2026
10. Latin America Facial Recognition Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Facial Recognition Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Facial Recognition Devices Market Size and Volume Forecast by Application
10.4.1. Security and Protection
10.4.2. Transportation
10.4.3. BFSI
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Facial Recognition Devices Market Size and Volume Forecast by Type
10.7.1. Handheld Devices
10.7.2. Fixed Devices
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Facial Recognition Devices Demand Share Forecast, 2019-2026
11. Europe Facial Recognition Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Facial Recognition Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Facial Recognition Devices Market Size and Volume Forecast by Application
11.4.1. Security and Protection
11.4.2. Transportation
11.4.3. BFSI
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Facial Recognition Devices Market Size and Volume Forecast by Type
11.7.1. Handheld Devices
11.7.2. Fixed Devices
11.8. Basis PointShare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Facial Recognition Devices Demand Share, 2019-2026
12. Asia Pacific Facial Recognition Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Facial Recognition Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Facial Recognition Devices Market Size and Volume Forecast by Application
12.4.1. Security and Protection
12.4.2. Transportation
12.4.3. BFSI
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Facial Recognition Devices Market Size and Volume Forecast by Type
12.7.1. Handheld Devices
12.7.2. Fixed Devices
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Facial Recognition Devices Demand Share, 2019-2026
13. Middle East & Africa Facial Recognition Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Facial Recognition Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Facial Recognition Devices Market Size and Volume Forecast by Application
13.4.1. Security and Protection
13.4.2. Transportation
13.4.3. BFSI
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Facial Recognition Devices Market Size and Volume Forecast by Type
13.7.1. Handheld Devices
13.7.2. Fixed Devices
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Facial Recognition Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Facial Recognition Devices Market: Market Share Analysis
14.2. Facial Recognition Devices Distributors and Customers
14.3. Facial Recognition Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cloudwalk
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Aurora
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Insigma Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Herta
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. IDTECK Co Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Artec Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CMOLO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Anviz
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Adatis GmbH&Co. KG
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. IDEMIA (France)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. EnterFace
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SenseTime
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ColosseoEAS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Cognitec Systems
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Bioenable
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
