According to our (Global Info Research) latest study, the global Face Recognition Device market size was valued at US$ 1883 million in 2024 and is forecast to a readjusted size of USD 5618 million by 2031 with a CAGR of 17.1% during review period.
A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance installations. The identification process is done by comparing the facial features extracted from an image with those previously stored in a facial database.
Global Face Recognition Device key players include Cloudwalk, Dahua Technology, Face++, Insigma Group, etc. Global top four manufacturers hold a share about 35%.
APAC is the largest market, with a share over 50%, followed by Europe, and Americas, both have a share over 40 percent.
In terms of product, Access Control System is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Transportation, followed by Non-financial Enterprises, BFSI, Residential, etc.
This report is a detailed and comprehensive analysis for global Face Recognition Device market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Face Recognition Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Face Recognition Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Face Recognition Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031
Global Face Recognition Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Face Recognition Device
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Face Recognition Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Cloudwalk, Dahua Technology, Aurora, Insigma Group, Face++, PCI, CMOLO, IDEMIA (France), Anviz, Adatis GmbH&Co. KG, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Face Recognition Device market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Access Control System
Ticket Gates System
Others
Market segment by Application
Transportation
BFSI
Residential
Non-financial Enterprises
Others
Major players covered
Cloudwalk
Dahua Technology
Aurora
Insigma Group
Face++
PCI
CMOLO
IDEMIA (France)
Anviz
Adatis GmbH&Co. KG
ColosseoEAS
Artec Group
EnterFace
IDTECK Co Ltd.
Bioenable
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Face Recognition Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Face Recognition Device, with price, sales quantity, revenue, and global market share of Face Recognition Device from 2020 to 2025.
Chapter 3, the Face Recognition Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Face Recognition Device breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Face Recognition Device market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Face Recognition Device.
Chapter 14 and 15, to describe Face Recognition Device sales channel, distributors, customers, research findings and conclusion.
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