Global (North America, Europe, Asia-Pacific, South America, Middle East and Africa) Face Recognition Device Market 2018, Forecast to 2023
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.
Scope of the Report:
This report focuses on the Face Recognition Device in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.
Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
The downstream industries of Face Recognition Device are government, banking and finance, travel, migration and criminal. In the recent years, with the rising awareness of security, the enlargement of commercial spending and unsolved high rate of criminal, the consumption increase of Face Recognition Device will be obvious. There is a huge potential need for the Face Recognition Device. In the foreseeable future, the Face Recognition Device will show an optimistic upward trend.
Although sales of Face Recognition Device bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Face Recognition field hastily.
The worldwide market for Face Recognition Device is expected to grow at a CAGR of roughly 27.3% over the next five years, will reach 4540 million US$ in 2023, from 1070 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
IDTECK Co Ltd.
Adatis GmbH＆Co. KG
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Security and Protection
There are 15 Chapters to deeply display the global Face Recognition Device market.
Chapter 1, to describe Face Recognition Device Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Face Recognition Device, with sales, revenue, and price of Face Recognition Device, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Face Recognition Device, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Face Recognition Device market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Face Recognition Device sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
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