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Europe Facial Recognition Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Deployment Mode, By Offering, By Technology, By Application, By Vertical, By Country and Growth Forecast, 20

Publisher Knowledge Based Value (KBV) Research
Published Apr 18, 2024
Length 177 Pages
SKU # KBV18746380

Description

Europe Facial Recognition Market Size, Share & Trends Analysis Report By Organization Size (Large Enterprises, and Small & Medium Enterprises), By Deployment Mode, By Offering, By Technology, By Application, By Vertical, By Country and Growth Forecast, 2024 - 2031


The Europe Facial Recognition Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Facial Recognition Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,029.6 million by 2031. The UK market is exhibiting a CAGR of 13% during (2024 - 2031). Additionally, The France market would experience a CAGR of 15% during (2024 - 2031).

Innovations in technology are driving the development of advanced capabilities, features, and applications that address evolving market needs and unlock new opportunities. Advancements in facial emotion recognition algorithms enable identity verification systems to detect and analyze emotional expressions, sentiments, and mood states, opening opportunities for applications in customer sentiment analysis, personalized marketing, and mental health monitoring.

The integration of identity verification with other biometric modalities, such as fingerprint recognition, voice recognition, and behavioral biometrics, enables multimodal biometric fusion techniques that enhance accuracy, robustness, and security in identity verification applications, particularly in high-security environments and regulated industries. Integrating identity verification with other biometric modalities strengthens security and enhances fraud prevention capabilities in identity verification applications.

The United Kingdom's border security and immigration authorities are adopting identity verification systems to strengthen border control measures and enhance immigration processes. The technology is utilized at ports of entry, airports, and border checkpoints to verify travelers' identities, detect fraudulent documents, and identify individuals on watchlists or with immigration violations. As per the data published in 2021 by the International Trade Administration, the UK security and resilience sector was valued at approximately $15bn and growing. The UK physical security sector was expected to be stable over the next year, with no significant growth reaching $5.93bn in 2022. In addition, the rising healthcare sector in the EU is driving the expansion of facial recognition technology as healthcare organizations seek to enhance patient safety, efficiency, and personalized care delivery. As per the data from the Organization for Economic Co-operation and Development, in 2020, an unprecedented 10.9% of the GDP of the European Union was devoted to health care. With health expenditures exceeding 12% of their GDP, Germany and France allocated the highest proportions. Belgium, Austria, Sweden, and the Netherlands spent more than 11 percent of their GDP on health. Hence, the rising healthcare and security sectors in Europe will fuel the demand for such systems in the region.

Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Mode, the market is segmented into On-premises, and Cloud. Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Technology, the market is segmented into 3D, 2D, and Facial Analytics. Based on Application, the market is segmented into Access Control, Attendance Tracking & Monitoring, Security & Surveillance, Emotion Recognition, and Others. Based on Vertical, the market is segmented into Government, Media & Entertainment, Education, Healthcare & Lifesciences, Automobile & Transportation, Manufacturing, Retail & eCommerce, IT & Telecom, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

List of Key Companies Profiled
  • IDEMIA SAS (Advent International, Inc.)
  • Microsoft Corporation
  • NEC Corporation
  • Thales Group S.A.
  • 3M Company
  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • Aware, Inc.
  • Onfido Limited
  • Animetrics
  • Daon, Inc.
Europe Facial Recognition Market Report Segmentation

By Organization Size
  • Large Enterprises
  • Small & Medium Enterprises
By Deployment Mode
  • On-premises
  • Cloud
By Offering
  • Software
  • Hardware
  • Services
By Technology
  • 3D
  • 2D
  • Facial Analytics
By Application
  • Access Control
  • Attendance Tracking & Monitoring
  • Security & Surveillance
  • Emotion Recognition
  • Others
By Vertical
  • Government
  • Media & Entertainment
  • Education
  • Healthcare & Lifesciences
  • Automobile & Transportation
  • Manufacturing
  • Retail & eCommerce
  • IT & Telecom
  • Others
By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

177 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Facial Recognition Market, by Organization Size
1.4.2 Europe Facial Recognition Market, by Deployment Mode
1.4.3 Europe Facial Recognition Market, by Offering
1.4.4 Europe Facial Recognition Market, by Technology
1.4.5 Europe Facial Recognition Market, by Application
1.4.6 Europe Facial Recognition Market, by Vertical
1.4.7 Europe Facial Recognition Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
Chapter 4. Competition Analysis – Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Geographical Expansions
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Nov – 2024, Mar) Leading Players
4.5 Porter’s Five Forces Analysis
Chapter 5. Europe Facial Recognition Market by Organization Size
5.1 Europe Large Enterprises Market by Country
5.2 Europe Small & Medium Enterprises Market by Country
Chapter 6. Europe Facial Recognition Market by Deployment Mode
6.1 Europe On-premise Market by Country
6.2 Europe Cloud Market by Country
Chapter 7. Europe Facial Recognition Market by Offering
7.1 Europe Software Market by Country
7.2 Europe Hardware Market by Country
7.3 Europe Services Market by Country
Chapter 8. Europe Facial Recognition Market by Technology
8.1 Europe 3D Market by Country
8.2 Europe 2D Market by Country
8.3 Europe Facial Analytics Market by Country
Chapter 9. Europe Facial Recognition Market by Application
9.1 Europe Access Control Market by Country
9.2 Europe Attendance Tracking & Monitoring Market by Country
9.3 Europe Security & Surveillance Market by Country
9.4 Europe Emotion Recognition Market by Country
9.5 Europe Others Market by Country
Chapter 10. Europe Facial Recognition Market by Vertical
10.1 Europe Government Market by Country
10.2 Europe Media & Entertainment Market by Country
10.3 Europe Education Market by Country
10.4 Europe Healthcare & Lifesciences Market by Country
10.5 Europe Automobile & Transportation Market by Country
10.6 Europe Manufacturing Market by Country
10.7 Europe Retail & eCommerce Market by Country
10.8 Europe IT & Telecom Market by Country
10.9 Europe Others Market by Country
Chapter 11. Europe Facial Recognition Market by Country
11.1 Germany Facial Recognition Market
11.1.1 Germany Facial Recognition Market by Organization Size
11.1.2 Germany Facial Recognition Market by Deployment Mode
11.1.3 Germany Facial Recognition Market by Offering
11.1.4 Germany Facial Recognition Market by Technology
11.1.5 Germany Facial Recognition Market by Application
11.1.6 Germany Facial Recognition Market by Vertical
11.2 UK Facial Recognition Market
11.2.1 UK Facial Recognition Market by Organization Size
11.2.2 UK Facial Recognition Market by Deployment Mode
11.2.3 UK Facial Recognition Market by Offering
11.2.4 UK Facial Recognition Market by Technology
11.2.5 UK Facial Recognition Market by Application
11.2.6 UK Facial Recognition Market by Vertical
11.3 France Facial Recognition Market
11.3.1 France Facial Recognition Market by Organization Size
11.3.2 France Facial Recognition Market by Deployment Mode
11.3.3 France Facial Recognition Market by Offering
11.3.4 France Facial Recognition Market by Technology
11.3.5 France Facial Recognition Market by Application
11.3.6 France Facial Recognition Market by Vertical
11.4 Russia Facial Recognition Market
11.4.1 Russia Facial Recognition Market by Organization Size
11.4.2 Russia Facial Recognition Market by Deployment Mode
11.4.3 Russia Facial Recognition Market by Offering
11.4.4 Russia Facial Recognition Market by Technology
11.4.5 Russia Facial Recognition Market by Application
11.4.6 Russia Facial Recognition Market by Vertical
11.5 Spain Facial Recognition Market
11.5.1 Spain Facial Recognition Market by Organization Size
11.5.2 Spain Facial Recognition Market by Deployment Mode
11.5.3 Spain Facial Recognition Market by Offering
11.5.4 Spain Facial Recognition Market by Technology
11.5.5 Spain Facial Recognition Market by Application
11.5.6 Spain Facial Recognition Market by Vertical
11.6 Italy Facial Recognition Market
11.6.1 Italy Facial Recognition Market by Organization Size
11.6.2 Italy Facial Recognition Market by Deployment Mode
11.6.3 Italy Facial Recognition Market by Offering
11.6.4 Italy Facial Recognition Market by Technology
11.6.5 Italy Facial Recognition Market by Application
11.6.6 Italy Facial Recognition Market by Vertical
11.7 Rest of Europe Facial Recognition Market
11.7.1 Rest of Europe Facial Recognition Market by Organization Size
11.7.2 Rest of Europe Facial Recognition Market by Deployment Mode
11.7.3 Rest of Europe Facial Recognition Market by Offering
11.7.4 Rest of Europe Facial Recognition Market by Technology
11.7.5 Rest of Europe Facial Recognition Market by Application
11.7.6 Rest of Europe Facial Recognition Market by Vertical
Chapter 12. Company Profiles
12.1 IDEMIA SAS (Advent International, Inc.)
12.1.1 Company Overview
12.1.2 Recent strategies and developments:
12.1.2.1 Partnerships, Collaborations, and Agreements:
12.1.3 SWOT Analysis
12.2 Microsoft Corporation
12.2.1 Company Overview
12.2.2 Financial Analysis
12.2.3 Segmental and Regional Analysis
12.2.4 Research & Development Expenses
12.2.5 Recent strategies and developments:
12.2.5.1 Product Launches and Product Expansions:
12.2.6 SWOT Analysis
12.3 NEC Corporation
12.3.1 Company Overview
12.3.2 Financial Analysis
12.3.3 Segmental and Regional Analysis
12.3.4 Research & Development Expenses
12.3.5 Recent strategies and developments:
12.3.5.1 Partnerships, Collaborations, and Agreements:
12.3.5.2 Product Launches and Product Expansions:
12.3.6 SWOT Analysis
12.4 Thales Group S.A.
12.4.1 Company Overview
12.4.2 Financial Analysis
12.4.3 Segmental and Regional Analysis
12.4.4 Research & Development Expenses
12.4.5 Recent strategies and developments:
12.4.5.1 Product Launches and Product Expansions:
12.4.6 SWOT Analysis
12.5 3M Company
12.5.1 Company Overview
12.5.2 Financial Analysis
12.5.3 Segmental and Regional Analysis
12.5.4 Research & Development Expense
12.5.5 SWOT Analysis
12.6 Cognitec Systems GmbH (Salto Systems, S.L.)
12.6.1 Company Overview
12.6.2 Recent strategies and developments:
12.6.2.1 Product Launches and Product Expansions:
12.6.3 SWOT Analysis
12.7 Aware, Inc.
12.7.1 Company Overview
12.7.2 Financial Analysis
12.7.3 Regional Analysis
12.7.4 Research & Development Expenses
12.7.5 Recent strategies and developments:
12.7.5.1 Partnerships, Collaborations, and Agreements:
12.7.6 SWOT Analysis
12.8 Onfido Limited
12.8.1 Company Overview
12.8.2 Recent strategies and developments:
12.8.2.1 Partnerships, Collaborations, and Agreements:
12.8.3 SWOT Analysis
12.9 Animetrics
12.9.1 Company Overview
12.9.2 SWOT Analysis
12.10. Daon, Inc.
12.10.1 Company Overview
12.10.2 Recent strategies and developments:
12.10.2.1 Product Launches and Product Expansions:
12.10.2.2 Geographical Expansions:
12.10.3 SWOT Analysis

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