NORTH AMERICA FACIAL RECOGNITION MARKET 2019-2028

NORTH AMERICA FACIAL RECOGNITION MARKET 2019-2028

MARKET OUTLOOK

According to Triton Market Research, the North American facial recognition market is anticipated to rise with a CAGR of 8.29% in the estimated years 2019-2028. The United States and Canada together shape the market in this region.

Officials from the Canadian federal government have adopted face recognition technology for identifying suspects using false identities to apply for travel documents. In addition, as part of a border security initiative, Canada and the United Stea are in talks tp use facial recognition scanners linked to image databases in both the countries. The aim of this move is identifying wanted individuals & suspects or convicted criminals. This has increased the adoption of facial recognition software in the Canadian market.

In fact, several casinos also face recognition technology to detect known criminals and cheats. Casinos in British Colombia and Ontario have been using recognition systems to bar individuals who have signed up for voluntary self-exclusion programs. Voluntary self-exclusion is a concept where individuals ask casinos to deny them entry in order to stave off their gambling addictions. The cameras installed in these casinos, which are embedded with recognition features, scan across individuals entering the building. They then compare the images obtained with the set of images in their database consisting of self-identified gamblers who are voluntarily self-excluding. And those images which do not match with the ones in the database are discarded. Thus, the market for facial recognition in Canada seems promising.

COMPETITVE OUTLOOK

The major competitors in this market are Nuance Communications Inc, Idemia France SAS, Facefirst Inc, Facephi Biometric SA, Cognitec Systems GmbH, ID3 Technologies, 3M Company, and Aware Inc.


1. NORTH AMERICA FACIAL RECOGNITION MARKET - SUMMARY
2. INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. KEY INSIGHTS
2.2.1. FACIAL RECOGNITION APPLICATION IN MOBILE SECURITY AND DRONES
2.2.2. EMERGENCE OF FACIAL ANALYTICS
2.3. IMPACT OF COVID-19 ON FACIAL RECOGNITION
2.4. PORTERS FIVE FORCE ANALYSIS
2.4.1. THREAT OF NEW ENTRANTS
2.4.2. THREAT OF SUBSTITUTE
2.4.3. BARGAINING POWER OF BUYERS
2.4.4. BARGAINING POWER OF SUPPLIERS
2.4.5. THREAT OF COMPETITIVE RIVALRY
2.5. MARKET ATTRACTIVENESS INDEX
2.6. VENDOR SCORECARD
2.7. MARKET DRIVERS
2.7.1. NEED FOR SURVEILLANCE SYSTEMS
2.7.2. INCREASING ADOPTION OF FACIAL RECOGNITION IN CONSUMER ELECTRONICS SECTOR
2.7.3. TECHNOLOGICAL ADVANCEMENTS IN RECOGNITION SYSTEMS
2.8. MARKET RESTRAINTS
2.8.1. PRIVACY ISSUES
2.8.2. HIGH ERROR RATES
2.9. MARKET OPPORTUNITIES
2.9.1. INTEGRATION OF FACIAL BIOMETRICS IN SMART CARDS
2.9.2. COMMERCIALIZATION OF FACIAL RECOGNITION TECHNOLOGY
2.10. MARKET CHALLENGES
2.10.1. LACK OF ESTABLISHED INTERNATIONAL STANDARDS
2.10.2. COMPETITION FROM NON-BIOMETRICS TECHNOLOGIES
2.11. WORKFLOW OF FACIAL RECOGNITION SYSTEMS
2.12. ADVANTAGES AND DISADVANTAGES OF FACIAL RECOGNITION SYSTEMS
3. NORTH AMERICA FACIAL RECOGNITION MARKET OUTLOOK – BY TECHNOLOGY
3.1. 3D FACIAL RECOGNITION
3.2. 2D FACIAL RECOGNITION
3.3. FACIAL ANALYTICS
4. NORTH AMERICA FACIAL RECOGNITION MARKET OUTLOOK - BY END-USER
4.1. SECURITY AND LAW ENFORCEMENT
4.2. HEALTHCARE
4.3. RETAIL
4.4. OTHER END-USERS
5. NORTH AMERICA FACIAL RECOGNITION MARKET – REGIONAL OUTLOOK
5.1. UNITED STATES
5.2. CANADA
6. COMPETITIVE LANDSCAPE
6.1. 3M COMPANY
6.2. COGNITEC SYSTEMS GMBH
6.3. NEC CORPORATION
6.4. FACEFIRST INC
6.5. NUANCE COMMUNICATIONS INC
6.6. CROSSMATCH
6.7. ANIMETRICS INC
6.8. DAON INC
6.9. PANASONIC CORPORATION
6.10. GEMALTO NV (THALES GROUP)
6.11. AWARE INC
6.12. FACEPHI BIOMETRIC SA
6.13. AYONIX CORPORATION
6.14. IDEMIA FRANCE SAS
6.15. ID3 TECHNOLOGIES
7. METHODOLOGY & SCOPE
7.1. RESEARCH SCOPE & DELIVERABLES
7.2. SOURCES OF DATA
7.3. RESEARCH METHODOLOGY
LIST OF TABLES
TABLE 1: NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS INDEX
TABLE 3: VENDOR SCORECARD
TABLE 4: NORTH AMERICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 5: NORTH AMERICA FACIAL RECOGNITION MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 6: NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
LIST OF FIGURES
FIGURE 1: PORTER’S FIVE FORCE ANALYSIS
FIGURE 2: WORKFLOW OF FACIAL RECOGNITION SYSTEMS
FIGURE 3: NORTH AMERICA FACIAL RECOGNITION MARKET, BY 3D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 4: NORTH AMERICA FACIAL RECOGNITION MARKET, BY 2D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 5: NORTH AMERICA FACIAL RECOGNITION MARKET, BY FACIAL ANALYTICS, 2019-2028 (IN $ MILLION)
FIGURE 6: NORTH AMERICA FACIAL RECOGNITION MARKET, BY SECURITY AND LAW ENFORCEMENT, 2019-2028 (IN $ MILLION)
FIGURE 7: NORTH AMERICA FACIAL RECOGNITION MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 8: NORTH AMERICA FACIAL RECOGNITION MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 9: NORTH AMERICA FACIAL RECOGNITION MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)
FIGURE 10: NORTH AMERICA FACIAL RECOGNITION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 11: UNITED STATES FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 12: CANADA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 13: UNITED KINGDOM FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)

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