Navigation Links
Facial Recognition Market (Emotion, Thermal, Mobile, Forensic, 2D, 3D, Cloud-based Facial Recognition) worth $6.5 Billion by 2018 - New Report by MarketsandMarkets
Date:11/8/2013

(PRWEB) November 08, 2013

Over the past few years, Facial Recognition Market has crossed the chasm and has become more accurate, less costly and significantly mainstream. This has helped the technology to gain traction and investment from commercial sector. The development of 3D face recognition technology backed by improved imaging solutions, middleware and fast analytics has helped the technology to overcome its traditional flaws such as poor results in low lights, pose variation and image reconstruction.

Browse 86 market data tables and 27 figures spread through 171 pages and in-depth TOC on “Facial Recognition Market - Worldwide Market Forecasts and Analysis (2013 - 2018)”.
http://www.marketsandmarkets.com/Market-Reports/facial-recognition-market-995.html

Early buyers will receive 10% customization on this report.

The major forces driving the market are growth of surveillance market and huge spending by the government across the globe on biometric technologies. At the same time, various opportunities exist in consumer electronics segment, handheld devices segment and innovative cloud services based on face recognition technologies (anonymous face analysis).

The report Facial Recognition Market - Global advancements, Emerging Applications, Business Models and Worldwide Market Forecast and Analysis (2013 - 2018) defines and segments the global facial recognition market with analysis and forecasting of the global revenues. It also identifies drivers and restraints for this market with insights on trends, opportunities, and challenges.

MarketsandMarkets has segmented the face recognition market by types of technologies and solutions, components (hardware, software and services), industry verticals or end-users and regions. Face recognition technology and solutions segment comprises of 2D, 3D, thermal, emotion, mobile and forensic technology. The software segment is further segmented by face recognition algorithms / SDK, middleware, database, modeling and analytic software. Under the services segment, the report covers consulting and cloud-based services. The technology and components markets, along with each of their sub-segments are further bifurcated by regions. Regions covered include North America (NA), Europe, Asia-Pacific APAC, Middle East and Africa (MEA), and Latin America (LA).

The global facial recognition market is estimated to grow from $1.92 billion in 2013 to $6.50 billion in 2018. This represents a Compound Annual Growth Rate (CAGR) of 27.7% from 2013 to 2018. In the current scenario, government and utilities are expected to be the largest adaptor for face recognition technology. In terms of regions, North America is poised to be the biggest market for face recognition. However, over the next five years, APAC will experience increased market traction, to become the biggest facial recognition market globally.

Browse related reports

Casino Management Systems (CMS) Market [Management Systems, Analytics (Predictive, Video),Security and Surveillance (Video Surveillance, Access Control, Alarm Systems)] - Global Advancements, Worldwide Market Forecasts & Analysis (2013 - 2018)
http://www.marketsandmarkets.com/Market-Reports/casino-management-system-market-1021.html

Parking Management Market (Access Control, Security and Surveillance, Revenue Management, Reservation Management, Valet Management, Enforcement and Permit Management, Guidance and Slot Management) Worldwide Market Forecasts & Analysis (2013 - 2018)
http://www.marketsandmarkets.com/Market-Reports/parking-management-market-1249.html

About MarketsandMarkets

MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.

MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including agriculture, advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Read the full story at http://www.prweb.com/releases/facial-recognition/market/prweb11315695.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Facial defects shown to self-repair
2. Scientists identify gene linked to facial, skull and cognitive impairment
3. Gene Mutation Linked to Facial, Skull Abnormalities
4. Guidelines Issued to Resolve Temporary Facial Paralysis
5. National study shows protective eyewear reduces eye, head, and facial injuries
6. Face transplantation calls for reverse craniofacial planning
7. Dr. Kent Stobaugh Retiring from Oral & Maxillofacial Surgeons to Pursue Different Opportunities: SA4i Emphasizes Significant Contributions to People’s Lives
8. Director of the Center for Craniofacial & Dental Sleep Medicine Provides New Cutting Edge Technology for Patients Suffering with Obstructive Sleep Apnea
9. Dr. Steve Widner, of Widner & Alford Oral and Maxillofacial Surgery in Austin, Texas Announces New Partner and Practice Location
10. Dermatology Alliance-Keller Offers Reveal Facial Imager
11. Prominent SoCal Facial Plastic Surgeon Serves as Co-Director for Facial Plastics Meeting
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/11/2016)... , ... February 11, 2016 , ... ... dermatology and women’s health, is pleased to announce the promotions of Allison Kelly ... sales team, Steve Catone to executive vice president of North American capital sales, ...
(Date:2/11/2016)... , ... February 11, 2016 , ... ... unparalleled clinical decision support technology, with highly adaptable algorithms, has been updated to ... patient has signs and symptoms consistent with Zikas and a travel history to ...
(Date:2/11/2016)... , ... February 11, 2016 , ... ... J.R. Garrett Esq. as General Counsel. Garrett will focus on contract negotiations, corporate ... audits, privacy and security law, and best practices in data breaches for the ...
(Date:2/11/2016)... ... ... Colorado spine surgeon, Donald Corenman, MD, DC has been selected ... 2016 . The list consists of spine surgeons across the country nominated by their ... the importance of clinical excellence; he has been awarded the Patient’s Choice Award, Compassionate ...
(Date:2/11/2016)... ... February 11, 2016 , ... Duterte Insurance ... involvement program, introduces a new charity campaign to raise funds for Ronald McDonald ... accepted at https://donate.rmhc.org/ . , Ronald McDonald House (RMH) is an internationally ...
Breaking Medicine News(10 mins):
(Date:2/11/2016)...  Aytu BioScience, Inc. (OTCQX: AYTU), a specialty healthcare ... conditions, announced today that the Company will present its ... on Tuesday, February 16, 2016, at 4:30 p.m. ET.  ... overview of its business and growth strategy, as well ... 31, 2015. --> ...
(Date:2/11/2016)...  Ampio Pharmaceuticals, Inc. (NYSE MKT: AMPE) announced today, ... Controlled Equity Offering SM Sales Agreement with Cantor ... , Chairman and CEO, stated "During our most recent ... raising money and that we have enough money to ... complete all of our current objectives and nothing has ...
(Date:2/11/2016)... 2016 North America , ... MarketsandMarkets, The global market is expected to reach USD 20,190.1 Million ... CAGR of 10.2%. --> North America , ... by MarketsandMarkets, The global market is expected to reach USD 20,190.1 ... a CAGR of 10.2%. --> According to a new ...
Breaking Medicine Technology: