Facial Recognition Market

Facial Recognition Market by Offering (Hardware, Software Solutions, Services), Application, Organization Size, Deployment Mode (Cloud, On-premises), Vertical (BFSI, Government, Retail & E-commerce) and Region - Global Forecast to 2028

Report Code: TC 3421 Feb, 2024, by marketsandmarkets.com

[407 Pages Report] The global facial recognition market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period.

Facial recognition technology streamlines and automates processes to increase efficiency and productivity. Whether applied in attendance tracking in educational institutions, monitoring patient identification in healthcare settings, or automating payment systems in retail, facial recognition minimizes manual efforts and enhances overall operational efficiency. The speed and accuracy with which it can perform tasks contribute to time savings and improved workflow, making it an attractive solution for organizations seeking streamlined and automated processes across various domains. This efficiency-driven aspect of facial recognition continues to propel its adoption in education, healthcare, and retail sectors aiming for enhanced operational effectiveness.

Facial Recognition Market

To know about the assumptions considered for the study, Request for Free Sample Report

Facial Recognition Market Opportunities

To know about the assumptions considered for the study, download the pdf brochure

Facial Recognition Market Trends

Driver: Growing concerns about security and the rising need for robust surveillance systems

Facial recognition technology is increasingly being adopted due to security concerns, particularly in airports and critical infrastructure sectors. These technologies streamline security procedures, reduce processing times, and enhance safety. In public spaces, facial recognition helps identify and track individuals in crowded areas, preventing potential security threats or criminal activities. In critical infrastructure, such as power plants and transportation hubs, facial recognition provides an additional layer of authentication and monitoring to mitigate security risks. However, utilizing facial recognition with privacy considerations and addressing potential ethical and legal implications is crucial. Facial recognition technology surges efficiency and reliability within biometric verification to avoid human error. Traditional security systems require personnel to monitor premises and movement to verify guests and spot intruders. Smart surveillance systems using facial recognition technology verify identities and provide real-time alerts when pre-defined events occur, like a block-listed person entering a restricted area or a VIP guest arriving at the reception area. This high accuracy rate and speed allow organizations to allocate resources better, shorten reaction time, and reduce operational costs in the long term.

For instance, in February 2024, American Chemical Society (ACS) researchers reported a more streamlined 3D surface imaging system with flatter, simpler optics. The new system could identify Michelangelo's David's face with the same accuracy as an existing smartphone system.

Restraint: Privacy concerns

Privacy concerns are a significant barrier to the broad use of facial recognition technology because they create concerns about potential misuse of privacy. This might lead to worry about illegal monitoring, in which people could be watched without their knowledge or agreement, which is one of the main restraints. Moreover, a severe risk is associated with possibly misusing the biometric information gathered by facial recognition systems. Identity theft or unlawful access to private information can result from data breaches, hacking, or the unapproved exchange of biometric data. The deployment of facial recognition in public spaces and its integration with surveillance cameras raise concerns about mass surveillance. Critics argue that constant monitoring infringes upon individuals' civil liberties, creating a society where people feel constantly observed, eroding the expectation of privacy in public areas.

Opportunity: Integration of facial recognition in mobile devices for authentication and security

Incorporating facial recognition technology into mobile devices presents a significant potential for expansion, carrying substantial consequences for security and identification. Facial recognition technology for device identification improves user ease and security as cell phones have become commonplace. By exposing their faces to the device, users can unlock their phones, conduct safe transactions, and access sensitive data without needing more cumbersome procedures like PINs or fingerprint scans with mobile device integration.

This opportunity goes beyond convenience because facial recognition gives mobile devices an extra security layer. The distinct biometric information obtained by facial recognition algorithms increases the security of sensitive data and personal information kept on the device by making it harder for unwanted users to access.

Mobile facial recognition technology is essential for secure mobile payments, app access, identity verification, and device unlocking. Because safe face recognition authentication is so convenient, it may become widely used in various industries, such as finance, e-commerce, and healthcare, where user-friendliness and security are critical requirements.

Challenge: Vulnerability to hacking and rising deep fakes

A significant challenge that needs to be addressed to maintain the integrity and security of facial recognition systems is the susceptibility of facial recognition systems to hacking and cyber threats. Facial recognition systems are vulnerable to various cyberattacks, such as data breaches, unauthorized access, and manipulation of biometric data, just like any other technology. Hackers may take advantage of flaws in the software of face recognition systems to obtain private information without authorization or to undermine the system's operation. Malicious actors could, for instance, alter facial photos to evade authentication procedures and intercept facial recognition data. At the same time, it is being transmitted or interfered with the system's algorithms to yield unreliable results. Furthermore, facial recognition systems centralized biometric data storage makes them an attractive target for fraudsters.

Presently, Deepfakes are being used to circumvent facial recognition systems. Deepfake involves manipulating or fabricating video sequences, making camera injection feasible. Cybercriminals use camera injection attacks to insert modified video footage into facial recognition systems, taking advantage of flaws in these systems.

Camera injection attacks have emerged amid increasing reliance on facial recognition security, posing a new threat to facial recognition security. This can be concerning as an attacker successfully evades detection. They can gain unauthorized access to accounts.

Organizations can defend against camera injection attacks by implementing a comprehensive identity verification and fraud prevention approach.

Facial Recognition
Market Ecosystem

Top Companies in Facial Recognition Market

The major players in the facial recognition market are NEC, Microsoft, Thales, and AWS. The market for facial recognition is dominated by well-known businesses that have made a name for themselves as domain leaders. These businesses are prominent, secure financially, and have a track record of offering cutting-edge facial recognition services and software solutions. They can respond to the market's changing needs owing to their broad range of products, including hardware, software solutions, applications, and services. These businesses are leading the way in the advancement of facial recognition technology with their expansive capabilities and innovative technology.

By application, the finance and payments segment registered the highest growth rate during the forecast period.

By application, the finance and payments segment is set to achieve the highest growth rate in the facial recognition market during the forecast period. There is a surge in facial recognition technology usage for particular financial and payment operations made via digital wallets and smartphone applications. Currently, computerized Know all international financial institutions use Know Your Customer (KYC) systems that utilize facial recognition technology. This technology offers safe transactions, quick and easy identification verification, and improved security against identity theft, driving the growth of the facial recognition market.

Based on vertical, the Government segment accounts for the largest market size in the forecast period.

The government segment is poised to command the largest market size in the facial recognition market. This financial services sector increasingly utilizes biometric technologies to improve physical security and public safety. For instance, banks often use facial recognition to verify a client's identification for online or mobile banking apps. To control admission and access to restricted building portions, banks also utilize facial recognition technology known as "contained access control." The bank aims to provide customers with a secure and convenient authentication method through facial recognition, ensuring a smooth and fast mobile banking experience.

Asia Pacific will register the highest growth rate during the forecast period.

During the forecast period, the Asia Pacific region is set to register the highest growth rate in the facial recognition market. Facial recognition technology has seen significant adoption in Asia, driven by technological advancements and a growing focus on modernization. The technology finds applications in various sectors, including security, retail, and finance. From access control systems to consumer electronics, facial recognition is increasingly integrated into daily life. However, its proliferation has sparked concerns about privacy, data security, and potential misuse, leading to ongoing considerations about ethical and regulatory frameworks. As technology evolves, balancing its benefits with privacy safeguards remains a key challenge in the Asia Pacific's broader embrace of facial recognition solutions.

Asia Pacific Facial Recognition Market Size, and Share

Key Market Players:

The major players in the facial recognition market are NEC (Japan), Microsoft (US), Thales (France), AWS (US), IDEMIA (France), Aware (US), Daon (Ireland), Megvii (China), Facephi (Spain), Herta Security (Spain), OneSpan (US), Q3 Technologies (US), Neurotechnology (Lithuania), Cognitec Systems (Germany), Ayonix (Japan), NVISO.ai (Switzerland), FaceFirst (US), Clarifai (US), Iproov (UK), Oosto (Israel), Pangiam (US), Clearview AI (US), Corsight AI (Israel), Facia (UK) Veridium (US), and Visage Technology (Sweden).

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metrics

Details

Market size available for years

2017-2028

Base year considered

2022

Forecast period

2023-2028

Forecast units

Value (USD) Million/Billion

Segments Covered

By offering, organization size, deployment mode, applications, and vertical

Region covered

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America

Companies covered

NEC (Japan), Microsoft (US), Thales (France), AWS (US), IDEMIA (France), Aware (US), Daon (Ireland), Megvii (China), Facephi (Spain), Herta Security (Spain), OneSpan (US), Q3 Technologies (US), Neurotechnology (Lithuania), Cognitec Systems (Germany), Ayonix (Japan), NVISO.ai (Switzerland), FaceFirst (US), Clarifai (US), Iproov (UK), Oosto (Israel), Pangiam (US), Clearview AI (US), Corsight AI (Israel), Facia (UK) Veridium (US), and Visage Technology (Sweden).

This research report categorizes the facial recognition market to forecast revenues and analyze trends in each of the following submarkets:

Based on the offering:
  • Hardware
  • Solutions
  • Facial Verification
  • Facial Identiification
  • Facial Analytics
  • Facial Liveness Detection
  • Services
  • Professional
    • Consulting Services
    • Design and Implementation Services
    • Deployment and Support Services
  • Managed
Based on Organization size:
  • SMEs
  • Large enterprises
Based on Deployment mode:
  • Cloud
  • On-premises
Based on the vertical:
  • BFSI
  • Retail and eCommerce
  • Government
  • Media and Entertainment
  • Healthcare
  • Education
  • Manufacturing
  • Transportation and Utilities
  • Others
Based on the region:
  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • AnZ
    • Rest of Asia Pacific
  • Middle East and Africa
    • Middle East
      • Gulf Cooperation Council (GCC)
      • Rest of the Middle East
    • Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In November 2023, NEC entered into an agreement with Ideal Innovations Inc. (I3) regarding user training, system and software development, and operations support. This collaboration aims to promote the responsible use of face recognition systems and enhance professionals' skills in the field.
  • In June 2023, Thales agreed with Australian cybersecurity vendor Tesserent to acquire all of its shares to increase the biometrics and digital identity giant's footprint in Australia and New Zealand.
  • In March 2023, AWS and NVIDIA announced a multi-part collaboration to build the world's most scalable, on-demand AI infrastructure optimized for training increasingly complex large language models (LLMs) and developing generative AI applications.
  • In March 2023, Aware partnered with Anyline to integrate Knomi, Aware's mobile biometric authentication framework, into the Electronic Know Your Customer (eKYC) identity verification process for one of the largest banks in Pakistan.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 59)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 STUDY SCOPE 
           1.3.1 MARKET SEGMENTATION
           1.3.2 REGIONS COVERED
    1.4 YEARS CONSIDERED 
    1.5 CURRENCY CONSIDERED 
           TABLE 1 USD EXCHANGE RATES, 2017–2022
    1.6 STAKEHOLDERS 
    1.7 SUMMARY OF CHANGES 
 
2 RESEARCH METHODOLOGY (Page No. - 66)
    2.1 RESEARCH DATA 
           FIGURE 1 FACIAL RECOGNITION MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakup of primary profiles
                    2.1.2.2 Key insights from industry experts
    2.2 MARKET SIZE ESTIMATION 
           2.2.1 TOP-DOWN APPROACH
                    FIGURE 2 APPROACH 1 (SUPPLY SIDE): REVENUE FROM HARDWARE, SOFTWARE SOLUTIONS, AND SERVICES OF FACIAL RECOGNITION VENDORS
                    FIGURE 3 APPROACH 1 (SUPPLY SIDE) ANALYSIS
           2.2.2 BOTTOM-UP APPROACH
                    FIGURE 4 APPROACH 2: BOTTOM-UP (DEMAND SIDE)
    2.3 DATA TRIANGULATION 
           FIGURE 5 FACIAL RECOGNITION MARKET: DATA TRIANGULATION
           FIGURE 6 MARKET ESTIMATION: RESEARCH FLOW
    2.4 MARKET FORECAST 
           TABLE 2 FACTOR ANALYSIS
    2.5 COMPANY EVALUATION MATRIX METHODOLOGY 
           2.5.1 FOR LARGE PLAYERS
                    FIGURE 7 COMPANY EVALUATION MATRIX (KEY PLAYERS): CRITERIA WEIGHTAGE
           2.5.2 FOR START-UPS
                    FIGURE 8 COMPANY EVALUATION MATRIX (START-UPS/SMES): CRITERIA WEIGHTAGE
    2.6 RESEARCH ASSUMPTIONS 
    2.7 LIMITATIONS 
 
3 EXECUTIVE SUMMARY (Page No. - 78)
    FIGURE 9 GLOBAL FACIAL RECOGNITION MARKET TO WITNESS SIGNIFICANT GROWTH DURING FORECAST PERIOD 
    FIGURE 10 MARKET: SEGMENTS SNAPSHOT 
    FIGURE 11 MARKET: REGIONAL SNAPSHOT 
 
4 PREMIUM INSIGHTS (Page No. - 84)
    4.1 ATTRACTIVE OPPORTUNITIES FOR KEY PLAYERS IN FACIAL RECOGNITION MARKET 
           FIGURE 12 ADVANCEMENTS IN AI AND ML TECHNOLOGIES AND INCREASING APPLICATIONS OF FACIAL RECOGNITION TO BOOST MARKET GROWTH
    4.2 MARKET, BY OFFERING 
           FIGURE 13 SOFTWARE SOLUTIONS SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    4.3 MARKET, BY SOFTWARE SOLUTION 
           FIGURE 14 FACE IDENTIFICATION SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    4.4 MARKET, BY SERVICE 
           FIGURE 15 PROFESSIONAL SERVICES SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    4.5 MARKET, BY APPLICATION 
           FIGURE 16 SECURITY & ACCESS CONTROL APPLICATION SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    4.6 MARKET, BY DEPLOYMENT MODE 
           FIGURE 17 ON-PREMISES DEPLOYMENT MODE TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    4.7 MARKET, BY ORGANIZATION SIZE 
           FIGURE 18 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET DURING FORECAST PERIOD
    4.8 FACIAL RECOGNITION MARKET, BY VERTICAL 
           FIGURE 19 GOVERNMENT VERTICAL TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
    4.9 MARKET INVESTMENT SCENARIO 
           FIGURE 20 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS
 
5 MARKET OVERVIEW AND INDUSTRY TRENDS (Page No. - 89)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
           FIGURE 21 FACIAL RECOGNITION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Growth in security concerns and rise in need for robust surveillance systems
                    5.2.1.2 Advancements in facial recognition algorithms, ML, and AI
                    5.2.1.3 Rise in contactless technologies post-COVID-19
           5.2.2 RESTRAINTS
                    5.2.2.1 Privacy concerns
                    5.2.2.2 Rise in false positives and negatives
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Emerging use cases/applications in various sectors
                    5.2.3.2 Integration of facial recognition in mobile devices for authentication and security
           5.2.4 CHALLENGES
                    5.2.4.1 Lack of global standards
                    5.2.4.2 Vulnerability to hacking and rising deep fakes
    5.3 FACIAL RECOGNITION TECHNOLOGY EVOLUTION 
           FIGURE 22 FACIAL RECOGNITION MARKET: EVOLUTION
           5.3.1 FACIAL RECOGNITION PIONEERS
           5.3.2 AUTOMATIC FACIAL RECOGNITION
           5.3.3 STANDARDIZATION AND ADVANCEMENT
           5.3.4 RAPID DEVELOPMENT AND EXPANSION
           5.3.5 PRESENT AND FUTURE
    5.4 FACIAL RECOGNITION TOOLS, FRAMEWORKS, AND TECHNIQUES 
    5.5 CASE STUDY ANALYSIS 
           5.5.1 STAR ALLIANCE SMOOTHENED TRAVEL EXPERIENCE WITH NEC I: DELIGHT PLATFORM
           5.5.2 AELLA CREDIT LEVERAGED AMAZON’S FACIAL RECOGNITION SOLUTION FOR FASTER LOAN APPROVALS
           5.5.3 NERO USED COGNITEC’S FACE RECOGNITION TECHNOLOGY TO SORT PHOTOS
    5.6 VALUE CHAIN ANALYSIS 
           FIGURE 23 FACIAL RECOGNITION MARKET: VALUE CHAIN ANALYSIS
           5.6.1 COMPONENT PROVIDERS
           5.6.2 SOFTWARE PROVIDERS
           5.6.3 SERVICE PROVIDERS
           5.6.4 SYSTEM INTEGRATORS
           5.6.5 DISTRIBUTION
           5.6.6 END USERS
    5.7 ECOSYSTEM ANALYSIS 
           FIGURE 24 MARKET: ECOSYSTEM
           TABLE 3 MARKET: ECOSYSTEM
    5.8 PORTER’S FIVE FORCES ANALYSIS 
           TABLE 4 MARKET: PORTER’S FIVE FORCES’ IMPACT
           FIGURE 25 MARKET: PORTER’S FIVE FORCES ANALYSIS
           5.8.1 THREAT OF NEW ENTRANTS
           5.8.2 BARGAINING POWER OF SUPPLIERS
           5.8.3 BARGAINING POWER OF BUYERS
           5.8.4 THREAT OF SUBSTITUTES
           5.8.5 INTENSITY OF COMPETITIVE RIVALRY
    5.9 PRICING ANALYSIS 
           5.9.1 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY SOFTWARE SOLUTION
                    FIGURE 26 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE SOFTWARE SOLUTIONS
                    TABLE 5 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE SOFTWARE SOLUTIONS
           5.9.2 INDICATIVE PRICING ANALYSIS
                    5.9.2.1 Indicative pricing analysis of facial recognition solutions
                               TABLE 6 INDICATIVE PRICING LEVELS OF FACIAL RECOGNITION SOLUTIONS
    5.10 TECHNOLOGY ANALYSIS 
           5.10.1 KEY TECHNOLOGIES
                    5.10.1.1 Facial detection and extraction
                    5.10.1.2 Facial feature representation
                    5.10.1.3 Deep learning and neural networks
                    5.10.1.4 Facial matching algorithms
                    5.10.1.5 3D facial recognition
           5.10.2 COMPLEMENTARY TECHNOLOGIES
                    5.10.2.1 Liveness detection
                    5.10.2.2 Facial database management
                    5.10.2.3 Privacy protection mechanisms
           5.10.3 ADJACENT TECHNOLOGIES
                    5.10.3.1 Biometric integration
                    5.10.3.2 IoT and edge computing
                    5.10.3.3 Artificial intelligence
                    5.10.3.4 Machine learning
    5.11 TRADE ANALYSIS 
                    TABLE 7 IMPORT DATA, BY COUNTRY, 2017–2022 (USD BILLION)
                    FIGURE 27 IMPORT DATA, BY KEY COUNTRY, 2017–2022 (USD BILLION)
                    TABLE 8 EXPORT DATA, BY COUNTRY, 2017–2022 (USD BILLION)
                    FIGURE 28 EXPORT DATA, BY KEY COUNTRY, 2017–2022 (USD BILLION)
    5.12 PATENT ANALYSIS 
           5.12.1 METHODOLOGY
                    FIGURE 29 LIST OF MAJOR PATENTS FOR FACIAL RECOGNITION
                    TABLE 9 FACIAL RECOGNITION MARKET: LIST OF MAJOR PATENTS
    5.13 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 
                    FIGURE 30 FACIAL RECOGNITION MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES
    5.14 TECHNOLOGY ROADMAP 
           5.14.1 FACIAL RECOGNITION TECHNOLOGY ROADMAP TILL 2030
                    5.14.1.1 Short-term roadmap (2023–2025)
                    5.14.1.2 Mid-term roadmap (2026–2028)
                    5.14.1.3 Long-term roadmap (2029–2030)
    5.15 BEST PRACTICES IN FACIAL RECOGNITION MARKET 
           5.15.1 TRAINING MODEL ENSURING DATASET QUALITY
           5.15.2 ENSURING HIGH-QUALITY DATA ANNOTATION
           5.15.3 CONSIDERING ETHICAL FACTORS
    5.16 CURRENT AND EMERGING BUSINESS MODELS 
    5.17 TARIFF AND REGULATORY LANDSCAPE 
           5.17.1 TARIFF RELATED TO FACIAL RECOGNITION PRODUCTS
                    TABLE 10 TARIFFS RELATED TO FACIAL RECOGNITION PRODUCTS, 2022
           5.17.2 REGULATORY LANDSCAPE
                    5.17.2.1 Regulatory bodies, government agencies, and other organizations
                               TABLE 11 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 12 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 13 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               TABLE 14 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                               5.17.2.1.1 North America
                                             5.17.2.1.1.1 US
                               5.17.2.1.2 Europe
                               5.17.2.1.3 Asia Pacific
                                             5.17.2.1.3.1 India
                                             5.17.2.1.3.2 China
                               5.17.2.1.4 Middle East & Africa
                                             5.17.2.1.4.1 UAE
                               5.17.2.1.5 Latin America
                                             5.17.2.1.5.1 Brazil
                                             5.17.2.1.5.2 Mexico
    5.18 KEY STAKEHOLDERS & BUYING CRITERIA 
           5.18.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
                    TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE VERTICALS
           5.18.2 BUYING CRITERIA
                    FIGURE 32 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
                    TABLE 16 KEY BUYING CRITERIA FOR TOP THREE VERTICALS
    5.19 KEY CONFERENCES & EVENTS 
                    TABLE 17 FACIAL RECOGNITION MARKET: DETAILED LIST OF CONFERENCES & EVENTS, 2024–2025
    5.20 INVESTMENT LANDSCAPE 
           FIGURE 33 LEADING GLOBAL FACIAL RECOGNITION INVESTMENT ROUNDS AND FUNDING RAISED BY COMPANIES, 2017–2022
 
6 FACIAL RECOGNITION MARKET, BY TYPE (Page No. - 126)
    6.1 INTRODUCTION 
    6.2 2D FACIAL RECOGNITION 
    6.3 3D FACIAL RECOGNITION 
    6.4 FACIAL THERMOGRAPHY 
    6.5 SKIN TEXTURE ANALYSIS 
    6.6 FACIAL EXPRESSION RECOGNITION 
    6.7 FACIAL ATTRIBUTE RECOGNITION 
 
7 FACIAL RECOGNITION MARKET, BY OFFERING (Page No. - 129)
    7.1 INTRODUCTION 
           FIGURE 34 SOFTWARE SOLUTIONS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
           7.1.1 OFFERINGS: MARKET DRIVERS
                    TABLE 18 MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                    TABLE 19 MARKET, BY OFFERING, 2023–2028 (USD MILLION)
    7.2 HARDWARE 
           7.2.1 INCREASED DEMAND FOR REAL-TIME PROCESSING AND REDUCED DEPENDENCE ON EXTERNAL NETWORKS TO FUEL DEMAND FOR FACIAL RECOGNITION HARDWARE
                    TABLE 20 HARDWARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 21 HARDWARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.3 SOFTWARE SOLUTIONS 
           7.3.1 TECHNOLOGICAL ADVANCEMENTS, INCREASED COMPUTING POWER, AND GROWING NEED FOR SEAMLESS IDENTITY VERIFICATION TO DRIVE MARKET
                    FIGURE 35 FACE VERIFICATION SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 22 MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                    TABLE 23 MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                    TABLE 24 SOFTWARE SOLUTIONS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 25 SOFTWARE SOLUTIONS: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.2 FACE IDENTIFICATION
                    TABLE 26 FACE IDENTIFICATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 27 FACE IDENTIFICATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.3 FACE VERIFICATION
                    TABLE 28 FACE VERIFICATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 29 FACE VERIFICATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.4 FACIAL ANALYTICS
                    TABLE 30 FACIAL ANALYTICS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 31 FACIAL ANALYTICS: FACIAL RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.3.5 FACE LIVENESS DETECTION
                    TABLE 32 FACE LIVENESS DETECTION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 33 FACE LIVENESS DETECTION: MARKET, BY REGION, 2023–2028 (USD MILLION)
    7.4 SERVICES 
           7.4.1 FACIAL RECOGNITION SERVICES TO ENSURE ACCURACY AND EFFICIENCY IN IDENTIFYING INDIVIDUALS BASED ON FACIAL FEATURES
                    FIGURE 36 PROFESSIONAL SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
                    TABLE 34 MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                    TABLE 35 MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                    TABLE 36 SERVICES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 37 SERVICES: MARKET, BY REGION, 2023–2028 (USD MILLION)
           7.4.2 PROFESSIONAL SERVICES
                    7.4.2.1 Consulting services
                    7.4.2.2 Design & implementation services
                    7.4.2.3 Deployment & support services
           7.4.3 MANAGED SERVICES
 
8 FACIAL RECOGNITION MARKET, BY DEPLOYMENT MODE (Page No. - 142)
    8.1 INTRODUCTION 
           FIGURE 37 CLOUD SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           8.1.1 DEPLOYMENT MODES: MARKET DRIVERS
                    TABLE 38 MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                    TABLE 39 MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
    8.2 ON-PREMISES 
           8.2.1 ON-PREMISE DEPLOYMENT TO ENSURE GREATER CONTROL OVER INFRASTRUCTURE AND MAINTENANCE OF SENSITIVE DATA
                    TABLE 40 ON-PREMISES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 41 ON-PREMISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    8.3 CLOUD 
           8.3.1 CLOUD-BASED FACIAL RECOGNITION SOLUTIONS TO OFFER SCALABILITY, FLEXIBILITY, COST-EFFECTIVENESS, AND ACCESSIBILITY
                    TABLE 42 CLOUD: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 43 CLOUD: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
9 FACIAL RECOGNITION MARKET, BY ORGANIZATION SIZE (Page No. - 147)
    9.1 INTRODUCTION 
           FIGURE 38 LARGE ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           9.1.1 ORGANIZATION SIZES: MARKET DRIVERS
                    TABLE 44 FACIAL RECOGNITION MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                    TABLE 45 MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
    9.2 LARGE ENTERPRISES 
           9.2.1 FACIAL RECOGNITION TO IMPROVE SECURITY AND EFFICIENCY, STREAMLINE WORKFLOWS, AND ENHANCE SECURITY PROTOCOLS IN LARGE ENTERPRISES
                    TABLE 46 LARGE ENTERPRISES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 47 LARGE ENTERPRISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
    9.3 SMALL AND MEDIUM-SIZED ENTERPRISES 
           9.3.1 SMALL AND MEDIUM-SIZED ENTERPRISES TO IMPLEMENT AFFORDABLE FACIAL RECOGNITION SOLUTIONS FOR ACCESS CONTROL, CUSTOMER IDENTIFICATION, AND EMPLOYEE ATTENDANCE TRACKING
                    TABLE 48 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                    TABLE 49 SMALL AND MEDIUM-SIZED ENTERPRISES: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
10 FACIAL RECOGNITION MARKET, BY APPLICATION (Page No. - 152)
     10.1 INTRODUCTION 
               FIGURE 39 FINANCE & PAYMENTS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
             10.1.1 APPLICATIONS: MARKET DRIVERS
                       TABLE 50 MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 51 FACIAL RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
     10.2 SECURITY & ACCESS CONTROL 
             10.2.1 FACIAL RECOGNITION TECHNOLOGY TO HELP MONITOR PEOPLE, IDENTIFY INDIVIDUALS IN CROWDED AREAS, AND LOCATE SUSPECTS QUICKLY
             10.2.2 BIOMETRIC AUTHENTICATION
             10.2.3 PERIMETER SECURITY
             10.2.4 LAW ENFORCEMENT INVESTIGATIONS
             10.2.5 ACCESS CONTROL
             10.2.6 ATTENDANCE TRACKING & MONITORING
                       TABLE 52 SECURITY & ACCESS CONTROL: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 53 SECURITY & ACCESS CONTROL: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.3 FINANCE & PAYMENTS 
             10.3.1 FACIAL RECOGNITION TO OFFER SAFE TRANSACTIONS, QUICK AND EASY IDENTIFICATION VERIFICATION, AND IMPROVED SECURITY AGAINST IDENTITY THEFT
             10.3.2 DIGITAL TRANSACTION SECURITY
             10.3.3 FRAUD PREVENTION & IDENTITY VERIFICATION
             10.3.4 MOBILE & CONTACTLESS TRANSACTION SECURITY
                       TABLE 54 FINANCE & PAYMENTS: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 55 FINANCE & PAYMENTS: MARKET, BY REGION, 2023–2028 (USD MILLION)
     10.4 RETAIL & MARKETING 
             10.4.1 RETAIL & MARKETING INDUSTRIES TO HARNESS FACIAL RECOGNITION INSIGHTS TO IMPROVE BUYING EXPERIENCE
             10.4.2 TAILORED SHOPPING, CUSTOMER-CENTRIC ADS, AND PROMOTION
             10.4.3 LOYALTY PROGRAMS & REWARDS
             10.4.4 SENTIMENT ANALYSIS
             10.4.5 THEFT DETECTION & PREVENTION
                       TABLE 56 RETAIL & MARKETING: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 57 RETAIL & MARKETING: MARKET, BY REGION, 2023–2028 (USD MILLION)
 
11 FACIAL RECOGNITION MARKET, BY VERTICAL (Page No. - 161)
     11.1 INTRODUCTION 
               FIGURE 40 TRANSPORTATION & UTILITIES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
             11.1.1 VERTICALS: FACIAL RECOGNITION MARKET DRIVERS
                       TABLE 58 MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 59 MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     11.2 BFSI 
             11.2.1 FACIAL RECOGNITION IN BFSI SECTOR TO IMPROVE CUSTOMER SATISFACTION, EXPEDITE PROCEDURES, AND STRENGTHEN SECURITY MEASURES
                       TABLE 60 BFSI: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 61 BFSI: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.3 GOVERNMENT 
             11.3.1 FACIAL RECOGNITION TO AID IN CRIMINAL IDENTIFICATION AND INVESTIGATION, EXPEDITE ADMINISTRATIVE PROCEDURES, AND ENHANCE SECURITY ON BORDERS
                       TABLE 62 GOVERNMENT: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 63 GOVERNMENT: FACIAL RECOGNITION MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.4 HEALTHCARE 
             11.4.1 FACIAL RECOGNITION TO REDUCE ERRORS, ACCESS CONTROL, AND EXPEDITE MEDICAL PROCEDURES
                       TABLE 64 HEALTHCARE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 65 HEALTHCARE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.5 RETAIL & ECOMMERCE 
             11.5.1 RETAILERS TO UTILIZE FACIAL RECOGNITION FOR PERSONALIZED SHOPPING EXPERIENCES, ANALYZE CUSTOMER DEMOGRAPHICS AND PREFERENCES, AND TAILOR ADS AND PROMOTIONS
                       TABLE 66 RETAIL & ECOMMERCE: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 67 RETAIL & ECOMMERCE: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.6 MANUFACTURING 
             11.6.1 FACIAL RECOGNITION TECHNOLOGY TO PROVIDE SECURITY, PRODUCTIVITY, ACCESS CONTROL, AND EASE OF USE IN MANUFACTURING SECTOR
                       TABLE 68 MANUFACTURING: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 69 MANUFACTURING: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.7 EDUCATION 
             11.7.1 FACIAL RECOGNITION TECHNOLOGY TO AUTOMATE ATTENDANCE RECORDING, CONTROL ACCESS, VERIFY IDENTITIES DURING EXAMS, AND ENHANCE CAMPUS SAFETY
                       TABLE 70 EDUCATION: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 71 EDUCATION: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.8 MEDIA & ENTERTAINMENT 
             11.8.1 FACIAL RECOGNITION TECHNOLOGY TO PERSONALIZE CONTENT RECOMMENDATIONS, ENHANCE VIEWER EXPERIENCE, AND PROVIDE INSIGHTS INTO AUDIENCE ENGAGEMENT AND PREFERENCES
                       TABLE 72 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 73 MEDIA & ENTERTAINMENT: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.9 TRANSPORTATION & UTILITIES 
             11.9.1 FACIAL RECOGNITION TO HELP IN BOARDING PROCESSES AND PASSENGER VERIFICATION IN AIRPORTS
                       TABLE 74 TRANSPORTATION & UTILITIES: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 75 TRANSPORTATION & UTILITIES: MARKET, BY REGION, 2023–2028 (USD MILLION)
     11.10 OTHER VERTICALS 
 
12 FACIAL RECOGNITION MARKET, BY REGION (Page No. - 174)
     12.1 INTRODUCTION 
               FIGURE 41 ASIA PACIFIC TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
               TABLE 76 FACIAL RECOGNITION MARKET, BY REGION, 2017–2022 (USD MILLION)
               TABLE 77 MARKET, BY REGION, 2023–2028 (USD MILLION)
     12.2 NORTH AMERICA 
             12.2.1 NORTH AMERICA: RECESSION IMPACT
             12.2.2 NORTH AMERICA: FACIAL RECOGNITION MARKET DRIVERS
             12.2.3 NORTH AMERICA: REGULATORY LANDSCAPE
                       FIGURE 42 NORTH AMERICA: MARKET SNAPSHOT
                       TABLE 78 NORTH AMERICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 79 NORTH AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 80 NORTH AMERICA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 81 NORTH AMERICA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 82 NORTH AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 83 NORTH AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 84 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 85 NORTH AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 86 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 87 NORTH AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 88 NORTH AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 89 NORTH AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 90 NORTH AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 91 NORTH AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 92 NORTH AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 93 NORTH AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.2.4 US
                       12.2.4.1 Need for adopting advanced technologies and adhering to regulatory compliance to propel market
                                   TABLE 94 US: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 95 US: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 96 US: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 97 US: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 98 US: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 99 US: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 100 US: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 101 US: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 102 US: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 103 US: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 104 US: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 105 US: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 106 US: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 107 US: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.2.5 CANADA
                       12.2.5.1 Utilization of FRT and emerging trends & concerns regarding facial recognition technology to drive market
                                   TABLE 108 CANADA: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 109 CANADA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 110 CANADA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 111 CANADA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 112 CANADA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 113 CANADA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 114 CANADA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 115 CANADA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 116 CANADA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 117 CANADA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 118 CANADA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 119 CANADA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 120 CANADA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 121 CANADA: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     12.3 EUROPE 
             12.3.1 EUROPE: RECESSION IMPACT
             12.3.2 EUROPE: FACIAL RECOGNITION MARKET DRIVERS
             12.3.3 EUROPE: REGULATORY LANDSCAPE
                       TABLE 122 EUROPE: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 123 EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 124 EUROPE: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 125 EUROPE: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 126 EUROPE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 127 EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 128 EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 129 EUROPE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 130 EUROPE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 131 EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 132 EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 133 EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 134 EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 135 EUROPE: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 136 EUROPE: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 137 EUROPE: FACIAL RECOGNITION MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.3.4 UK
                       12.3.4.1 Focus of law enforcement sector on adopting facial recognition solutions to fuel its demand
                                   TABLE 138 UK: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 139 UK: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 140 UK: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 141 UK: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 142 UK: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 143 UK: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 144 UK: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 145 UK: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 146 UK: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 147 UK: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 148 UK: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 149 UK: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 150 UK: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 151 UK: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.3.5 GERMANY
                       12.3.5.1 Need to comply with regulations and address evolving threats to boost demand for facial recognition solutions
                                   TABLE 152 GERMANY: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 153 GERMANY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 154 GERMANY: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 155 GERMANY: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 156 GERMANY: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 157 GERMANY: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 158 GERMANY: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 159 GERMANY: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 160 GERMANY: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 161 GERMANY: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 162 GERMANY: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 163 GERMANY: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 164 GERMANY: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 165 GERMANY: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.3.6 FRANCE
                       12.3.6.1 AI innovation and rising terrorist threats to fuel demand for facial recognition solutions
                                   TABLE 166 FRANCE: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 167 FRANCE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 168 FRANCE: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 169 FRANCE: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 170 FRANCE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 171 FRANCE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 172 FRANCE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 173 FRANCE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 174 FRANCE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 175 FRANCE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 176 FRANCE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 177 FRANCE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 178 FRANCE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 179 FRANCE: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.3.7 ITALY
                       12.3.7.1 Rising public safety interests, organized crime, and terrorism to accelerate demand for facial recognition solutions
                                   TABLE 180 ITALY: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 181 ITALY: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 182 ITALY: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 183 ITALY: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 184 ITALY: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 185 ITALY: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 186 ITALY: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 187 ITALY: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 188 ITALY: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 189 ITALY: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 190 ITALY: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 191 ITALY: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 192 ITALY: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 193 ITALY: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.3.8 REST OF EUROPE
                       TABLE 194 REST OF EUROPE: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 195 REST OF EUROPE: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 196 REST OF EUROPE: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 197 REST OF EUROPE: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 198 REST OF EUROPE: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 199 REST OF EUROPE: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 200 REST OF EUROPE: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 201 REST OF EUROPE: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 202 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 203 REST OF EUROPE: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 204 REST OF EUROPE: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 205 REST OF EUROPE: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 206 REST OF EUROPE: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 207 REST OF EUROPE: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     12.4 ASIA PACIFIC 
             12.4.1 ASIA PACIFIC: RECESSION IMPACT
             12.4.2 ASIA PACIFIC: FACIAL RECOGNITION MARKET DRIVERS
             12.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                       FIGURE 43 ASIA PACIFIC: FACIAL RECOGNITION MARKET SNAPSHOT
                       TABLE 208 ASIA PACIFIC: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 209 ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 210 ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 211 ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 212 ASIA PACIFIC: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 213 ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 214 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 215 ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 216 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 217 ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 218 ASIA PACIFIC: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 219 ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 220 ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 221 ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 222 ASIA PACIFIC: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 223 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.4.4 CHINA
                       12.4.4.1 Rapid adoption of facial recognition by payment giants Alipay and WeChat to popularize selfie-based financial transactions
                                   TABLE 224 CHINA: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 225 CHINA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 226 CHINA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 227 CHINA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 228 CHINA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 229 CHINA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 230 CHINA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 231 CHINA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 232 CHINA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 233 CHINA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 234 CHINA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 235 CHINA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 236 CHINA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 237 CHINA: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.4.5 JAPAN
                       12.4.5.1 Law enforcement sector to utilize facial recognition technology for its efficiency and reliability in locating criminal suspects
                                   TABLE 238 JAPAN: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 239 JAPAN: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 240 JAPAN: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 241 JAPAN: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 242 JAPAN: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 243 JAPAN: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 244 JAPAN: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 245 JAPAN: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 246 JAPAN: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 247 JAPAN: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 248 JAPAN: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 249 JAPAN: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 250 JAPAN: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 251 JAPAN: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.4.6 INDIA
                       12.4.6.1 Government initiatives for implementing best facial recognition to drive market
                                   TABLE 252 INDIA: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 253 INDIA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 254 INDIA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 255 INDIA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 256 INDIA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 257 INDIA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 258 INDIA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 259 INDIA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 260 INDIA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 261 INDIA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 262 INDIA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 263 INDIA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 264 INDIA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 265 INDIA: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.4.7 AUSTRALIA AND NEW ZEALAND
                       12.4.7.1 Need to maintain security priorities with data privacy to spur growth of facial recognition technologies
                                   TABLE 266 AUSTRALIA AND NEW ZEALAND: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 267 AUSTRALIA AND NEW ZEALAND: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 268 AUSTRALIA AND NEW ZEALAND: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 269 AUSTRALIA AND NEW ZEALAND: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 270 AUSTRALIA AND NEW ZEALAND: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 271 AUSTRALIA AND NEW ZEALAND: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 272 AUSTRALIA AND NEW ZEALAND: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 273 AUSTRALIA AND NEW ZEALAND: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 274 AUSTRALIA AND NEW ZEALAND: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 275 AUSTRALIA AND NEW ZEALAND: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 276 AUSTRALIA AND NEW ZEALAND: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 277 AUSTRALIA AND NEW ZEALAND: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 278 AUSTRALIA AND NEW ZEALAND: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 279 AUSTRALIA AND NEW ZEALAND: FACIAL RECOGNITION MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.4.8 REST OF ASIA PACIFIC
                       TABLE 280 REST OF ASIA PACIFIC: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 281 REST OF ASIA PACIFIC: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 282 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 283 REST OF ASIA PACIFIC: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 284 REST OF ASIA PACIFIC: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 285 REST OF ASIA PACIFIC: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 286 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 287 REST OF ASIA PACIFIC: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 288 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 289 REST OF ASIA PACIFIC: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 290 REST OF ASIA PACIFIC: FACIAL RECOGNITION MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 291 REST OF ASIA PACIFIC: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 292 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 293 REST OF ASIA PACIFIC: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     12.5 MIDDLE EAST & AFRICA 
             12.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT
             12.5.2 MIDDLE EAST & AFRICA: FACIAL RECOGNITION MARKET DRIVERS
             12.5.3 MIDDLE EAST & AFRICA: REGULATORY LANDSCAPE
                       TABLE 294 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 295 MIDDLE EAST & AFRICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 296 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 297 MIDDLE EAST & AFRICA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 298 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 299 MIDDLE EAST & AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 300 MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 301 MIDDLE EAST & AFRICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 302 MIDDLE EAST & AFRICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 303 MIDDLE EAST & AFRICA: FACIAL RECOGNITION MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 304 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 305 MIDDLE EAST & AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 306 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 307 MIDDLE EAST & AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 308 MIDDLE EAST & AFRICA: MARKET, BY REGION, 2017–2022 (USD MILLION)
                       TABLE 309 MIDDLE EAST & AFRICA: MARKET, BY REGION, 2023–2028 (USD MILLION)
             12.5.4 MIDDLE EAST
                       12.5.4.1 Heightened security measures and ambitious smart city initiatives to spur demand for facial recognition solutions
                                   TABLE 310 MIDDLE EAST: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 311 MIDDLE EAST: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 312 MIDDLE EAST: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 313 MIDDLE EAST: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 314 MIDDLE EAST: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 315 MIDDLE EAST: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 316 MIDDLE EAST: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 317 MIDDLE EAST: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 318 MIDDLE EAST: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 319 MIDDLE EAST: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 320 MIDDLE EAST: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 321 MIDDLE EAST: FACIAL RECOGNITION MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 322 MIDDLE EAST: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 323 MIDDLE EAST: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                                   TABLE 324 MIDDLE EAST: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                                   TABLE 325 MIDDLE EAST: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
                       12.5.4.2 GCC Countries
                                   TABLE 326 GCC COUNTRIES: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 327 GCC COUNTRIES: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 328 GCC COUNTRIES: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 329 GCC COUNTRIES: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 330 GCC COUNTRIES: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 331 GCC COUNTRIES: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 332 GCC COUNTRIES: FACIAL RECOGNITION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 333 GCC COUNTRIES: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 334 GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 335 GCC COUNTRIES: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 336 GCC COUNTRIES: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 337 GCC COUNTRIES: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 338 GCC COUNTRIES: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 339 GCC COUNTRIES: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                                   12.5.4.2.1 KSA
                                   12.5.4.2.2 UAE
                       12.5.4.3 Rest of Middle East
                                   TABLE 340 REST OF MIDDLE EAST: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 341 REST OF MIDDLE EAST: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 342 REST OF MIDDLE EAST: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 343 REST OF MIDDLE EAST: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 344 REST OF MIDDLE EAST: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 345 REST OF MIDDLE EAST: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 346 REST OF MIDDLE EAST: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 347 REST OF MIDDLE EAST: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 348 REST OF MIDDLE EAST: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 349 REST OF MIDDLE EAST: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 350 REST OF MIDDLE EAST: FACIAL RECOGNITION MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 351 REST OF MIDDLE EAST: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 352 REST OF MIDDLE EAST: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 353 REST OF MIDDLE EAST: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.5.5 AFRICA
                       12.5.5.1 Technological innovation and need for enhanced safety measures to accelerate demand for facial recognition solutions
                                   TABLE 354 AFRICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 355 AFRICA: FACIAL RECOGNITION MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 356 AFRICA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 357 AFRICA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 358 AFRICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 359 AFRICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 360 AFRICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 361 AFRICA: FACIAL RECOGNITION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 362 AFRICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 363 AFRICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 364 AFRICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 365 AFRICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 366 AFRICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 367 AFRICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
     12.6 LATIN AMERICA 
             12.6.1 LATIN AMERICA: RECESSION IMPACT
             12.6.2 LATIN AMERICA: FACIAL RECOGNITION MARKET DRIVERS
             12.6.3 LATIN AMERICA: REGULATORY LANDSCAPE
                       TABLE 368 LATIN AMERICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 369 LATIN AMERICA: FACIAL RECOGNITION MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 370 LATIN AMERICA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 371 LATIN AMERICA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 372 LATIN AMERICA: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 373 LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 374 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 375 LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 376 LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 377 LATIN AMERICA: FACIAL RECOGNITION MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 378 LATIN AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 379 LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 380 LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 381 LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
                       TABLE 382 LATIN AMERICA: MARKET, BY COUNTRY, 2017–2022 (USD MILLION)
                       TABLE 383 LATIN AMERICA: MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
             12.6.4 BRAZIL
                       12.6.4.1 Rising concerns about privacy and potential for misuse of technology to accelerate market growth
                                   TABLE 384 BRAZIL: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 385 BRAZIL: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 386 BRAZIL: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 387 BRAZIL: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 388 BRAZIL: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 389 BRAZIL: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 390 BRAZIL: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 391 BRAZIL: FACIAL RECOGNITION MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 392 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 393 BRAZIL: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 394 BRAZIL: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 395 BRAZIL: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 396 BRAZIL: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 397 BRAZIL: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.6.5 MEXICO
                       12.6.5.1 Rising adoption of facial recognition in law enforcement and government agencies lacking stringent privacy laws to drive market
                                   TABLE 398 MEXICO: FACIAL RECOGNITION MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                                   TABLE 399 MEXICO: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                                   TABLE 400 MEXICO: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                                   TABLE 401 MEXICO: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                                   TABLE 402 MEXICO: MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                                   TABLE 403 MEXICO: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                                   TABLE 404 MEXICO: FACIAL RECOGNITION MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                                   TABLE 405 MEXICO: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                                   TABLE 406 MEXICO: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                                   TABLE 407 MEXICO: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                                   TABLE 408 MEXICO: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                                   TABLE 409 MEXICO: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                                   TABLE 410 MEXICO: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                                   TABLE 411 MEXICO: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
             12.6.6 REST OF LATIN AMERICA
                       TABLE 412 REST OF LATIN AMERICA: MARKET, BY OFFERING, 2017–2022 (USD MILLION)
                       TABLE 413 REST OF LATIN AMERICA: MARKET, BY OFFERING, 2023–2028 (USD MILLION)
                       TABLE 414 REST OF LATIN AMERICA: MARKET, BY SOFTWARE SOLUTION, 2017–2022 (USD MILLION)
                       TABLE 415 REST OF LATIN AMERICA: MARKET, BY SOFTWARE SOLUTION, 2023–2028 (USD MILLION)
                       TABLE 416 REST OF LATIN AMERICA: FACIAL RECOGNITION MARKET, BY SERVICE, 2017–2022 (USD MILLION)
                       TABLE 417 REST OF LATIN AMERICA: MARKET, BY SERVICE, 2023–2028 (USD MILLION)
                       TABLE 418 REST OF LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2017–2022 (USD MILLION)
                       TABLE 419 REST OF LATIN AMERICA: MARKET, BY DEPLOYMENT MODE, 2023–2028 (USD MILLION)
                       TABLE 420 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2017–2022 (USD MILLION)
                       TABLE 421 REST OF LATIN AMERICA: MARKET, BY ORGANIZATION SIZE, 2023–2028 (USD MILLION)
                       TABLE 422 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2017–2022 (USD MILLION)
                       TABLE 423 REST OF LATIN AMERICA: MARKET, BY APPLICATION, 2023–2028 (USD MILLION)
                       TABLE 424 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2017–2022 (USD MILLION)
                       TABLE 425 REST OF LATIN AMERICA: MARKET, BY VERTICAL, 2023–2028 (USD MILLION)
 
13 COMPETITIVE LANDSCAPE (Page No. - 294)
     13.1 OVERVIEW 
     13.2 KEY PLAYER STRATEGIES/RIGHT TO WIN 
               TABLE 426 OVERVIEW OF STRATEGIES ADOPTED BY KEY FACIAL RECOGNITION VENDORS
     13.3 HISTORICAL REVENUE ANALYSIS 
               FIGURE 44 HISTORICAL REVENUE ANALYSIS OF KEY FACIAL RECOGNITION VENDORS, 2018–2022 (USD MILLION)
     13.4 VALUATION AND FINANCIAL METRICS OF KEY FACIAL RECOGNITION VENDORS 
               FIGURE 45 VALUATION AND FINANCIAL METRICS OF KEY FACIAL RECOGNITION VENDORS
     13.5 MARKET SHARE ANALYSIS 
               FIGURE 46 MARKET SHARE, 2022
               TABLE 427 FACIAL RECOGNITION MARKET: DEGREE OF COMPETITION
     13.6 PRODUCT/BRAND COMPARISON 
               FIGURE 47 BRAND COMPARISON/VENDOR PRODUCT LANDSCAPE
     13.7 COMPANY EVALUATION MATRIX: KEY PLAYERS 
             13.7.1 STARS
             13.7.2 EMERGING LEADERS
             13.7.3 PERVASIVE PLAYERS
             13.7.4 PARTICIPANTS
                       FIGURE 48 FACIAL RECOGNITION MARKET: COMPANY EVALUATION MATRIX FOR KEY PLAYERS, 2023
             13.7.5 COMPANY FOOTPRINT: KEY PLAYERS
                       13.7.5.1 Company footprint
                                   FIGURE 49 MARKET: OVERALL COMPANY FOOTPRINT
                       13.7.5.2 Product footprint
                                   TABLE 428 MARKET: PRODUCT FOOTPRINT
                       13.7.5.3 Application footprint
                                   TABLE 429 MARKET: APPLICATION FOOTPRINT
                       13.7.5.4 Vertical footprint
                                   TABLE 430 MARKET: VERTICAL FOOTPRINT
                       13.7.5.5 Regional footprint
                                   TABLE 431 MARKET: REGIONAL FOOTPRINT
     13.8 COMPANY EVALUATION MATRIX: START-UP/SMES 
             13.8.1 PROGRESSIVE COMPANIES
             13.8.2 RESPONSIVE COMPANIES
             13.8.3 DYNAMIC COMPANIES
             13.8.4 STARTING BLOCKS
                       FIGURE 50 FACIAL RECOGNITION MARKET: COMPANY EVALUATION MATRIX FOR START-UPS/SMES, 2023
             13.8.5 COMPETITIVE BENCHMARKING: START-UPS/SMES
                       13.8.5.1 Detailed list of key start-ups/SMEs
                                   TABLE 432 MARKET: KEY START-UPS/SMES
                       13.8.5.2 Competitive benchmarking of key start-ups/SMEs
                                   TABLE 433 MARKET: START-UPS/SMES VERTICAL FOOTPRINT
                                   TABLE 434 MARKET: START-UPS/SMES REGIONAL FOOTPRINT
     13.9 COMPETITIVE SCENARIO AND TRENDS 
             13.9.1 PRODUCT LAUNCHES
                       TABLE 435 MARKET: PRODUCT LAUNCHES, JANUARY 2021–FEBRUARY 2024
             13.9.2 DEALS
                       TABLE 436 FACIAL RECOGNITION MARKET: DEALS, JANUARY 2021–FEBRUARY 2024
 
14 COMPANY PROFILES (Page No. - 318)
     14.1 KEY PLAYERS 
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
             14.1.1 NEC
                       TABLE 437 NEC: COMPANY OVERVIEW
                       FIGURE 51 NEC: COMPANY SNAPSHOT
                       TABLE 438 NEC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 439 NEC: PRODUCT LAUNCHES
                       TABLE 440 NEC: DEALS
             14.1.2 MICROSOFT
                       TABLE 441 MICROSOFT: COMPANY OVERVIEW
                       FIGURE 52 MICROSOFT: COMPANY SNAPSHOT
                       TABLE 442 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 443 MICROSOFT: PRODUCT LAUNCHES
                       TABLE 444 MICROSOFT: DEALS
             14.1.3 THALES
                       TABLE 445 THALES: COMPANY OVERVIEW
                       FIGURE 53 THALES: COMPANY SNAPSHOT
                       TABLE 446 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 447 THALES: PRODUCT LAUNCHES
                       TABLE 448 THALES: DEALS
             14.1.4 AWS
                       TABLE 449 AWS: COMPANY OVERVIEW
                       FIGURE 54 AWS: COMPANY SNAPSHOT
                       TABLE 450 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 451 AWS: PRODUCT LAUNCHES
                       TABLE 452 AWS: DEALS
             14.1.5 IDEMIA
                       TABLE 453 IDEMIA: COMPANY OVERVIEW
                       TABLE 454 IDEMIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 455 IDEMIA: PRODUCT LAUNCHES
                       TABLE 456 IDEMIA: DEALS
             14.1.6 AWARE
                       TABLE 457 AWARE: COMPANY OVERVIEW
                       FIGURE 55 AWARE: COMPANY SNAPSHOT
                       TABLE 458 AWARE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 459 AWARE: PRODUCT LAUNCHES
                       TABLE 460 AWARE: DEALS
             14.1.7 DAON
                       TABLE 461 DAON: COMPANY OVERVIEW
                       TABLE 462 DAON: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 463 DAON: PRODUCT LAUNCHES
                       TABLE 464 DAON: DEALS
             14.1.8 MEGVII
                       TABLE 465 MEGVII: COMPANY OVERVIEW
                       TABLE 466 MEGVII: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 467 MEGVII: PRODUCT LAUNCHES
             14.1.9 FACEPHI
                       TABLE 468 FACEPHI: COMPANY OVERVIEW
                       FIGURE 56 FACEPHI: COMPANY SNAPSHOT
                       TABLE 469 FACEPHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 470 FACEPHI: PRODUCT LAUNCHES
                       TABLE 471 FACEPHI: DEALS
             14.1.10 HERTA SECURITY
                                   TABLE 472 HERTA SECURITY: COMPANY OVERVIEW
                                   TABLE 473 HERTA SECURITY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 474 HERTA SECURITY: PRODUCT LAUNCHES
             14.1.11 ONESPAN
                                   TABLE 475 ONESPAN: COMPANY OVERVIEW
                                   FIGURE 57 ONESPAN: COMPANY SNAPSHOT
                                   TABLE 476 ONESPAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 477 ONESPAN: PRODUCT LAUNCHES
                                   TABLE 478 ONESPAN: DEALS
             14.1.12 Q3 TECHNOLOGIES
                                   TABLE 479 Q3 TECHNOLOGIES: COMPANY OVERVIEW
                                   TABLE 480 Q3 TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             14.1.13 NEUROTECHNOLOGY
                                   TABLE 481 NEUROTECHNOLOGY: COMPANY OVERVIEW
                                   TABLE 482 NEUROTECHNOLOGY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 483 NEUROTECHNOLOGY: PRODUCT LAUNCHES
             14.1.14 COGNITEC SYSTEMS
                                   TABLE 484 COGNITEC SYSTEMS: COMPANY OVERVIEW
                                   TABLE 485 COGNITEC SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                                   TABLE 486 COGNITEC SYSTEMS: PRODUCT LAUNCHES
                                   TABLE 487 COGNITEC SYSTEMS: DEALS
     14.2 OTHER PLAYERS 
             14.2.1 AYONIX
             14.2.2 NVISO.AI
             14.2.3 FACEFIRST
             14.2.4 CLARIFAI
             14.2.5 IPROOV
             14.2.6 OOSTO
             14.2.7 VISAGE TECHNOLOGY
             14.2.8 PANGIAM
             14.2.9 CLEARVIEW AI
             14.2.10 CORSIGHT.AI
             14.2.11 FACIA
             14.2.12 VERIDIUM
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
 
15 ADJACENT MARKETS (Page No. - 383)
     15.1 INTRODUCTION TO ADJACENT MARKETS 
               TABLE 488 ADJACENT MARKETS AND FORECASTS
             15.1.1 LIMITATIONS
     15.2 EMOTION DETECTION AND RECOGNITION MARKET 
               TABLE 489 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
               TABLE 490 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
               TABLE 491 EMOTION DETECTION AND RECOGNITION MARKET, BY SOFTWARE, 2016–2021 (USD MILLION)
               TABLE 492 EMOTION DETECTION AND RECOGNITION MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)
               TABLE 493 EMOTION DETECTION AND RECOGNITION MARKET, BY APPLICATION AREA, 2016–2021 (USD MILLION)
               TABLE 494 EMOTION DETECTION AND RECOGNITION MARKET, BY APPLICATION AREA, 2022–2027 (USD MILLION)
               TABLE 495 EMOTION DETECTION AND RECOGNITION MARKET, BY END USER, 2016–2021 (USD MILLION)
               TABLE 496 EMOTION DETECTION AND RECOGNITION MARKET, BY END USER, 2022–2027 (USD MILLION)
               TABLE 497 EMOTION DETECTION AND RECOGNITION MARKET, BY VERTICAL, 2016–2021 (USD MILLION)
               TABLE 498 EMOTION DETECTION AND RECOGNITION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
               TABLE 499 EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2016–2021 (USD MILLION)
               TABLE 500 EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION)
     15.3 CONTACTLESS BIOMETRICS MARKET 
               TABLE 501 CONTACTLESS BIOMETRICS MARKET, BY OFFERING, 2018–2021 (USD MILLION)
               TABLE 502 CONTACTLESS BIOMETRICS MARKET, BY OFFERING, 2022–2027 (USD MILLION)
               TABLE 503 CONTACTLESS BIOMETRICS MARKET, BY APPLICATION, 2018–2021 (USD MILLION)
               TABLE 504 CONTACTLESS BIOMETRICS MARKET, BY APPLICATION, 2022–2027 (USD MILLION)
               TABLE 505 CONTACTLESS BIOMETRICS MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
               TABLE 506 CONTACTLESS BIOMETRICS MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
               TABLE 507 CONTACTLESS BIOMETRICS MARKET, BY REGION, 2018–2021 (USD MILLION)
               TABLE 508 CONTACTLESS BIOMETRICS MARKET, BY REGION, 2022–2027 (USD MILLION)
     15.4 BIOMETRICS-AS-A-SERVICE MARKET 
               TABLE 509 BIOMETRICS-AS-A-SERVICE MARKET, BY OFFERING, 2014–2019 (USD MILLION)
               TABLE 510 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET,  BY OFFERING, 2019–2025 (USD MILLION)
               TABLE 511 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY OFFERING, 2019–2025 (USD MILLION)
               TABLE 512 BIOMETRICS-AS-A-SERVICE SOLUTIONS MARKET, BY TYPE, 2014–2019 (USD MILLION)
               TABLE 513 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE SOLUTIONS MARKET, BY TYPE, 2019–2025 (USD MILLION)
               TABLE 514 POST-COVID-19: BIOMETRICS-AS-A-SERVICE SOLUTIONS MARKET, BY TYPE, 2019–2025 (USD MILLION)
               TABLE 515 BIOMETRICS-AS-A-SERVICE MARKET, BY TRAIT, 2014–2019 (USD MILLION)
               TABLE 516 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY TRAIT, 2019–2025 (USD MILLION)
               TABLE 517 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY TRAIT, 2019–2025 (USD MILLION)
               TABLE 518 BIOMETRICS-AS-A-SERVICE MARKET, BY MODALITY TYPE, 2014–2019 (USD MILLION)
               TABLE 519 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY MODALITY TYPE, 2019–2025 (USD MILLION)
               TABLE 520 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY MODALITY TYPE, 2019–2025 (USD MILLION)
               TABLE 521 BIOMETRICS-AS-A-SERVICE MARKET, BY ORGANIZATION SIZE, 2014–2019 (USD MILLION)
               TABLE 522 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION)
               TABLE 523 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY ORGANIZATION SIZE, 2019–2025 (USD MILLION)
               TABLE 524 BIOMETRICS-AS-A-SERVICE MARKET, BY VERTICAL, 2014–2019 (USD MILLION)
               TABLE 525 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY VERTICAL, 2019–2025 (USD MILLION)
               TABLE 526 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY VERTICAL, 2019–2025 (USD MILLION)
               TABLE 527 BIOMETRICS-AS-A-SERVICE MARKET, BY REGION, 2014–2019 (USD MILLION)
               TABLE 528 PRE-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY REGION, 2019–2025 (USD MILLION)
               TABLE 529 POST-COVID-19: BIOMETRICS-AS-A-SERVICE MARKET, BY REGION, 2019–2025 (USD MILLION)
 
16 APPENDIX (Page No. - 399)
     16.1 DISCUSSION GUIDE 
     16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     16.3 CUSTOMIZATION OPTIONS 
     16.4 RELATED REPORTS 
     16.5 AUTHOR DETAILS 

The research study involved four major activities in estimating the size of the facial recognition market. Exhaustive secondary research has been done to collect important information about the market and peer markets. The next step has been to validate these findings, assumptions, and sizing with the help of primary research with industry experts across the value chain. Both top-down and bottom-up approaches have been used to estimate the market size. Post which the market breakdown and data triangulation have been adopted to estimate the market sizes of segments and sub-segments.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information for the study. These included journals, annual reports, press releases, investor presentations of companies and white papers, certified publications, and articles from recognized associations and government publishing sources. Secondary research was mainly used to obtain key information about industry insights, the market's monetary chain, the overall pool of key players, market classification, and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from both market and technology-oriented perspectives.

Primary Research

In the primary research process, various primary sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for the report. The primary sources from the supply side included industry experts, such as Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), marketing directors, technology and innovation directors, and related key executives from various companies and organizations operating in the facial recognition market. The primary sources from the demand side included consultants/specialists, Chief Information Officers (CIOs), and subject-matter experts.

Facial Recognition  Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Multiple approaches were adopted to estimate and forecast the facial recognition market. The first approach involved estimating the market size by summating companies' revenue generated through facial recognition solutions.

Both top-down and bottom-up approaches were used to estimate and validate the total size of the facial recognition market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • Regarding value, the industry's supply chain and market size have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Market Size Estimation Methodology-Bottom-up approach

Facial Recognition  Market Bottom Up Approach

To know about the assumptions considered for the study, Request for Free Sample Report

Market Size Estimation Methodology-top-down approach

Facial Recognition  Market Top Down Approach

Data Triangulation

The data triangulation procedures were used to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from the demand and supply sides. Along with data triangulation and market breakdown, the market size was validated by the top-down and bottom-up approaches.

Market Definition

According to Thales, "Facial recognition is the process of identifying or verifying a person's identity using their face. It captures, analyzes, and compares patterns based on the person's facial details."

According to Aware Inc., "Facial recognition technology applies the science of biometrics to a user's facial features. Facial recognition algorithms create a biometric template by detecting and measuring various characteristics or feature points of human faces, including the location of the eyes, eyebrows, nose, mouth, chin, and ears."

According to Cognitec Systems, "facial recognition technology can detect people's faces in live video streams or video footage and store anonymous information for each person's appearance in front of a camera."

Key Stakeholders

  • Chief technology and data officers
  • Software and solution developers
  • Integration and deployment service providers
  • Business analysts
  • Information Technology (IT) professionals
  • Investors and venture capitalists
  • Third-party providers
  • Consultants/consultancies/advisory firms
  • Cyber-security firms

The main objectives of this study are as follows:

  • To define, describe, and forecast the facial recognition market based on segment By offering, organization size, deployment mode, applications, and vertical with regions covered.
  • To forecast the size of the market segments with respect to five regions: North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America.
  • To provide detailed information on the major factors (drivers, opportunities, threats, and challenges) influencing the growth of the market.
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the global market.
  • To analyze opportunities in the market for stakeholders by identifying high-growth segments of the global market.
  • To profile the key market players, such as top and emerging vendors; provide a comparative analysis based on their business overviews, product offerings, and business strategies; and illustrate the market's competitive landscape.
  • To track and analyze competitive developments in the market, such as new product launches, product enhancements, partnerships, acquisitions, and agreements and collaborations.

Available Customizations

With the given market data, MarketsandMarkets offers customizations per the company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

Request Customization
Report Code
TC 3421
Published ON
Feb, 2024
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Facial Recognition Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback