(MoneyNewsWire.Net, August 17, 2016 ) Description-
About Facial Recognition
Facial recognition is a biometrics software technology that is used for individual identification and authentication. The identification and authentication process is carried out by comparing an individual's facial features, which are extracted from an image, with those stored in a database. Facial Recognition is used in the government, BFSI, and defense sectors for preventing unauthorized access to high-security areas as well as other private and public buildings.
Technavios analysts forecast the global facial recognition market to grow at a CAGR of 23.74% during the period 2016-2020.
To Free Sample Report With TOC @ http://www.researchmoz.us/enquiry.php?type=S&repid=527187 Covered in this report The report covers the present scenario and the growth prospects of the global facial recognition market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of biometric solutions, including hardware, software, integrated solutions, and services related to facial recognition systems.
The market is divided into the following segments based on end-user: Government Transportation BFSI Others
Technavio's report, Global Facial Recognition market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors 3M Cogent Cognitec Systems Gemalto NEC Safran
To Enquire Regarding This Report @ http://www.researchmoz.us/enquiry.php?type=E&repid=527187
Other prominent vendors ArcSoft Aurora Computer Services Aware FaceFirst Fulcrum Biometrics Google Imagus Technology KeyLemon Lathem Time Luxand Netatmo XID Technologies
Market driver Emergence of residential and commercial security systems For a full, detailed list, view our report
Market challenge Privacy issues For a full, detailed list, view our report
Market trend Shift from 2D to 3D facial recognition For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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