The Business Research Company’s Facial Recognition Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Facial Recognition Global Market Report 2023 evaluates facial recognition market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global facial recognition market size grew from $5.43 billion in 2022 to $6.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The facial recognition market size is expected to grow to $11.35 billion in 2027 at a CAGR of 16.0%.
The facial recognition market segments in the report are:
1) By Technology: 2D, 3D, Facial Analytics
2) By Application: Emotion Recognition, Attendance Tracking And Monitoring, Access Control, Security And Surveillance, Other Applications
3) By End User: Retail And E-commerce, Media And Entertainment, Banking, Financial Services And Insurance (BFSI), Automobile And Transportation, Telecom And Information Technology (IT), Government, Healthcare, Other End-Users
Get More Information On The Facial Recognition Market Report:
https://www.thebusinessresearchcompany.com/report/facial-recognition-global-market-report
The table of contents in TBRC’s facial recognition market report includes:
1. Executive Summary
2. Facial Recognition Market Characteristics
3. Facial Recognition Market Trends And Strategies
4. Impact Of COVID-19 On Facial Recognition Market
5. Facial Recognition Market Size And Growth
…
27. Competitive Landscape And Company Profiles Of The Facial Recognition Market
28. Key Mergers And Acquisitions Of The Facial Recognition Market
29. Future Outlook and Potential Analysis Of The Facial Recognition Market
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