Global Market Size of Facial Recognition Market – 10 Year Market Forecast

ICT

Facial Recognition Market Size Forecast 2022-2029

Facial Recognition is estimated to have a market value of USD 6.95 Billion in the year 2022 and is expected to rise to USD 21.76 Billion by the year 2029, giving a CAGR of 18%. The Growing importance of the surveillance industry and increasing investments in facial recognition are expected to drive the market towards growth. However, facial occlusion and face detention error could hamper the growth of this market.

Facial Recognition Market Size of United States

Facial Recognition Market Analysis of United Kingdom

Facial Recognition Market Trends of Germany

Facial Recognition Market Forecast of France

Facial Recognition Market Growth of Italy

Market Size of Facial Recognition in Poland

Market Analysis of Facial Recognition in Switzerland

Market Trends of Facial Recognition in Sweden

Market Forecast of Facial Recognition in Spain

Market Growth of Facial Recognition Netherland

Belgium Facial Recognition Market

Finland Facial Recognition Market

Japan Facial Recognition Market

South Korea Facial Recognition Market

China Facial Recognition Market

Facial Recognition Market Size of Russia

Facial Recognition Market Analysis of Malaysia

Facial Recognition Market Trends of Singapore

Facial Recognition Market Forecast of India

Facial Recognition Market Growth of Brazil

Market segments - Facial Recognition Market

By Component
– 2D Facial Recognition
– 3D Facial Recognition
– Facial Analytics
– Training and Consulting
– Cloud-Based Facial Recognition
By Region
– North America
– Europe
– APAC
– Middle East
– ROW
By Vertical
– BFSI
– Government and Defence
– Retail and Ecommerce
– Healthcare
– Education
– Automotive
– Others

Global Market size of Facial Recognition Market 2022 6.95
Global Market size of Facial Recognition Market 2029 21.76
Cumulative Market Size of the Facial Recognition Market 125
Global Market Growth of Facial Recognition Market (CAGR) 18%

Frequently Asked Questions(FAQ)

  • What is the CAGR for this market?

  • The CAGR for this market is 18%.
  • What is the cumulative market size of this market?

  • The cumulative market size of this market is 125.
  • What is the estimated market size of this market for the year 2022?

  • The estimated market size of this market for the year 2022 is USD 8.91 Billion.
  • What is the estimated market size of this market for the year 2029?

  • The estimated market size of this market for the year 2029 is USD 21.76 Billion.
  • What is Global Market Database?

  • Global Market Database is a cloud based market research and intelligence tool that provides up to date market information about 600+ markets.

Global Market Size of Facial Recognition Market – 10 Year Market Forecast

Release date
Jan 1970

Region
Global

Countries Covered
The countries covered are US, UK, Germany, France, Italy, Poland, Switzerland, Sweden, Spain, Netherlands, Belgium, Finland. Japan, South Korea, China, Russia, Malaysia, Singapore, India, Brazil.

Supplementary notes
The regions covered are North America, Europe, APAC & ROW.


Buy now Enquire Before Buy Request Demo Pricing

Related Markets

  • English
  • French
  • Spanish
  • German
  • choose your plan

  • AccessAccess
  • LoginLogin
  • Industries CoveredIndustries Covered
  • On Demand MarketOn Demand Market
  • Validity of LoginValidity of Login
  • Downloadable reportDownloadable report
  • Plan 1

  • $5000

    Annual

  • Access50 Datasets
  • Login1
  • Industries Covered1
  • On Demand Market1
  • Validity of LoginAnnual or Limited
  • Downloadable report
  • Plan 2

  • $10000

    Annual

  • Access100 Datasets
  • Login1
  • Industries Covered2
  • On Demand Market2
  • Validity of LoginAnnual or Limited
  • Downloadable report
  • Plan 3

  • $15000

    Annual

  • Access250 Datasets
  • Login2
  • Industries Covered4
  • On Demand Market5
  • Validity of LoginAnnual or Limited
  • Downloadable report
  • Plan 4

  • $25000

    Annual

  • AccessUnlimited
  • Login3
  • Industries CoveredAll 12 Industries
  • On Demand Market10
  • Validity of LoginUnlimited Annual
  • Downloadable report