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Face Recognition Device-Global Market Insights and Sales Trends 2024
Synopsis
A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance installations. The identification process is done by comparing the facial features extracted from an image with those previously stored in a facial database.
The global Face Recognition Device market size is expected to reach US$ 4161.5 million by 2029, growing at a CAGR of 17.5% from 2023 to 2029. The market is mainly driven by the significant applications of Face Recognition Device in various end use industries. The expanding demands from the Transportation, BFSI, Residential and Non-financial Enterprises, are propelling Face Recognition Device market. Access Control System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ticket Gates System segment is estimated at % CAGR for the next seven-year period.
Global Face Recognition Device key players include Cloudwalk, Dahua Technology, Face++, Insigma Group, etc. Global top four manufacturers hold a share about 35%.
APAC is the largest market, with a share over 50%, followed by Europe, and Americas, both have a share over 40 percent.
In terms of product, Access Control System is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Transportation, followed by Non-financial Enterprises, BFSI, Residential, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Face Recognition Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Face Recognition Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Face Recognition Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Face Recognition Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Face Recognition Device covered in this report include Cloudwalk, Dahua Technology, Aurora, Insigma Group, Face++, PCI, CMOLO, IDEMIA (France) and Anviz, etc.
The global Face Recognition Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cloudwalk
Dahua Technology
Aurora
Insigma Group
Face++
PCI
CMOLO
IDEMIA (France)
Anviz
Adatis GmbH&Co. KG
ColosseoEAS
Artec Group
EnterFace
IDTECK Co Ltd.
Bioenable
Global Face Recognition Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Face Recognition Device market, Segment by Type:
Access Control System
Ticket Gates System
Others
Global Face Recognition Device market, by Application
Transportation
BFSI
Residential
Non-financial Enterprises
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Face Recognition Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Face Recognition Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A facial recognition device stems from a purpose-built combination of high-end hardware components and efficient software to automatically identify or verify a person from a digital image, as required in several Security and Surveillance installations. The identification process is done by comparing the facial features extracted from an image with those previously stored in a facial database.
The global Face Recognition Device market size is expected to reach US$ 4161.5 million by 2029, growing at a CAGR of 17.5% from 2023 to 2029. The market is mainly driven by the significant applications of Face Recognition Device in various end use industries. The expanding demands from the Transportation, BFSI, Residential and Non-financial Enterprises, are propelling Face Recognition Device market. Access Control System, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Ticket Gates System segment is estimated at % CAGR for the next seven-year period.
Global Face Recognition Device key players include Cloudwalk, Dahua Technology, Face++, Insigma Group, etc. Global top four manufacturers hold a share about 35%.
APAC is the largest market, with a share over 50%, followed by Europe, and Americas, both have a share over 40 percent.
In terms of product, Access Control System is the largest segment, with a share nearly 65%. And in terms of application, the largest application is Transportation, followed by Non-financial Enterprises, BFSI, Residential, etc.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Face Recognition Device, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Face Recognition Device market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Face Recognition Device market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Face Recognition Device sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Face Recognition Device covered in this report include Cloudwalk, Dahua Technology, Aurora, Insigma Group, Face++, PCI, CMOLO, IDEMIA (France) and Anviz, etc.
The global Face Recognition Device market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Cloudwalk
Dahua Technology
Aurora
Insigma Group
Face++
PCI
CMOLO
IDEMIA (France)
Anviz
Adatis GmbH&Co. KG
ColosseoEAS
Artec Group
EnterFace
IDTECK Co Ltd.
Bioenable
Global Face Recognition Device market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Face Recognition Device market, Segment by Type:
Access Control System
Ticket Gates System
Others
Global Face Recognition Device market, by Application
Transportation
BFSI
Residential
Non-financial Enterprises
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Face Recognition Device manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Face Recognition Device in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Face Recognition Device Market Overview
1.1 Face Recognition Device Product Overview
1.2 Face Recognition Device Market Segment by Type
1.2.1 Access Control System
1.2.2 Ticket Gates System
1.2.3 Others
1.3 Global Face Recognition Device Market Size by Type
1.3.1 Global Face Recognition Device Market Size Overview by Type (2018-2029)
1.3.2 Global Face Recognition Device Historic Market Size Review by Type (2018-2023)
1.3.3 Global Face Recognition Device Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Face Recognition Device Sales Breakdown by Type (2018-2023)
1.4.2 Europe Face Recognition Device Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Face Recognition Device Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Face Recognition Device Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Face Recognition Device Sales Breakdown by Type (2018-2023)
2 Global Face Recognition Device Market Competition by Company
2.1 Global Top Players by Face Recognition Device Sales (2018-2023)
2.2 Global Top Players by Face Recognition Device Revenue (2018-2023)
2.3 Global Top Players by Face Recognition Device Price (2018-2023)
2.4 Global Top Manufacturers Face Recognition Device Manufacturing Base Distribution, Sales Area, Product Type
2.5 Face Recognition Device Market Competitive Situation and Trends
2.5.1 Face Recognition Device Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Face Recognition Device Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Face Recognition Device as of 2022)
2.7 Date of Key Manufacturers Enter into Face Recognition Device Market
2.8 Key Manufacturers Face Recognition Device Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Face Recognition Device Status and Outlook by Region
3.1 Global Face Recognition Device Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Face Recognition Device Historic Market Size by Region
3.2.1 Global Face Recognition Device Sales in Volume by Region (2018-2023)
3.2.2 Global Face Recognition Device Sales in Value by Region (2018-2023)
3.2.3 Global Face Recognition Device Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Face Recognition Device Forecasted Market Size by Region
3.3.1 Global Face Recognition Device Sales in Volume by Region (2024-2029)
3.3.2 Global Face Recognition Device Sales in Value by Region (2024-2029)
3.3.3 Global Face Recognition Device Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Face Recognition Device by Application
4.1 Face Recognition Device Market Segment by Application
4.1.1 Transportation
4.1.2 BFSI
4.1.3 Residential
4.1.4 Non-financial Enterprises
4.1.5 Others
4.2 Global Face Recognition Device Market Size by Application
4.2.1 Global Face Recognition Device Market Size Overview by Application (2018-2029)
4.2.2 Global Face Recognition Device Historic Market Size Review by Application (2018-2023)
4.2.3 Global Face Recognition Device Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Face Recognition Device Sales Breakdown by Application (2018-2023)
4.3.2 Europe Face Recognition Device Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Face Recognition Device Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Face Recognition Device Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Face Recognition Device Sales Breakdown by Application (2018-2023)
5 North America Face Recognition Device by Country
5.1 North America Face Recognition Device Historic Market Size by Country
5.1.1 North America Face Recognition Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Face Recognition Device Sales in Volume by Country (2018-2023)
5.1.3 North America Face Recognition Device Sales in Value by Country (2018-2023)
5.2 North America Face Recognition Device Forecasted Market Size by Country
5.2.1 North America Face Recognition Device Sales in Volume by Country (2024-2029)
5.2.2 North America Face Recognition Device Sales in Value by Country (2024-2029)
6 Europe Face Recognition Device by Country
6.1 Europe Face Recognition Device Historic Market Size by Country
6.1.1 Europe Face Recognition Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Face Recognition Device Sales in Volume by Country (2018-2023)
6.1.3 Europe Face Recognition Device Sales in Value by Country (2018-2023)
6.2 Europe Face Recognition Device Forecasted Market Size by Country
6.2.1 Europe Face Recognition Device Sales in Volume by Country (2024-2029)
6.2.2 Europe Face Recognition Device Sales in Value by Country (2024-2029)
7 Asia-Pacific Face Recognition Device by Region
7.1 Asia-Pacific Face Recognition Device Historic Market Size by Region
7.1.1 Asia-Pacific Face Recognition Device Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Face Recognition Device Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Face Recognition Device Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Face Recognition Device Forecasted Market Size by Region
7.2.1 Asia-Pacific Face Recognition Device Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Face Recognition Device Sales in Value by Region (2024-2029)
8 Latin America Face Recognition Device by Country
8.1 Latin America Face Recognition Device Historic Market Size by Country
8.1.1 Latin America Face Recognition Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Face Recognition Device Sales in Volume by Country (2018-2023)
8.1.3 Latin America Face Recognition Device Sales in Value by Country (2018-2023)
8.2 Latin America Face Recognition Device Forecasted Market Size by Country
8.2.1 Latin America Face Recognition Device Sales in Volume by Country (2024-2029)
8.2.2 Latin America Face Recognition Device Sales in Value by Country (2024-2029)
9 Middle East and Africa Face Recognition Device by Country
9.1 Middle East and Africa Face Recognition Device Historic Market Size by Country
9.1.1 Middle East and Africa Face Recognition Device Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Face Recognition Device Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Face Recognition Device Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Face Recognition Device Forecasted Market Size by Country
9.2.1 Middle East and Africa Face Recognition Device Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Face Recognition Device Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Cloudwalk
10.1.1 Cloudwalk Company Information
10.1.2 Cloudwalk Introduction and Business Overview
10.1.3 Cloudwalk Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Cloudwalk Face Recognition Device Products Offered
10.1.5 Cloudwalk Recent Development
10.2 Dahua Technology
10.2.1 Dahua Technology Company Information
10.2.2 Dahua Technology Introduction and Business Overview
10.2.3 Dahua Technology Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Dahua Technology Face Recognition Device Products Offered
10.2.5 Dahua Technology Recent Development
10.3 Aurora
10.3.1 Aurora Company Information
10.3.2 Aurora Introduction and Business Overview
10.3.3 Aurora Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Aurora Face Recognition Device Products Offered
10.3.5 Aurora Recent Development
10.4 Insigma Group
10.4.1 Insigma Group Company Information
10.4.2 Insigma Group Introduction and Business Overview
10.4.3 Insigma Group Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Insigma Group Face Recognition Device Products Offered
10.4.5 Insigma Group Recent Development
10.5 Face++
10.5.1 Face++ Company Information
10.5.2 Face++ Introduction and Business Overview
10.5.3 Face++ Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Face++ Face Recognition Device Products Offered
10.5.5 Face++ Recent Development
10.6 PCI
10.6.1 PCI Company Information
10.6.2 PCI Introduction and Business Overview
10.6.3 PCI Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.6.4 PCI Face Recognition Device Products Offered
10.6.5 PCI Recent Development
10.7 CMOLO
10.7.1 CMOLO Company Information
10.7.2 CMOLO Introduction and Business Overview
10.7.3 CMOLO Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CMOLO Face Recognition Device Products Offered
10.7.5 CMOLO Recent Development
10.8 IDEMIA (France)
10.8.1 IDEMIA (France) Company Information
10.8.2 IDEMIA (France) Introduction and Business Overview
10.8.3 IDEMIA (France) Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.8.4 IDEMIA (France) Face Recognition Device Products Offered
10.8.5 IDEMIA (France) Recent Development
10.9 Anviz
10.9.1 Anviz Company Information
10.9.2 Anviz Introduction and Business Overview
10.9.3 Anviz Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Anviz Face Recognition Device Products Offered
10.9.5 Anviz Recent Development
10.10 Adatis GmbH&Co. KG
10.10.1 Adatis GmbH&Co. KG Company Information
10.10.2 Adatis GmbH&Co. KG Introduction and Business Overview
10.10.3 Adatis GmbH&Co. KG Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Adatis GmbH&Co. KG Face Recognition Device Products Offered
10.10.5 Adatis GmbH&Co. KG Recent Development
10.11 ColosseoEAS
10.11.1 ColosseoEAS Company Information
10.11.2 ColosseoEAS Introduction and Business Overview
10.11.3 ColosseoEAS Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.11.4 ColosseoEAS Face Recognition Device Products Offered
10.11.5 ColosseoEAS Recent Development
10.12 Artec Group
10.12.1 Artec Group Company Information
10.12.2 Artec Group Introduction and Business Overview
10.12.3 Artec Group Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Artec Group Face Recognition Device Products Offered
10.12.5 Artec Group Recent Development
10.13 EnterFace
10.13.1 EnterFace Company Information
10.13.2 EnterFace Introduction and Business Overview
10.13.3 EnterFace Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.13.4 EnterFace Face Recognition Device Products Offered
10.13.5 EnterFace Recent Development
10.14 IDTECK Co Ltd.
10.14.1 IDTECK Co Ltd. Company Information
10.14.2 IDTECK Co Ltd. Introduction and Business Overview
10.14.3 IDTECK Co Ltd. Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.14.4 IDTECK Co Ltd. Face Recognition Device Products Offered
10.14.5 IDTECK Co Ltd. Recent Development
10.15 Bioenable
10.15.1 Bioenable Company Information
10.15.2 Bioenable Introduction and Business Overview
10.15.3 Bioenable Face Recognition Device Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bioenable Face Recognition Device Products Offered
10.15.5 Bioenable Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Face Recognition Device Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Face Recognition Device Industrial Chain Analysis
11.4 Face Recognition Device Market Dynamics
11.4.1 Face Recognition Device Industry Trends
11.4.2 Face Recognition Device Market Drivers
11.4.3 Face Recognition Device Market Challenges
11.4.4 Face Recognition Device Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Face Recognition Device Distributors
12.3 Face Recognition Device Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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