Marktanalyse - Global Facial Recognition Market 2011-2014

TechNavio’s analysts forecast the Global Facial Recognition market to grow at a CAGR of 29.4 percent over the period 2011—2014. One of the key factors contributing to this market growth is the enhanced performance of facial recognition technology. The Global Facial Recognition market has also been witnessing improved facial recognition technology performance. However, the high cost of facial recognition technology could pose a challenge to the growth of this market.

TechNavio’s report, Global Facial Recognition Market 2011-2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Facial Recognition market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors dominating this market space include Morpho, NEC Corp. and Cognitec Systems GmbH.

Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?


Press Release:

TechNavio Announces the Publication of its Report — Global Facial Recognition Market 2011-2014
TechNavio today launched its report Global Facial Recognition Market 2011-2014 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the key trends impacting this regional market.

Commenting on the report, an analyst from TechNavio’s IT Security team said, 'Recent terror attacks and constant threats to safety have created an urgent need for advanced security solutions. Facial recognition technology is one of the fastest-growing technologies within biometric technologies. It is used in a wide range of applications such as Verification, Identity, and Access control. With the emergence of 3D technology, it is fast evolving as one of the most preferred solutions.”

According to the report, emerging markets such as retail and social networking sites are increasing the adoption of facial recognition technology. In the Retail sector, companies scan consumers’ faces to determine approximate age and gender, and a list of products are displayed on the interface based on the shopper’s specific profile.

The report also discusses key challenges impacting this market including the high cost of this technology.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.

TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies.

01. Executive Summary

02. Introduction

03. Market Coverage

04. Market Landscape

05. Vendor Landscape

06. Buying Criteria

07. Market Growth Drivers

08. Drivers and their Impact

09. Market Challenges

10. Market Trends

11. Key Vendor Analysis

11.1 Morpho

11.2 NEC Corp.

11.3 Cognitec Systems GmbH

12. Other Reports in this Series



List of Exhibits:

Exhibit 1: Global Facial Recognition Market 2010 —2014 (US$ million)

Exhibit 2: Global Facial Recognition Market by Geographical Segmentation 2010

Exhibit 3: Global Facial Recognition Market by Vendor Segmentation 2010

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