Harrisburg, NC -- (SBWire) -- 08/07/2018 --"Global 3D Facial Recognition Systems Market 2018-2022" presents an in-depth assessment of the 3D Facial Recognition Systems including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for 3D Facial Recognition Systems investments from 2018 till 2022.
Our analysts forecast the global 3D facial recognition systems market to grow at a CAGR of 36.07% during the period 2018-2022.
This report provides a detailed analysis of the 3D Facial Recognition Systems market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
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Essential points covered in Global 3D Facial Recognition Systems Market 2018 Research are:-
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the Global 3D Facial Recognition Systems market?
- What are the key market trends impacting the growth of the Global 3D Facial Recognition Systems market?
- What are the challenges to market growth?
- Who are the key vendors in the Global 3D Facial Recognition Systems market?
- What are the market opportunities and threats faced by the vendors in the Global 3D Facial Recognition Systems market?
- What are the key outcomes of the five forces analysis of the Global 3D Facial Recognition Systems market?
This independent 105 pages report guarantees you will remain better informed than your competition. With over 70 tables and figures examining the 3D Facial Recognition Systems market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader's market revenue forecasts as well as analysis to 2022.
Furthermore, the report provides a detailed analysis of the Global 3D Facial Recognition Systems market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.
The market is divided into the following segments based on geography: Americas, APAC, EMEA.
Companies Mentioned are: Animetrics, Artec Europe, IDEMIA, and Sensible Vision.
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MIR Announces the Publication of its Research Report: Global 3D Facial Recognition Systems Market 2018-2022
Commenting on the report, an analyst from MIR's team said: One trend in the market is face recognition using photo on social networking sites. Facebook has been the most widely used social network sites to upload personal information and photos. The features which enables a user to tag the photos has opened a new opportunity for human identification.
According to the report, one driver in the market is increasing adoption of 3D facial recognition in healthcare sector. 3D facial recognition is end-to-end electronic process that ensures customer convenience and compliance with security regulations such as Health Insurance Portability and Accountability Act (HIPAA).
Further, the report states that one challenge in the market is availability of advanced biometric readers. 3D facial recognition system is widely adopted in many sectors such as government, financial, transit, defense, and aviation because of its high accuracy rate. However, the growing popularity of other advanced biometric systems such as palm vein recognition and iris recognition systems are hampering the growth of the global 3D facial recognition systems market.
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 vendors.
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3D Facial Recognition Systems Market Projected to Grow at a CAGR of 36.07% by 2022