Edison, NJ -- (SBWire) -- 01/30/2019 --HTF MI released a new market study on Global Face Recognition Device Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Face Recognition Device Forecast till 2025*. Some are the key players taken under coverage for this study are Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH?Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems & Bioenable.
Click to get Global Face Recognition Device Market Research Sample PDF Copy Here @: https://www.htfmarketreport.com/sample-report/1404820-global-face-recognition-device-market-4
#Summary:
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
As for the global Face Recognition Device industry, the industry structure is relatively dispensable. The top three manufacturers have 20.37% revenue market share in 2017. The China giant Cloudwalk, which has 12.88% market share in 2017, is the leader in the Face Recognition Device industry. The manufacturers following Cloudwalk are Aurora and Insigma Group, which respectively has 4.18% and 3.31% market share globally.
Plus, China is the largest consumption area, accounting for 29.29% in 2017, and will reach 44.59% in 2023, with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
The downstream industries of Face Recognition Device are government, banking and finance, travel, migration and criminal. In the recent years, with the rising awareness of security, the enlargement of commercial spending and unsolved high rate of criminal, the consumption increase of Face Recognition Device will be obvious. There is a huge potential need for the Face Recognition Device. In the foreseeable future, the Face Recognition Device will show an optimistic upward trend.
Although sales of Face Recognition Device bring a lot of opportunities, the study group recommends the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the Face Recognition field hastily.
The Face Recognition Device market was valued at 1070 Million US$ in 2017 and is projected to reach 7110 Million US$ by 2025, at a CAGR of 26.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Face Recognition Device.
Important Features that are under offering & key highlights of the report :
1) What all companies are currently profiled in the report?
Following are list of players that are currently profiled in the the report "Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH?Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems & Bioenable"
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) Can we add or profiled new company as per our need?
Yes, we can add or profile new company as per client need in the report. Final confirmation to be provided by research team depending upon the difficulty of survey.
** Data availability will be confirmed by research in case of privately held company. Upto 3 players can be added at no added cost.
3) What all regional segmentation covered? Can specific country of interest be added?
Currently, research report gives special attention and focus on following regions:
United States, Europe, China, Japan, South Korea & Other Regions
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary.
4) Can inclusion of additional Segmentation / Market breakdown is possible?
Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.
** Depending upon the requirement the deliverable time and quote will vary.
Enquire for customization in Report @ https://www.htfmarketreport.com/enquiry-before-buy/1404820-global-face-recognition-device-market-4
To comprehend Global Face Recognition Device market dynamics in the world mainly, the worldwide Face Recognition Device market is analyzed across major global regions. HTF MI also provides customized specific regional and country-level reports for the following areas.
- North America: United States, Canada, and Mexico.
- South & Central America: Argentina, Chile, and Brazil.
- Middle East & Africa: Saudi Arabia, UAE, Turkey, Egypt and South Africa.
- Europe: UK, France, Italy, Germany, Spain, and Russia.
- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Singapore, and Australia.
2-Page profiles for 10+ leading manufacturers and 10+ leading retailers is included, along with 3 years financial history to illustrate the recent performance of the market. Revised and updated discussion for 2018 of key macro and micro market influences impacting the sector are provided with a thought-provoking qualitative comment on future opportunities and threats. This report combines the best of both statistically relevant quantitative data from the industry, coupled with relevant and insightful qualitative comment and analysis.
Global Face Recognition Device Product Types In-Depth: , Handheld Devices & Fixed Devices
Global Face Recognition Device Major Applications/End users: Security and Protection, Transportation, BFSI & Others
Geographical Analysis: United States, Europe, China, Japan, South Korea & Other Regions
In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz, Adatis GmbH?Co. KG, IDEMIA (France), EnterFace, SenseTime, ColosseoEAS, Cognitec Systems & Bioenable includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.
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In this study, the years considered to estimate the market size of Global Face Recognition Device are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Key Stakeholders/Global Reports:
Face Recognition Device Manufacturers
Face Recognition Device Distributors/Traders/Wholesalers
Face Recognition Device Subcomponent Manufacturers
Industry Association
Downstream Vendors
Browse for Full Report at @: https://www.htfmarketreport.com/reports/1404820-global-face-recognition-device-market-4
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
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