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Facial Recognition Market to See Increasing Competition | Vakef, NEC, Animatrix
BlogInnovazione.it 2023-04-04
Facial recognition
The facial recognition market will grow in volume and value, increasing competition among market players. This is revealed from a market analysis conducted by HTF Market Intelligence.
According to HTF Market Intelligence, the global facial recognition market will register a CAGR of 15.4% during the forecast period 2023-2028.


The facial recognition (ein) market size is projected to grow to $12.91 billion at a CAGR of india rcs data 15.4% from 2023 to 2028. The report includes historical market data from 2017 to 2022. Currently, the market value is $3.83 billion.

Face Recognition Market Insights 2023-2028 has over 150 pages, with self-explanatory tables and charts. The study presents new trends, drivers, restraints, emerging opportunities and stakeholders involved in the market. The growth of the facial recognition market is primarily driven by increasing R&D spending, however the latest scenario and economic slowdown have changed the market dynamics. Aware (US), NEC (Japan), Animatrix (US), Kielman SA (Switzerland), Gemalto (Netherlands), Panasonic Corporation (Japan), Ionix Face Technologies (Japan), Cognitik Systems GmbH (Germany), NVISO SA (Switzerland), Daon (USA), StereoVision Imaging (United States)