Report Description

Global Facial Recognition Market By Component (Software & Services), By Software Type (2D, 3D & Thermal Face Recognition), By End Use Sector (Government & Transportation, Military & Defense, etc), By Region, Competition Forecast & Opportunities, 2023

  • Publish Date:July, 2018
  • Format : PDF
  • Pages : 141
  • Industry : ICT

Global facial recognition market stood at around $ 2.9 billion in 2017 and is expected to grow at a CAGR of 13% by 2023, on account of growing criminal activities and increasing need for enhanced monitoring and surveillance. Moreover, rising awareness about the benefits of facial recognition and growing implementation by the commercial sector is further expected to push the demand for facial recognition technology in the coming years. Government, transportation and military & defense are the largest contributors to the global facial recognition market as these end use sectors are adopting facial recognition for real time identification of criminals and to provide more secure environment. Additionally, huge National ID Programs like ‘Aadhaar’ in India are also boosting the face recognition market as they involve recording the facial biometrics of individuals as well.  

Years considered for this report:

Historical Year: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2019–2023

 Objective of the Study:

  • To analyze and forecast the market size of global facial recognition market.
  • To define, classify and forecast the global facial recognition market on the basis of component, software, end users and region.
  • To assess the detailed market segmentation and forecast the market size, in terms of value, by segmenting the global facial recognition market into regions, namely – North America, Europe, Asia-Pacific, Middle East & Africa and South America.
  • To identify the tailwinds and headwinds for the global facial recognition market.
  • To identify the drivers and challenges for global facial recognition market.
  • To strategically profile leading players in the market which are driving the innovation and technological advancements in the global facial recognition market.  


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Global facial recognition market is controlled by these major players, namely NEC Corporation, Idemia, Gemalto NV, Ayonix Corporation, Cognitec Systems GmbH, Aware, INC., Daon, Inc., Neurotechnology, Herta Security, and Keylemon SA.  

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading global facial recognition companies. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include the providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the global facial recognition offerings and presence of all major facial recognition companies, globally.

TechSci Research calculated the market size for the global facial recognition using a bottom-up approach, where data for different components (Software & Services) was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications. Various secondary sources such as company website, annual reports, press releases, etc., were also studied by TechSci Research.


Key Target Audience:

  • Global facial recognition technology providers, system integrators and other stakeholders
  • Associations, organizations, forums and alliances related to facial recognition technology
  • Government bodies such as regulating authorities and policy makers
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as global facial recognition technology and solution providers and other stakeholders. The report insights would allow them in strategizing investments and capitalizing on emerging market opportunities.

Report Scope:

In this report, the global facial recognition market has been segmented into the following categories in addition to the industry trends which have also been detailed below:

  • Market, by Component:
    • Software
    • Services
  • Market, by Software Types:
    • 3D Facial Recognition
    • 2D Facial Recognition
    • Thermal Face Recognition
  • Market, by End Users:
    • Government & Transportation
    • Military & Defense
    • BFSI
    • Retail
    • Hospitality
    • Others
  • Market, by Region:
    • North America
    • Europe
    • Asia-Pacific
    • Retail
    • Hospitality
    • Others

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global facial recognition market.

Available Customizations:

With the given market data, TechSci Research offers customization according to a company’s specific needs. The following customization options are available for the report:

Customer Profiling

  • Detailed analysis and profiling of additional market players (up to five)

In case of you can’t find what you are looking for then please get in touch with our custom research team at sales@techsciresearch.com

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