2018 Global Face Recognition Device Market Research Report by Manufactures and Region

(IT-NEWSWIRE.COM, October 03, 2018 ) Global Face Recognition Device Market 2018-2023

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.

Scope of the Global Face Recognition Device Market Report

This report focuses on the Face Recognition Device in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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The worldwide market for Face Recognition Device is expected to grow at a CAGR of roughly 27.3% over the next five years, will reach 4540 million US$ in 2023, from 1070 million US$ in 2017, according to a new GIR (Global Info Research) study.

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.

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This report covers Analysis of Global Face Recognition Device Market Segment by Manufacturers

Cloudwalk
Aurora
Insigma Group
Herta
IDTECK Co Ltd.
Artec Group
CMOLO
Anviz
Adatis GmbH?Co. KG
IDEMIA (France)
EnterFace
SenseTime
ColosseoEAS
Cognitec Systems
Bioenable

Global Face Recognition Device Market Segment by regional analysis covers

North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Global Face Recognition Device Market Segment by Type

Handheld Devices
Fixed Devices

Global Face Recognition Device Market Segment by Applications, can be divided into

Security and Protection
Transportation
BFSI
Others

Some of the Points cover in Global Face Recognition Device Market Research Report is:

Chapter 1: Describe Face Recognition Device Industry

Introduction,
Product Scope,
Market Overview,
Market Opportunities,
Market Risk,
Market Driving Force
Chapter 2: To analyze the top manufacturers of Face Recognition Device Industry in 2016 and 2017

Sales
Revenue and price
Chapter 3: Competitive analysis among the top manufacturers in 2016 and 2017

Sales
Revenue and market share
Chapter 4: Global Face Recognition Device Market by regions from 2013 to 2018

Sales
Revenue and market share
Chapter 5, 6, 7 and 8: Global Face Recognition Device Market by key countries in these regions

Sales
Revenue and market share
Chapter 9 and 10: Global Face Recognition Device Market by type and application from 2013 to 2018

Sales
Revenue and market share
Growth rate
Chapter 11:Face Recognition Device Industry Market forecast from 2018 to 2023

Regions
Type and application with sales and revenue
Chapter 12 and 13:Face Recognition Device Industry

Sales channel
Distributors
Traders and dealers
Appendix
Data source
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2018 Global Face Recognition Device Market Research Report by Manufactures and Region