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Download Free sampleThe global Facial Recognition Devices market was valued at US$ 4494.1 million in 2022 and is projected to reach US$ 10950 million by 2029, at a CAGR of 13.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Facial Recognition Devices Market aims to provide a comprehensive presentation of the global market for Facial Recognition Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Facial Recognition Devices. Facial Recognition Devices Market contains market size and forecasts of Facial Recognition Devices in global, including the following market information:
Global Facial Recognition Devices Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Facial Recognition Devices Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Facial Recognition Devices companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Handheld Devices Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Facial Recognition Devices include Cloudwalk, Aurora, Insigma Group, Herta, IDTECK Co Ltd., Artec Group, CMOLO, Anviz and Adatis GmbH&Co. KG, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Facial Recognition Devices manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
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