PUBLISHER: TechNavio | PRODUCT CODE: 1908289
PUBLISHER: TechNavio | PRODUCT CODE: 1908289
The global facial recognition market is forecasted to grow by USD 20369.7 mn during 2025-2030, accelerating at a CAGR of 25.5% during the forecast period. The report on the global facial recognition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing instances of identity threats, rising popularity of facial recognition, adoption of 3d facial recognition technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 21.2% |
| CAGR | 25.5% |
| Incremental Value | $20369.7 mn |
Technavio's global facial recognition market is segmented as below:
By Application
By Technology
By End-User
Geography
This study identifies the technological advances and emergence of facial analytics as one of the prime reasons driving the global facial recognition market growth during the next few years. Also, increasing adoption of multimodal biometric systems and facial recognition using photos on social networking sites will lead to sizable demand in the market.
The report on the global facial recognition market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global facial recognition market vendors that include Amazon Web Services Inc., ASSA ABLOY AB, Aware Inc., Ayonix Pty Ltd., Cognitec Systems GmbH, Daon Inc., Facebanx, FaceFirst Inc., Fujitsu Ltd., IDEMIA France SAS, Ipsidy Inc., Luxand Inc., NEC Corp., Precise Biometrics AB, Safran SA, Suprema Inc., Synaptics Inc., Thales Group, Veridium IP Ltd.. Also, the global facial recognition market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.