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Global Face Recognition Device Market Growth Analysis and 2023 Forecast
by barbararawlings7875 · October 3, 2018
Global Face Recognition Device Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023 Provides in-depth analysis of parent market trends Ricardo Quaresma Portugal Jersey , macro-economic indicators and governing factors along with market attractiveness as per segments.
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 Ricardo Carvalho Portugal Jersey , 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 Renato Sanches Portugal Jersey , 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 Raphael Guerreiro Portugal Jersey , with a CAGR of 29.53% during 2018-2023 largely owing to the publishment of A Next Generation Artificial Intelligence Development Plan.
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