The North America facial recognition market is evaluated to harbor a CAGR of 8.39%, during the forecast years of 2019 to 2028. The implementation of facial recognition technology to identify financial fraud suspects, and the rising incidence of terror attacks in recent years is attributed to the region’s market growth. The North America facial recognition market growth is assessed across the United States and Canada. Like Chicago, several cities in the United States are utilizing surveillance cameras equipped with facial recognition technology to track people, especially in public spaces.

NORTH AMERICA FACIAL RECOGNITION MARKET FORECAST 2019-2028

North America Facial Recognition Market by Technology (3d Facial Recognition, 2d Facial Recognition, Facial Analytics) by End-user (Security and Law Enforcement, Healthcare, Retail, Other End-users) and by Geography.

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The North America facial recognition market is evaluated to harbor a CAGR of 8.39%, during the forecast years of 2019 to 2028. The implementation of facial recognition technology to identify financial fraud suspects, and the rising incidence of terror attacks in recent years is attributed to the region’s market growth.
north-america-facial-recognition-market

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The North America facial recognition market growth is assessed across the United States and Canada. Like Chicago, several cities in the United States are utilizing surveillance cameras equipped with facial recognition technology to track people, especially in public spaces. The country’s federal government has also implemented facial recognition to identify financial fraud suspects and criminals. Moreover, rising terror attacks in recent years have compelled the region’s governments to facilitate powerful security strategies, with the most extensive system in the country operated by the Federal Bureau of Investigation (FBI). The FBI’s identification system comprises a facial recognition database with images of over 117 million American citizens. Besides, on average, the FBI conducts over 4,000 searches every month to identify people using facial recognition technology.

Additionally, the United States Customs and Border protection uses a facial recognition system to identify and stop criminals and terrorists at the country’s border. The recognition process entails the comparison biometric system looking at travelers and matching them to the photograph in the passports.

Facefirst Inc, headquartered in Westlake Village, California, manufactures a face recognition software system used to detect individuals like shoplifters, terrorists, and criminals, among others. The enterprise operates by matching a person’s face to the images on the proprietary database. Consequently, the system sends immediate alerts to allocated authorities who then take the necessary action.

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. MARKET DYNAMICS
      • MARKET DEFINITION
      •    KEY DRIVERS
        • GROWING NEED FOR SURVEILLANCE SYSTEMS TO ENHANCE SAFETY AND SECURITY
        • INCREASING ADOPTION OF FACIAL RECOGNITION IN CONSUMER ELECTRONICS SECTOR
        • TECHNOLOGY ADVANCEMENTS IN RECOGNITION SYSTEMS
      •    KEY RESTRAINTS
        • PRIVACY ISSUES
        • HIGH ERROR RATES
        • LACK OF ESTABLISHED INTERNATIONAL STANDARDS
    1. KEY ANALYTICS
      • KEY INVESTMENT INSIGHTS
      •    PORTER’S FIVE FORCE ANALYSIS
        • BUYER POWER
        • SUPPLIER POWER
        • SUBSTITUTION
        • NEW ENTRANTS
        • INDUSTRY RIVALRY
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    2. MARKET BY TECHNOLOGY
      • 3D FACIAL RECOGNITION
      • 2D FACIAL RECOGNITION
      • FACIAL ANALYTICS
    3. MARKET BY END-USER
      • SECURITY AND LAW ENFORCEMENT
      • HEALTHCARE
      • RETAIL
      • OTHER END-USERS
    4. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. COMPANY PROFILES
      • 3M
      • COGNITEC SYSTEMS GMBH
      • NEC CORPORATION
      • FACEFIRST INC
      • NUANCE COMMUNICATIONS INC
      • CROSSMATCH
      • ANIMETRICS INC
      • DAON INC
      • PANASONIC CORPORATION
      • GEMALTO NV (THALES GROUP)
      • AWARE INC
      • FACEPHI BIOMETRIC SA
      • AYONIX CORPORATION
      • IDEMIA FRANCE SAS
      • FUJITSU

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT – FACIAL RECOGNITION

    TABLE 2: NORTH AMERICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 3: NORTH AMERICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA FACIAL RECOGNITION MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 5: NORTH AMERICA FACIAL RECOGNITION MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)

    TABLE 7: NORTH AMERICA FACIAL RECOGNITION MARKET, BY COUNTRY, FORECAST YEARS, 2019-2028 (IN $ MILLION)

    FIGURE LIST 

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA FACIAL RECOGNITION MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2019

    FIGURE 6: NORTH AMERICA FACIAL RECOGNITION MARKET, BY 3D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA FACIAL RECOGNITION MARKET, BY 2D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA FACIAL RECOGNITION MARKET, BY FACIAL ANALYTICS, 2019-2028 (IN $ MILLION)

    FIGURE 9: NORTH AMERICA FACIAL RECOGNITION MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019

    FIGURE 10: NORTH AMERICA FACIAL RECOGNITION MARKET, BY SECURITY AND LAW ENFORCEMENT, 2019-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA FACIAL RECOGNITION MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA FACIAL RECOGNITION MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA FACIAL RECOGNITION MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)

    FIGURE 14: NORTH AMERICA FACIAL RECOGNITION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

    FIGURE 15: UNITED STATES FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)

    FIGURE 16: CANADA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • UNITED STATES
        • CANADA
    1. MARKET BY TECHNOLOGY
      • 3D FACIAL RECOGNITION
      • 2D FACIAL RECOGNITION
      • FACIAL ANALYTICS
    2. MARKET BY END-USER
      • SECURITY AND LAW ENFORCEMENT
      • HEALTHCARE
      • RETAIL
      • OTHER END-USERS

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