Europe Facial Recognition Market – Industry Analysis and Market Forecast (2019-2026) _ by Component, by Technology, by Use Case, by End-Use, and by Geography

Europe Facial Recognition Market is expected to reach US$ 1.86 Bn. by 2026, at a CAGR of 16.9% during the forecast period.

The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.



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Facial recognition is a special biometric software application that is capable of uniquely identifying or verifying any person by comparing and investigating patterns established on the basis of person's facial contours. The facial recognition is commonly used for security purposes, where there is cumulative interest across other areas of use. In fact, the facial recognition technology has received significant attention worldwide, which has a potential for numerous application that is related to various law enforcement or other enterprises. Different kind of facial recognition techniques are in use, comprising of the generalized matching face detection method and at times the adaptive regional blend matching method.

The Europe market for facial recognition is segmented into a component, technology, use case, end-use, and geography. Based on a component, the market is divided into software tools, and services. The technology segment for the market includes middleware, facial recognition software, and sdk, databases, analytics solution, modeling and restructuring. By use case, the facial recognition market is divided into access control, emotion recognition, law enforcement, attendance tracking and monitoring. Enterprises, Government, and Others have formed the various end-use areas for facial recognition market.

The increasing government deployment and applications across numerous industry verticals may act as some of the major drivers for the growth of the facial recognition market. However, misinterpretation of emotions may hinder the market as per the researchers. The big data intelligence solution is normally centered on facial recognition. It’s mostly designed to trawl through extremely large amounts of data having group segments that are based on the depicted people. Countries such as the UK, and Germany, are using the police and intelligence agencies, to go through evidence from different sources stretching from confiscated smartphones to CCTV cameras for finding the designated persons.

Facial recognition technology in Europe has emerged as a smart solution to address existing needs related to identification along with the verification of identity claims. This technology helps in bringing together the potential of biometric systems that attempt to tie identity with individually distinguishing features of the body, along with the more familiar functionality of normal visual surveillance systems. German Interior Ministry wants to install these facial recognition video surveillance all over the country's airports as well as train stations for identifying the people that may pose risks to the country’s security.

UK, Germany, and France are a few key countries that are contributing to the technological development and application of facial recognition market in Europe. Applications across numerous verticals with support from the government have further helped the market for facial recognition to grow in Europe.

The objective of the report is to present comprehensive Europe Facial Recognition Market  including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Europe Facial Recognition Market  North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Europe Facial Recognition Market  North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Europe Facial Recognition Market  North America for Asia Pacific make the report investor’s guide.
Europe Facial Recognition Market,Key Highlights:
• Europe Facial Recognition market size analysis and forecast
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Europe Facial Recognition market
• Europe Facial Recognition Market segmentation on the basis of the component, technology, use case, end-use, and geography
• Europe Facial Recognition Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of a study
• Europe Facial Recognition Market analysis and forecast for major countries has been provided.
• Profiling of key industry players, their strategic perspective, and analysis of core competencies
• Competitive landscape of the key players operating in the Europe Facial Recognition Market including competitive developments, investments, and strategic expansion
Years that have been considered for the study are as follows:
• Base Year – 2018
• Estimated Year – 2019
• Forecast Period – 2019 to 2026

For company profiles, 2016 has been considered as the base year. In cases, wherein information was unavailable for the base year, the years prior to it have been considered.
Europe Facial Recognition Market,Research Methodology:
The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get an unbiased idea of the market. This exercise was done at a country level to get fair idea of the market in countries considered for this study. Later this country-specific data was accumulated to come up with regional numbers and then arrive at the market value for Europe Facial Recognition Market.
Some of the key players of the Europe Facial Recognition market include:
• Idemia
• Gemalto
• Cognitec
• TouchByte
• Facewatch
• Morpho
• BioID
• Id3 Technologies
• NtechLab
• Herta Security
Europe Facial Recognition Market,Key Target Audience:
• Facial Recognitions technology platform developers
• Raw material and material testing equipment suppliers
• Facial Recognitions original equipment manufacturers (OEMs)
• End-users/enterprise-users
• Research institutes and organizations
• Government bodies, venture capitalists, and private equity firms
• Market research and consulting firms
• Enterprise data center professionals
The Scope of the Europe Facial Recognition Market: Inquire before Buying
The research report segments Europe Facial Recognition market based on component, technology, use case, end-use, and geography.
Europe Facial Recognition Market, By Component:
• Software Tools
• Services
Europe Facial Recognition Market, By Technology:
• Middleware
• Facial Recognition Software and Sdk
• Databases
• Analytics Solution
• Modeling and Restructuring
Europe Facial Recognition Market, By Use Case:
• Access Control
• Emotion Recognition
• Law Enforcement
• Attendance Tracking and Monitoring
Europe Facial Recognition Market, By End-Use:
• Enterprises
• Government
• Other
Europe Facial Recognition Market, By Geography:
• Europe
• UK
• Germany
• Italy
• France
• Russia
• Spain
• Others
Europe Facial Recognition Market,Geographic Analysis:
• Breakdown of UK Facial Recognition market
• Breakdown of Germany Facial Recognition market
• Breakdown of Italy Facial Recognition market
• Breakdown of France Facial Recognition market
• Breakdown of Russia Facial Recognition market
• Breakdown of Spain Facial Recognition market
• Breakdown of Others Facial Recognition market
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