Facial Recognition Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Jan 2023 Pages: 193 SKU: IRTNTR44231

Facial Recognition Market Forecast 2023-2027

The Global Facial Recognition Market size is estimated to grow by USD 7.63 billion, at a CAGR (Compound Annual Growth Rate) of 18.11% between 2022 and 2027. The market is propelled by the growing concern over identity threats and the increasing adoption of 3D facial recognition technology. This technology is gaining popularity for its ability to accurately identify individuals through facial features, enhancing security measures across various sectors. With advancements in facial recognition algorithms and hardware, businesses and governments are leveraging this technology for authentication, surveillance, and access control applications, driving market growth and innovation in facial recognition solutions. This market research and growth report also includes an in-depth analysis of drivers, trends, and challenges.

What will be the size of the market During the Forecast Period?

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The market is witnessing rapid growth driven by advancements in smart hospitality services and innovations by key players like NtechLab. Utilizing unique identifiers such as facial characteristics, including eye distance and jawline shape, facial recognition technology offers robust authentication techniques. With applications spanning various sectors like law enforcement, banking, and hospitality, facial recognition systems are becoming integral for enhancing security and streamlining operations globally.

Market Dynamics and Customer Landscape

The market is witnessing significant growth driven by diverse applications across various sectors. Educational institutions and healthcare settings are adopting facial recognition for attendance tracking and patient identification, enhancing operational efficiency. In retail, the technology automates payment systems, improving customer experience. Biometrics offer robust access control and surveillance capabilities, with solutions utilizing fingerprint and speech recognition. Leading players like NEC Corporation and NtechLab are pioneering smart hospitality services. Facial characteristics serve as unique identifiers, utilizing factors like distance between the eyes and jawline. Across industries, facial recognition finds applications in police enforcement, banking, and law enforcement, driving market expansion. Our researchers analyzed the market growth analysis report data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing instances of identity threats are the key factor driving the global market growth. Identity and data theft incidents are on the rise as end users become more reliant on websites and web applications. The growing popularity of online games and social networking sites has also contributed to an increase in identity theft incidents. Additionally, the increasing sophistication of these attacks is driving end users to implement secure authentication solutions.

Therefore, the acceptance of biometric security solutions is increasing. Biometric solutions are one of the most secure authentication solutions because of their capability to incorporate the physical and behavioral features of the end-users, which are difficult to forge. Hence, it is among the strongest growing authentication solutions currently. Such factors will increase the market growth and trends during the forecast period.

Significant Market Trends

Facial recognition using photos on social networking sites is the primary trend in the global market growth. Facebook is the most popular social network for uploading personal information and photos. The ability for users to tag their photos has opened up new ways to identify people. These photos are stored in a database that is stored under the tagged name. Various algorithms can be used to search the data and facial recognition can identify people.

Uploading photos at different angles makes the identification more accurate. Such photo-based identification techniques have higher accuracy than traditional face recognition methods. Therefore, photo-based identification will be integrated with advanced 3D face recognition to enhance the security features of face recognition biometrics in the future.

Major Market Challenge

The high cost of deployment is a major challenge to the global market growth. One of the biggest challenges limiting the use of systems is the high cost of deployment. Large-scale deployment systems in government agencies and airports is a time-consuming process and typically result in long sales cycles. Also, the cost of deployment will depend on the user's needs. Budget constraints limit the testing of face recognition solutions.

Hence, a failure in the successful implementation can result in a high loss for these departments. Apart from the actual cost of the solution, there are other hidden costs, such as maintenance costs, middleware costs, and other associated costs. All these factors contribute to the high cost of deployment of these systems, posing a major challenge to the market.

Customer Landscape

The market growth and forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. Its market research and growth report focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth market forecasting strategies.

Customer Landscape

Market Segmentation

The application segment of the market encompasses various sectors leveraging facial recognition technology for diverse purposes. In educational institutions, it facilitates attendance tracking and enhances security measures. Healthcare settings utilize it for patient identification, ensuring accurate medical records and enhancing safety protocols. Retail sectors automate payment systems and enhance customer experiences, while organizations benefit from improved operational efficiency through access control. Biometric solutions, including facial recognition, play a vital role in access control and surveillance across industries. Advanced technologies like image recognition and speech analysis, coupled with innovations from companies like NEC Corporation, drive smart hospitality services, revolutionizing customer experiences in the hospitality sector.

By Application

The market share growth by the identification segment will be significant during the forecast period. Identification mainly deals with the matching of individual biometrics with a database to recover the details. Biometrics is used for identification in cases of solving crimes and identifying victims. Identification is one of the major applications of physical biometrics. The global market for identification will grow during the forecast period.

The identification segment was valued at USD 2.65 billion in 2017 and continued to grow by 2021. 

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One of the major reasons for this high growth rate is its high adoption in the government and transportation sectors. Identifying individuals for security purposes is a growing need in these sectors. As it helps to identify individuals without any human interaction, it is widely being adopted in public places and airports. The interaction with video surveillance systems is a major factor supporting the growth of this market.

Regional Analysis

North America is estimated to contribute 39% to the growth of the global market during the forecast period.

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Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America will grow during the forecast period. The US has been the major contributor to revenue growth in this region. One of the main reasons for this growth is the high adoption of advanced technologies at the initial stages of homeland security and defense. In addition, the implementation of facial recognition for border security by detecting passport identity fraud is driving the growth of the market.

Who are the Major Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Amazon - The company offers facial recognition solutions such as Content moderation, Face compare and search, and Face detection and analysis. 

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • ASSA ABLOY AB
  • Aware Inc.
  • Ayonix Corp.
  • Cognitec Systems GmbH
  • Daon Inc.
  • Facebanx
  • FaceFirst Inc.
  • Fujitsu Ltd.
  • IDEMIA
  • Ipsidy Inc.
  • Luxand Inc.
  • Microsoft Corp.
  • NEC Corp.
  • Precise Biometrics AB
  • Safran SA

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is witnessing significant expansion across various sectors such as educational institutions and healthcare settings, where it aids in attendance tracking and patient identification. Furthermore, businesses are adopting facial recognition for automating payment systems, enhancing operational efficiency, and providing smart hospitality services. Leading companies like NEC Corporation and NtechLab are driving innovation in facial recognition technology, which encompasses Fingerprint, Speech, and Image recognition technology. This technology utilizes unique identifier types and unique facial characteristics such as the distance between the eyes, shape of the nose, and jawline for authentication techniques. Moreover, facial recognition finds applications in police enforcement, banking, and law enforcement, ensuring enhanced security and streamlined processes globally.

The market is experiencing widespread adoption across various sectors such as retail, education, and critical infrastructure. Retail organizations are integrating robust surveillance systems equipped with facial recognition technology to enhance security and deter criminal activities. Similarly, critical infrastructure sectors like power plants and transportation hubs are leveraging facial recognition for monitoring and safeguarding against security threats. However, there are growing privacy concerns associated with illegal monitoring and unauthorized access to personal data, especially on mobile devices. To address these concerns, facial recognition technology emphasizes authentication and security measures for mobile payments, app access, and identity verification, ensuring privacy and data protection in public spaces.

Segment Overview

The market analysis and report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook 
    • Identification
    • Verification
  • Technology Outlook 
    • 3D
    • 2D
    • Facial analytics
  • End-user Outlook 
    • Media and entertainment
    • BFSI
    • Automobile and transportation
    • Others
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Scope

Market Report Coverage

Details

Page number

193

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 18.11%

Market growth 2023-2027

USD 7.63 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

16.41

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 39%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

 Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Amazon.com Inc., ASSA ABLOY AB, Aware Inc., Ayonix Corp., Cognitec Systems GmbH, Daon Inc., Facebanx, FaceFirst Inc., Fujitsu Ltd., IDEMIA, Ipsidy Inc., Luxand Inc., Microsoft Corp., NEC Corp., Precise Biometrics AB, Safran SA, Suprema Inc., Synaptics Inc., Thales Group, and Veridium IP Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across North America, Europe, APAC, Middle East and Africa, and South America
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Technology
    • Exhibit 07: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 08: Executive Summary – Chart on Incremental Growth
    • Exhibit 09: Executive Summary – Data Table on Incremental Growth
    • Exhibit 10: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 11: Parent market
    • Exhibit 12: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 13: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 14: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 15: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 17: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 18: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global facial recognition market 2017 - 2022
      • Exhibit 19: Historic Market Size – Data Table on Global facial recognition market 2017 - 2022 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2017 - 2022 ($ million)
    • 4.3 Technology Segment Analysis 2017 - 2022
      • Exhibit 21: Historic Market Size – Technology Segment 2017 - 2022 ($ million)
    • 4.4 End-user Segment Analysis 2017 - 2022
      • Exhibit 22: Historic Market Size – End-user Segment 2017 - 2022 ($ million)
    • 4.5 Geography Segment Analysis 2017 - 2022
      • Exhibit 23: Historic Market Size – Geography Segment 2017 - 2022 ($ million)
    • 4.6 Country Segment Analysis 2017 - 2022
      • Exhibit 24: Historic Market Size – Country Segment 2017 - 2022 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 25: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 26: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 27: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 28: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 29: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 30: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 31: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 32: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 33: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 34: Chart on Comparison by Application
      • Exhibit 35: Data Table on Comparison by Application
    • 6.3 Identification - Market size and forecast 2022-2027
      • Exhibit 36: Chart on Identification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 37: Data Table on Identification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Chart on Identification - Year-over-year growth 2022-2027 (%)
      • Exhibit 39: Data Table on Identification - Year-over-year growth 2022-2027 (%)
    • 6.4 Verification - Market size and forecast 2022-2027
      • Exhibit 40: Chart on Verification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 41: Data Table on Verification - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Chart on Verification - Year-over-year growth 2022-2027 (%)
      • Exhibit 43: Data Table on Verification - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 44: Market opportunity by Application ($ million)

    7 Market Segmentation by Technology

    • 7.1 Market segments
      • Exhibit 45: Chart on Technology - Market share 2022-2027 (%)
      • Exhibit 46: Data Table on Technology - Market share 2022-2027 (%)
    • 7.2 Comparison by Technology
      • Exhibit 47: Chart on Comparison by Technology
      • Exhibit 48: Data Table on Comparison by Technology
    • 7.3 3D - Market size and forecast 2022-2027
      • Exhibit 49: Chart on 3D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Data Table on 3D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Chart on 3D - Year-over-year growth 2022-2027 (%)
      • Exhibit 52: Data Table on 3D - Year-over-year growth 2022-2027 (%)
    • 7.4 2D - Market size and forecast 2022-2027
      • Exhibit 53: Chart on 2D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Data Table on 2D - Market size and forecast 2022-2027 ($ million)
      • Exhibit 55: Chart on 2D - Year-over-year growth 2022-2027 (%)
      • Exhibit 56: Data Table on 2D - Year-over-year growth 2022-2027 (%)
    • 7.5 Facial analytics - Market size and forecast 2022-2027
      • Exhibit 57: Chart on Facial analytics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 58: Data Table on Facial analytics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 59: Chart on Facial analytics - Year-over-year growth 2022-2027 (%)
      • Exhibit 60: Data Table on Facial analytics - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Technology
      • Exhibit 61: Market opportunity by Technology ($ million)

    8 Market Segmentation by End-user

    • 8.1 Market segments
      • Exhibit 62: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 63: Data Table on End-user - Market share 2022-2027 (%)
    • 8.2 Comparison by End-user
      • Exhibit 64: Chart on Comparison by End-user
      • Exhibit 65: Data Table on Comparison by End-user
    • 8.3 Media and entertainment - Market size and forecast 2022-2027
      • Exhibit 66: Chart on Media and entertainment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Data Table on Media and entertainment - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Chart on Media and entertainment - Year-over-year growth 2022-2027 (%)
      • Exhibit 69: Data Table on Media and entertainment - Year-over-year growth 2022-2027 (%)
    • 8.4 BFSI - Market size and forecast 2022-2027
      • Exhibit 70: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Chart on BFSI - Year-over-year growth 2022-2027 (%)
      • Exhibit 73: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
    • 8.5 Automobile and transportation - Market size and forecast 2022-2027
      • Exhibit 74: Chart on Automobile and transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Data Table on Automobile and transportation - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Chart on Automobile and transportation - Year-over-year growth 2022-2027 (%)
      • Exhibit 77: Data Table on Automobile and transportation - Year-over-year growth 2022-2027 (%)
    • 8.6 Others - Market size and forecast 2022-2027
      • Exhibit 78: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 81: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 8.7 Market opportunity by End-user
      • Exhibit 82: Market opportunity by End-user ($ million)

    9 Customer Landscape

    • 9.1 Customer landscape overview
      • Exhibit 83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    10 Geographic Landscape

    • 10.1 Geographic segmentation
      • Exhibit 84: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 85: Data Table on Market share by geography 2022-2027 (%)
    • 10.2 Geographic comparison
      • Exhibit 86: Chart on Geographic comparison
      • Exhibit 87: Data Table on Geographic comparison
    • 10.3 North America - Market size and forecast 2022-2027
      • Exhibit 88: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 91: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 10.4 Europe - Market size and forecast 2022-2027
      • Exhibit 92: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 95: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 10.5 APAC - Market size and forecast 2022-2027
      • Exhibit 96: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 99: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 10.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 100: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 103: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 10.7 South America - Market size and forecast 2022-2027
      • Exhibit 104: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 107: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 10.8 US - Market size and forecast 2022-2027
      • Exhibit 108: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 109: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 110: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 111: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 10.9 China - Market size and forecast 2022-2027
      • Exhibit 112: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 113: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 114: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 115: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 10.10 UK - Market size and forecast 2022-2027
      • Exhibit 116: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 117: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 118: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 119: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 10.11 Germany - Market size and forecast 2022-2027
      • Exhibit 120: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 121: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 122: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 123: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 10.12 Japan - Market size and forecast 2022-2027
      • Exhibit 124: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 125: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 126: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 127: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 10.13 Market opportunity by geography
      • Exhibit 128: Market opportunity by geography ($ million)

    11 Drivers, Challenges, and Trends

    • 11.1 Market drivers
      • 11.2 Market challenges
        • 11.3 Impact of drivers and challenges
          • Exhibit 129: Impact of drivers and challenges in 2022 and 2027
        • 11.4 Market trends

          12 Vendor Landscape

          • 12.1 Overview
            • 12.2 Vendor landscape
              • Exhibit 130: Overview on Criticality of inputs and Factors of differentiation
            • 12.3 Landscape disruption
              • Exhibit 131: Overview on factors of disruption
            • 12.4 Industry risks
              • Exhibit 132: Impact of key risks on business

            13 Vendor Analysis

            • 13.1 Vendors covered
              • Exhibit 133: Vendors covered
            • 13.2 Market positioning of vendors
              • Exhibit 134: Matrix on vendor position and classification
            • 13.3 Amazon.com Inc.
              • Exhibit 135: Amazon.com Inc. - Overview
              • Exhibit 136: Amazon.com Inc. - Business segments
              • Exhibit 137: Amazon.com Inc. - Key news
              • Exhibit 138: Amazon.com Inc. - Key offerings
              • Exhibit 139: Amazon.com Inc. - Segment focus
            • 13.4 ASSA ABLOY AB
              • Exhibit 140: ASSA ABLOY AB - Overview
              • Exhibit 141: ASSA ABLOY AB - Business segments
              • Exhibit 142: ASSA ABLOY AB - Key offerings
              • Exhibit 143: ASSA ABLOY AB - Segment focus
            • 13.5 Aware Inc.
              • Exhibit 144: Aware Inc. - Overview
              • Exhibit 145: Aware Inc. - Product / Service
              • Exhibit 146: Aware Inc. - Key offerings
            • 13.6 Ayonix Corp.
              • Exhibit 147: Ayonix Corp. - Overview
              • Exhibit 148: Ayonix Corp. - Product / Service
              • Exhibit 149: Ayonix Corp. - Key offerings
            • 13.7 Cognitec Systems GmbH
              • Exhibit 150: Cognitec Systems GmbH - Overview
              • Exhibit 151: Cognitec Systems GmbH - Product / Service
              • Exhibit 152: Cognitec Systems GmbH - Key offerings
            • 13.8 Daon Inc.
              • Exhibit 153: Daon Inc. - Overview
              • Exhibit 154: Daon Inc. - Product / Service
              • Exhibit 155: Daon Inc. - Key offerings
            • 13.9 Facebanx
              • Exhibit 156: Facebanx - Overview
              • Exhibit 157: Facebanx - Product / Service
              • Exhibit 158: Facebanx - Key offerings
            • 13.10 Fujitsu Ltd.
              • Exhibit 159: Fujitsu Ltd. - Overview
              • Exhibit 160: Fujitsu Ltd. - Business segments
              • Exhibit 161: Fujitsu Ltd. - Key news
              • Exhibit 162: Fujitsu Ltd. - Key offerings
              • Exhibit 163: Fujitsu Ltd. - Segment focus
            • 13.11 IDEMIA
              • Exhibit 164: IDEMIA - Overview
              • Exhibit 165: IDEMIA - Product / Service
              • Exhibit 166: IDEMIA - Key offerings
            • 13.12 Microsoft Corp.
              • Exhibit 167: Microsoft Corp. - Overview
              • Exhibit 168: Microsoft Corp. - Business segments
              • Exhibit 169: Microsoft Corp. - Key news
              • Exhibit 170: Microsoft Corp. - Key offerings
              • Exhibit 171: Microsoft Corp. - Segment focus
            • 13.13 NEC Corp.
              • Exhibit 172: NEC Corp. - Overview
              • Exhibit 173: NEC Corp. - Business segments
              • Exhibit 174: NEC Corp. - Key news
              • Exhibit 175: NEC Corp. - Key offerings
              • Exhibit 176: NEC Corp. - Segment focus
            • 13.14 Precise Biometrics AB
              • Exhibit 177: Precise Biometrics AB - Overview
              • Exhibit 178: Precise Biometrics AB - Business segments
              • Exhibit 179: Precise Biometrics AB - Key offerings
              • Exhibit 180: Precise Biometrics AB - Segment focus
            • 13.15 Safran SA
              • Exhibit 181: Safran SA - Overview
              • Exhibit 182: Safran SA - Business segments
              • Exhibit 183: Safran SA - Key news
              • Exhibit 184: Safran SA - Key offerings
              • Exhibit 185: Safran SA - Segment focus
            • 13.16 Synaptics Inc.
              • Exhibit 186: Synaptics Inc. - Overview
              • Exhibit 187: Synaptics Inc. - Product / Service
              • Exhibit 188: Synaptics Inc. - Key news
              • Exhibit 189: Synaptics Inc. - Key offerings
            • 13.17 Thales Group
              • Exhibit 190: Thales Group - Overview
              • Exhibit 191: Thales Group - Business segments
              • Exhibit 192: Thales Group - Key offerings
              • Exhibit 193: Thales Group - Segment focus

            14 Appendix

            • 14.1 Scope of the report
              • 14.2 Inclusions and exclusions checklist
                • Exhibit 194: Inclusions checklist
                • Exhibit 195: Exclusions checklist
              • 14.3 Currency conversion rates for US$
                • Exhibit 196: Currency conversion rates for US$
              • 14.4 Research methodology
                • Exhibit 197: Research methodology
                • Exhibit 198: Validation techniques employed for market sizing
                • Exhibit 199: Information sources
              • 14.5 List of abbreviations
                • Exhibit 200: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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