Global 3D Facial Recognition Systems Market 2018-2022

Global 3D facial recognition systems market overview

3D facial recognition is an end-to-end electronic process that ensures customer convenience and compliance with several security regulations. The increased use of mobile devices such as smartphones, tablets, and personal digital assistants in the healthcare industry, is influencing the development of several applications. These 3D face recognition apps prevent unauthorized access to patient records, and they are useful for electronic medicine prescribing, diagnosis and treatment, practice management, coding, and billing.

Technavio’s 3D facial recognition market forecast report identifies the increased adoption of 3D facial recognition in healthcare sector to be one of the primary factors for the growth of the 3D facial recognition systems market size and share. These face recognition systems aid in maintaining time and attendance record of employees and improve the safety of healthcare data. Also, this technology aids in streamlining login process, ensuring two-factor authentication to access data, and accessing patient data using multiple devices. As per Technavio ‘s 3D facial recognition market report, this industry will grow steadily at a CAGR of about 36% by 2022.

The strong emergence of facial analytics is one of the key factors driving the 3D facial recognition systems market growth. Vendors are investing heavily in R&D of facial analytics owing to increasing instances of violent activities in the past. Facial analytics can identify individuals by recognizing their facial attributes, and also estimate an individual’s age and gender. Retail sector primarily makes use of facial analytics to identify the individual and cater to him based on their purchasing history.

Companies covered

According to our market research analysts, the 3D facial recognition systems market is characterized by the presence of numerous vendors. This industry research report includes information about the companies in this market and their product portfolio. Additionally, the report also presents an analysis of the market’s competitive environment and also offers information about the key focus areas and the strategies adopted by vendors in this 3D face scanner market.

This research report provides an analysis of the various companies in this market including –

• Animetrics
• Ayonix
• IDEMIA
• Sensible Vision

Segmentation by product and the 3D facial recognition market analysis

• Hardware
• Software

The hardware 3D facial recognition systems will account for major shares in the 3D face scanner market throughout the forecast period. The hardware product segment comprises of sensors and cameras installed in 3D facial recognition system, deployed on premises, or in mobile devices.

Segmentation by type and the 3D facial recognition market analysis

• Stand-alone
• Mobile

The standalone system dominated the 3D face scanner market throughout the forecast period despite major decline in shares, as per the 3D facial recognition market research report. However, our analysts estimate that the mobile system type will grow steadily till the end of 2022. The extensive use of mobile systems in mobile devices such as smartphones, laptops, tables, and smart wearables will drive the growth of the industry segment.

Key questions answered in the report include

• What will the 3D facial recognition market size and the growth rate be in 2022?
• What are the key factors driving the global 3D facial recognition systems market?
• What are the key 3D face recognition market trends impacting the growth?
• What are the challenges to the 3D facial recognition market growth?
• Who are the key vendors in the global 3D facial recognition systems market?
• What are the market opportunities and threats faced by the vendors in the global 3D facial recognition systems market?
• Trending factors influencing the 3D facial recognition market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global 3D facial recognition systems market?

Technavio also offers customization on reports based on specific client requirement.