The Facial Recognition Market statistical report, published by Market Research Future contains succinct information on the facial recognition market, segmented by component as hardware and software and forecast from 2015-2022. The various factors driving the facial recognition market are increasing criminal activities in government and non-government sector demanding for facial recognition technology solutions, increasing security measures at ATMs and other financial institutes, increasing implementation of facial recognition system at airports and super-markets, and high adoption of facial recognition by law enforcement agencies for better results in criminal investigations.
In Europe, facial recognition market by components, hardware component market has reached USD 0.38 billion market value in 2016 and is expected to reach USD 0.86 billion by 2022 whereas, software components are projected to be the fastest growing market with 20.41% CAGR and poised to reach USD 0.52 billion by 2022.
Hardware Facial Recognition Market by Component is expected to reach USD 0.86 Billion by 2022 with a CAGR of 14.61%
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Table of Contents
- Info graphics Information
1.1 Europe Facial Recognition Market, By Component, 2015 VS 2022 (USD Billion)
3. Europe Facial Recognition Market, By Component, Market Data
List of Tables
Table 1 Europe Facial Recognition Market, By Component, 2015-2022 (USD Billion) ………..5
List of Figures
Figure 1 Europe Facial Recognition Market, By Component, 2015-2022, (USD Billion) …………..6
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