Market By Technology, End-user, And Geography | Forecast 2019-2028
Triton’s research on the Europe facial recognition market depicts that it will grow at a CAGR of 14.08% in terms of revenue during the forecast period 2019-2028.
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The countries assessed in this market include:
•          Germany
•          Spain
•          Russia
•          Italy
•          France
•          The UK
•          Rest of Europe countries
State departments in France have been using face recognition technology in several domains. They have created a police database consisting of digital images of past suspects. Whereas, in February 2019, facial recognition was used in real time for an experiment at a carnival held in Nice. In addition, over 2,600 CCTV cameras were installed across the city. Nice is the first city in the country to have trialed facial recognition tools in its streets. This is attributable to the deployment of the cameras, which scanned the faces individuals attending the event, matching the data obtained with the images in the organizers’ database. Thus, France’s market for facial recognition shows huge potential for growth.
In Spain, the customers of CaixaBank can make to use of facial recognition software to withdraw cash from ATMs, without having to enter a PIN. This move has provided the bank’s customers better user experience. Not only that, but they are now assured that their transactions are safe. This indicates that there is an increased demand for facial recognition in the Spanish market. Identity thefts related to payments and the BFSI sector are becoming increasingly prevalent in the United Kingdom. This, in turn, has propelled the demand for advanced authentication services, including facial recognition. In May 2018, the country made an investment of GBP 1.9 billion for strengthening the security measures as part of its National Cyber Security Strategy, in its efforts to contain data breach attempts. Thus, the increasing efforts by the government by tackle the rising number of data breach attempts, are aiding the adoption of facial recognition software in the UK market over the forecast period.
Cognitec Systems GmbH offers facial recognition technologies and applications to industrial end-users and government agencies. The company’s product portfolio includes facial database search, video screening, ICAO compliant photo capturing, facial image quality assessment, and border control. Established in 2002, Cognitec is headquartered in Dresden, Germany.
Market by Technology (Data ana ..
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1.   EUROPE FACIAL RECOGNITION MARKET - SUMMARY         Â
2.   INDUSTRY OUTLOOK
2.1. MARKET DEFINITIONÂ Â Â Â Â
2.2. KEY INSIGHTSÂ Â Â Â Â Â
2.2.1.  FACIAL RECOGNITION APPLICATION IN MOBILE SECURITY AND DRONESÂ
2.2.2.  EMERGENCE OF FACIAL ANALYTICS
2.3. IMPACT OF COVID-19 ON FACIAL RECOGNITIONÂ
2.4. PORTER’S FIVE FORCE ANALYSIS  Â
2.4.1.  THREAT OF NEW ENTRANTS  Â
2.4.2.  THREAT OF SUBSTITUTE          Â
2.4.3.  BARGAINING POWER OF BUYERS    Â
2.4.4.  BARGAINING POWER OF SUPPLIERS
2.4.5.  THREAT OF COMPETITIVE RIVALRY Â
2.5. MARKET ATTRACTIVENESS INDEXÂ Â
2.6. VENDOR SCORECARDÂ
2.7. MARKET DRIVERSÂ Â Â Â Â Â Â Â Â
2.7.1.  NEED FOR SURVEILLANCE SYSTEMS         Â
2.7.2.  INCREASING ADOPTION OF FACIAL RECOGNITION IN CONSUMER ELECTRONICS SECTOR   Â
2.7.3.  TECHNOLOGICAL ADVANCEMENTS IN RECOGNITION SYSTEMS
2.8. MARKET RESTRAINTSÂ Â
2.8.1.  PRIVACY ISSUESÂ
2.8.2.  HIGH ERROR RATES      Â
2.9. MARKET OPPORTUNITIESÂ Â Â Â Â Â Â
2.9.1.  INTEGRATION OF FACIAL BIOMETRICS IN SMART CARDS       Â
2.9.2.  COMMERCIALIZATION OF FACIAL RECOGNITION TECHNOLOGY
2.10. MARKET CHALLENGESÂ Â Â Â Â Â Â Â Â Â
2.10.1. LACK OF ESTABLISHED INTERNATIONAL STANDARDSÂ Â
2.10.2. COMPETITION FROM NON-BIOMETRICS TECHNOLOGIES        Â
2.11. WORKFLOW OF FACIAL RECOGNITION SYSTEMSÂ Â Â Â Â Â Â Â
2.12. ADVANTAGES AND DISADVANTAGES OF FACIAL RECOGNITION SYSTEMSÂ Â Â Â Â Â Â Â
3.   EUROPE FACIAL RECOGNITION MARKET OUTLOOK – BY TECHNOLOGY
3.1. 3D FACIAL RECOGNITIONÂ Â Â Â Â Â Â Â
3.2. 2D FACIAL RECOGNITIONÂ Â Â Â Â Â Â Â
3.3. FACIAL ANALYTICSÂ Â Â Â Â Â Â Â
4.   EUROPE FACIAL RECOGNITION MARKET OUTLOOK - BY END-USER     Â
4.1. SECURITY AND LAW ENFORCEMENTÂ Â Â Â Â Â Â Â Â
4.2. HEALTHCAREÂ Â Â Â Â Â
4.3. RETAILÂ Â Â Â Â Â Â
4.4. OTHER END-USERSÂ Â Â Â Â Â
5.   EUROPE FACIAL RECOGNITION MARKET – REGIONAL OUTLOOK
5.1. UNITED KINGDOMÂ Â Â Â Â Â Â Â Â Â
5.2. GERMANYÂ
5.3. FRANCEÂ Â Â Â
5.4. SPAINÂ Â Â Â Â Â Â Â Â
5.5. ITALYÂ Â Â Â Â Â Â Â Â Â
5.6. RUSSIAÂ Â Â Â Â Â
5.7. REST OF EUROPEÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â
6.   COMPETITIVE LANDSCAPE
6.1. 3M COMPANYÂ Â Â Â Â Â
6.2. COGNITEC SYSTEMS GMBHÂ Â Â
6.3. NEC CORPORATIONÂ Â Â Â Â Â
6.4. FACEFIRST INC
6.5. NUANCE COMMUNICATIONS INC
6.6. CROSSMATCH TECHNOLOGIES Â Â Â Â
6.7. ANIMETRICS INCÂ
6.8. DAON INC
6.9. PANASONIC CORPORATIONÂ Â Â
6.10. GEMALTO NV (THALES GROUP)Â Â Â Â Â Â
6.11. AWARE INCÂ Â Â Â Â Â Â Â
6.12. FACEPHI BIOMETRIC SAÂ Â Â Â Â Â Â Â
6.13. AYONIX CORPORATIONÂ Â Â Â Â Â Â Â Â
6.14. IDEMIA FRANCE SASÂ Â
6.15. ID3 TECHNOLOGIESÂ Â Â Â
7.   METHODOLOGY & SCOPE Â
7.1. RESEARCH SCOPE & DELIVERABLESÂ Â Â Â Â Â Â Â
7.2. SOURCES OF DATAÂ Â Â Â Â Â Â
7.3. RESEARCH METHODOLOGYÂ Â
TABLE 1: EUROPE FACIAL RECOGNITION MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
TABLE 2: MARKET ATTRACTIVENESS INDEX
TABLE 3: VENDOR SCORECARD
TABLE 4: EUROPE FACIAL RECOGNITION MARKET, BY TECHNOLOGY, 2019-2028 (IN $ MILLION)
TABLE 5: EUROPE FACIAL RECOGNITION MARKET, BY END-USER, 2019-2028 (IN $ MILLION)
TABLE 6: EUROPE FACIAL RECOGNITION MARKET, BY COUNTRY, 2019-2028 (IN $ MILLION)
FIGURE 1: PORTER’S FIVE FORCE ANALYSIS
FIGURE 2: WORKFLOW OF FACIAL RECOGNITION SYSTEMS
FIGURE 3: EUROPE FACIAL RECOGNITION MARKET, BY 3D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 4: EUROPE FACIAL RECOGNITION MARKET, BY 2D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 5: EUROPE FACIAL RECOGNITION MARKET, BY FACIAL ANALYTICS, 2019-2028 (IN $ MILLION)
FIGURE 6: EUROPE FACIAL RECOGNITION MARKET, BY SECURITY AND LAW ENFORCEMENT, 2019-2028 (IN $ MILLION)
FIGURE 7: EUROPE FACIAL RECOGNITION MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 8: EUROPE FACIAL RECOGNITION MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 9: EUROPE FACIAL RECOGNITION MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)
FIGURE 10: EUROPE FACIAL RECOGNITION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 11: UNITED KINGDOM FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 12: GERMANY FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 13: FRANCE FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 14: SPAIN FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 15: ITALY FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 16: RUSSIA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 17: REST OF EUROPE FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)