North America Facial Recognition Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Software and Services), Application (Security & Surveillance, Access Control, and Others), and Vertical (BFSI, Retail and E-commerce, Government, Healthcare, Education, Automotive and Transportation, and Others) 

Code: TIPRE00029035 | Pages: 125 | Industry: Technology, Media and Telecommunications | Date: May 2022 | Type: Regional

The facial recognition market in North America is expected to grow from US$ 1,628.13 million in 2021 to US$ 3,907.98 million by 2028; it is estimated to grow at a CAGR of 13.3% from 2021 to 2028.

 

Biometrics gained huge traction among intelligence agencies after the world witnessed several severe terrorist attacks in the past, e.g., the attack on World Trade Center on September 11, 2011, in the US. The data were collected through biometric, especially by military personnel in possibly high-threat nations. Facial recognition technologies have been deployed by federal and regional law enforcement departments, homeland security departments, and other security agencies across the region. These biometric systems help them solve different crime cases by facilitating the rapid identification of offenders. Furthermore, in the military sector, facial recognition systems are employed to identify individuals on the battlefield. The US military has spent more than US$ 4.5 million in the development of facial recognition technology that reads the heat patterns emitted by faces to identify specific people. In 2021, The US Army called for proposals to install a facial recognition security system at the entry points of all its bases. In addition, the government of Mexico is strengthening border control by automating the entry process by utilizing SITA’s Automated Border Control kiosks to use biometric technology to verify passengers’ identities and improve national security. Thus, increasing deployment of facial recognition technology by government is driving the market growth.

 

North America Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)

 

North America Facial Recognition Market Segmentation        

 

The North America facial recognition market is segmented on the basis of component, application, vertical, and country. Based on component, the market is bifurcated into software and services. In 2020, the software segment held a larger market share. The market for the software segment is further segmented into 2D facial recognition, 3D facial recognition, and facial analytics. In 2020, the 3D facial recognition segment held the largest market share. The market for the services segment is subsegmented into training & consulting, integration and implementation, and support & maintenance. In 2020, the integration and implementation segment held the largest share of the market. Based on application, the North America facial recognition market is segmented into security & surveillance, access control, and others. In 2020, the security & surveillance segment held the largest market share. Based on vertical, the market is segmented into BFSI, retail and e-commerce, government, healthcare, education, automotive and transportation, and others. In 2020, the BFSI segment held the largest share of the market. By country, the North America facial recognition market is segmented into the US, Mexico, and Canada. The US contributed a substantial share in 2020.

 

Aware Inc., Cognitec Systems GmbH, Fujitsu Limited, IDEMIA, NEC Corporation., Onfido, Tech5, and Thales Group are among the leading companies in the North America facial recognition market.

 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           North America Facial Recognition Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           North America Facial Recognition Market – Key Industry Dynamics

5.1         Market Drivers

5.1.1        Increasing Demand from Government and Defense Sectors

5.1.2        Burgeoning Adoption of AI-Based Facial Recognition Systems

5.2         Market Restraints

5.2.1        Restricted Adoption due to Technical Drawbacks

5.3         Future Trends

5.3.1        Adoption of Cloud-Based Facial Recognition Technology

5.4         Market Opportunities

5.4.1        3D Face Recognition Systems

5.5         Impact Analysis of Drivers and Restraints

6.           Facial Recognition Market – North America Analysis

6.1         North America Facial Recognition Market Overview

6.2         North America Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)

7.           North America Facial Recognition Market Analysis – By Component

7.1         Overview

7.2         North America Facial Recognition Market, By Component (2020 and 2028)

7.3         Software

7.3.1        Overview

7.3.2        Software: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.3        2D Facial Recognition

7.3.4        Overview

7.3.5        2D Facial Recognition: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.6        3D Facial Recognition

7.3.7        Overview

7.3.8        3D Facial Recognition: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.3.9        Facial Analytics

7.3.10     Overview

7.3.11     Facial Analytics: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Services

7.4.1        Overview

7.4.2        Services: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.3        Training and Consulting

7.4.4        Overview

7.4.5        Training and Consulting: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.6        Integration and Implementation

7.4.7        Overview

7.4.8        Integration and Implementation: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

7.4.9        Support and Maintenance

7.4.10     Overview

7.4.11     Support and Maintenance: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8.           North America Facial Recognition Market Analysis – By Application

8.1         Overview

8.2         North America Facial Recognition Market, By Application (2020 and 2028)

8.3         Security & Surveillance

8.3.1        Overview

8.3.2        Security & Surveillance: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Access Control

8.4.1        Overview

8.4.2        Access Control: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Others

8.5.1        Overview

8.5.2        Others: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.           North America Facial Recognition Market Analysis – By Vertical

9.1         Overview

9.2         North America Facial Recognition Market, By Vertical (2020 and 2028)

9.3         BFSI

9.3.1        Overview

9.3.2        BFSI: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Retail and E-commerce

9.4.1        Overview

9.4.2        Retail and E-commerce: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Government

9.5.1        Overview

9.5.2        Government: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.6         Healthcare

9.6.1        Overview

9.6.2        Healthcare: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.7         Education

9.7.1        Overview

9.7.2        Education: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.8         Automotive and Transportation

9.8.1        Overview

9.8.2        Automotive and Transportation: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

9.9         Others

9.9.1        Overview

9.9.2        Others: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.        North America Facial Recognition Market – Country Analysis

10.1      Overview

10.1.1     North America: Facial Recognition Market, by Key Country

10.1.1.1       US: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Facial Recognition Market, By Component

10.1.1.1.2       US: Facial Recognition Market, by Application

10.1.1.1.3       US: Facial Recognition Market, by Vertical

10.1.1.2       Canada: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Facial Recognition Market, By Component

10.1.1.2.2       Canada: Facial Recognition Market, by Application

10.1.1.2.3       Canada: Facial Recognition Market, by Vertical

10.1.1.3       Mexico: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Facial Recognition Market, By Component

10.1.1.3.2       Mexico: Facial Recognition Market, by Application

10.1.1.3.3       Mexico: Facial Recognition Market, by Vertical

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

11.3      New Product Development

11.4      Merger and Acquisition

12.        Company Profiles

12.1      Tech5

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      IDEMIA

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Aware Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Cognitec Systems GmbH

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Fujitsu Limited

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Onfido

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      NEC Corporation

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Thales Group

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

 


LIST OF TABLES

Table 1.             North America Facial Recognition market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             US: Facial Recognition Market, By Component –Revenue and Forecast to 2028 (US$ Million)

Table 3.             US: Facial Recognition Market, by Application –Revenue and Forecast to 2028 (US$ Million)

Table 4.             US: Facial Recognition Market, by Vertical –Revenue and Forecast to 2028 (US$ Million)

Table 5.             Canada: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Canada: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 7.             Canada: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Mexico: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Mexico: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 11.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           North America Facial Recognition Market Segmentation

Figure 2.           North America Facial Recognition market Segmentation – By Country

Figure 3.           North America Facial Recognition Market Overview

Figure 4.           Software Segment held the largest share in 2020

Figure 5.           Security & Surveillance Segment held the largest share in 2020

Figure 6.           BFSI Segment held the largest share in 2020

Figure 7.           US held the largest share in 2020

Figure 8.           North America: PEST Analysis

Figure 9.           North America Facial Recognition Market: Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        Impact Analysis of Drivers and Restraints

Figure 12.        North America Facial Recognition market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        North America Facial Recognition Market Revenue Share, By Component (2020 and 2028)

Figure 14.        Software: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15.        2D Facial Recognition: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        3D Facial Recognition: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        Facial Analytics: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Services: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Training and Consulting: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Integration and Implementation: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Support and Maintenance: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        North America Facial Recognition Market Revenue Share, by Application (2020 and 2028)

Figure 23.        Security & Surveillance: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Access Control: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Others: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        North America Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)

Figure 27.        BFSI: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Retail and E-commerce: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Government: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Healthcare: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Education: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        Automotive and Transportation: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Others: North America Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        North America: Facial Recognition Market, by key Country – Revenue (2020) (US$ Million)

Figure 35.        North America: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)

Figure 36.        US: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        Canada: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

Figure 38.        Mexico: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)

  1. Aware Inc.
  2. Cognitec Systems GmbH
  3. Fujitsu Limited
  4. IDEMIA
  5. NEC Corporation
  6. Onfido
  7. Tech5
  8. Thales Group
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000