Delray Beach, FL, Dec. 05, 2025 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the global Facial Recognition Market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period.
Browse 529 market data Tables and 57 Figures spread through 407 Pages and in-depth TOC on "Facial Recognition Market - Global Forecast to 2028"
Facial Recognition Market Share & Growth:
- Market Size Available for Years: 2017–2028
- 2023 Market Size: USD 6.3 billion
- 2028 Projected Market Size: USD 13.4 billion
- CAGR (2023–2028): 16.3%
Facial Recognition Market Analysis & Forecast:
- Facial recognition is now a key feature in modern smartphones and personal devices.
- The region’s focus on smart cities and tech integration is driving facial recognition adoption.
- Countries like China, India and Japan are utilizing facial recognition for large-scale public monitoring programs.
- The software segment of the facial recognition market is expected to grow the fastest.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=995
The growing need for cybersecurity to strengthen security and surveillance and aid law enforcement in crime prevention and suspect identification contributes to widespread facial recognition adoption across various sectors, from law enforcement to everyday technology use.
Facial recognition has become a prominent feature in smartphones and other personal devices as technology advances. The convenience of unlocking devices with just a glance has made facial recognition popular for user authentication. This technology enhances the overall user experience by eliminating the need for traditional methods like PINs or passwords and also adds an extra layer of security through biometric authentication. Beyond device unlocking, facial recognition is employed for personalization, allowing systems to tailor user experiences based on individual facial features. From customized settings on smartphones to targeted advertising, the integration of facial recognition in consumer electronics showcases its versatility and appeal in creating seamless and personalized interactions between users and their devices, driving the adoption of facial recognition.
Request Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=995
The facial recognition market in the Asia Pacific region is positioned for accelerated growth, driven by several key factors. It is caused by technological advancements, increasing urbanization, and a proactive approach to innovation. Governments in countries such as China, Japan, and India have been at the forefront of deploying facial recognition for various purposes, ranging from public security to efficient public services. In China, facial recognition is used extensively for surveillance, public safety, and everyday transactions, such as making payments or accessing public transportation. The region's emphasis on smart cities and advanced technology integration has fueled the deployment of facial recognition in diverse sectors, including finance, healthcare, and education. While technology brings about efficiency and convenience, there is an increasing concern about privacy and surveillance practices and ethical implications, leading to ongoing efforts to balance innovation with regulatory safeguards in the Asia Pacific region.
The software solutions segment of the facial recognition market is anticipated to experience a notably higher growth rate. Facial recognition software solutions have experienced a surge in popularity driven by technological advancements, increased computing power, and a growing need for seamless identity verification across various industries. There is an ongoing trend of integrating AI and ML algorithms into facial recognition software. These technologies enhance the accuracy and efficiency of facial recognition by enabling systems to learn and adapt to diverse facial features and environmental conditions, increasing their demand. Companies providing facial recognition software solutions include NEC, Thales, Aware, Daon, AWS, and Facephii.
Inquire Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=995
Companies in Facial Recognition Market:
Companies in Facial Recognition Market are NEC (Japan), Microsoft (US), Thales (France), AWS (US), IDEMIA (France), Aware (US), Daon (Ireland), Megvii (China), Facephi (Spain), Herta Security (Spain), OneSpan (US), Q3 Technologies (US), Neurotechnology (Lithuania), Cognitec Systems (Germany), Ayonix (Japan), NVISO.ai (Switzerland), FaceFirst (US), Clarifai (US), Iproov (UK), Oosto (Israel), Pangiam (US), Clearview AI (US), Corsight AI (Israel), Facia (UK) Veridium (US), and Visage Technology (Sweden).
These players not only have a comprehensive and diverse product portfolio but also have a strong geographic presence. The dynamic interplay of escalating digital demands, complex application architectures, and the need for security propels companies to invest in and adopt facial recognition in an increasingly interconnected landscape. These companies offer several product offerings and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share. These companies focus on product launches, collaborations, acquisitions, contracts, and partnerships to strengthen their footprint through product innovations and extend their business reach.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarkets™ INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: sales@marketsandmarkets.com Visit Our Website: www.marketsandmarkets.com
