Global Casino Market South America
Global Facial Recognition market [2015-2022] Asia Pacific by Technology
By Technology, the market is segmented into 3D Facial Recognition, 2D Facial Recognition, Thermal imaging, Skin Texture Analysis, and Others (2015-2022)
| Label | 3D Facial Recognition | 2D Facial Recognition | Thermal imaging | Skin Texture Analysis | Others |
|---|---|---|---|---|---|
| 2015 | 0.15 USD Bn | 0.09 USD Bn | 0.08 USD Bn | 0.05 USD Bn | 0.03 USD Bn |
| 2016 | 0.19 USD Bn | 0.12 USD Bn | 0.09 USD Bn | 0.05 USD Bn | 0.04 USD Bn |
| 2017 | 0.24 USD Bn | 0.14 USD Bn | 0.11 USD Bn | 0.06 USD Bn | 0.04 USD Bn |
| 2018 | 0.31 USD Bn | 0.18 USD Bn | 0.13 USD Bn | 0.07 USD Bn | 0.05 USD Bn |
| 2019 | 0.39 USD Bn | 0.22 USD Bn | 0.15 USD Bn | 0.08 USD Bn | 0.05 USD Bn |
| 2020 | 0.49 USD Bn | 0.28 USD Bn | 0.18 USD Bn | 0.09 USD Bn | 0.06 USD Bn |
| 2021 | 0.62 USD Bn | 0.35 USD Bn | 0.21 USD Bn | 0.10 USD Bn | 0.07 USD Bn |
| 2022 | 0.78 USD Bn | 0.44 USD Bn | 0.25 USD Bn | 0.12 USD Bn | 0.08 USD Bn |
Data Source: Wantstats Repository
Market Dynamics
3d facial recognition segment accounted for the largest market share in 2015, this market is expected to reach USD 0.78 Billion in 2022 from USD 0.15 Billion in 2015. This market is projected to grow at a CAGR of 26.54% during the forecast period from 2016 - 2022. However, 3d facial recognition segment is the fastest growing market, which is expected to grow at a CAGR of 26.54% during the forecast period 2016 - 2022.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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