| Label | Consulting | Cloud-based |
|---|---|---|
| 2015 | 0.24 USD Bn | 0.05 USD Bn |
| 2016 | 0.25 USD Bn | 0.06 USD Bn |
| 2017 | 0.27 USD Bn | 0.07 USD Bn |
| 2018 | 0.29 USD Bn | 0.07 USD Bn |
| 2019 | 0.31 USD Bn | 0.08 USD Bn |
| 2020 | 0.34 USD Bn | 0.09 USD Bn |
| 2021 | 0.36 USD Bn | 0.11 USD Bn |
| 2022 | 0.39 USD Bn | 0.12 USD Bn |
Data Source: Wantstats Repository
consulting segment accounted for the larger market share in 2015, this market is expected to reach USD 0.39 Billion in 2022 from USD 0.24 Billion in 2015. This market is projected to grow at a CAGR of 7.69% during the forecast period from 2016 - 2022. However, cloud based segment is the fastest growing market, which is expected to grow at a CAGR of 12.25% during the forecast period 2016 - 2022. consulting segment accounted for the larger market share in the facial recognition market, and is expected to reach USD 0.39 Billion in 2022 from USD 0.24 Billion in 2015. However, cloud based segment is the fastest growing market, which is expected to grow at a CAGR of 12.25% during the forecast period 2016 - 2022.
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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Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
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