Global 3D Facial Recognition Market Research Report 2026
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Global 3D Facial Recognition Market Size study, by Type (Hardware, Software Tools, Services) End-Use (Banking & Finance, Consumer Electronics, Government & Defense, Others) and Regional Forecasts 2019-2026
Global 3D Facial Recognition Market is valued approximately at USD XXX billion in 2018 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2019-2026. The 3D facial recognition system is used to authenticate an individual by using 3D geometry of his/her face. 3D facial recognition utilizes facial contours to recognize and scrutinize various features in a human face, which are all unique and do not vary over time. Moreover, it has benefits over 2D facial recognition, such as ease in the detection of facial data from videos and 2D images and least affected with illumination issues. With the advancements in 3D facial recognition software and services, the application of facial recognition is expanding, especially in healthcare IT solutions, payments, and commerce sectors.
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3D Facial Recognition Market - Bharat Book Bureau
Further, surging demand for robust fraud detection and prevention systems has led the adoption of 3D Facial Recognition across the forecast period. Also, rising number of users in both government and private organizations drives the market growth. Moreover, Government initiatives are anticipated to contribute to the expansion of such technologies. For instance, the US government intends to reshape airport security through facial recognition, to register and identify the visitors. However, Vulnerability to cyber-attacks and availability of advanced biometric readers acts as a major restraint for the 3D facial recognition market. Further, the development in 3D cameras market is also expected to bring advancement and new applications for 3D facial recognition technology is expected to fuel the demand for 3D Facial Recognitions.
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Last Update : Feb 28, 2020
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