The Middle East & Africa facial recognition market is estimated to project a CAGR of 17.04%, throughout the forecast years of 2019 to 2028. Investments in developing technologies and lucrative prospects of artificial intelligence (AI) are anticipated to propel the region’s market growth. The United Arab Emirates, Saudi Arabia, Syria, South Africa, Turkey, Egypt, Iraq, and the rest of the Middle East & Africa are assessed for determining the Middle East & Africa facial recognition market growth.
MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET FORECAST 2019-2028
Middle East & Africa Facial Recognition Market by Technology (3d Facial Recognition, 2d Facial Recognition, Facial Analytics) by End-user (Security and Law Enforcement, Healthcare, Retail, Other End-users) and by Geography.
The Middle East & Africa facial recognition market is estimated to project a CAGR of 17.04%, throughout the forecast years of 2019 to 2028. Investments in developing technologies and lucrative prospects of artificial intelligence (AI) are anticipated to propel the region’s market growth.
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The United Arab Emirates, Saudi Arabia, Syria, South Africa, Turkey, Egypt, Iraq, and the rest of the Middle East & Africa are assessed for determining the Middle East & Africa facial recognition market growth. Saudi Arabia is upgrading its economy by channeling a predominant part of investments into emerging technologies through its Public Investment Fund (PIF). Most CEOs in the country are also observing the favorable impacts of artificial intelligence (AI), robotics, and intelligent and cognitive automation on the Saudi Arabian economy. Moreover, aligning with its Vision 2030 plan, the country has allocated billions of dollars in AI-based technologies, thereby making it one of the prominent pillars of its economic development strategy.
In recent years, the Saudi Arabian government acknowledged the persistent need to implement measures that enable swift and unquestionable proof of identity. Moreover, in 2018, the country’s General Directorate of Passports initiated facial recognition and eye-scan technology to monitor visitors and residents. As a result, innovative technologies are projected to guarantee smooth administration, control the arrival and departure processes for expatriates, and ensure that arriving in Saudi Arabia is convenient and simple.
Gemalto NV, headquartered in Amsterdam, primarily provides digital security products and services, across the world. It operates through segments, namely, smartcard and issuance, and identity, IoT, and cybersecurity. The company also offers mobile financial services, secure electronic identity documents, chip cards, software monetization solutions, and data encryption systems. The enterprise’s video-based facial recognition technology, Gemalto Cogent Live Face Identification System, identifies faces in a crowded environment, or an uncontrolled and dynamic space. Then, it sends live alerts to ensure prompt action.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- MARKET DEFINITION
- KEY DRIVERS
- GROWING NEED FOR SURVEILLANCE SYSTEMS TO ENHANCE SAFETY AND SECURITY
- INCREASING ADOPTION OF FACIAL RECOGNITION IN CONSUMER ELECTRONICS SECTOR
- TECHNOLOGY ADVANCEMENTS IN RECOGNITION SYSTEMS
- KEY RESTRAINTS
- PRIVACY ISSUES
- HIGH ERROR RATES
- LACK OF ESTABLISHED INTERNATIONAL STANDARDS
- KEY ANALYTICS
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY TECHNOLOGY
- 3D FACIAL RECOGNITION
- 2D FACIAL RECOGNITION
- FACIAL ANALYTICS
- MARKET BY END-USER
- SECURITY AND LAW ENFORCEMENT
- HEALTHCARE
- RETAIL
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- MIDDLE EAST & AFRICA
- SAUDI ARABIA
- TURKEY
- UNITED ARAB EMIRATES
- EGYPT
- SYRIA
- IRAQ
- SOUTH AFRICA
- REST OF MIDDLE EAST & AFRICA
- MIDDLE EAST & AFRICA
- COMPANY PROFILES
- 3M
- COGNITEC SYSTEMS GMBH
- NEC CORPORATION
- FACEFIRST INC
- NUANCE COMMUNICATIONS INC
- CROSSMATCH
- ANIMETRICS INC
- DAON INC
- PANASONIC CORPORATION
- GEMALTO NV (THALES GROUP)
- AWARE INC
- FACEPHI BIOMETRIC SA
- AYONIX CORPORATION
- IDEMIA FRANCE SAS
- FUJITSU
TABLE LIST
TABLE 1: MARKET SNAPSHOT – FACIAL RECOGNITION
TABLE 2: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 3: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY TECHNOLOGY, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 4: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY END-USER, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 5: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY END-USER, FORECAST YEARS, 2019-2028 (IN $ MILLION)
TABLE 6: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY REGION, HISTORICAL YEARS, 2016-2019 (IN $ MILLION)
TABLE 7: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY REGION, FORECAST YEARS, 2019-2028 (IN $ MILLION)
FIGURE LIST
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2019
FIGURE 6: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY 3D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 7: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY 2D FACIAL RECOGNITION, 2019-2028 (IN $ MILLION)
FIGURE 8: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY FACIAL ANALYTICS, 2019-2028 (IN $ MILLION)
FIGURE 9: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, GROWTH POTENTIAL, BY END-USER, IN 2019
FIGURE 10: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY SECURITY AND LAW ENFORCEMENT, 2019-2028 (IN $ MILLION)
FIGURE 11: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY HEALTHCARE, 2019-2028 (IN $ MILLION)
FIGURE 12: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY RETAIL, 2019-2028 (IN $ MILLION)
FIGURE 13: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, BY OTHER END-USERS, 2019-2028 (IN $ MILLION)
FIGURE 14: MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)
FIGURE 15: SAUDI ARABIA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 16: TURKEY FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 17: UNITED ARAB EMIRATES FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 18: EGYPT FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 19: SYRIA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 20: IRAQ FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 21: SOUTH AFRICA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
FIGURE 22: REST OF MIDDLE EAST & AFRICA FACIAL RECOGNITION MARKET, 2019-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- MIDDLE EAST & AFRICA
- SAUDI ARABIA
- TURKEY
- UNITED ARAB EMIRATES
- EGYPT
- SYRIA
- IRAQ
- SOUTH AFRICA
- REST OF MIDDLE EAST & AFRICA
- MIDDLE EAST & AFRICA
- MARKET BY TECHNOLOGY
- 3D FACIAL RECOGNITION
- 2D FACIAL RECOGNITION
- FACIAL ANALYTICS
- MARKET BY END-USER
- SECURITY AND LAW ENFORCEMENT
- HEALTHCARE
- RETAIL
- OTHER END-USERS
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