North America Facial Recognition Market Size, Share & Trends Analysis Report By Organization Size, By Deployment Mode, By Offering, By Technology, By Application, By Vertical, By Country and Growth Forecast, 2024

List of Tables

The North America Facial Recognition Market would witness market growth of 13.7% CAGR during the forecast period (2024-2031).

The US market dominated the North America Facial Recognition Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $4,027.3 million by 2031. The Canada market is experiencing to witness a CAGR of 16.2% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 15.2% during (2024 - 2031).

The use of such technology has revolutionized how people engage with digital systems, devices, and services. It has become a potent tool for identity verification, authentication, and access control. Identity verification technology, which offers unmatched convenience, security, and efficiency in verifying people's identities, has been widely adopted across various industries and sectors owing to advancements in artificial intelligence, computer vision, and biometric authentication.

In recent years, face recognition technology has increased exponentially due to the growing need in both the public and private sectors for easy and secure identity verification solutions. Identity verification technology is implemented across numerous sectors, including banking, finance, retail, healthcare, transportation, and law enforcement, to enhance security, streamline operations, and optimize customer experiences.

BFSI organizations in Canada are subject to stringent regulatory requirements regarding customer authentication, data protection, and privacy. This technology helps banks and insurers comply with regulatory standards. Identity verification systems provide secure and compliant customer identification and authentication methods, ensuring that sensitive data is protected, and privacy rights are upheld. As per the data published in 2023 by the International Trade Administration, Canada's banking industry contributed 3.6% (or US$55 billion) to Canada's GDP. Additionally, as per the data published in 2023 by the International Trade Administration, the principal law enforcement agencies and the Mexican military (Army, Air Force, Navy, and the Secretary of Public Security and Citizen Protection or SSPC) will be funded by the national security and defense budget in 2023, which increased from USD 16.5 billion in 2022 to USD 17.8 billion. Hence, North America's growing BFSI and national security sectors are expected to boost the region's demand for such systems.

Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Mode, the market is segmented into On-premises, and Cloud. Based on Offering, the market is segmented into Software, Hardware, and Services. Based on Technology, the market is segmented into 3D, 2D, and Facial Analytics. Based on Application, the market is segmented into Access Control, Attendance Tracking & Monitoring, Security & Surveillance, Emotion Recognition, and Others. Based on Vertical, the market is segmented into Government, Media & Entertainment, Education, Healthcare & Lifesciences, Automobile & Transportation, Manufacturing, Retail & eCommerce, IT & Telecom, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

IDEMIA SAS (Advent International, Inc.)
Microsoft Corporation
NEC Corporation
Thales Group S.A.
3M Company
Cognitec Systems GmbH (Salto Systems, S.L.)
Aware, Inc.
Onfido Limited
Animetrics
Daon, Inc.

North America Facial Recognition Market Report Segmentation

By Organization Size

Large Enterprises
Small & Medium Enterprises

By Deployment Mode

On-premises
Cloud

By Offering

Software
Hardware
Services

By Technology

3D
2D
Facial Analytics

By Application

Access Control
Attendance Tracking & Monitoring
Security & Surveillance
Emotion Recognition
Others

By Vertical

Government
Media & Entertainment
Education
Healthcare & Lifesciences
Automobile & Transportation
Manufacturing
Retail & eCommerce
IT & Telecom
Others

By Country

US
Canada
Mexico
Rest of North America

Chapter 1.Market Scope & Methodology

1.1Market Definition
1.2Objectives
1.3Market Scope
1.4Segmentation
- 1.4.1North America Facial Recognition Market, by Organization Size
- 1.4.2North America Facial Recognition Market, by Deployment Mode
- 1.4.3North America Facial Recognition Market, by Offering
- 1.4.4North America Facial Recognition Market, by Technology
- 1.4.5North America Facial Recognition Market, by Application
- 1.4.6North America Facial Recognition Market, by Vertical
- 1.4.7North America Facial Recognition Market, by Country
1.5Methodology for the research

Chapter 2.Market at a Glance

2.1Key Highlights

Chapter 3.Market Overview

3.1Introduction
- 3.1.1Overview
  - 3.1.1.1Market Composition and Scenario
3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Opportunities
- 3.2.3Market Restraints
- 3.2.4Market Challenges

Chapter 4.Competition Analysis - Global

4.1KBV Cardinal Matrix
4.2Recent Industry Wide Strategic Developments
- 4.2.1Partnerships, Collaborations and Agreements
- 4.2.2Product Launches and Product Expansions
- 4.2.3Geographical Expansions
4.3Market Share Analysis, 2023
4.4Top Winning Strategies
- 4.4.1Key Leading Strategies: Percentage Distribution (2019-2023)
- 4.4.2Key Strategic Move: (Product Launches and Product Expansions: 2022, Nov - 2024, Mar) Leading Players
4.5Porter's Five Forces Analysis

Chapter 5.North America Facial Recognition Market by Organization Size

5.1North America Large Enterprises Market by Region
5.2North America Small & Medium Enterprises Market by Region

Chapter 6.North America Facial Recognition Market by Deployment Mode

6.1North America On-premise Market by Region
6.2North America Cloud Market by Region

Chapter 7.North America Facial Recognition Market by Offering

7.1North America Software Market by Country
7.2North America Hardware Market by Country
7.3North America Services Market by Country

Chapter 8.North America Facial Recognition Market by Technology

8.1North America 3D Market by Country
8.2North America 2D Market by Country
8.3North America Facial Analytics Market by Country

Chapter 9.North America Facial Recognition Market by Application

9.1North America Access Control Market by Country
9.2North America Attendance Tracking & Monitoring Market by Country
9.3North America Security & Surveillance Market by Country
9.4North America Emotion Recognition Market by Country
9.5North America Others Market by Country

Chapter 10.North America Facial Recognition Market by Vertical

10.1North America Government Market by Country
10.2North America Media & Entertainment Market by Country
10.3North America Education Market by Country
10.4North America Healthcare & Lifesciences Market by Country
10.5North America Automobile & Transportation Market by Country
10.6North America Manufacturing Market by Country
10.7North America Retail & eCommerce Market by Country
10.8North America IT & Telecom Market by Country
10.9North America Others Market by Country

Chapter 11.North America Facial Recognition Market by Country

11.1US Facial Recognition Market
- 11.1.1US Facial Recognition Market by Organization Size
- 11.1.2US Facial Recognition Market by Deployment Mode
- 11.1.3US Facial Recognition Market by Offering
- 11.1.4US Facial Recognition Market by Technology
- 11.1.5US Facial Recognition Market by Application
- 11.1.6US Facial Recognition Market by Vertical
11.2Canada Facial Recognition Market
- 11.2.1Canada Facial Recognition Market by Organization Size
- 11.2.2Canada Facial Recognition Market by Deployment Mode
- 11.2.3Canada Facial Recognition Market by Offering
- 11.2.4Canada Facial Recognition Market by Technology
- 11.2.5Canada Facial Recognition Market by Application
- 11.2.6Canada Facial Recognition Market by Vertical
11.3Mexico Facial Recognition Market
- 11.3.1Mexico Facial Recognition Market by Organization Size
- 11.3.2Mexico Facial Recognition Market by Deployment Mode
- 11.3.3Mexico Facial Recognition Market by Offering
- 11.3.4Mexico Facial Recognition Market by Technology
- 11.3.5Mexico Facial Recognition Market by Application
- 11.3.6Mexico Facial Recognition Market by Vertical
11.4Rest of North America Facial Recognition Market
- 11.4.1Rest of North America Facial Recognition Market by Organization Size
- 11.4.2Rest of North America Facial Recognition Market by Deployment Mode
- 11.4.3Rest of North America Facial Recognition Market by Offering
- 11.4.4Rest of North America Facial Recognition Market by Technology
- 11.4.5Rest of North America Facial Recognition Market by Application
- 11.4.6Rest of North America Facial Recognition Market by Vertical

Chapter 12.Company Profiles

12.1IDEMIA SAS (Advent International, Inc.)
- 12.1.1Company Overview
- 12.1.2Recent strategies and developments:
  - 12.1.2.1Partnerships, Collaborations, and Agreements:
- 12.1.3SWOT Analysis
12.2Microsoft Corporation
- 12.2.1Company Overview
- 12.2.2Financial Analysis
- 12.2.3Segmental and Regional Analysis
- 12.2.4Research & Development Expenses
- 12.2.5Recent strategies and developments:
  - 12.2.5.1Product Launches and Product Expansions:
- 12.2.6SWOT Analysis
12.3NEC Corporation
- 12.3.1Company Overview
- 12.3.2Financial Analysis
- 12.3.3Segmental and Regional Analysis
- 12.3.4Research & Development Expenses
- 12.3.5Recent strategies and developments:
  - 12.3.5.1Partnerships, Collaborations, and Agreements:
  - 12.3.5.2Product Launches and Product Expansions:
- 12.3.6SWOT Analysis
12.4Thales Group S.A.
- 12.4.1Company Overview
- 12.4.2Financial Analysis
- 12.4.3Segmental and Regional Analysis
- 12.4.4Research & Development Expenses
- 12.4.5Recent strategies and developments:
  - 12.4.5.1Product Launches and Product Expansions:
- 12.4.6SWOT Analysis
12.53M Company
- 12.5.1Company Overview
- 12.5.2Financial Analysis
- 12.5.3Segmental and Regional Analysis
- 12.5.4Research & Development Expense
- 12.5.5SWOT Analysis
12.6Cognitec Systems GmbH (Salto Systems, S.L.)
- 12.6.1Company Overview
- 12.6.2Recent strategies and developments:
  - 12.6.2.1Product Launches and Product Expansions:
- 12.6.3SWOT Analysis
12.7Aware, Inc.
- 12.7.1Company Overview
- 12.7.2Financial Analysis
- 12.7.3Regional Analysis
- 12.7.4Research & Development Expenses
- 12.7.5Recent strategies and developments:
  - 12.7.5.1Partnerships, Collaborations, and Agreements:
- 12.7.6SWOT Analysis
12.8Onfido Limited
- 12.8.1Company Overview
- 12.8.2Recent strategies and developments:
  - 12.8.2.1Partnerships, Collaborations, and Agreements:
- 12.8.3SWOT Analysis
12.9Animetrics
- 12.9.1Company Overview
- 12.9.2SWOT Analysis
12.10.Daon, Inc.
- 12.10.1Company Overview
- 12.10.2Recent strategies and developments:
  - 12.10.2.1Product Launches and Product Expansions:
  - 12.10.2.2Geographical Expansions:
- 12.10.3SWOT Analysis

LIST OF TABLES

TABLE 1North America Facial Recognition Market, 2020 - 2023, USD Million
TABLE 2North America Facial Recognition Market, 2024 - 2031, USD Million
TABLE 3Partnerships, Collaborations and Agreements- Facial Recognition Market
TABLE 4Product Launches And Product Expansions- Facial Recognition Market
TABLE 5Geographical Expansions- Facial Recognition Market
TABLE 6North America Facial Recognition Market by Organization Size, 2020 - 2023, USD Million
TABLE 7North America Facial Recognition Market by Organization Size, 2024 - 2031, USD Million
TABLE 8North America Large Enterprises Market by Region, 2020 - 2023, USD Million
TABLE 9North America Large Enterprises Market by Region, 2024 - 2031, USD Million
TABLE 10North America Small & Medium Enterprises Market by Region, 2020 - 2023, USD Million
TABLE 11North America Small & Medium Enterprises Market by Region, 2024 - 2031, USD Million
TABLE 12North America Facial Recognition Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 13North America Facial Recognition Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 14North America On-premise Market by Region, 2020 - 2023, USD Million
TABLE 15North America On-premise Market by Region, 2024 - 2031, USD Million
TABLE 16North America Cloud Market by Region, 2020 - 2023, USD Million
TABLE 17North America Cloud Market by Region, 2024 - 2031, USD Million
TABLE 18North America Facial Recognition Market by Offering, 2020 - 2023, USD Million
TABLE 19North America Facial Recognition Market by Offering, 2024 - 2031, USD Million
TABLE 20North America Software Market by Country, 2020 - 2023, USD Million
TABLE 21North America Software Market by Country, 2024 - 2031, USD Million
TABLE 22North America Hardware Market by Country, 2020 - 2023, USD Million
TABLE 23North America Hardware Market by Country, 2024 - 2031, USD Million
TABLE 24North America Services Market by Country, 2020 - 2023, USD Million
TABLE 25North America Services Market by Country, 2024 - 2031, USD Million
TABLE 26North America Facial Recognition Market by Technology, 2020 - 2023, USD Million
TABLE 27North America Facial Recognition Market by Technology, 2024 - 2031, USD Million
TABLE 28North America 3D Market by Country, 2020 - 2023, USD Million
TABLE 29North America 3D Market by Country, 2024 - 2031, USD Million
TABLE 30North America 2D Market by Country, 2020 - 2023, USD Million
TABLE 31North America 2D Market by Country, 2024 - 2031, USD Million
TABLE 32North America Facial Analytics Market by Country, 2020 - 2023, USD Million
TABLE 33North America Facial Analytics Market by Country, 2024 - 2031, USD Million
TABLE 34North America Facial Recognition Market by Application, 2020 - 2023, USD Million
TABLE 35North America Facial Recognition Market by Application, 2024 - 2031, USD Million
TABLE 36North America Access Control Market by Country, 2020 - 2023, USD Million
TABLE 37North America Access Control Market by Country, 2024 - 2031, USD Million
TABLE 38North America Attendance Tracking & Monitoring Market by Country, 2020 - 2023, USD Million
TABLE 39North America Attendance Tracking & Monitoring Market by Country, 2024 - 2031, USD Million
TABLE 40North America Security & Surveillance Market by Country, 2020 - 2023, USD Million
TABLE 41North America Security & Surveillance Market by Country, 2024 - 2031, USD Million
TABLE 42North America Emotion Recognition Market by Country, 2020 - 2023, USD Million
TABLE 43North America Emotion Recognition Market by Country, 2024 - 2031, USD Million
TABLE 44North America Others Market by Country, 2020 - 2023, USD Million
TABLE 45North America Others Market by Country, 2024 - 2031, USD Million
TABLE 46North America Facial Recognition Market by Vertical, 2020 - 2023, USD Million
TABLE 47North America Facial Recognition Market by Vertical, 2024 - 2031, USD Million
TABLE 48North America Government Market by Country, 2020 - 2023, USD Million
TABLE 49North America Government Market by Country, 2024 - 2031, USD Million
TABLE 50North America Media & Entertainment Market by Country, 2020 - 2023, USD Million
TABLE 51North America Media & Entertainment Market by Country, 2024 - 2031, USD Million
TABLE 52North America Education Market by Country, 2020 - 2023, USD Million
TABLE 53North America Education Market by Country, 2024 - 2031, USD Million
TABLE 54North America Healthcare & Lifesciences Market by Country, 2020 - 2023, USD Million
TABLE 55North America Healthcare & Lifesciences Market by Country, 2024 - 2031, USD Million
TABLE 56North America Automobile & Transportation Market by Country, 2020 - 2023, USD Million
TABLE 57North America Automobile & Transportation Market by Country, 2024 - 2031, USD Million
TABLE 58North America Manufacturing Market by Country, 2020 - 2023, USD Million
TABLE 59North America Manufacturing Market by Country, 2024 - 2031, USD Million
TABLE 60North America Retail & eCommerce Market by Country, 2020 - 2023, USD Million
TABLE 61North America Retail & eCommerce Market by Country, 2024 - 2031, USD Million
TABLE 62North America IT & Telecom Market by Country, 2020 - 2023, USD Million
TABLE 63North America IT & Telecom Market by Country, 2024 - 2031, USD Million
TABLE 64North America Others Market by Country, 2020 - 2023, USD Million
TABLE 65North America Others Market by Country, 2024 - 2031, USD Million
TABLE 66North America Facial Recognition Market by Country, 2020 - 2023, USD Million
TABLE 67North America Facial Recognition Market by Country, 2024 - 2031, USD Million
TABLE 68US Facial Recognition Market, 2020 - 2023, USD Million
TABLE 69US Facial Recognition Market, 2024 - 2031, USD Million
TABLE 70US Facial Recognition Market by Organization Size, 2020 - 2023, USD Million
TABLE 71US Facial Recognition Market by Organization Size, 2024 - 2031, USD Million
TABLE 72US Facial Recognition Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 73US Facial Recognition Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 74US Facial Recognition Market by Offering, 2020 - 2023, USD Million
TABLE 75US Facial Recognition Market by Offering, 2024 - 2031, USD Million
TABLE 76US Facial Recognition Market by Technology, 2020 - 2023, USD Million
TABLE 77US Facial Recognition Market by Technology, 2024 - 2031, USD Million
TABLE 78US Facial Recognition Market by Application, 2020 - 2023, USD Million
TABLE 79US Facial Recognition Market by Application, 2024 - 2031, USD Million
TABLE 80US Facial Recognition Market by Vertical, 2020 - 2023, USD Million
TABLE 81US Facial Recognition Market by Vertical, 2024 - 2031, USD Million
TABLE 82Canada Facial Recognition Market, 2020 - 2023, USD Million
TABLE 83Canada Facial Recognition Market, 2024 - 2031, USD Million
TABLE 84Canada Facial Recognition Market by Organization Size, 2020 - 2023, USD Million
TABLE 85Canada Facial Recognition Market by Organization Size, 2024 - 2031, USD Million
TABLE 86Canada Facial Recognition Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 87Canada Facial Recognition Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 88Canada Facial Recognition Market by Offering, 2020 - 2023, USD Million
TABLE 89Canada Facial Recognition Market by Offering, 2024 - 2031, USD Million
TABLE 90Canada Facial Recognition Market by Technology, 2020 - 2023, USD Million
TABLE 91Canada Facial Recognition Market by Technology, 2024 - 2031, USD Million
TABLE 92Canada Facial Recognition Market by Application, 2020 - 2023, USD Million
TABLE 93Canada Facial Recognition Market by Application, 2024 - 2031, USD Million
TABLE 94Canada Facial Recognition Market by Vertical, 2020 - 2023, USD Million
TABLE 95Canada Facial Recognition Market by Vertical, 2024 - 2031, USD Million
TABLE 96Mexico Facial Recognition Market, 2020 - 2023, USD Million
TABLE 97Mexico Facial Recognition Market, 2024 - 2031, USD Million
TABLE 98Mexico Facial Recognition Market by Organization Size, 2020 - 2023, USD Million
TABLE 99Mexico Facial Recognition Market by Organization Size, 2024 - 2031, USD Million
TABLE 100Mexico Facial Recognition Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 101Mexico Facial Recognition Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 102Mexico Facial Recognition Market by Offering, 2020 - 2023, USD Million
TABLE 103Mexico Facial Recognition Market by Offering, 2024 - 2031, USD Million
TABLE 104Mexico Facial Recognition Market by Technology, 2020 - 2023, USD Million
TABLE 105Mexico Facial Recognition Market by Technology, 2024 - 2031, USD Million
TABLE 106Mexico Facial Recognition Market by Application, 2020 - 2023, USD Million
TABLE 107Mexico Facial Recognition Market by Application, 2024 - 2031, USD Million
TABLE 108Mexico Facial Recognition Market by Vertical, 2020 - 2023, USD Million
TABLE 109Mexico Facial Recognition Market by Vertical, 2024 - 2031, USD Million
TABLE 110Rest of North America Facial Recognition Market, 2020 - 2023, USD Million
TABLE 111Rest of North America Facial Recognition Market, 2024 - 2031, USD Million
TABLE 112Rest of North America Facial Recognition Market by Organization Size, 2020 - 2023, USD Million
TABLE 113Rest of North America Facial Recognition Market by Organization Size, 2024 - 2031, USD Million
TABLE 114Rest of North America Facial Recognition Market by Deployment Mode, 2020 - 2023, USD Million
TABLE 115Rest of North America Facial Recognition Market by Deployment Mode, 2024 - 2031, USD Million
TABLE 116Rest of North America Facial Recognition Market by Offering, 2020 - 2023, USD Million
TABLE 117Rest of North America Facial Recognition Market by Offering, 2024 - 2031, USD Million
TABLE 118Rest of North America Facial Recognition Market by Technology, 2020 - 2023, USD Million
TABLE 119Rest of North America Facial Recognition Market by Technology, 2024 - 2031, USD Million
TABLE 120Rest of North America Facial Recognition Market by Application, 2020 - 2023, USD Million
TABLE 121Rest of North America Facial Recognition Market by Application, 2024 - 2031, USD Million
TABLE 122Rest of North America Facial Recognition Market by Vertical, 2020 - 2023, USD Million
TABLE 123Rest of North America Facial Recognition Market by Vertical, 2024 - 2031, USD Million
TABLE 124Key Information - IBM Corporation
TABLE 125Key Information - Microsoft Corporation
TABLE 126KEY INFORMATION - NEC Corporation
TABLE 127Key Information - Thales Group S.A.
TABLE 128Key Information - 3M Company
TABLE 129Key Information - Cognitec Systems GmbH
TABLE 130Key Information - Aware, Inc.
TABLE 131Key Information - Onfido Limited
TABLE 132Key Information - Animetrics
TABLE 133Key Information - Daon, Inc.

North America Facial Recognition Market Size, Share & Trends Analysis Report By Organization Size, By Deployment Mode, By Offering, By Technology, By Application, By Vertical, By Country and Growth Forecast, 2024 - 2031

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