The Asia Pacific Facial Recognition Market would witness market growth of 15.3% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Facial Recognition Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,283.5 million by 2031. The Japan market is registering a CAGR of 14.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 16% during (2024 - 2031).
Integrating this technology with edge computing platforms and IoT devices enables real-time processing and analysis of facial biometrics at the network's edge, reducing latency, enhancing privacy, and enabling new applications in smart cities, and connected retail environments. Integrating identity verification with edge computing enables the development of innovative applications in smart cities, such as real-time pedestrian and vehicle monitoring, traffic analysis, and crowd management.
By deploying edge devices equipped with identity verification capabilities at key locations throughout the city, authorities can gather valuable insights into traffic patterns, urban mobility, and public behavior, enabling data-driven decision-making and proactive interventions to improve city services and enhance public safety. This has prompted organizations to prioritize privacy-preserving technologies, transparent practices, and responsible deployment strategies to mitigate risks and build user trust.
As per the data from the Government of China, the Chinese smart home sector experienced a substantial development rate of nearly 20 percent annually from 2016 to 2021, expanding from 260 billion yuan ($36.25 billion) to 580 billion yuan. By 2025, the smart home sector in Zhejiang province is projected to reach a value of 500 billion yuan. Additionally, the Indian government has launched various initiatives and programs to modernize the country's security infrastructure and combat security threats effectively. The Smart Cities Mission, Safe City Project, and Integrated Check Post (ICP) project emphasize deploying advanced facial recognition technologies to enhance surveillance, law enforcement, and border security capabilities. Thus, the rising smart home and security sectors in Asia Pacific will drive the expansion of the regional market.
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-premise, 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The China market dominated the Asia Pacific Facial Recognition Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,283.5 million by 2031. The Japan market is registering a CAGR of 14.5% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 16% during (2024 - 2031).
Integrating this technology with edge computing platforms and IoT devices enables real-time processing and analysis of facial biometrics at the network's edge, reducing latency, enhancing privacy, and enabling new applications in smart cities, and connected retail environments. Integrating identity verification with edge computing enables the development of innovative applications in smart cities, such as real-time pedestrian and vehicle monitoring, traffic analysis, and crowd management.
By deploying edge devices equipped with identity verification capabilities at key locations throughout the city, authorities can gather valuable insights into traffic patterns, urban mobility, and public behavior, enabling data-driven decision-making and proactive interventions to improve city services and enhance public safety. This has prompted organizations to prioritize privacy-preserving technologies, transparent practices, and responsible deployment strategies to mitigate risks and build user trust.
As per the data from the Government of China, the Chinese smart home sector experienced a substantial development rate of nearly 20 percent annually from 2016 to 2021, expanding from 260 billion yuan ($36.25 billion) to 580 billion yuan. By 2025, the smart home sector in Zhejiang province is projected to reach a value of 500 billion yuan. Additionally, the Indian government has launched various initiatives and programs to modernize the country's security infrastructure and combat security threats effectively. The Smart Cities Mission, Safe City Project, and Integrated Check Post (ICP) project emphasize deploying advanced facial recognition technologies to enhance surveillance, law enforcement, and border security capabilities. Thus, the rising smart home and security sectors in Asia Pacific will drive the expansion of the regional market.
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-premise, 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
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.
Market Report Segmentation
By Organization Size- Large Enterprises
- Small & Medium Enterprises
- On-premises
- Cloud
- Software
- Hardware
- Services
- 3D
- 2D
- Facial Analytics
- Access Control
- Attendance Tracking & Monitoring
- Security & Surveillance
- Emotion Recognition
- Others
- Government
- Media & Entertainment
- Education
- Healthcare & Lifesciences
- Automobile & Transportation
- Manufacturing
- Retail & eCommerce
- IT & Telecom
- Others
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Asia Pacific Facial Recognition Market by Organization Size
Chapter 6. Asia Pacific Facial Recognition Market by Deployment Mode
Chapter 7. Asia Pacific Facial Recognition Market by Offering
Chapter 8. Asia Pacific Facial Recognition Market by Technology
Chapter 9. Asia Pacific Facial Recognition Market by Application
Chapter 10. Asia Pacific Facial Recognition Market by Vertical
Chapter 11. Asia Pacific Facial Recognition Market by Country
Chapter 12. Company Profiles
Companies Mentioned
- 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.
Methodology
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