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North America Facial Recognition in Augmented Reality Market Size, Share & Trends Analysis Report By Technology, By Device Type, By End User, By Industry Vertical, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 141 Pages
  • October 2024
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6025587
The North America Facial Recognition in Augmented Reality (AR) Market is expected to witness market growth of 52.1% CAGR during the forecast period (2024-2031).

The US market dominated the North America Facial Recognition in Augmented Reality (AR) Market by Country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $127.29 billion by 2031. The Canada market is expected to witness a CAGR of 53.9% during 2024-2031. Additionally, the Mexico market would experience a CAGR of 53.6% during 2024-2031.



The integration of facial recognition with AR technology has transformed several industries, enabling innovative applications that enhance user experiences. Retailers can use facial recognition to gauge customer emotions in real-time product interactions. For example, if a customer shows a positive emotional response to a specific product, targeted promotions or advertisements can be dynamically presented through AR displays, enhancing the shopping experience.

AR applications can recognize a user’s face to deliver customized content based on preferences or previous interactions. For instance, museums can use facial recognition to tailor audio guides or visual information that resonates with individual visitors, enhancing engagement and learning. In fitness apps, facial recognition can analyze users’ facial expressions and body language during workouts to provide immediate feedback. This allows virtual coaches to adapt their guidance, encouraging users based on their visible exertion levels or enjoyment, promoting better fitness outcomes.

The significant growth of the e-commerce sector is fostering a technological ecosystem where collaboration between retail companies and tech firms can thrive. As more businesses recognize the importance of integrating advanced technologies like AR and facial recognition into their platforms, we can expect a surge in investments to develop and implement these solutions.

This partnership can accelerate the deployment of AR applications that improve the shopping experience and streamline inventory management and customer service. Therefore, the rapid expansion of the e-commerce industry in Mexico and the rising healthcare industry in Canada, is likely to spur the growth of facial recognition technology in the augmented reality market.

List of Key Companies Profiled

  • Blippar Group Limited
  • Apple, Inc.
  • Clarifai, Inc.
  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • Meta Platforms, Inc.
  • Google LLC
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Zebra Technologies Corporation

Market Report Segmentation

By Technology

  • 3D Facial Recognition
  • AI-Powered Facial Recognition
  • 2D Facial Recognition
  • Other Technologies

By Device Type

  • Smartphones & Tablets
  • AR Headsets & Glasses
  • Kiosks & Interactive Displays
  • Other Device Types

By End User

  • Enterprises
  • Public Sector
  • Individual Consumers
  • Other End Users

By Industry Vertical

  • Retail & E-commerce
  • Gaming & Entertainment
  • Healthcare
  • Security & Surveillance
  • Marketing & Advertising
  • Other Industry Verticals

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Facial Recognition in Augmented Reality (AR) Market, by Technology
1.4.2 North America Facial Recognition in Augmented Reality (AR) Market, by Device Type
1.4.3 North America Facial Recognition in Augmented Reality (AR) Market, by End User
1.4.4 North America Facial Recognition in Augmented Reality (AR) Market, by Industry Vertical
1.4.5 North America Facial Recognition in Augmented Reality (AR) Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Market Share Analysis, 2023
4.2 Strategies deployed in Facial Recognition in Augmented Reality (AR) Market
4.3 Porter Five Forces Analysis
Chapter 5. North America Facial Recognition in Augmented Reality (AR) Market by Technology
5.1 North America 3D Facial Recognition Market by Country
5.2 North America AI-Powered Facial Recognition Market by Country
5.3 North America 2D Facial Recognition Market by Country
5.4 North America Other Technologies Market by Country
Chapter 6. North America Facial Recognition in Augmented Reality (AR) Market by Device Type
6.1 North America Smartphones & Tablets Market by Country
6.2 North America AR Headsets & Glasses Market by Country
6.3 North America Kiosks & Interactive Displays Market by Country
6.4 North America Other Device Types Market by Country
Chapter 7. North America Facial Recognition in Augmented Reality (AR) Market by End User
7.1 North America Enterprises Market by Country
7.2 North America Public Sector Market by Country
7.3 North America Individual Consumers Market by Country
7.4 North America Other End Users Market by Country
Chapter 8. North America Facial Recognition in Augmented Reality (AR) Market by Industry Vertical
8.1 North America Retail & E-commerce Market by Country
8.2 North America Gaming & Entertainment Market by Country
8.3 North America Healthcare Market by Country
8.4 North America Security & Surveillance Market by Country
8.5 North America Marketing & Advertising Market by Country
8.6 North America Other Industry Verticals Market by Country
Chapter 9. North America Facial Recognition in Augmented Reality (AR) Market by Country
9.1 US Facial Recognition in Augmented Reality (AR) Market
9.1.1 US Facial Recognition in Augmented Reality (AR) Market by Technology
9.1.2 US Facial Recognition in Augmented Reality (AR) Market by Device Type
9.1.3 US Facial Recognition in Augmented Reality (AR) Market by End User
9.1.4 US Facial Recognition in Augmented Reality (AR) Market by Industry Vertical
9.2 Canada Facial Recognition in Augmented Reality (AR) Market
9.2.1 Canada Facial Recognition in Augmented Reality (AR) Market by Technology
9.2.2 Canada Facial Recognition in Augmented Reality (AR) Market by Device Type
9.2.3 Canada Facial Recognition in Augmented Reality (AR) Market by End User
9.2.4 Canada Facial Recognition in Augmented Reality (AR) Market by Industry Vertical
9.3 Mexico Facial Recognition in Augmented Reality (AR) Market
9.3.1 Mexico Facial Recognition in Augmented Reality (AR) Market by Technology
9.3.2 Mexico Facial Recognition in Augmented Reality (AR) Market by Device Type
9.3.3 Mexico Facial Recognition in Augmented Reality (AR) Market by End User
9.3.4 Mexico Facial Recognition in Augmented Reality (AR) Market by Industry Vertical
9.4 Rest of North America Facial Recognition in Augmented Reality (AR) Market
9.4.1 Rest of North America Facial Recognition in Augmented Reality (AR) Market by Technology
9.4.2 Rest of North America Facial Recognition in Augmented Reality (AR) Market by Device Type
9.4.3 Rest of North America Facial Recognition in Augmented Reality (AR) Market by End User
9.4.4 Rest of North America Facial Recognition in Augmented Reality (AR) Market by Industry Vertical
Chapter 10. Company Profiles
10.1 Blippar Group Limited
10.1.1 Company Overview
10.1.2 SWOT Analysis
10.2 Apple, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 Clarifai, Inc.
10.3.1 Company Overview
10.3.2 Recent strategies and developments:
10.3.2.1 Product Launches and Product Expansions:
10.3.3 SWOT Analysis
10.4 Cognitec Systems GmbH (Salto Systems, S.L.)
10.4.1 Company Overview
10.4.2 SWOT Analysis
10.5 Meta Platforms, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segment and Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Google LLC
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expense
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.6.6 SWOT Analysis
10.7 Qualcomm Incorporated (Qualcomm Technologies, Inc.)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expense
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Amazon Web Services, Inc. (Amazon.com, Inc.)
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 SWOT Analysis
10.9 Microsoft Corporation
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expenses
10.9.5 SWOT Analysis
10.10. Zebra Technologies Corporation
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expenses
10.10.5 SWOT Analysis

Companies Mentioned

  • Blippar Group Limited
  • Apple, Inc.
  • Clarifai, Inc.
  • Cognitec Systems GmbH (Salto Systems, S.L.)
  • Meta Platforms, Inc.
  • Google LLC
  • Qualcomm Incorporated (Qualcomm Technologies, Inc.)
  • Amazon Web Services, Inc. (Amazon.com, Inc.)
  • Microsoft Corporation
  • Zebra Technologies Corporation

Methodology

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