Asia Pacific Facial Recognition Market By End-User Forecast (2015-2022)

Year CHINA INDIA JAPAN SOUTH KOREA REST OF ASIA PACIFIC
2015 $ 0.14 $ 0.09 $ 0.08 $ 0.05 $ 0.03
2016 $ 0.17 $ 0.12 $ 0.09 $ 0.06 $ 0.04
2017 $ 0.22 $ 0.14 $ 0.11 $ 0.08 $ 0.04
2018 $ 0.27 $ 0.18 $ 0.14 $ 0.09 $ 0.05
2019 $ 0.33 $ 0.22 $ 0.17 $ 0.11 $ 0.06
2020 $ 0.41 $ 0.28 $ 0.21 $ 0.13 $ 0.07
2021 $ 0.5 $ 0.35 $ 0.26 $ 0.15 $ 0.08
2022 $ 0.63 $ 0.45 $ 0.31 $ 0.18 $ 0.1
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Asia Pacific Facial Recognition Market By End-User Forecast (2015-2022)

Synopsis
The above chart is Global Facial Recognition market [2015-2022] Asia Pacific by End-User

Market Dynamics

China accounted for the largest market share in 2015 in the asia pacific facial recognition market, and is expected to reach usd 0.63 billion in 2022 from usd 0.14 billion in 2015. however, india is the fastest growing market, which is expected to grow at a cagr of 24.64% during the forecast period 2016 - 2022. consulting segment accounted for the larger market share in 2015, this market is expected to reach usd 1.27 billion in 2022 from usd 0.32 billion in 2015. this market is projected to grow at a cagr of 22.27% during the forecast period from 2016 - 2022. however, cloud based segment is the fastest growing market, which is expected to grow at a cagr of 25.46% during the forecast period 2016 - 2022. 3d facial recognition segment accounted for the largest market share in 2015, this market is expected to reach usd 0.78 billion in 2022 from usd 0.15 billion in 2015. this market is projected to grow at a cagr of 26.54% during the forecast period from 2016 - 2022. however, 3d facial recognition segment is the fastest growing market, which is expected to grow at a cagr of 26.54% during the forecast period 2016 - 2022. hardware segment accounted for the larger market share in 2015, this market is expected to reach usd 1.13 billion in 2022 from usd 0.29 billion in 2015. this market is projected to grow at a cagr of 21.57% during the forecast period from 2016 - 2022. however, software segment is the fastest growing market, which is expected to grow at a cagr of 24.84% during the forecast period 2016 - 2022. government segment accounted for the largest market share in 2015, this market is expected to reach usd 0.75 billion in 2022 from usd 0.13 billion in 2015. this market is projected to grow at a cagr of 28.07% during the forecast period from 2016 - 2022.

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