The facial recognition market in Middle East & Africa is expected to grow from US$ 161.97 million in 2021 to US$ 355.62 million by 2028; it is estimated to grow at a CAGR of 11.9% from 2021 to 2028.
The “fourth industrial revolution,” Industry 4.0, is characterized by rapid and converging advancements in multiple next-generation technologies, including artificial intelligence (AI). The newly developed facial recognition systems use advanced artificial intelligence features, IP cameras, machine learning algorithms, and cognitive technology to verify a person from a video source or a digital image. While traditional facial recognition systems have loopholes, advanced AI-based facial recognition systems deliver far superior accuracy. Moreover, many companies are eliminating traditional fingerprinting scanners from their security systems, which is paving the way for the greater adoption of AI-based facial recognition systems. In addition, apart from technology giants, the military sectors are also planning to adopt the AI technology for AI-based battlefield challenges. Thus, AI-powered facial recognition technology is bolstering the market growth. Moreover, increasing government initiatives and investments in promoting AI-based facial recognition technologies are further propelling the facial recognition market growth.
Middle East & Africa Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)
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Middle East & Africa Facial Recognition Market Segmentation
The Middle East & Africa facial recognition market is segmented on the basis of component, application, vertical, and country. Based on component, the market is segmented into software and services. In 2020, the software segment held a larger market share. The Middle East & Africa facial recognition market for the software segment is further segmented into 2D facial recognition, 3D facial recognition, and facial analytics. In 2020, the 3D facial recognition segment held the largest market share. The market for the services segment is subsegmented into training & consulting, integration and implementation, and support & maintenance. In 2020, the integration and implementation segment held the largest market share. Based on application, the Middle East & Africa facial recognition market is segmented into security & surveillance, access control, and others. In 2020, the security & surveillance segment held the largest market share. Based on vertical, the market is segmented into BFSI, retail and e-commerce, government, healthcare, education, automotive and transportation, and others. In 2020, the government segment held the largest market share. By country, the Middle East & Africa facial recognition market is segmented into South Africa, the UAE, and the rest of Middle East & Africa. South Africa contributed a substantial share in 2020.
Aware Inc., Fujitsu Limited, IDEMIA, NEC Corporation, Onfido, and Thales Group are among the leading companies in the Middle East & Africa facial recognition market.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Facial Recognition Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. MEA Facial Recognition Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Demand from Government and Defense Sectors
5.1.2 Burgeoning Adoption of AI-Based Facial Recognition Systems
5.2 Market Restraints
5.2.1 Restricted Adoption due to Technical Drawbacks
5.3 Future Trends
5.3.1 Adoption of Cloud-Based Facial Recognition Technology
5.4 Market Opportunities
5.4.1 3D Face Recognition Systems
5.5 Impact Analysis of Drivers and Restraints
6. Facial Recognition Market – MEA Analysis
6.1 MEA Facial Recognition Market Overview
6.2 MEA Facial Recognition Market Revenue and Forecast to 2028 (US$ Million)
7. MEA Facial Recognition Market Analysis – By Component
7.1 Overview
7.2 MEA Facial Recognition Market, By Component (2020 and 2028)
7.3 Software
7.3.1 Overview
7.3.2 Software: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.3.3 2D Facial Recognition
7.3.4 Overview
7.3.5 2D Facial Recognition: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.3.6 3D Facial Recognition
7.3.7 Overview
7.3.8 3D Facial Recognition: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.3.9 Facial Analytics
7.3.10 Overview
7.3.11 Facial Analytics: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.4.3 Training and Consulting
7.4.4 Overview
7.4.5 Training and Consulting: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.4.6 Integration and Implementation
7.4.7 Overview
7.4.8 Integration and Implementation: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
7.4.9 Support and Maintenance
7.4.10 Overview
7.4.11 Support and Maintenance: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
8. MEA Facial Recognition Market Analysis – By Application
8.1 Overview
8.2 MEA Facial Recognition Market, By Application (2020 and 2028)
8.3 Security & Surveillance
8.3.1 Overview
8.3.2 Security & Surveillance: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Access Control
8.4.1 Overview
8.4.2 Access Control: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9. MEA Facial Recognition Market Analysis – By Vertical
9.1 Overview
9.2 MEA Facial Recognition Market, By Vertical (2020 and 2028)
9.3 BFSI
9.3.1 Overview
9.3.2 BFSI: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Retail and E-commerce
9.4.1 Overview
9.4.2 Retail and E-commerce: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Government
9.5.1 Overview
9.5.2 Government: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Healthcare
9.6.1 Overview
9.6.2 Healthcare: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Education
9.7.1 Overview
9.7.2 Education: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.8 Automotive and Transportation
9.8.1 Overview
9.8.2 Automotive and Transportation: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
9.9 Others
9.9.1 Overview
9.9.2 Others: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
10. MEA Facial Recognition Market – Country Analysis
10.1 Overview
10.1.1 MEA: Facial Recognition Market, by Key Country
10.1.1.1 South Africa: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 South Africa: Facial Recognition Market, By Component
10.1.1.1.2 South Africa: Facial Recognition Market, by Application
10.1.1.1.3 South Africa: Facial Recognition Market, by Vertical
10.1.1.2 UAE: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 UAE: Facial Recognition Market, By Component
10.1.1.2.2 UAE: Facial Recognition Market, by Application
10.1.1.2.3 UAE: Facial Recognition Market, by Vertical
10.1.1.3 Rest of MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Rest of MEA: Facial Recognition Market, By Component
10.1.1.3.2 Rest of MEA: Facial Recognition Market, by Application
10.1.1.3.3 Rest of MEA: Facial Recognition Market, by Vertical
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 IDEMIA
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Aware Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Fujitsu Limited
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Onfido
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 NEC Corporation
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Thales Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA Facial Recognition market – Revenue and Forecast to 2028 (US$ Million)
Table 2. South Africa: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 3. South Africa: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 4. South Africa: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 5. UAE: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 6. UAE: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 7. UAE: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 8. Rest of MEA: Facial Recognition Market, By Component – Revenue and Forecast to 2028 (US$ Million)
Table 9. Rest of MEA: Facial Recognition Market, by Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Rest of MEA: Facial Recognition Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Facial Recognition Market Segmentation
Figure 2. MEA Facial Recognition market Segmentation – By Country
Figure 3. MEA Facial Recognition Market Overview
Figure 4. Software Segment held the largest share in 2020
Figure 5. Security & Surveillance Segment held the largest share in 2020
Figure 6. Government Segment held the largest share in 2020
Figure 7. South Africa held the largest share in 2020
Figure 8. MEA: PEST Analysis
Figure 9. MEA Facial Recognition Market: Ecosystem Analysis
Figure 10. Expert Opinion
Figure 11. Impact Analysis of Drivers and Restraints
Figure 12. MEA Facial Recognition market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Facial Recognition Market Revenue Share, By Component (2020 and 2028)
Figure 14. Software: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. 2D Facial Recognition: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. 3D Facial Recognition: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Facial Analytics: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Services: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Training and Consulting: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Integration and Implementation: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Support and Maintenance: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA Facial Recognition Market Revenue Share, by Application (2020 and 2028)
Figure 23. Security & Surveillance: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Access Control: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Others: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. MEA Facial Recognition Market Revenue Share, by Vertical (2020 and 2028)
Figure 27. BFSI: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Retail and E-commerce: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Government: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Healthcare: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Education: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Automotive and Transportation: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. Others: MEA Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. MEA: Facial Recognition Market, by key Country – Revenue (2020) (US$ Million)
Figure 35. MEA: Facial Recognition Market Revenue Share, by Key Country (2020 and 2028)
Figure 36. South Africa: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. UAE: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Rest of MEA: Facial Recognition Market – Revenue and Forecast to 2028 (US$ Million)
- Aware Inc.
- Fujitsu Limited
- IDEMIA
- NEC Corporation
- Onfido
- Thales Group
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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