This IDC Market Perspective looks at how facial recognition deployments across Western Europe and how different legislative bodies are looking to deal with the technology. The pressure is growing on the European Union to implement controls around the use of facial recognition technology; this will have a significant impact on both vendors and end users of facial recognition systems. "The European Union is preparing to govern the use of facial recognition technology. Decisions made in the upcoming quarters could dramatically shape how facial recognition systems can be deployed and used in Western Europe. Businesses involved in either purchasing or supplying facial recognition systems need to seriously consider the type of legislation that might be introduced and how this would impact their strategies," said Jack Vernon, senior research analyst, European AI Systems.
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KEY FINDINGS The United States video analytics market is anticipated to project a CAGR of 14.47%, over the forecast years. The well-established presence of multinational organizations, technological advancements and developments, and the monetary support extended by the government as well as research firms are expected...
371 pages •
By Global Industry Analysts
• Apr 2021
- Global Electronic Security Systems (ESS) Market to Reach $70.4 Billion by 2027
- Amid the COVID-19 crisis, the global market for Electronic Security Systems (ESS) estimated at US$45.8 Billion in the year 2020, is projected to reach a revised size of US$70.4 Billion by 2027, growing at a CAGR of 6.3% over...
248 pages •
By Global Industry Analysts
• Apr 2021
- Global Intelligent Emergency Response Systems and Infrastructure (IRIS) Market to Reach $121.8 Billion by 2027
- Amid the COVID-19 crisis, the global market for Intelligent Emergency Response Systems and Infrastructure (IRIS) estimated at US$86 Billion in the year 2020, is projected to reach a revised size...
The Smart Label Market is expected to grow at a CAGR of 13.2% over the forecast period (2021-2026). Smart labels are becoming one of the most popular technologies across the retail, healthcare, and logistics sectors, and are viewed as an ideal means to achieve greater efficiencies and profitability while providing the authenticity of an item...
The Access Control Market was valued at USD 7.65 billion in 2020 and expected to reach USD 11.7 billion by 2026 and grow at a CAGR of 7.38% over the forecast period (2021 - 2026). The need to enhance the safety and security across various residential and commercial segments is significantly adding to the market growth globally. With rapid...
In the post-COVID-19 scenario, the global zero trust security market size is projected to grow from USD 19.6 billion in 2020 to USD 51.6 billion by 2026, recording a compound annual growth rate (CAGR) of 17.4% from 2020 to 2026. The market growth is driven by various factors, such as increasing cyber-threats, growing mandates from government...
The Europe Zero Trust Security Market would witness market growth of 18% CAGR during the forecast period (2020-2026). The adoption of zero-security security solutions would experience increment due to rising cybercriminal activities, in which criminals penetrate and move information in the security perimeter. It is due to the dependency...
The global threat intelligence market size is projected to grow from USD 10.9 billion in 2020 to USD 16.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 8.2% during the forecast period. The increasing venture capital funding and growing investments in threat intelligence to drive market growth. By application, the...
The global smart home safety market is expected to register a CAGR of 17.27% during the forcast period 2020-2025. - Smart home safety devices can be connected to Wi-Fi and accessed from anywhere using smart devices, such as smartphones, smartwatches, or voices. The smart home safety market is driven by the increasing crime rates across...
KEY FINDINGS The Europe X-ray tube market is predicted to record a CAGR of 3.98%, during the forecast years of 2021 to 2028. The use of the latest technological advancements, such as, artificial intelligence (AI) and predictive analysis, and the increasing research and development activities, are accredited to the region’s...
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