PUNE, India, November 15, 2016 /PRNewswire/ -- According to a new market research report "Facial Recognition Marketby Component: Software Tools (2D, 3D, and Thermal) and Services (Training & Consulting Services and Cloud-Based Facial Recognition Services), Technology, Use Case, and Application Area - Global Forecast to 2021", published by MarketsandMarkets, the market size is estimated to grow from USD 3.35 Billion in 2016 to USD 6.84 Billion by 2021, at a CAGR (Compound Annual Growth Rate) of 15.3% from 2016 to 2021. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 84 market data Tables and 57Figures spread through 152 Pages and in-depth TOC on"Facial Recognition Market"http://www.marketsandmarkets.com/Market-Reports/facial-recognition-market-995.html Early buyers will receive 10% customization on this report. The major forces driving this market are growing surveillance market, increasing government deployment, and increasing applications in numerous industry sectors. 3D facial recognition tool from the software segment is expected to grow at the highest CAGR in theFacial Recognition Marketduring the forecast period The 3D facial recognition software tool has various applications in the areas of border monitoring, document verification, and identity management. One of the main reasons for the wide adoption of 3D facial recognition technology is the quality of image captured using 3D technology, which is not dependent on the illumination and allows clear quality images to be captured at nights or in places where there is very less or no illumination. Training and consulting services is expected to hold the largest market share in theFacial Recognition Marketduring the forecast period Consulting services associated to facial recognition contains feasibility assessment, analysis & advisory of large scale governmental and military projects. It also contains requirement gathering, biometric security design, technology evaluation, and validation of biometric pilots. Key consulting vendors provide privacy impact assessment & strategic valuation of competitive products, catering to private sector, commercial & federal or government clients.