About Facial Recognition in Consumer Electronics
Facial recognition is a biometrics software technology that is being used for individual identification and authentication. The identification and authentication process is carried out by comparing an individual's facial features extracted from an image with those stored in a database. Facial recognition is being used by enterprises in the government; banking, financial services, and insurance (BFSI); and defense sectors for preventing unauthorized access to high-security areas and private and public buildings.
Technavio’s analysts forecast the global facial recognition biometrics in consumer electronics to grow at a CAGR of 102.42% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global facial recognition biometrics in consumer electronics market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of consumer electronics integrated with facial recognition technology.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Facial Recognition in Consumer Electronics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Cognitec Systems
• Dell
• Google
• HP
Other prominent vendors
• 3M Cogent
• Allied Time USA
• AMD
• Animetrics
• Apple
• ASUS
• FacialNetwork
• Fareclock
• Intel Security
• Kairos
• KeyLemon
• Lenovo
• Microsoft
Market driver
• Growing instances of identity and data theft
• For a full, detailed list, view our report
Market challenge
• Availability of non-biometrics authentication technologies
• For a full, detailed list, view our report
Market trend
• Retail sector
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
PART 01: Executive summary
PART 02: Scope of the report
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market description
• Workflow of facial recognition systems
• Advantages and disadvantages of integrating facial recognition in consumer electronics
• Applications of facial recognition systems
• Comparison of facial recognition with other biometrics technologies
PART 06: Market landscape
• Market overview
• Market size and forecast
• Market developments and opportunities
PART 07: Life cycle analysis
PART 08: Market segmentation by application
• Segmentation of global facial recognition biometrics in consumer electronics by application 2015
PART 09: Market segmentation by end-user
• Segmentation of global facial recognition biometrics in consumer electronics by end-user 2015-2020
• Segmentation of global facial recognition biometrics in consumer electronics by individual consumers
• Segmentation of global facial recognition biometrics in consumer electronics by enterprises
PART 10: Geographical segmentation
• Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020
PART 11: Buying criteria
PART 12: Market drivers
• High adoption of mobile devices for financial transactions
• Instances of identity and data theft
• Implementation of BYOD policy in enterprises
• High demand of facial recognition in healthcare sector
PART 13: Impact of drivers
PART 14: Market challenges
• Availability of non-biometric authentication technologies
• High error rates
• High deployment cost
• Lack of established international standards
PART 15: Impact of drivers and challenges
PART 16: Emerging trends in key sectors
• BFSI sector
• Retail sector
• Education sector
PART 17: Five forces analysis
PART 18: Vendor landscape
• Competitive rating
PART 19: Other prominent vendors
• 3M Cogent
• Allied Time USA
• AMD
• Animetrics
• FacialNetwork
• Fareclock
• Intel Security
• Kairos AR
• KeyLemon
• Apple
• ASUSTek Computer
• Lenovo Group
• Microsoft
PART 20: Appendix
• List of abbreviations
PART 21: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Workflow of facial recognition systems
Exhibit 03: Market overview
Exhibit 04: Global facial recognition biometrics in consumer electronics ($ millions)
Exhibit 05: Life cycle analysis
Exhibit 06: Segmentation of global facial recognition biometrics in consumer electronics by application 2015 (% share)
Exhibit 07: Segmentation of global facial recognition biometrics in consumer electronics by end-user 2015-2020 (% share)
Exhibit 08: Segmentation of global facial recognition biometrics in consumer electronics by individual consumers 2015-2020 ($ millions)
Exhibit 09: Segmentation of global facial recognition biometrics in consumer electronics by enterprises 2015-2020 ($ millions)
Exhibit 10: Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020 (% share)
Exhibit 11: Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020 ($ millions)
Exhibit 12: Buying criteria
Exhibit 13: Impact of drivers
Exhibit 14: Impact of drivers and challenges
Exhibit 15: Five forces analysis
Exhibit 16: Competitive rating
