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Global Facial Recognition Market 2014-2018 - Product Image

Global Facial Recognition Market 2014-2018

  • ID: 2873229
  • May 2014
  • Region: Global
  • 67 pages
  • TechNavio
Smile, You’re on NSA Camera! 4 Reasons Why Facial Recognition is Here to Stay

FEATURED COMPANIES

  • 3M Cogent Inc.
  • Animetrics Inc.
  • Avalon Biometrics SL
  • Aware Inc.
  • Cognitec Systems GmbH
  • Lumidigm Inc
  • MORE

About Facial Recognition

Facial recognition is a biometric software technology that is used for the identification/authentication of individuals. It uses a software application that is specifically designed and developed to automatically identify or authenticate a particular person. The identification/authentication process is carried out by comparing the facial features extracted from an image with those that are previously stored in a database. Facial recognition is used for access control in high-security areas, private and public buildings, and in intelligent buildings where a person's identity and permission rights are compulsory. The Government, Financial, and Aviation sectors use facial recognition systems to a large extent to recognize individuals. Equipped with a database-mining feature, the software application identifies individuals from samples available in a database and provides access privileges only to the right person.

The analysts forecast the Global Facial Recognition market will grow at a CAGR of 26.6 percent during the period 2013-2018.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Facial READ MORE >

Smile, You’re on NSA Camera! 4 Reasons Why Facial Recognition is Here to Stay

FEATURED COMPANIES

  • 3M Cogent Inc.
  • Animetrics Inc.
  • Avalon Biometrics SL
  • Aware Inc.
  • Cognitec Systems GmbH
  • Lumidigm Inc
  • MORE

01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Description
06.1 Software with Facial Recognition Capabilities
06.2 Comparison of Facial Recognition with Other Biometric Technology
07. Market Landscape
07.1 Market Overview
07.1.1 Product Lifecycle of Global Facial Recognition market
07.2 Global Biometrics Market
07.2.1 Market Size and Forecast
07.3 Global Facial Recognition Market share in Global Biometrics Market
07.3.1 Global Facial Recognition Market share in Global Biometrics Market 2013-2018
07.4 Global Facial Recognition Market
07.4.1 Market Size and Forecast
07.5 Five Forces Analysis
08. Market Segmentation by End-user
08.1 Global Facial Recognition Market by End-user Segmentation 2013-2018
08.2 Global Facial Recognition Market in Government Sector
08.2.1 Market Size and Forecast
08.3 Global Facial Recognition Market in Transit Sector
08.3.1 Market Size and Forecast
08.4 Global Facial Recognition Market in the Financial Sector
08.4.1 Market Size and Forecast
09. Geographical Segmentation
09.1 Global Facial Recognition Market by Geographical Segmentation 2013-2018
09.2 Facial Recognition Market in North Americas
09.2.1 Market Size and Forecast
09.3 Facial Recognition Market in Europe
09.3.1 Market Size and Forecast
09.4 Facial Recognition Market in the APAC Region
09.4.1 Market Size and Forecast
09.5 Facial Recognition Market in the MEA Region
09.5.1 Market Share and Forecast
09.6 Facial Recognition Market in Latin America
09.6.1 Market size and Forecast
10. Market Attraction by Geographical Segmentation
11. Buying Criteria
12. Market Growth Drivers
13. Drivers and their Impact
14. Market Challenges
15. Impact of Drivers and Challenges
16. Market Trends
17. Trends and their Impact
18. Vendor Landscape
18.1 Competitive Scenario
18.2 Market Share Analysis 2013
18.3 Other Prominent Vendors
19. Key Vendor Analysis
19.1 3M Cogent Inc.
19.1.1 Business Overview
19.1.2 Business Segmentation
19.1.3 SWOT Analysis
19.2 Cognitec Systems GmbH
19.2.1 Business Overview
19.2.2 Business Segmentation
19.2.3 SWOT Analysis
19.3 NEC Corp.
19.3.1 Business Overview
19.3.2 Business Segmentation
19.3.3 SWOT Analysis
19.4 Safran SA
19.4.1 Business Overview
19.4.2 Business Segmentation
19.4.3 SWOT Analysis
20. Other Reports in this Series

List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Comparison of Biometrics Technologies
Exhibit 3: Product Lifecycle of Global Facial Recognition market
Exhibit 4: Global Biometrics Market 2013-2018 (US$ billion)
Exhibit 5: Global Facial Recognition Market share in Global Biometrics Market 2013
Exhibit 6: Global Facial Recognition Market share in Global Biometrics Market 2013-2018 (percentage)
Exhibit 7: Global Facial Recognition Market 2013-2018 (US$ million)
Exhibit 8: Global Facial Recognition Market by End-user 2013
Exhibit 9: Global Facial Recognition Market by End-user Segmentation 2013-2018 (percentage)
Exhibit 10: Global Facial Recognition Market in Government Sector 2013-2018 (US$ million)
Exhibit 11: Global Facial Recognition Market in Transit Sector 2013-2018 (US$ million)
Exhibit 12: Global Facial Recognition Market in Financial Sector 2013-2018 (US$ million)
Exhibit 13: Global Facial Recognition Market by Geographical Segmentation 2013
Exhibit 14: Global Facial Recognition Market by Geographical Segmentation 2013-2018 (percentage)
Exhibit 15: Facial Recognition Market in North America 2013-2018 (US$ million)
Exhibit 16: Facial Recognition Market in Europe 2013-2018 (US$ million)
Exhibit 17: Facial Recognition Market in the APAC Region 2013-2018 (US$ million)
Exhibit 18: Facial Recognition Market in the MEA Region 2013-2018 (US$ million)
Exhibit 19: Facial Recognition Market in Latin America 2013-2018 (US$ million)
Exhibit 20: Market Attraction by Geographical Segmentation
Exhibit 21: Business Segmentation of 3M Cogent Inc.
Exhibit 22: Business Segmentation of Cognitec Systems GmbH
Exhibit 23: Business Segmentation of NEC Corp.
Exhibit 24: Business Segmentation of Safran SA

Smile, You’re on NSA Camera! 4 Reasons Why Facial Recognition is Here to Stay

FEATURED COMPANIES

  • 3M Cogent Inc.
  • Animetrics Inc.
  • Avalon Biometrics SL
  • Aware Inc.
  • Cognitec Systems GmbH
  • Lumidigm Inc
  • MORE

Commenting on the report, an analyst from the team said: “The emergence of 3D facial recognition systems is a new trend witnessed in the Global Facial Recognition market. This 3D approach is achieved by integrating two cameras that are synchronized together to reconstruct a 3D facial template for a user. Moreover, this technique uses 3D sensors to capture information about the facial characteristics of a person. This information is then used to identify distinctive features of a face, such as the curve of the eye sockets, nose, and chin. The system has enhanced the accuracy level of facial recognition systems such that it can easily identify identical twins accurately. Therefore, manufacturers of face recognition systems are slowly replacing 2D techniques with 3D techniques because of their unique advantages.”

According to the report, one of the drivers in this market is the growing need for advanced security in the Government sector. Government departments such as Intelligence, Defense, Finance, and Military are the major adopters and users of facial recognition technology. Hence, to secure their perimeter, government departments of various countries are installing stronger security measures, including facial recognition software. In recent years, the Government sector has been the major revenue contributor to the market.

Further, the report states that one of the major challenges in this market is the lack of accuracy in facial recognition systems. Sometimes, facial recognition systems may show errors in the identification process because of factors such as aging, plastic surgery, and the non-permanent makeup of the persons whose images are previously stored in the database. This will affect the accuracy of the facial recognition results, and hence, will affect its acceptance.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Smile, You’re on NSA Camera! 4 Reasons Why Facial Recognition is Here to Stay

- 3M Cogent Inc.
- Cognitec Systems GmbH
- NEC Corp.
- Safran SA
- Airborne Biometrics Group Inc.
- Animetrics Inc.
- Avalon Biometrics SL
- Aware Inc.
- Cross Match Technologies Inc.
- Lumidigm Inc
- RCG Holdings Ltd.
- Suprema Inc.
- ZK Software Inc.

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