Semiconductor and Electronics

Global Facial Recognition Biometrics in Consumer Electronics Market 2016-2020

  • TEC543843
  • 83 Pages
  • April 2016
  • Semiconductor and Electronics
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.

Technavios 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?

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