Wednesday, May 11th, 2016

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.

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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 

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

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Other prominent vendors 
• 3M Cogent 
• Allied Time USA 
• AMD 
• Animetrics 
• Apple 
• 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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Table of content

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 

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