The global market for face biometrics across government and commercial applications is at the growth phase of the Gaussian curve. It is expected to grow at a compound annual growth rate (CAGR) of % between 2013 and 2020.
North America (NA) and Europe account for a major share of the world market, with this trend expected to continue over the forecast period. Emerging economies such as Brazil, India, South Africa, the Middle East, Russia, and China are expected to embrace this technology, thereby offering considerable growth opportunities.
Multimodal solutions constitute a major share of the face biometrics market as against standalone solutions.
Among various government applications, border control is expected to dominate the market over the forecast period. Across government and commercial applications, surveillance is expected to be a key application for usage of face biometric solutions.
As projects in the government sector are finalized through tenders and contracts, system integrators hold the majority of power in this market. Hence, the choice of system integrator plays a major role in the successful implementation and integration of biometric systems over the forecast period.
Performance, accuracy, and reliability are vital to biometric solutions and have been major points for potential success or failure in the adoption of face biometrics across applications.
About this report
This research service analyses trends in the face biometrics market across the government and commercial sector, globally. Gaining prominence of 3D-facial recognition is expected to have a positive impact on the overall face biometrics market. This study focuses on factors that are likely to drive and restrain market growth in the coming years. Analysis is provided by vertical region and product. A competitive analysis is also included. The study period used for analysis and forecasts is 2010–2020 with a 2014 base year. This deliverable will provide key market participants with the business intelligence needed to help them accelerate growth in a fast-paced market.
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