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Global Facial Recognition Biometrics in Consumer Electronics Market 2016-2020

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?


Press Release

Technavio Announces the Publication of its Research Report – Global Facial Recognition in Consumer Electronics Market 2016-2020

Technavio recognizes the following companies as the key players in the Global Facial Recognition in Consumer Electronics Market: Cognitec Systems, Dell, Google, and HP.

Other Prominent Vendors in the market are: 3M Cogent, Allied Time USA, AMD, Animetrics, Apple, ASUS, FacialNetwork, Fareclock, Intel Security, Kairos, KeyLemon, Lenovo, and Microsoft.

Commenting on the report, an analyst from Technavio’s team said: “The growing acceptance of e-commerce and high adoption of consumer electronics among end-users is expected to increase the adoption of facial recognition systems for recognizing customers, determining their age and gender, and predicting their buying behavior. Based on these factors, e-retailers can tailor advertisements for customers, which will help them generate more revenue. E-retailers can also recommend products with better deals to their customers. This will enhance the shopping experience of the customers.”

According to the report, growing usage of the internet, websites, and applications by end-users has led to an increase in the number of identity and data theft cases. With the growing popularity of social network websites, instances of identity theft cases have increased. With the increasing complexity of such attacks, awareness among end-users is increasing, which is forcing OEMs of consumer electronics to implement facial recognition solutions in laptops, smartphones, and tablets.

Further, the report states that the facial recognition market in consumer electronics is witnessing strong growth, but it continues to face strong competition from alternative technologies and products such as token-based two-factor authentication, swipe cards, and software authentication.

Companies Mentioned

Cognitec Systems, Dell, Google, HP, 3M Cogent, Allied Time USA, AMD, Animetrics, Apple, ASUS, FacialNetwork, Fareclock, Intel Security, Kairos, KeyLemon, Lenovo, Microsoft.

  • Executive summary
  • Scope of the report
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market description
    • Workflow of facial recognition systems
      • Table 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
  • Market landscape
    • Market overview
      • Table Market overview
    • Market size and forecast
      • Table Global facial recognition biometrics in consumer electronics ($ millions)
    • Market developments and opportunities
  • Life cycle analysis
    • Table Life cycle analysis
  • Market segmentation by application
    • Segmentation of global facial recognition biometrics in consumer electronics by application 2015
      • Table Segmentation of global facial recognition biometrics in consumer electronics by application 2015 (% share)
  • Market segmentation by end-user
    • Segmentation of global facial recognition biometrics in consumer electronics by end-user 2015-2020
      • Table Segmentation of global facial recognition biometrics in consumer electronics by enduser 2015-2020 (% share)
    • Segmentation of global facial recognition biometrics in consumer electronics by individual consumers
      • Table Segmentation of global facial recognition biometrics in consumer electronics by individual consumers 2015-2020 ($ millions)
    • Segmentation of global facial recognition biometrics in consumer electronics by enterprises
      • Table Segmentation of global facial recognition biometrics in consumer electronics by enterprises 2015-2020 ($ millions)
  • Geographical segmentation
    • Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020
      • Table Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020 (% share)
      • Table Segmentation of global facial recognition biometrics in consumer electronics by geography 2015-2020 ($ millions)
  • Buying criteria
    • Table Buying criteria
  • 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
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Availability of non-biometric authentication technologies
    • High error rates
    • High deployment cost
    • Lack of established international standards
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Emerging trends in key sectors
    • BFSI sector
    • Retail sector
    • Education sector
  • Five forces analysis
    • Table Five forces analysis
  • Vendor landscape
    • Competitive rating
      • Table Competitive rating
  • Other prominent vendors
    • 3M Cogent
    • Allied Time USA
    • AMD
    • Animetrics
    • FacialNetwork
    • Fareclock
    • Intel Security
    • Kairos AR
    • KeyLemon
    • Apple
    • ASUSTek Computer
    • Lenovo Group
    • Microsoft
  • Appendix
    • List of abbreviations
  • Explore Technavio

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