The Key Players in Global Facial Recognition Market 2016-2020, According to a New Study on ASDReports

Monday 25 January 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Facial recognition market: 3M Cogent, Cognitec Systems, Gemalto, NEC and Safran

Other Prominent Vendors in the market are: ArcSoft, Aurora Computer Services, Aware, FaceFirst, Fulcrum Biometrics, Google, Imagus Technology, KeyLemon, Lathem Time, Luxand, Netatmo, and XID Technologies.

Commenting on the report, an analyst said: “2D facial recognition has disadvantages due to errors that arise from poor illumination, posture variations, and facial expression variations. 3D facial recognition is more accurate, as it provides enhanced details of an individual’s face with sensors that project structured light. Since an individual may change their appearance and facial expression, it may become difficult for facial recognition systems to identify the individual correctly. Therefore, vendors are shifting from the provision of 2D facial recognition systems to 3D facial recognition for identifying an individual.”

According to the report, one of the major drivers of the market is the integration of facial recognition solutions in surveillance cameras for use in residential and commercial security.

Further, the report states that privacy issues are posing a challenge to the adoption of facial recognition systems in organizations.

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.