The facial recognition market is expected to increase by $9.6 billion by 2022. This will be driven by its applicability to an ever-widening variety of solutions. Today, face recognition technology is preferred over other types of biometric technologies such as voice fingerprint scanning, voice recognition, texture recognition and skin texture recognition due to its contactless nature and straightforward deployment. Currently, facial recognition is predominantly used in security and marketing.
The future of biometric identification and facial recognition in industrial computing looks absolutely massive.
According to Allied Market Research, market segments can be broken down by a variety of criteria:
By application
Homeland security
Criminal investigation
ID management
Physical security
Intelligent signage
Web application
Business intelligence
Photo indexing and sorting Other (VIP recognition, automotive, and phone, PC & banking login)
By component Hardware, scanners, cameras, handheld devices, integrated devices Software
By technology
3D facial recognition
2D facial recognition
Facial analytics
Get in touch with industrial computing experts and suppliers to discuss facial recognition technology and how to incorporate it into your business venture.