Global facial recognition market to witness double digit growth

20/07/11

A report by RNCOS has found that facial recognition technology has emerged as the fastest growing technology among the biometric technologies accepted worldwide and will continue to follow the same trend in future.

The research company, which released its report – Global Biometric Forecast to 2012 – earlier this year, has highlighted that the technology will grow at a CAGR of around 31% during 2011-2013.

According to the company, the main factor behind this surge in the technology is the capability of surveillance offered exclusively by this technology.

The overall global biometric market is anticipated to grow at a CAGR of around 23% during 2011 - 2013.

Subscribe to our free newsletter
Follow us on Twitter
Join us on LinkedIn

Article Comments

No reviews have been submitted

Please add a comment on this article from the Add Comment below.

Please Login or Register.

Login or Register

This article appears in :-

Other Site News

Planet Biometrics reveals Annual Review for 2014 18 December 2014

Planet Biometrics has created an annual review featuring insights from experts across the industry.

Gartner: Internet of Things will redefine identity management 19 December 2014

The Internet of Things will drive device and user relationship requirements in 20% of new identity and access management, says Gartner, with new biometrics emerging in a key role.

Ghana launches upgrade of biometric passport systerm 19 December 2014

West African country Ghana has revealed plans to upgrade its biometric passports to also include microchips.

Natural Security Alliance reveals launch of compliant payment devices 19 December 2014

France-based biometric standards-setting body the Natural Security Alliance has announced the launch of the first connected devices that implement its proximity payment standards.

OASIS seeks public review of biometric device protocol 19 December 2014

The Organization for the Advancement of Structured Information Standards has launched a 15-day public review of a command and control protocol for biometric devices.

More articles >>

SDW conference and connect:ID news

connect:ID 2014 in stats

The overwhelming success of the inaugural connect:ID exhibition and conference at the Ronald Reagan Center in Washington, DC exceeded expectations for event hosts - the IBIA and Science Media Partners.

Plans underway for connect:ID 2015

Preparations are well underway for connect:ID 2015

Commentaries

Comment: Biometrics and the chances of owning a hoverboard

Biometrics technology is almost invariably depicted in movies as a big brother's best friend. If it was instead portrayed with realism and positivity, the public would better understand the potential life-changing benefits.

Comment: Commercial vein sensor spoofed - so what?

The vein recognition industry has been somewhat immune from the problem of biometric spoof attacks. This perception could gradually change as researchers spoof - at least under specific limitations - a commercial sensor. But one could argue - so what, at least for the majority of use cases…

On the cusp of mobile biometric technology adoption?

In the months since our first white paper on Mobile Biometrics was first posted, there have been several developments that suggest we are on the cusp of a surge in mobile biometric technology adoption.

Special Report on the April SC37 Meetings in Winchester, England

The April meetings of the working groups of ISO/IEC JTC1 SC37 subcommittee on biometrics were held in Winchester, England. This article is a Special Report by our Expert Editor, Cathy Tilton, into the meetings and main outcomes from the various Working Groups.

Special Report on the SC37 Meetings in Paris

A full and exclusive report into the recent Paris meetings by the SC37 subcommittee on biometrics and its working groups as they continue their task of setting international standards related to biometrics.

Special Report on the January SC37 Meetings in Phuket

Get a feel for where things are going on the international standards front. A special report on the SC37 standards meetings in Phuket which took place earlier this month (January 2012).

Special Report on the SC37 Meetings in Kyoto

Get a feel for where things are going on the international standards front. This article reveals all the highlights from the recent SC37 biometric standard meetings in Kyoto, Japan
 

Share |

Sponsored Links

Speed Identity Speed Identity is an innovative Swedish technology company supplying integrated biometric data capture solutions. The new Speed Capture G3 is the first cross-functional form factor.
id3 Technologies Id3 Technologies is a biometrics expert company providing winning awards algorithms, biometrics devices and ID systems. Established since 1990 and originally involved in electronics, id3 is a biometrics veteran developing innovative, secure and convenient solutions like match on card, multimodal enrolment, AFIS and ABIS.