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Developments and Opportunities for Facial Recognition Technology in the Smart Retail, Transport, Financial Services, and Automotive Applications Industry

10-31-2018 03:16 PM CET | IT, New Media & Software

Press release from: ReportBazzar

Developments and Opportunities for Facial Recognition

Facial recognition technology has been commercialized since the late 1990s. However, it did not quite get the attention it deserved until the September 11 attacks. Since then, market demand for advanced human-machine interaction interfaces soared in national security and personal property security in light of the rising awareness on anti-terrorism, the change in economic activities from traditional offline transactions to e-commerce and the lifestyle evolution which now craves for smart living. This report provides an overview of the facial recognition development in the smart retail, transport, financial services, and automotive application industry; examines advantages and disadvantages of the technology in the abovementioned industries; highlights the use cases and applications that have the highest growth potential in driving the implementation of facial recognition in these four industries.

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Companies Covered

Advicy Drive, Affectiva, Alibaba, Alipay Cloud, Amazon, AndPay, Ant Financial Services Group, Apple, Bank of Jiangsu, Bank of Okinawa, BC Card, Beijing Xiaoju Technology, Blackberry, BMW, Bosch, British Airway, Careem, China CITI, China Merchants Bank, Conduent, Craft Silicon, Criteo, Daiwa Securities Group, Denso, Didi Chuxing, Disney, Empatica, Facebook, Fiat Chrysler Automobiles, Financial Supervisory Commission, Ford, Fujitsu, Gentex, Gestigon, GM, Google, Grab, Harman, Hewlett-Packard, Hiroshima Bank, Hitachi, Honda, HP, HSBC, Huishang Bank, Hyundai, IBM, Industrial Bank of Korea, Jaguar Land Rover, KLM Royal Dutch Airlines, Konica Minolta, Lakala Payment, Lexus, Lytx, MasterCard International, McKinsey, Media Lab, Mizuho Bank, MYbank, NEC, Nippon Electric Company, Omron, Outerspace Design, Panasonic, People’s Bank of China, Ping An Insurance (Group) Company of China, Ltd., Ping An Puhui, Polyvore, Qian Hai Zheng Xin, Rong 360, Samoyed, Samsung, Seeing Machines, Shopzilla, Smile, Sober Steering, Softbank, Sumitomo Mitsui Banking Corporation, Synaptics, Taikang Life Insurance, Tencent, Thanko, Toyota, Uber, Vigo, VocalZoom, WeBank, Xeron, YuanBaoPu, ZTE

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List of Topics

Development of facial recognition technology in the smart retail, transport, financial services, and automotive application industry, touching on the advantages and disadvantages brought by the technology
Use cases and application of leading players in the smart retail, transport, financial services, and automotive application industry
Development of facial recognition patent applications and the results of the patent mining that highlight major development trends and applications of facial recognition technology

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Table of Content

1.Introduction to Facial Recognition Technology
2.The Retail Industry Has Strong Demand for Data While Transforming
3 Demand for Data Brings New Opportunities for Facial Recognition
4.Facial Recognition Reinforces Physical Retailers' Advantages and Reduce Disadvantages
5.Mature Software and Hardware Systems Reduce Introduction Cost
6.Privacy a Stumbling Block to Facial Recognition
7.Application Cases of Facial Recognition Technology in Transport Industry
8.Application of Facial Recognition in the Transport Industry
9.Opportunities for Facial Recognition in the Transport Industry
10.Use Cases of Facial Recognition Technology Application in the Financial Services Industry
11. Analysis on the Application Model of Facial Recognition Technology
12.Future Prospects of Facial Recognition Technology in the Financial Services Industry
13.Development of Facial Recognition Technology for Automobiles
14. Development of Facial Recognition Patent Applications
MIC Perspectives
Glossary of Terms
List of Companies
List of Tables

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