Global Facial Recognition Biometrics in Consumer Electronics Market to grow at a CAGR of 102.42% during 2016-2020

Albany, NY, May 09, 2017: 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.

The global facial recognition biometrics in consumer electronics to grow at a CAGR of 102.42% during the period 2016-2020. 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

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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

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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?

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