Facial Recognition

Consumer Device Authentication, Persons of Interest Identification, Time & Attendance, Automated Teller Machines, Visitor Access, Border Control, and Other Use Cases for Facial Recognition and Thermography

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Pages: 59
Tables, Charts,
     & Figures:
68
Publication Date: 2Q 2015
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Facial biometrics technology recognizes people as most humans do: by their faces.  However, the biometrics approach is quite a bit different from the human brain’s approach.  Springing from technological breakthroughs in the 1980s and 1990s, facial recognition uses geometric or image matching approaches and is appropriate for both consumer and enterprise use cases.  Visible light face recognition can be deployed as software, using existing cameras for use cases such as mobile device authentication or identifying persons of interest from archived video recordings or from real-time video.  Infrared-based facial thermography is more expensive but, with its high confidence level matching, the technology is likely to see adoption in diverse use cases such as border control, automated teller machines (ATMs), law enforcement, and defense.  Facial recognition technologies are passive, often requiring no action by the person being recognized.  They can also be stealthy, in the case of cameras identifying persons of interest at sporting events or in public areas.

Facial recognition has none of these use cases to itself, facing strong competition from fingerprint recognition, voice and speech recognition, and various forms of eye recognition.  Facial recognition is a moderately sized biometrics market:  larger than some of the newer technologies but smaller than fingerprint recognition or voice and speech recognition.  Starting from a base of $150 million in 2015, Tractica forecasts that global facial recognition revenue will reach $882 million by 2024, with cumulative revenue for the 10-year period totaling $4.9 billion at a compound annual growth rate (CAGR) of 22%.

This Tractica report examines the market for facial recognition biometrics hardware and software, including 10-year forecasts for the period from 2015 through 2024. The report examines 20 use cases specific to face recognition, including competing modalities for the same use cases.  The report forecasts revenue and software licenses for facial recognition, along with revenue and device shipments for facial thermography.  Within each world region, market forecasts are further segmented by industry and use case, to suggest where the opportunities lie.  The report also includes profiles of 15 key industry players in the facial recognition market.

Key Questions Addressed:

  • What is the size of the market for facial recognition software by region, industry, and use case?
  • What are the likely software licensing volumes and revenue for face recognition by region, industry, and use case?
  • What are the likely device shipments and revenue for facial thermography by region, industry, and use case?
  • Which industries represent the largest potential markets for facial recognition?
  • What are the key use cases that will drive growth of the facial recognition market?
  • What are the primary market drivers and barriers for facial recognition technology?

Who Needs This Report?

  • Facial recognition software companies
  • Facial thermography device manufacturers
  • Mobile network operators
  • Mobile device manufacturers
  • Enterprise users of biometrics
  • Solution providers to vertical markets
  • Systems integrators
  • Government agencies
  • Investor community

Table of Contents

  1. Executive Summary
    1. Introduction
    2. Market Forecast
  2. Market Issues
    1. Market Overview
    2. Market Drivers
      1. Common Drivers of Biometric Modalities
      2. Authentication/Identification
      3. Business Use
      4. Personal Use
      5. International Civil Aviation Organization Biometric Passport Specification
      6. Passive and Stealthy Identification
      7. Crowd Applications
      8. Retail Applications
      9. Facial Authentication Can Be a Natural Activity
    3. Market Barriers
      1. Common Barriers in Biometrics Markets
      2. Other Biometrics Compete for Same Use Case
      3. Cultural Inapplicability
      4. Lighting Requirements
      5. Facial Authentication Can Be an Unnatural Activity
    4. Key Use Cases for Facial Recognition
      1. Aid Distribution/Fraud Reduction
      2. Biometric Passport
      3. Border Control (Entry/Exit)
      4. Mobile Border Control
      5. Cashpoint/ATM
      6. Consumer Device Authentication
      7. De-Duplication
      8. Demographic Analysis/Digital Signage
      9. Fraud Investigation and the Retail Industry
      10. Healthcare Tracking and NGOs
      11. Identify Persons of Interest
      12. Mobile Banking Needing a High-Value Second Factor
      13. National ID Card
      14. Online Courses
      15. Physical Building Access
      16. Point of Sale Payment
      17. Proof of Life
      18. Time and Attendance
      19. Visitor Access
      20. Voter Registration/Tracking
    5. Regulatory Issues
      1. Personal Data Privacy
      2. Industry-Specific Privacy Legislation
    6. Regional Differences
      1. North America
      2. Europe
      3. Asia Pacific
      4. Latin America
      5. Middle East & Africa
  3. Technology Issues
    1. Technology Overview
      1. Facial Recognition versus Facial Thermography
      2. The Software Solution: Facial Recognition
      3. The Hardware Solution: Facial Thermography
      4. Technology Differentiators
    2. Accuracy
      1. Enrollment Rates
      2. False Reject Rates
      3. False Accept Rates
      4. Revocable Identities
    3. Response Times
    4. Trusted Computing Zone
  4. Key Industry Players
    1. Aurora Biometrics
    2. Cognitec
    3. FaceFirst
    4. Fulcrum Biometrics
    5. Honeywell
    6. HYPR
    7. ImageWare
    8. Intel
    9. M2SYS Biometrics
    10. MorphoTrust
    11. NEC
    12. Neurotechnology
    13. Nok Nok Labs
    14. Sensory
    15. Suprema
  5. Market Forecasts
    1. Introduction to Forecasts
    2. Forecast Methodology and Assumptions
    3. Forecasts by Region
      1. Total Facial Biometrics Forecasts
      2. Facial Recognition Forecasts
      3. Facial Thermography Forecasts
    4. Forecasts by Industry
    5. Forecasts by Use Case
    6. Conclusions and Recommendations
  6. Company Directory
  7. Acronym and Abbreviation List
  8. Table of Contents
  9. Table of Charts and Figures
  10. Scope of Study, Sources and Methodology, Notes

List of Charts, Figures, and Tables

Charts
  • Annual Facial Biometrics Revenue by Region, World Markets: 2015-2024
  • Cumulative Facial Biometrics Revenue by Region, World Markets: 2015-2024
  • Annual Facial Biometrics Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Region, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Thermography Revenue by Region, World Markets: 2015-2024
  • Annual Facial Thermography Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Industry, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, World Markets: 2015-2024
Figures
  • Biometric Registration of a Refugee in Malaysia
  • eGates for Border Control at Frankfurt am Main Airport
  • ATM in Brazil with Palm Vein Reader
  • U.S. Marines’ Secure Elecnic Enrollment Kit (SEEK) in Training Exercise
  • Former President of Nigeria Goodluck Jonathan Introduces the National ID Card
  • Crossover Error Rate Compared to False Accept and False Reject Rates
  • Intentional Distortion of a Biometric Identity
Tables
  • Annual Facial Biometrics Revenue by Region, World Markets: 2015-2024
  • Cumulative Facial Biometrics Revenue by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Biometrics Revenue by Region, World Markets: 2015-2024
  • Annual Facial Biometrics Devices and Licenses by Region, World Markets: 2015-2024
  • Cumulative Facial Biometrics Devices and Licenses by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Biometrics Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Region, World Markets: 2015-2024
  • Cumulative Facial Recognition Revenue by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Revenue by Region, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Region, World Markets: 2015-2024
  • Cumulative Facial Recognition Devices and Licenses by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Thermography Revenue by Region, World Markets: 2015-2024
  • Cumulative Facial Thermography Revenue by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Thermography Revenue by Region, World Markets: 2015-2024
  • Annual Facial Thermography Devices and Licenses by Region, World Markets: 2015-2024
  • Cumulative Facial Thermography Devices and Licenses by Region, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Thermography Devices and Licenses by Region, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Industry, North America: 2015-2024
  • Annual Facial Recognition Revenue by Industry, Europe: 2015-2024
  • Annual Facial Recognition Revenue by Industry, Asia Pacific: 2015-2024
  • Annual Facial Recognition Revenue by Industry, Latin America: 2015-2024
  • Annual Facial Recognition Revenue by Industry, Middle East and Africa: 2015-2024
  • Annual Facial Recognition Revenue by Industry, World Markets: 2015-2024
  • Cumulative Facial Recognition Revenue by Industry, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Revenue by Industry, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, North America: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, Europe: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, Asia Pacific: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, Latin America: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, Middle East and Africa: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Industry, World Markets: 2015-2024
  • Cumulative Facial Recognition Devices and Licenses by Industry, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Devices and Licenses by Industry, World Markets: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, North America: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, Europe: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, Asia Pacific: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, Latin America: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, Middle East and Africa: 2015-2024
  • Annual Facial Recognition Revenue by Use Case, World Markets: 2015-2024
  • Cumulative Facial Recognition Revenue by Use Case, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Revenue by Use Case, World Markets: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, North America: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, Europe: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, Asia Pacific: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, Latin America: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, Middle East and Africa: 2015-2024
  • Annual Facial Recognition Devices and Licenses by Use Case, World Markets: 2015-2024
  • Cumulative Facial Recognition Devices and Licenses by Use Case, World Markets: 2015-2024
  • Year-on-Year % Change, Facial Recognition Devices and Licenses by Use Case, World Markets: 2015-2024