FindBiometrics
Global Identity Management
A new report from Grand View Research predicts that the overall image recognition market will jump to $109.4 billion between 2020 and 2027. That figure represents a CAGR of 18.8 percent for the entire forecast period. The vast image recognition market includes everything from surveillance and medical imaging to the driver assist systems in smart […]
Grand View Research is predicting that the global physical security market will grow at a slow but steady rate for the next few years. The firm has released a new report that projects that the market will climb to $171 billion by 2027, albeit at a relatively modest CAGR of 6.5 percent for the entire […]
The biometrics industry is enormous, and highly varied. It encompasses a range of technologies and spans across many sectors and myriad applications. And it’s still growing, with new opportunities and challenges constantly emerging. That’s why it is so important to try to get a clear view of the big picture, and one of the best […]
Allied Market Research (AMR) has released a new report that predicts that the market for emotion detection and recognition technology will climb from $5.8 billion in 2016 to $33.9 billion by 2023. Those numbers represent a CAGR of 28.9 percent between 2017 and 2023. AMR credited much of that growth to the rising ubiquity of IoT devices, including […]
Meticulous Research has released a new report that predicts that the market for speech and voice recognition technology will climb to $26.8 billion between 2019 and 2025. That figure represents a CAGR of 17.2 percent. Meticulous credits the anticipated demand to technology advancements that will make it easier to integrate voice and speech recognition into […]
ABI Research has released a new report that predicts that the border biometrics market will be worth $3.5 billion by 2025. The market encapsulates all of the biometric technologies that have been deployed to screen travelers at international borders in the past few years, including kiosks, e-gates, and security cameras with fingerprint, face, and iris […]
MarketsandMarkets has released a new report that suggests that the international market for emotion detection and recognition technology will double within the next four years. The firm specifically predicts that the market will climb from $21.6 billion in 2019 to $56 billion by 2024, a figure that represents a CAGR of 21 percent. The emotion recognition market includes […]
Experian has released a new report that suggests most people would like a more personal online shopping experience. Specifically, the firm’s 2020 Global Identity and Fraud Report found that 55 percent of consumers felt like they were going unrecognized in their dealings with online merchants, which is at odds with the 95 percent of businesses […]
MarketsandMarkets has released a new report that suggests that the global Biometrics-as-a-Service (BaaS) market will climb from $1.2 billion to $2.7 billion between 2019 and 2024. Those figures represent a CAGR of 17 percent for the forecast period. The estimate is slightly less ambitious than a recent report from Allied Market Research (AMR) that predicted […]
Adroit Market Research has released a new report that predicts that the global facial recognition market will climb above $12 billion by 2025. That figure eclipses previous reports from MarketsandMarkets and Reports and Data. The former predicted that the global facial recognition market would reach $7 billion by 2024, while the latter forecast that the […]
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