Markets and Markets : Facial Recognition Market Worth $6.5 Billion By 2018

Contact Center Solutions Industry News [December 18, 2013] (M2 PressWIRE Via Acquire Media NewsEdge) Over the past few years, Facial Recognition Market has crossed the chasm and has become more accurate, less costly and significantly mainstream. This has helped the technology to gain traction and investment from commercial sector. The development of 3D face recognition technology backed by improved imaging solutions, middleware and fast analytics has helped the technology to overcome its traditional flaws such as poor results in low lights, pose variation and image reconstruction Browse 86 market data tables and 27 figures spread through 171 pages and in-depth TOC on "Facial Recognition Market [Emotion; Thermal; Mobile; Forensic; 2D; 3D; Cloud-based Facial Recognition]: Global Advancements, Emerging Applications, Business Models and Worldwide Market Forecasts and Analysis (2013 – 2018)". Early buyers will receive 10% customization on this reports Enquiry Before Buying @ The major forces driving the market are growth of surveillance market and huge spending by the government across the globe on biometric technologies. At the same time, various opportunities exist in consumer electronics segment, handheld devices segment and innovative cloud services based on face recognition technologies (anonymous face analysis). The report Facial Recognition Market: Global advancements, Emerging Applications, Business Models and Worldwide Market Forecast and Analysis (2013 – 2018) defines and segments the global facial recognition market with analysis and forecasting of the global revenues. It also identifies drivers and restraints for this market with insights on trends, opportunities, and challenges. MarketsandMarkets has segmented the […]

IHS: Top 10 Video Surveillance Trends for 2014

As 2013 draws to a close, research firm IHS has released its predictions of video surveillance trends for 2014. As in years past, IHS expects demand for video surveillance solutions to increase, forecasting the global market to grow by more than 12 percent compared to 2013. IHS also believes the emergence of crowd sourcing video surveillance data collection will be a major factor within the industry. The following was written by Niall Jenkins, IHS research manager of video surveillance and security services, about how these expected trends will impact the industry. Video Surveillance: The Star Markets for 2014 IHS has been researching the video surveillance equipment market for more than 10 years. During this time, the market has grown quickly, most years at a double digit rate. The year 2014 will be no exception. IHS forecasts that the global market will grow by more than 12 percent compared to 2013. Within the global market, IHS has identified fixed-dome and 180°/360° network cameras as the fastest growing product segments, and the city surveillance and utilities/energy sectors as the vertical markets to watch. Big Data: Crowd Sourcing Video Surveillance and Social Media Analytics The prevalence of smart phones, with cameras and internet connectivity – combined with social media apps such as Vine or Instagram – has led to the first “crowd sourced” data collection for an investigation in 2013, following the Boston Marathon bombings. Now that the trend has begun, IHS predicts it is likely that police forces will increasingly request, […]