FB pixel

Iflexion examines ‘cautious adoption curve’ of facial recognition in blog post

Iflexion examines ‘cautious adoption curve’ of facial recognition in blog post
 

Biometric facial recognition adoption is increasing, but impacted by multiple privacy concerns across different application areas, according to an extensive blog post on the technology’s market outlook from web development and software customization company Iflexion.

The post examines general trends in facial recognition adoption, with particular emphasis on the retail, travel and hospitality, and health care verticals. It cites surveys indicating 14 percent of business in North America and Europe use Apple’s Face ID, while 13 percent use Windows Hello for facial recognition logins, 7 percent use Android Face Unlock (Trusted Face), and 4 percent use Samsung’s iris recognition technology. It also refers to market research from Markets&Markets, Research and Markets, and Variant Market Research, which project the market to reach $7.76 billion by 2022, $14.95 billion by 2024, and $15.4 billion by 2024, respectively. Statistics MRC has also forecast the global facial recognition market to grow to $14.95 billion by 2026.

Surveys indicate that the public wants governments to regulate the use of facial recognition, particularly in retail settings and airports. Efforts from companies like ModiFace, which was recently acquired by L’Oreal, and has curated a dataset of 250,000 images including people from different ethnic groups, may further improve consistency of different algorithms matching people with darker skin, and alleviate some concerns with the technology. Meanwhile, Iflexion says prominent law firm Drinker Biddle & Reath has warned companies adopting the technology to be aware of changing regulations.

In retail, facial recognition could mitigate shoplifting and employee theft, which account for 37 and 30 percent, respectively, of retail shrinkage. Iflexion notes a range of possible applications of facial recognition in the travel and hospitality sectors, including authorization and access control for air travel and hotels, as well as events. It also notes that 70 percent of consumers say they prefer human interactions, according to Site Group research. Healthcare applications of facial recognition are led by patient management and self-medication technologies, but novel applications ranging from wheelchair control to diagnostics present significant growth potential for facial recognition.

The public sector in China and the U.S. are major adopters of facial biometrics, but racial bias and accuracy remain an unresolved issue that could present a barrier to emerging facial recognition solutions, Iflexion says, among its key takeaways for this year.

Gemalto Commercial Markets Manager Mary Probst wrote in a recent guest post for Biometric Update that careful construction of pilot projects can encourage public trust and benefit the commercial future of facial biometrics.

Article Topics

 |   |   |   |   |   |   | 

Latest Biometrics News

 

Hawaii ID issue shows interoperability matters as digital IDs scale

By Albert Roux, EVP Product for Microblink Travelers at Hawaii airports recently experienced delays because valid state-issued IDs could not…

 

State Department moves to buy Clearview AI licenses for Colombia police

The U.S. State Department’s Bureau of International Narcotics and Law Enforcement (INL) at the U.S. Embassy in Bogotá, Colombia is…

 

Meta licensed ROC facial recognition, liveness for smart glasses project

Meta’s development of facial recognition for its smart glasses is drawing sharper scrutiny after reporting that the company licensed technology…

 

UK aims to lead the world with new age restrictions for social media, AI chatbots

After months of promises, the UK government has pulled the trigger on regulations to restrict social media sites for children…

 

Germany moves to allow police facial recognition searches of online images

Europe’s largest internet industry association, eco, has warned against Germany’s plan to allow its law enforcement agencies to run automated…

 

US senators propose curbs on AI-generated election deception

A group of Senate Democrats Thursday renewed a push to regulate the use of AI in federal elections, targeting both…

Comments

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Biometric Market Analysis and Buyer's Guides

Most Viewed This Week

Featured Company

Biometrics Insight, Opinion

Digital ID In-Depth

Biometrics White Papers

Biometrics Events