CyberLink to provide face biometrics to Bitkey for smart access and security as edge market growth surges
CyberLink will provide its FaceMe biometric facial recognition to Bitkey, a Japanese digital key platform company, under a new partnership to address a range of potential use cases, including smart access to buildings and smart security.
The Bitykey platform has adopted FaceMe biometrics to integrate with its smart lock, smart access and security solutions for homes and buildings. The platform was designed for contactless facial recognition for admission to concert venues, in addition to secure entry for homes and offices.
The first deployment was to an apartment building in Tokyo’s Koto District, allowing residents to enter with face biometrics instead of security cards or traditional keys.
“Access, security and safety will always be a priority for smart buildings and facial recognition is one of the best technologies for identification and authentication,” comments Dr. Jau Huang, CEO of CyberLink. “With the Bitkey platform now powered by FaceMe, residents will not only have a more convenient and seamless way to enter and exit their building, but they will have confidence in the security of their home.”
CyberLink says the FaceMe AI facial recognition engine supports a wide range of technologies and platforms for the internet of things (IoT) and artificial intelligence of things (AIoT), such as CPUs, AI vision processing units, and Nvidia Jetson. FaceMe can run on light-weight, low power consumption IoT platforms, according to the announcement.
The company also just announced it has licensed FaceMe to Lilin for contactless physical access control.
Face biometrics market growth particularly strong at edge
Biometric facial recognition using computing resources at the network edge are forecast to grow from $765.7 million in 2019 to over $2.287 billion in 2025, a compound annual growth rate of 20 percent by a new report from 360iResearch.
The ‘Face Recognition using Edge Computing Market Research Report…’ breaks down the market by device type, component and application, and covers the cumulative impact of COVID-19, over 205 pages. Standalone devices are expected to be the most popular device type, though integrated systems are currently more common, while attendance tracking and monitoring is forecast for the highest growth among applications. Asia-Pacific is expected to have the highest growth rate of any region.
The overall global market for facial recognition is expected to grow at a 12 percent CAGR from 2020 to 2024, or $3.35 billion, driven by increasing popularity for the modality, increasing identity threats and growing adoption of 3D technology, according to a report from TechNavio.
The 120-page ‘Global Facial Recognition Market 2020-2024’ examines market trends, growth drivers and challenges, and segments the market by 2D and 3D technology, end user and region. Profiles of about two-dozen leading vendors is also included.