US Facial Recognition Industry Overview
The United States facial recognition market currently houses numerous small vendors and few prominent market players that offer the solution; owing to this, the market is moderately fragmented and observing the significant level of competition in terms of investments and M&A activities. Over the coming years, the competition in the market is expected to intensify even further as substantial vendors in the market look towards M&As.
- January 2020 - FaceFirst, the leading U.S. computer vision company, announced that its SDK (Software Development Kit) will now be available, enabling developers of security and identity verification products to incorporate advanced facial recognition and other video analytics into their solutions with just a few lines of code.
- November 2019 - NEC Corporation announced the conclusion of a global cybersecurity agreement with the International Criminal Police Organization (INTERPOL). This alliance will replace an existing contract that was formed in 2014. The combination of INTERPOL's international network with NEC's cutting-edge cybersecurity solutions will help the investigation and analysis of complex and sophisticated crime at the international level. This partnership with an international body will help the company to create more opportunities for facial recognition solutions as well.
US Facial Recognition Market Leaders
-
Panasonic Corporation
-
NEC Corporation
-
Aware Inc.
-
Gemalto NV (Thales Group)
-
Cognitec Systems GmbH
- *Disclaimer: Major Players sorted in no particular order
