Advances in biometric solutions are paving the way for advanced facial recognition technologies to comply with diverse end-use applications. Biometrics comprises an advanced feature portfolio that functions on the basis of physical characteristics and behavioral changes to manifest in stringent digital identification codes as these attributes remain largely unaltered. Facial recognition technology is largely used to identify someone from an already existing database and also to validate someone's identity. Facial recognition system functions on the basis of complex algorithms that help in creating a unique biometric template for reference. The template is designed by optimal detection of unique characteristics such as features and unique anatomical arrangement of sense organs, chin, mouth and eyebrows.
Guided by optimum applications across a myriad end-use applications, facial recognition technology is a fast growing sector. Instances of data breach and identity fraud have become commonplace instances on the back of tremendous internet consumption and web based applications. With surge in e-commerce and online retail, financial transactions are fast becoming digitized for user convenience. However, with digitized economy in place, chances of online fraud have escalated manifold thus further necessitating adoption of facial recognition technology.
Smartphone Diversification with Advanced Access System Facilitates Facial Recognition Adoption
In terms of judicious adoption of facial recognition technology across verticals, adoption in law enforcement is one of the most potential use cases. In recent years, law enforcement institutions are massively depending on facial recognition technology to accurately identify criminals. Additionally, several federal governments also strongly bank upon facial recognition to meet diverse end-use needs such as border security identification, customs as well and citizenship and fraud detection. This clear dependence is attributed to an array of functional features, allowing the facial recognition technology market to flourish enormously.
Yet another decisive use case of facial recognition technology is in smartphones which now use advanced biometrics solutions such as images to facilitate password protection. In contrast to popular methods of PIN and passwords, users are increasingly depending on facial biometrics for device access. In similar lines, mobile apps are also designed to accommodate facial recognition technology to facilitate safe user access to banking and digital transactions.
Further, with relentless rise in patient pools, soaring disease prevalence, as well as improved healthcare infrastructure, reliance on advanced facial biometrics solutions is likely to witness upward trend to accommodate accurate patent identification. Digitization in healthcare has further necessitated adoption of advanced facial biometrics for patient record maintenance as well as to sustain safety and security by barring random access within premises.
Additional features such as emotional detection is also facilitated by facial recognition technology. It becomes overtly crucial to correctly monitor ICU patients in order to retain uninterrupted functionalities of invasive devices. Additionally, critical patients who fail to verbally express pain and discomfort are monitored through emotional detection for superlative healthcare delivery. Factors as such are poised to favor steady growth in global facial recognition technology market in the forthcoming years.