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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
Face recognition is a form of biometric identification that relies on data acquired from the face of an individual. Now a day's face recognition systems are a need of a number of defense, security and commercial applications .
Growing numbers of applications are starting to use face-recognition as the initial step towards interpreting human actions, intention, and behavior, as a central part of next-generation smart environments. Finding a face from a video frame is one of the situations where face recognition may help reasonably.
Human can easily and quickly identify this variance while machine is slower and error prone. There are numbers of standard algorithm for biometrics recognition used these days. Majors are implemented using MATLAB (Matrix Laboratory) , Open CV and other dedicated software's using C or some other coding language.
Maximum number of already developed face recognition system on FPGA uses soft core processor NIOS of Altera for implementing the system.
The Global automotive keyless entry facial recognition system market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
GENESIS INTRODUCES WORLD FIRST KEYLESS ENTRY FACE RECOGNITION TECHNOLOGY ON 2023 GV60
Genesis GV60 will be the first car in the world to feature pioneering face recognition technology as part of biometric vehicle entry and engine start . Other new features include Digital Key, which grants access for up to four people without the need for a physical key to be present . Ergo Motion massage driver seats and heated front and rear seats now come as standard across all 2023 GV60 models.
The 2023 Genesis GV60 will introduce an innovative Face Connect feature which gives customers the ability to access their car using their face alone. Using a face recognition sensor with a deep-learning image processing controller, GV60 can be both locked and unlocked without the need for a physical key.
The setting up process is made seamless by the Genesis Connected Services (GCS) App: customers will only need to access the car with the physical key once in order to set up their profile for face recognition entry and to start the car using their fingerprint.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |