The facial recognition market is predicted to experience a remarkable compound annual growth rate (CAGR) of 16.13% from 2023 to 2030. The market was worth $5.8 billion USD in 2022 and is expected to surpass $16.5 billion USD by 2030, according to Reports Insights Consulting.
Facial recognition has become an essential technology for many government agencies to support criminal investigations and to detect and prevent fraud for government benefits and credentials.
For more than 32 years, NEC has been a leader in facial recognition technology. We’re proud to offer NeoFace® Reveal, an easy and effective facial recognition application providing law enforcement, crime laboratories, and civil applicant processing agencies the ability to recognize facial images (ranging from good to very poor quality) by performing either a one-to-many (1:N) search or one-to-one (1:1) match against a database of thousands to millions of database records. NeoFace Reveal is the software solution for questions of identity for identification, investigation and verification use cases.
The strength of NEC’s NeoFace technology lies in its tolerance of poor quality as well as demographic diversity, whether age, gender, or race. Highly compressed surveillance videos and facial images, previously of little or no value, are now usable, leading to higher rates of identification. NeoFace facial recognition technology has been extensively and repeatedly benchmark tested by NIST since 2009 and consistently achieves a first place ranking regarding search accuracy within the biometric industry!
Download the NeoFace Reveal data sheet to discover advanced capabilities, including quick search, video face de-clustering, morphological analysis and more. Or connect with an NEC expert directly by filling out the form below.
- “Facial Recognition Market Set For Significant Expansion,” – Reports Insights Consulting
- “NIST Face Recognition Vendor Test (FRVT)” – Past & Ongoing FVRT Activities
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