Id-Me platform is a software product that includes the features of industry solutions for creating a united biometric landscape
Specially designed biometric identification plugin for CCTV, access control and VideoXpert automation systems created by Pelco
Software product that provides reliable staff monitoring hours through biometric identification
Software product that provides biometric access to banking operations conducted through ATMs
Software product biometric facial identification for security purposes with using video stream
Software product for enriching the biometric capabilities of access control systems
Software product that provides an increased level of targeting by employing biometric identification
Software product that uses biometric identification to display personalized welcome messages on interactive screens and monitors
Software product developed to expand functions of the traditional credit conveyor, and increase the quality of clients’ inspection through biometric verification
Reliable and trustworthy biometric control access to operating and information systems
Software product, which expands the toolset of the electronic queue terminal through biometric identification
Software product that provides a reliable and quick check of the gym clients access right without employee’s participation
A new level of work with visitors and employees of Business centers opened with the help of biometric products.
Biometrics for convenient service to citizens, including remote monitoring of the quality of personnel work.
Biometric monitoring of working hours and additional security tools for industrial facilities.
Modern methods of biometric analytics for safe operation of sports facilities.
Convenient and secure transport solutions based on the digital identity of the passenger.
Biometric solutions for a new level of security and interaction with visitors.
Biometric video Analytics for targeted marketing and personnel control in distributed networks.
Biometric products for proctoring and video surveillance systems in educational institutions.
Keyless biometric access to rooms, targeted approach to each client and information about the time of work for employees.
Necessary tool for the security and competitiveness of a modern Bank.
Improving the level of security, speed of investigations and timely prevention of illegal acts in the urban public space.
Customer-oriented solutions, acceleration of the work process of the registry area, control of the staff of the entire institution.
RecFaces is a developer of enterprise-level multimodal biometric identification application solutions customized to the specific, current, and future needs of various industries.
We are ready for cooperation and sales through the partner network. To get advice on your project, please contact us by e-mail sales@recfaces.com
RecFaces provides regular trainings for partners. There are more than 10 software products, for each product we provide online training courses. Training is free.
We are always happy to answer all your questions. Contact us in any way convenient for you.

The transition to technologies for interacting with people is the main trend of the biometrics market

The transition to technologies for interacting with people is the main trend of the biometrics market

In recent years, the global biometrics market has been developing rapidly, and this trend will continue in the foreseeable future.

If in 2018 its volume was estimated at $23.4 billion, then by 2024, according to the forecast of the analytical company BCC Research, the market size may increase to $71.6 billion with an average annual growth rate of 23.2 %. By this time, the volume of the Russian biometrics market will reach $1.1 billion. Fingerprint scanning, facial recognition, iris, vein, and voice technologies are expected to be implemented at the fastest pace.

https://recfaces.com/wp-content/uploads/2021/05/according-to-the-forecast-of-the-analytical-company-bcc-research-02.png

The forecast of J'son & Partners Consulting assumes an even higher growth rate of the Russian biometrics market — about 29.5 %. According to the company's calculations, the Russian market will grow faster than the world market, and the projected annual growth rate of biometric technologies in Russia in the next couple of years will exceed the global figure by more than 1.6 times. Russia's share in the global biometrics market will also grow, although it will continue to remain insignificant — slightly more than 1 % by 2022.

The structure of the Russian market of biometric technologies differs from the world market. If the global market is dominated by fingerprint identification technology, then Russia is more actively implementing facial recognition technology, the share of which has grown to almost 50% by 2019. Fingerprint identification in the domestic market continues to dominate only in the segment of access control and management systems (ACS) and in the field of criminology. Also in Russia, the global share of vein recognition technologies is much higher.

https://recfaces.com/wp-content/uploads/2021/05/the-structure-of-the-russian-market-of-biometric-technologies.png

Another difference is the share of state participation in the development of the market. If the development of biometric technologies in the world was initially financed from the state budget, starting from biometric documents and border control systems and ending with security systems, including video surveillance, then in Russia the development of biometrics began mainly with the commercial sector. For example, in 2014, about 87% of the entire Russian biometric technology market was accounted for by ACS and time tracking solutions, which are mostly used by commercial companies (in 2018, this figure was 53 %). And if the demand for biometric technologies in the world is gradually moving from the public sector to the commercial sector, then in Russia the reverse process is going on, and the share of the state is growing at a higher rate.The main drivers of the growth of the Russian market are the banking sector, the service sector of sports facilities and transport, where the share of state participation is high.

The leading role in the growth of the domestic biometrics market is assigned to the Unified Biometric System (UBS), a national platform operated by Rostelecom. In the business sphere, its advantages are reduced costs, the ability to obtain reliable customer data, transfer services completely to digital form, as well as the ability to digitally identify and conclude contracts without taking into account the geographical location of the object. For individuals, the implementation of UBS means access to services at any time, anywhere, with increased security and without paper registration. In addition, you can choose the best offer on the market. Currently, the UBS covers 207 banks with more than 13 thousand branches in 1048 cities.

According to the forecast of J'son & Partners Consulting, among all Russian industries, the highest growth rate (54% CAGR) in the period up to 2022 will be demonstrated by the banking biometrics sector, which by the end of the forecast period will increase its share in the total volume of the Russian biometric technology market by more than two times compared to 2018.

If we talk about new promising areas in Russian biometrics, the key trend will be the transition from the internal use of biometric solutions to B2C / client services.

  • In transport (especially at airports), it is expected that there will be a transition from video surveillance systems and biometric ACS to paperless Self-Boarding systems;
  • at sports facilities — to the development of paperless payment technologies at cash desks;
  • in the banking sector — to payment systems with remote customer identification;
  • in retail and hotel and restaurant business — from employee time tracking systems to biometric payment systems, biometric check — in systems and the use of biometric identifiers.