[Asia Economy Reporter Hyunseok Yoo] Suprema, a bio-recognition specialist company, announced on the 5th that with the global spread of the novel coronavirus infection (COVID-19), demand for facial recognition has significantly increased, resulting in sales of facial recognition products more than doubling compared to the previous year until last month.


A company official stated, "Recently, inquiries about facial recognition products from the Middle East region, including Bahrain, Kuwait, and the United Arab Emirates (UAE), have greatly increased," adding, "Even in Japan, where there is traditionally strong resistance to contact, demand for facial recognition has further increased due to the spread of COVID-19. Through Nomura Real Estate, a leading real estate developer in Japan, we supplied over 500 facial recognition devices to office buildings across Japan."


Suprema also explained that in South Korea, cases of supplying facial recognition to public institutions such as government offices, local governments, and Korea Hydro & Nuclear Power are increasing. Additionally, inquiries about the introduction of contactless products are rising mainly in small offices and apartment communities, leading to a significant increase in sales of the affordable facial recognition device, FaceLite.



Meanwhile, the security industry expects that the domestic access security market will be reorganized around facial recognition starting from this COVID-19 situation. According to the Korea Information Security Industry Association, the domestic facial recognition market size is expected to grow by 9.2% from the previous year to {$_1,514억 this year.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing