Japan TMT Analyst

Pelham Smithers

Market Intel on Asian Tech with a Japan focus

Pelham Smithers Associates

Founded in 2009, Pelham Smithers Associates (PSA) provides market intelligence on Asian technology, focusing in particular on Japan. The industries covered by our team of specialists are: consumer electronics, telecomms, pharmaceuticals, internet, electronic parts and materials, automotive technology, retail and capital goods. 

Research is provided by the following:
Pelham Smithers: Macro, consumer electronics, telecoms & pharma
Joel Scheiman: Electronics materials / components
Julie Boote: Autos
Will Nestuk: Capital goods, machinery & transportation equipment parts
Thao Nguyen: eCommerce, internet content, marketing & advertising

Equity Bottom-Up

<p>The facial recognition market is set to be worth US$9.6bil in 2022, growing at a cagr of over 20%. Although its use in iPhones is the most high profile part of the facial recognition market, in market-size terms, homeland security is both the largest part of the market today, and is set to remain that way. Germany's Cognitec (pvt) and Japan's <a href="https://www.smartkarma.com/entities/17084" target="_blank" data-smartkarma-citation="entities:17084:1">NEC Corp (6701 JP)</a> look set to be dominant players in this key area of the biometrics market.</p>

The facial recognition market is set to be worth US$9.6bil in 2022, growing at a cagr of over 20%. Although its use in iPhones is the most high profile part of the facial recognition market, in market-size terms, homeland security is both the largest part of the market today, and is set to remain that way. Germany's Cognitec (pvt) and Japan's NEC Corp (6701 JP) look set to be dominant players in this key area of the biometrics market.

NEC (6701 JT) - Facial Recognition Leaders