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2022 Frost Radar :
Biometric Authentication Solutions
NEC is the Global Leader in Biometrics Solutions
Frost & Sullivan has named NEC a Biometrics Solutions Leader for the second time in a row. The Frost Radar report provides buyers with vendor insights based on Frost & Sullivan's research criteria and methodology. NEC has been placed highest in both Growth and Innovation indices.
In the report, you'll discover why NEC has been positioned again this time as a Leader, which validates NEC's breadth of biometric solution capabilities that sets the standard for innovation.
Why NEC?
- Innovating to its extensive portfolio, including edge-enabled biometric touch points for physical/digital access and multimodal platform.
- Providing easy integration and more secure solutions, which enabled a quick recovery of the revenue during the pandemic.
- Guiding the conversation about new technologies and use cases and how it affects end users while providing thought leadership on decentralized identity and self-sovereign ID including a human rights principles.
Watch the Video
NEC’s Vision
"NEC's robust biometric authentication solution emphasizes how NEC's ability to meet existing and new customer demands, empower end users to take control over their biometric data, and steer the biometric industry into the next phase of growth."
Danielle VanZandt, Industry Manager, Commercial & Public Security Research, Frost & Sullivan
Evaluation Criteria
NEC's outstanding achievement was evaluated based on the following categories;
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Innovation
- NEC maintains its position as the biometric authentication leader (in both its Frost Radar™ position and market share) as a result of ongoing innovations to its extensive portfolio. These additions include the expansion of edge-enabled biometric touchpoints for physical and digital access; the creation and provision of its extensive Bio-IDiom multimodal platform and services capability; and the further integration of the its NeoFace facial biometric as a core function for multiple identity applications in both the physical and digital applications.
- NEC also is leading much of the conversation in the biometric authentication industry regarding self-sovereign ID for end users to control their biometric data, and how decentralization capabilities in the authentication portfolio will add protection layers to any biometric-enabled system.
- NEC maintains its position as the biometric authentication leader (in both its Frost Radar™ position and market share) as a result of ongoing innovations to its extensive portfolio. These additions include the expansion of edge-enabled biometric touchpoints for physical and digital access; the creation and provision of its extensive Bio-IDiom multimodal platform and services capability; and the further integration of the its NeoFace facial biometric as a core function for multiple identity applications in both the physical and digital applications.
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Growth
- While NEC did witness some slight revenue slowdowns during the pandemic, its agility in pivoting toward the emerging needs of its client base for touchless, easy integration and more secure, multimodal solutions enabled a quick recovery.
- Throughout the pandemic, NEC focused more on building out conceptual designs and customer relationships outside of the public sector and hospitality industries, which saw more impactful slowdowns to their business. By late 2021 and throughout 2022, as many businesses settled in to changes that the pandemic brought about, NEC was ready with multiple authentication capabilities that were in line with demands of its border control, hospitality, retail, and commercial customer base.
- While NEC did witness some slight revenue slowdowns during the pandemic, its agility in pivoting toward the emerging needs of its client base for touchless, easy integration and more secure, multimodal solutions enabled a quick recovery.
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Frost Perspective
- Through initiatives such as the NEC Group's AI and Human Rights Principles, as well as the company's thought leadership on decentralized identity and self-sovereign ID, NEC has a solid grip on its role as the market leader and remains poised to guide much of the conversation about new biometric authentication technologies and use cases and how they can affect end users for the foreseeable future.
- NEC is considering the gradual expansion of its portfolio to include more software-as-a-service options for its biometric solutions. This will help it simplify the integration periods for customer installation and enrollment, and reduce the introductory costs that may be prohibitive for customers that operate smaller-scale businesses but want robust biometric authentication services.
- Through initiatives such as the NEC Group's AI and Human Rights Principles, as well as the company's thought leadership on decentralized identity and self-sovereign ID, NEC has a solid grip on its role as the market leader and remains poised to guide much of the conversation about new biometric authentication technologies and use cases and how they can affect end users for the foreseeable future.
Read the Full Report here
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NEC collects the following information:
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In relation to the MWC2023 event, we collect your personal information directly from you through the inquiry page or other means when you actively submit to us.
We also use cookies and similar technologies to collect information automatically from your computer or devices.
Sharing of Personal Information
NEC does not share personal information of Californian residents with third parties, including NEC group companies and NEC affiliates.
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Your personal information is sold when it is shared with a third party for monetary or other valuable considerations.
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NEC retains the information it receives about you for a period of 2 years, unless a shorter or longer period is required by California or Federal law
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