The May 16, 2023 report, authored by Chris White and Jennifer Kent from Parks Associates, explores the role of face recognition technology in security and personalization. The paper delves into how artificial intelligence (AI) can elevate user convenience and security, mitigating vulnerabilities in the connected home. It examines consumer intentions in purchasing security devices and addresses the regulation of biometric data and data processing strategies. The primary insight emphasizes that security and privacy concerns play a crucial role in influencing brand loyalty, trust, and the revenue growth associated with security products.
Keywords: Access Controls, Architecture/Engineering, Artificial Intelligence (AI), Audio/Video, Blade/Edge Technology, Cloud & Data Analytics, Connected Home, Control & Monitoring Equipment/Sensors, Consumer Electronics, Cybersecurity/Privacy, Energy Efficiency/Management, Internet of Things (IoT), Protocols/Standards, Robotics, Training