The market for LCD panels for IT applications (monitors and notebooks) was generally quite sluggish during 2015. There was also a lack of interesting products that could stimulate replacement activities. According to the latest large-size LCD panel shipment report from WitsView, a division of TrendForce, global shipments of monitor panels for 2015 fell 11% year on year to 142.2 million units.
Facial recognition technology is expected to enjoy accelerated growth over the next five years as its applications emerge in the government, enterprise, finance, consumer and other market sectors. According to the global market research firm TrendForce, the market value of facial recognition solutions is projected to reach US$230 million in 2015 and will grow to an estimated US$450 million in 2019.