Car rental industry, self drive car rental, car rental companies, car rental market, global rent a car : Ken Research - PowerPoint PPT Presentation

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Car rental industry, self drive car rental, car rental companies, car rental market, global rent a car : Ken Research

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Facial recognition technology has begun to gain traction on devices like i-Phone X. Just recently IDEMIA announced their plan to install facial recognition cameras in rental vehicles. IDEMIA is a French company that specializes in biometrics and digital technology. Certain digital methods have been introduced in the recent past in order to improve the safety and security of rented cars. – PowerPoint PPT presentation

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Title: Car rental industry, self drive car rental, car rental companies, car rental market, global rent a car : Ken Research


1
  • Facial Recognition Technology And Car Rental
    Industry Market Outlook Ken Research

2
  • Facial recognition technology has begun to gain
    traction on devices like i-Phone X. Just recently
    IDEMIA announced their plan to install facial
    recognition cameras in rental vehicles. IDEMIA is
    a French company that specializes in biometrics
    and digital technology. This company is using
    technology to increase the security of rented
    vehicles. Car rental market research reports
    indicate that the number of users opting for car
    sharing services is expected to surge by 2025.
    However, this technology is posing a serious
    threat to privacy. Law authorities and car rental
    companies will now be able to spy on people. Car
    rental companies can combine GPS and facial
    recognition data to create an intimate record.

3
  • Certain digital methods have been introduced in
    the recent past in order to improve the safety
    and security of rented cars. These methods mostly
    rely on digital photography. The technology is
    now improving and there is more advanced and
    improved methods to combat the issue of security
    of rented cars. Omoove under Octo Telematics with
    its partner IDEMIA has developed an application
    called EasyOpen which people can download on
    their smart phones and use as keys to their
    rented cars. This was a step taken in the
    interest of security to ensure that only
    authorized people operate the vehicle. Both these
    companies have now taken a step further in the
    interest of security. They have now incorporated
    facial recognition into their EasyOpen solutions
    system. The system uses the smart phone to create
    the identity of the driver by registering ID
    documents while afterwards granting access to the
    car through a selfie thanks to IDEMIAs facial
    recognition solution. The digital enrolment
    process combined with facial recognition
    technology will securely enroll and authenticate
    the driver before EasyOpen automatically opens
    the car.

4
  • Security is an immediate concern for the industry
    because it is expected that the number of people
    availing car rental and car sharing services will
    increase. Private car usage will then decrease
    and car rental services will need high performing
    technologies to secure shared and rented
    vehicles. IDEMIA and Omoove have strengthened
    their position in this market with simple and
    fast EasyOpen solutions.
  • Until now the incorporation of facial
    identification technology was not part of the car
    rental industry however, it has now been brought
    into the industry by some of the most reputed
    players. Omooves parent company Octo Telematics
    is a European leader in providing innovative
    technological solutions. OT Morpho (Oberthur
    Technologies) now known as IDEMIA is a leading
    global provider of security software products and
    services. Apart from this, it also specializes
    in Augmented Identity to cater to the modern
    digital world and has a strong foothold in the
    field.

5
  • Car rental industry analysis reveals a rapidly
    increasing demand. This industry is undergoing
    advancements in the security sector with big
    players like OT and Morpho joining forces to form
    IDEMIA and thereby augmenting technological
    change by introducing facial recognition
    technology. Their innovation is being well
    received globally as they serve 180 countries.

6
  • For more information, click on the link below
  • https//www.kenresearch.com/tag/automotive-transpo
    rtation-and-warehousing/car-rental/161.html
  • Related Report -
  • https//www.kenresearch.com/automotive-transportat
    ion-and-warehousing/automotive-and-automotive-comp
    onents/saudi-arabia-vehicle-leasing-market/143546-
    100.html
  • Contact Us-
  • Ken Research
  • Ankur Gupta, Head Marketing Communications
  • sales_at_kenresearch.com
  • 0124-4230204

7
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