Facial Recognition technology is a very well-versed biometric technology now, especially in its adoption in numerous applications. Due to its contactless interaction feature, it has been adopted by various industries, from security and surveillance to AI tools, and even providing a more personalized advertising experience, …
According to a research report “Facial Recognition Market by Component (Software Tools (3D Facial Recognition) and Services), Application (Law Enforcement, Access Control, Emotion Recognition), Vertical (BFSI, Government and Defense, Automotive), and Region – Global Forecast to 2025” published by MarketsandMarkets,The global post-COVID-19 Facial recognition market …
MarketsandMarkets forecasts the a new market research report “global facial recognition market size to grow from USD 3.2 billion in 2019 to USD 7.0 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 16.6% during 2019–2024”. Growing surveillance market and increasing applications in …