Facial Recognition Market Size, Share, Drivers and Industry Forecast to 2028
The global Facial Recognition Market is estimated to be worth USD 6.3 billion in 2023 and is projected to reach USD 13.4 billion by 2028, at a CAGR of 16.3% during the forecast period. Accelerated adoption of facial recognition technology during and after the pandemic is driving the growth of the facial recognition market.
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The...
Facial Recognition Market Powerfully Steered by Rising Applications in Various Industry Sectors
Facial recognition is a software application that enables biometric devices to identify individuals’ biometric features using facial specification. The facial recognition application is used to scan, store, identify, and verify the features of human faces by associating the digital images with those that are saved in databases. Facial recognition identifies a person by comparing the person’s image...