Worldwide Facial Recognition Market Is Expected to Reach $9.6 Billion by 2022; Finds New Report
World Facial Recognition Market - Opportunities and Forecasts, 20152022, the global facial recognition market is expected to generate revenue of $9.6 billion by 2022, growing at a CAGR of 21.3% from 2016 to 2022. Facial recognition is a biometric technology that selects facial features of an individual and compares them with an available database to provide identification and authorization. North America is expected to dominate the market throughout the forecast period, owing to the high expenditure on security systems by...
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