According to the report, the global facial recognition industry was estimated at $3.83 billion in 2020, and is anticipated to hit $16.74 billion by 2030, registering a CAGR of 16.0% from 2021 to 2030. Increase in demand for face detection systems to enhance essential safety & security in organizations and emergence of intelligent signage solutions drive the growth of …
Tag Archives: Facial Recognition Market
Facial Recognition Market: A $16.74 Billion Contender By End of 2030, Claims Allied Market Research
Rise in applications of drones is expected to offer lucrative opportunities in the industry. An increase in demand for face detection systems to enhance the essential safety & security in organizations and emergence of intelligent signage solutions drive the growth of the global facial recognition market. Major industry players such as – 3M, Animetrics Inc., …
Global Facial Recognition Market to Generate $16.74 Billion by 2030, States the Report by Allied Market Research
Rise in demand for face detection systems to improve the essential safety & security in enterprises and advent of intelligent signage solutions boost the growth of the global facial recognition market. Allied Market Research published a research report on the global facial recognition market. The findings of the report state that the global market for …