Global facial recognition market was valued at US$ 1,307.0 Bn in 2014 and is expected to reach US$ 2,671.8 Mn by 2022 to grow at a CAGR of 9.5% from 2015 - 2022

According to a new market report published by Transparency Market Research “Facial Recognition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, the global facial recognition market is forecast to reach US$ 2,671.8 Mn by 2022. The market is driven by increased demand for surveillance ... Read more

According to a new market report published by Transparency Market Research “Facial Recognition Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, the global facial recognition market is forecast to reach US$ 2,671.8 Mn by 2022. The market is driven by increased demand for surveillance systems by civil and government agencies.

This is majorly due to the rising number of crimes and terrorist activities across the globe that would elevate the ... Read more