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OverviewThe facial recognition market size will witness a healthy growth from 2016 to 2022, a research report suggests. Growing at a CAGR of 19.68%, the market is projected to reach US$8.93 billion by 2022. Significance of the surveillance market is expected to support the market growth along with the rising demand for surveillance. As predicted by analysts, difficulty in dealing with legal risks and discovery will negatively affect the market’s performance from 2016 to 2022. During the forecast period, the market will be s... more

Market AnalysisThe security applications of facial recognition are motivating the facial recognition market in 2020. The AI and analytics reports are made by Market Research Future, which includes market possibilities for advancement.  According to the Facial Recognition Market Forecast, Market Research Future (MRFR) expects to reach USD 17.35 Billion with a CAGR of 16.54% from 2016 to 2030The uptick in international crime rates is estimated to create a favourable ground for the facial recognition market shar... more

Detailed Regional Analysis The regional investigation of the Facial Recognition Industry is segmented regions such as the Asia Pacific, the Middle East, North America, Europe, and Africa. The facial recognition market in North America is heading the global market due to the speedy implementation of facial recognition technology in a number of non-government and government sectors and the growing use of electronic devices that are fortified with this technology by the customers in this region. The facial recognition mar... more

Market AnalysisThe security applications of facial recognition are motivating the Facial Recognition Market Growth in 2020. The AI and analytics reports are made by Market Research Future, which includes market possibilities for advancement.  According to the Facial Recognition Market Forecast, Market Research Future (MRFR) expects to reach USD 17.35 Billion with a CAGR of 16.54% from 2016 to 2030The uptick in international crime rates is estimated to create a favourable ground for the facial recognition mark... more