Facial Recognition Market Set to Skyrocket to USD 25.4 Billion by...

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2025-01-09 14:29:22 -

Facial Recognition Market Set to Skyrocket to USD 25.4 Billion by 2033, Growing at a 16.1% CAGR

The face recognition market is expected to increase at a 16.1% compound annual growth rate (CAGR) from US$ 5.7 billion in 2023 to US$ 25.4 billion by 2033, according to a new FMI report. This poll indicates that the modern CCTV cameras installed in most public locations to deter crime and terrorist acts and to improve public safety are receiving more funding from the government, which...

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