Posts

Showing posts with the label Facial Recognition Market Size

Facial Recognition Market: Trends, Challenges, and Opportunities

Image
  San Francisco, 31 May 2024:  The Report  Facial Recognition Market  Size, Share & Trends Analysis Report By Technology (2D, 3D, Facial Analytics), By Application (Access Control, Security & Surveillance), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global facial recognition market size is expected to reach USD 15.84 billion by 2030 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.9% from 2023 to 2030. Facial recognition is a contactless biometric solution that is a critical factor contributing the market growth. Contactless solutions enable easy deployment in consumer devices. It is also effortless and convenient to use, further contributing to rising adoption. Apart from individual identities, the technology can gather demographic data on crowds; thus, increasing its usability. Such factors are anticipated to drive market growth. The facial recognition market is witnessing exponential growth owing to

Facial Recognition Market Size Is Expected To Reach USD 15.84 Billion By 2030

Image
  San Francisco, 29 May 2024:  The Report  Facial Recognition Market  Size, Share & Trends Analysis Report By Technology (2D, 3D, Facial Analytics), By Application (Access Control, Security & Surveillance), By End-use, By Region, And Segment Forecasts, 2023 - 2030 The global facial recognition market size is expected to reach USD 15.84 billion by 2030 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 14.9% from 2023 to 2030. Facial recognition is a contactless biometric solution that is a critical factor contributing the market growth. Contactless solutions enable easy deployment in consumer devices. It is also effortless and convenient to use, further contributing to rising adoption. Apart from individual identities, the technology can gather demographic data on crowds; thus, increasing its usability. Such factors are anticipated to drive market growth. Facial recognition is highly used for security and law enforcement appl

Facial Recognition Market Progressing At A CAGR Of 15.4% From 2021 To 2028

Image
  San Francisco, 22 June 2021:   The Report  Facial Recognition Market  Size, Share & Trends Analysis Report By Technology (2D, 3D, Facial Analytics), By Application (Access Control, Security & Surveillance), By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global facial recognition market size is expected to reach USD 12.11 billion by 2028 according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 15.4% from 2021 to 2028. Facial recognition is a contactless biometric solution that is a critical factor contributing the market growth. Contactless solutions enable easy deployment in consumer devices. It is also effortless and convenient to use, further contributing to rising adoption. Apart from individual identities, the technology can gather demographic data on crowds; thus, increasing its usability. Such factors are anticipated to drive market growth. Facial recognition is highly used for security and law enforcement ap