Home › News Updates › BiometricUpdate.com cites MarketsandMarkets as a key reference for Facial Recognition Market
BiometricUpdate.com mentioned MarketsandMarkets in their article on deep fake technology outpacing security countermeasures, highlighting the future market scenario for facial recognition.
Facial recognition technology is used to minimize the threats associated with terrorism and border securities. The increased need for enhanced surveillance and monitoring at public places and the use of facial recognition technologies in various industries, such as the government are driving the global facial recognition market, with the market value projected to reach USD 7.76 billion, at a CAGR of 13.9% during the forecast period 2017-2022.
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Report mentioned in the above news is,
Facial Recognition Market by Component (Software Tools and Services), Technology, Use Case (Emotion Recognition, Attendance Tracking and Monitoring, Access Control, Law Enforcement), End-User, and Region - Global Forecast to 2022
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