Facial Recognition Market size to Grow by USD 7.6341 billion from 2022 to 2027 | The increasing instances of identity threats to boost market growth- Technavio
NEW YORK, Nov. 12, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.
- NEW YORK, Nov. 12, 2023 /PRNewswire/ -- The facial recognition market size is estimated to increase by USD 7,634.09 million from 2022 to 2027.
- In addition, the growing popularity of online gaming and social media among younger generations also contributes to increasing identity threats.
- Additionally, in the future photo-based identification will be integrated with advanced 3D facial recognition to improve the security capabilities of facial recognition biometrics.
- The facial recognition market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.