At 18.1% CAGR, Facial Recognition Market Size Expected to Reach USD 11604.5 Million by 2027 Says Brandessence Market Research
In addition, another major factor for the growth of global facial recognition market is growing investment in facial recognition technologies by the government and defense sector.
- In addition, another major factor for the growth of global facial recognition market is growing investment in facial recognition technologies by the government and defense sector.
- However, high implementation cost and lack of accuracy of facial recognition technology may hamper the global facial recognition market growth.
- In spite of that, increasing adoption of cloude-based facial recognition technology can provide various opportunities for the further growth of the global facial recognition market over the forecast period.
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