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The Business Research Company offers facial recognition market research report 2023 with industry size, share, segments and market growth
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Facial Recognition Global Market Report 2023 Market Size, Trends and Global Forecast 2023-2032
Facial Recognition Market Segments The Business Research Company segments it’s facial recognition market report as: By Technology 2D, 3D, Facial Analytics Emotion Recognition, Attendance Tracking And Monitoring, Access Control, Security And Surveillance By Application Retail And E-commerce, Media And Entertainment, Banking, Financial Services And Insurance (BFSI) By End User By Industry Vertical By End Users
Market Statistics The global facial recognition market size grew from $5.43 billion in 2022 to $6.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.5%. The facial recognition market size is expected to grow to $11.35 billion in 2027 at a CAGR of 16.0%. Click Here To Get A Sample Report
Key Market Drivers And Trends • Drivers The growing importance of the surveillance industry is expected to drive the facial recognition market. Trends Strategic partnership is a key trend in the facial recognition market. • Region North America was the largest region in the facial recognition market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the facial recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Key Market Players • Major players in the facial recognition market are: • Aware Inc • Ayonix Corporation • Cognitec Systems GmbH • FacePhi • NEC Corporation • Nuance • And more. Get More Information On The Facial Recognition Market Report
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