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The facial recognition market size has grown rapidly in recent years. It will grow from $6.15 billion in 2023 to $7.09 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%.
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Facial Recognition Global Market Report 2024 Global Forecast 2024 – 2033 Market Size, Drivers, And Trends Top Market Research Firm 2023! We are honoured to be listed as a top company at the forefront of research, by the Business Management Review © The Business Research Company. All Rights Reserved.
Facial Recognition Market Segments The Business Research Company segments the facial recognition market report as: 2D, 3D, Facial Analytics By Technology Emotion Recognition, Attendance Tracking And Monitoring, Access Control, Security And Surveillance, Other Applications By Application Retail And E-commerce, Media And Entertainment, Banking, Financial Services And Insurance (BFSI), Automobile And Transportation, Telecom And Information Technology (IT), Government, Healthcare, Other End-Users By End User © The Business Research Company. All Rights Reserved.
Market Statistics The global Facial Recognition market size grew from $6.15 billion in 2023 to $7.09 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The Facial Recognition market size is expected to grow to $12.88 billion in 2028 at a compound annual growth rate (CAGR) of 16.1% $ 12.88 B $ 7.09 B $ 6.15 B Click Here To Get A Sample Report © The Business Research Company. All Rights Reserved.
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 2023. The regions covered in the Facial Recognition market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. © The Business Research Company. All Rights Reserved.
Top Eleven Players In The Market Major players in the market are: ▪ FacePhi S.L ▪ NEC Corporation ▪ Raydiant Inc ▪ SenseTime Group Inc. ▪ Paravision Inc. ▪ Idemia Group S.A ▪ Aware Inc ▪ Megvii Inc. ▪ FaceFirst Incorporated ▪ CyberLink Corp. ▪ Ayasdi Inc. Get More Information On The Market Report © The Business Research Company. All Rights Reserved.
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