Facial Recognition Market Is Expected to Grow at the Highest CAGR During the Forecast Period
The global facial recognition market is expected to grow from USD 4.05 Billion in 2017 to USD 7.76 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 13.9%. The growth of the global market is expected to be driven by various factors, such as the increased need for enhanced surveillance and monitoring at public places and the increase in the use of facial recognition technologies in industries, such as the government.
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