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Future Prospects of Global Facial Recognition Market

There is an increased demand for surveillance systems by civil and government agencies which has given rise to the global market for facial recognition. This is due to growing number of crimes and terrorist activities globally. Furthermore, acceptance of facial recognition in the entertainment industry and consumer electronics is expected to raise the demand for this kind of technology. Its international market comprises of 2D facial recognition, 3D facial recognition, and facial analytics. The demand for these facial recognition technologies is further influenced by increasing demand from various other industries like retail, banking, financial services and insurance (BFSI), and others. The global facial recognition market is dominated by players that develop facial recognition technology solutions. Read more at:

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