Facial Recognition Market Set to Surge, Projected to Reach US$ 25.4 Billion by 2033

The face recognition market is expected to increase at a 16.1% compound annual growth rate (CAGR) from US$ 5.7 billion in 2023 to US$ 25.4 billion by 2033, according to a new FMI report. This poll indicates that the modern CCTV cameras installed in most public locations to deter crime and terrorist acts and to …