Global Facial Recognition Market Set to Soar, Expected to Reach US$ 25.4 Billion by 2033

A recent FMI analysis projects that the facial recognition market would develop at a compound annual growth rate (CAGR) of 16.1%, from US$ 5.7 billion in 2023 to US$ 25.4 billion by 2033. According to this survey, increased government spending on the contemporary CCTV cameras that are deployed in most public spaces to prevent crime …