The global facial recognition market size is poised to grow by USD 3.35 billion during 2020-2024, progressing at a CAGR of almost 12% throughout the forecast period, according to the latest report by Technavio. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. Download a Free Sample of REPORT with COVID-19 Crisis and Recovery Analysis.
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Technavio has announced its latest market research report titled Global Facial Recognition Market 2020-2024 (Graphic: Business Wire)
The facial recognition market research analysis identifies the increasing instances of identity threats as one of the primary growth factors for this market. The increasing dependence of end-users on websites and web applications is giving rise to an increasing number