Global Facial Recognition Market Expected to Reach USD 19.73 Billion by 2030, Growing at a CAGR of 17.9%
Facial Recognition Market Expected to Reach USD 19.73 Billion by 2030, Growing at a CAGR of 17.9% Summary: The Global Facial Recognition Market was valued at USD 6.23 billion in 2023 and is anticipated to expand to USD 19.73 billion by 2030, growing at a compound annual growth rate (CAGR) of 17.9% during the forecast period. This press release outlines the key market trends, insights, and dynamics shaping the future of the Facial Recognition industry. Get Sample Copy of this Report at: https://www.maximizemarketresearch.com/request-sample/2743/ Market Size: The Facial Recognition Market, currently valued at USD 6.23 billion in 2023, is expected to reach nearly USD 19.73 billion by 2030. The significant growth can be attributed to the increasing demand for security and surveillance applications across various industries. The market is also driven by advancements in artificial intelligence (AI) and machine learning technologies that have enhanced the accuracy and efficiency of fa