The Asia Pacific facial recognition market is evaluated to record a CAGR of 17.58%, during the forecast period of 2019 to 2028. The region’s market growth is attributed to the economic developments established on facial recognition and the implementation of advanced security in several countries. China, India, Japan, Australia & New Zealand, Vietnam, Indonesia, Thailand, South Korea, and the rest of the Asia Pacific are analyzed for the Asia Pacific facial recognition market growth. ASIA... Read more
The Europe facial recognition market is expected to grow with a CAGR of 14.19%, during the forecast years of 2019 to 2028. The increasing focus on identification and security, by government initiatives and financial institutions, are projected to drive the region’s market growth. The Europe facial recognition market growth is determined through the analysis of the United Kingdom, Belgium, France, Poland, Russia, Italy, Germany, and the rest of Europe. In January 2020, the United Kingdom’s... Read more
The Latin America facial recognition market is predicted to grow with a CAGR of 16.35%, during the forecast years of 2019 to 2028. Advances in Artificial Intelligence (AI) solutions, and the introduction of live facial recognition is attributed to the region’s market growth. The Latin America facial recognition market growth is assessed across Argentina, Brazil, Mexico, and the rest of Latin America. Artificial Intelligence (AI) is becoming increasingly vital throughout modern society, primarily through the... Read more
The Middle East & Africa facial recognition market is estimated to project a CAGR of 17.04%, throughout the forecast years of 2019 to 2028. Investments in developing technologies and lucrative prospects of artificial intelligence (AI) are anticipated to propel the region’s market growth. The United Arab Emirates, Saudi Arabia, Syria, South Africa, Turkey, Egypt, Iraq, and the rest of the Middle East & Africa are assessed for determining the Middle East & Africa facial recognition... Read more
The North America facial recognition market is evaluated to harbor a CAGR of 8.39%, during the forecast years of 2019 to 2028. The implementation of facial recognition technology to identify financial fraud suspects, and the rising incidence of terror attacks in recent years is attributed to the region’s market growth. The North America facial recognition market growth is assessed across the United States and Canada. Like Chicago, several cities in the United States are utilizing... Read more