- Facial recognition is a technology that is used for the authentication and identification of individuals. Facial recognition is a biometrics technology which is used to compare the facial features from an image with the stored facial database.
- Rising advancements in technology and rising demand for surveillance systems for enhancing safety and security are the major factors attributable to the growth of facial recognition market.
- North America dominates the facial recognition market and its market share will continue to expand during the forecast period owing to the rising adoption of advanced and connected technologies by the enterprises coupled with rising infrastructural growth of the surveillance industry in this region.
- Asia-Pacific on the other hand will project the highest growth rate during the forecast period. This is because of rapid technological advancements in the field of information technology and increasing penetration of smart phone and other consumer durable products and rising digitization of emerging economies
- In 2025, the 3D Face Recognition segment is projected to dominate the Facial Recognition market, holding the largest share of 42.6% in the Technology segment. This dominance is attributed to the high accuracy, reliability under varying conditions, and improved depth perception enabled by 3D sensors. With increasing integration of AI, deep learning, and infrared imaging, 3D facial recognition is being widely adopted in border control, airport security, and corporate access systems, making it the go-to choose for high-security environments.
