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Global Facial Recognition Market: Key Strategies to Use to Dominate Globally 2020-2026

More Information @ https://bit.ly/3joonoO <br>Facial biometrics is widely integrated with physical devices and instead of using passwords, consumer electronics and mobile phones can now be accessed via facial features of the owner.<br>

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Global Facial Recognition Market: Key Strategies to Use to Dominate Globally 2020-2026

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  1. Global Facial Recognition Market: Key Strategies to Use to Dominate Globally 2020-2026

  2. Industry Overview • Accordingly, to Global Market Insights the latest research report on facial recognition market growing spending on security and surveillance systems across the globe will drive industry outlook. Facial recognition technology is showcasing immense potential for organisations that handle sensitive data and require strict security controls on who enters their facilities. • Facial biometrics is widely integrated with physical devices and instead of using passwords, consumer electronics and mobile phones can now be accessed via facial features of the owner. • Moreover, rapid integration of cameras with facial recognition features along with rapid deployment of these cameras on streets to aid law enforcement agencies identify blacklisted individuals and criminals may boost industry growth over the coming years. Estimates suggests that global facial recognition market size will exceed USD 12 billion in terms of annual valuation by 2026.

  3. Continue… • 3D facial recognition systems are witnessing surging demand as the product offer accurate results even in dim light conditions. 3D facial recognition systems use facial parameters, such as the shape of the nose and chin, depth of the eyes in the captured image, for comparison with the available database of images. These systems can track certain parameters, such as changes in the skin texture or ageing that 2D systems cannot usually track with precision. • These systems also offer better accuracy while capturing images from videos and are majorly used in cross-border monitoring, identity management and document verification. Facial identification technology with artificial intelligence capabilities can be used for several healthcare applications including tracking depressed patients through facial expression analysis. The AI capabilities can also aid in tracking pain levels and manage chronic pain in patients to speed up diagnosis, treatment and cure. • AI based systems can also be deployed in hospitals to identify regular staff, doctors, patients as well as to separately categorize new patients. Around thirty hospitals in Beijing utilized cameras with facial recognition market technology in 2019.

  4. Browse Full Market Research Report @ https://bit.ly/2OJgyvO Request for a Sample of this Research report @ https://bit.ly/3joonoO

  5. Growth Drivers • Ongoing technological advancements • Increasing adoption of the technology in consumer electronics globally • Demand for cloud-based facial recognition solutions in the U.S. • Adoption of the technology for surveillance by the government sector in Europe and Asia Pacific • Rising adoption of the technology in public places in Latin America and MEA

  6. Continue… • Prominent providers of facial recognition market are Cognitec Systems, Daon, Inc., Aware, Inc., NEC Corporation, Ntechlab, Panasonic Corporation, Facefirst, Inc., Thales Group, Herta Security, Idemia, VisionLabs B.V and Ayonix Corporation.

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