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Global Facial Recognition Market

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<strong>Global</strong> <strong>Facial</strong> <strong>Recognition</strong> <strong>Market</strong><br />

The system comes with feature of identifying or verifying a person using digital image or a video<br />

frame from a video source is called as facial recognition system. It is widely used in security system. It is<br />

similar to the biometrics software technology fingerprint or eye iris recognition systems. The identification<br />

process is executed by comparing an individual's facial features, which are extracted from an image, with<br />

those stored in a database. <strong>Facial</strong> recognition is used in different application sector such as government,<br />

BFSI and defense sectors for preventing illegal activity to high-security areas as well as other private and<br />

public buildings.<br />

Increasing demand from civil and government agencies for advanced surveillance and safety purpose<br />

are major factors driving the facial recognition market. Increasing instances of criminal and terrorist<br />

behavior and identification of fraud cases across the globe is becoming major issue from all the regions<br />

and facial recognition system helps to overcome this problem. This has fueled the growth of global facial<br />

recognition market. However, some issues regarding privacy is expected to hamper growth of facial<br />

recognition industry.<br />

Browse the full " <strong>Facial</strong> <strong>Recognition</strong> <strong>Market</strong> - <strong>Global</strong> Industry Perspective, Comprehensive<br />

Analysis and Forecast, 2014 – 2020 " report at<br />

http://www.syndicatemarketresearch.com/market-analysis/facial-recognition-market.html<br />

sales@Syndicate<strong>Market</strong>Research.com

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