Information Communication and Technology Reports Facial Recognition Market Report | Page 2

individuals attending prayers. The facial recognition technology is also helping the authorities measure an event’s success. In the retail and eCommerce sector, facial recognition solution is used to monitor customer activities, such as their buying patterns, the products they touch or click (for eCommerce websites), the route they follow, and shops they visit. Moreover, facial recognition solution helps retail stores track customer activities, right from their buying behavior to demographics, and emotional feedback about a product. In the facial recognition market by region, Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. Increasing security concerns in India, China, Japan, and Korea have further contributed to the adoption of facial recognition solutions in these countries. India’s announcement regarding huge investments on National-ID programs has made it a lucrative market for facial recognition and biometric vendors. Growing demand for fast and secure user identification and regulatory compliances in the healthcare sector to handle patients’ information with utmost privacy and care are the major opportunity areas for the facial recognition software tool and service providers. By providing a unique solution as per the demand and market trend, facial recognition providers can tap these opportunities. Browse Complete Report @ https://www.marketsandmarkets.com/Market-Reports/facial-recognition-market- 995.html About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA: 1-888-600-6441 Email: [email protected] Visit Our Website: https://www.marketsandmarkets.com