TLDR
In 2020, the global market of facial recognition software was estimated at $3.72 billion. It is expected to hit the mark of $11.62 billion by 2026, registering a CAGR of approximately 21%. Facial recognition can help diagnose rare genetic disorders, identify patients in hospitals, and track people entering and leaving the premises to prevent security threats. At the same time, facial recognition technology has been subject to numerous ethical concerns amplified by reported uses of the technology for racial profiling and protester identification.via the TL;DR App
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Written by itrex | We turn AI ambition into working systems — GenAI, data, and everything in between
