Facial Recognition Market worth
According to The report “Facial Recognition Market, The facial recognition market size is estimated to grow from USD 3.35 Billion in 2016 to USD 6.84 Billion by 2021, at a CAGR (Compound Annual Growth Rate)of 15.3% from 2016 to 2021.
The facial recognition main reasons for the wide adoption is the quality of image captured using the 3D technology, which is not dependent on the illumination and allows clear quality images to be captured at any light condition.
Mr. Erez Buganim, Synel International Marketing Vice President, said that “SYNEL the leading terminals manufacturer, has identified a trend in the field of Biometric and was the world’s first manufacturers to produce biometric terminals.
Synel’ s SY910 the embedded Face recognition terminal with “Dual Sensor” Face Recognition Algorithm, The SY910 based on the face recognition technology, the ideal hand-free alternative to fingerprint and hand readers technology.