Friday, May 24, 2013

Face Rec: $6.5B at 27.7% CAGR by 2018

Facial recognition market to be worth $6.5 billion by 2018 (Markets and Markets) — The facial recognition market has been forecast to increase at a compound annual growth rate (CAGR) of 27.7% over the next five years, rising from a valuation of $1.92 billion at the beginning of 2013, to hit a market value of $6.50 billion by 2018.