The global market for facial recognition cameras and software will be worth an estimated $7.8 billion, predicts Markets and Markets. No longer relegated to science fiction movies and novels, the technology is being applied in numerous vertical markets, from helping banks identify customers to enabling governments to identify criminals.
Abishur Prakash, a geopolitical futurist and author, examined the top five countries where facial recognition cameras and algorithms are taking off the fastest for a recent article in Robotics Business Review. Following is an abridged look at his report, which includes examples of use cases from each country.
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