Facial recognition market revenue worldwide 2019-2032

Published by Statista Research Department, Aug 30, 2023
The facial recognition market was estimated at roughly five billion U.S. dollars in 2022. The market is projected to grow, reaching 19.3 billion U.S. dollars by 2032. With the help of artificial intelligence (AI), facial recognition technology is used to identify a person by reading their facial features.

Facial recognition market size worldwide from 2019 to 2032 (in billion U.S. dollars)

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Release date

March 2023

Region

Worldwide

Survey time period

2019 to 2022

Supplementary notes

* Forecast data

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