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Facial Recognition Market To Surpass USD 8.5 Billion By 2025: Exclusive Report by MarketsandMarkets™ Facial Recognition Market The report "Facial Recognition Market by Component (Software Tools (3D Facial Recognition) and Services), Application (Law Enforcement, Access Control, Emotion Recognition), Vertical (BFSI, Government and Defense, Automotive), and Region Global Forecast to 2025",The global post-COVID-19 Facial recognition market size is expected to grow from USD 3.8 billion in 2020 to USD 8.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period. Browse 350 market data Tables and 41 Figures spread through 315 Pages and in-depth TOC on "Facial Recognition Market by Component (Software Tools (3D Facial Recognition) and Services), Application (Law Enforcement, Access Control, Emotion Recognition), Vertical (BFSI, Government and Defense, Automotive), and Region Global Forecast to 2025" Request Free Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=995 Driver: Increasing investments in facial recognition technologies by government and defense sectors Governments across the world have been investing a significant amount of their resources in the adoption of facial recognition technologies, among which the US and China can be considered as the leading adopters. China is considered as one of the major adopters and exporters of facial recognition tools. The government in the country adopted surveillance technologies, which is one of the main reasons for the growth of the facial recognition market in the region. Currently, the country has the most extensive public surveillance system. According to Comparitech, the number of CCTV cameras in China range from 200 million to 626 million by 2020. Facial recognition technologies have been deployed via homeland security, federal and regional law enforcement departments, and other security agencies across the globe. This has helped solve numerous criminal investigations, thereby facilitating various departments. This has helped in the rapid identification of offenders, thus solving numerous criminal investigations. Government organizations are spending large amounts on the deployment of these solutions across different government applications, such as law enforcement, military and defense, and homeland security. The Defense Advanced Research Products Agency (DARPA), an agency of the US Department of Defense, funded the Facial Recognition Technology (FERET) evaluation from 1993–1997, to boost the advancement of face recognition algorithms and technologies This, in turn, has helped in evaluating the prototypes of facial recognition systems and propelled these systems from to become commercial market products. Key market players