How Much Does a Facial Recognition System Cost

With the help of a facial recognition system, federal agents could capture a man suspected of abuse. The tool detected him in the background of someone else's photo at the gym, in the mirror. So, the agents were able to get to that gym, ask about the man, and eventually capture him. This real-life story, and many others, encourage businesses to benefit from AI services and deploy facial recognition systems. The global facial recognition market size was evaluated at $3.8 billion in 2020 and is expected to reach $8.5 billion in 2025, growing at a CAGR of 17.2%.