India Facial Recognition Market Outlook 2028 By Size, Share, Trends, Growth & Opportunities | TechSci Research

India Facial Recognition Market was valued at USD280.06 million in FY2022 and is anticipated to project a robust growth in the forecast period with a CAGR of 18.71% due to the rise in adoption of facial recognition technology among various law and enforcement agencies.

Facial recognition system is a way of recognizing a human face through technologically advanced AI-based software. A facial recognition system uses biometrics to map facial features from a photograph or video. The system then compares the information with a database of known faces for finding a match. Moreover, the accuracy of facial recognition systems has improved way better in the past decade. For instance, according to tests by the National Institute of Standards and Technology in April 2020, best face identification algorithm boasted an error rate of just 0.08%, which is a big improvement from 2014, when the best algorithm had an error rate of 4.1%. The biometric information is being captured, stored, and analyzed in increasing quantities, often by organizations and governments, with a mixed record on cybersecurity at the India level.
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