India Facial Recognition Market is Expected to Grow Annually by 9.50% CAGR 2024-2032
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Facial Recognition Market - India Market Statistics Base Year: 2023 Historical Years: 2018-2023 Forecast Years: 2024-2032 Market Growth Rate: 9.50% (2024-2032) India facial recognition market is rapidly growing, driven by advancements in technology and increasing demand for security solutions. According to the latest report by IMARC Group, the market is projected to exhibit a growth rate (CAGR) of 9.50% during 2024-2032. India Facial Recognition Market Trends and Drivers: Rising Utilization of Advanced Security Solutions Increased adoption of facial recognition across various sectors. Growth driven by demand for advanced security and surveillance in public and private spaces. Government Initiatives Deployment of facial recognition systems at airports, railway stations, and for national security purposes. Government-backed projects are further propelling market growth. Integration in Smartphones and Other Industries Growing smartphone usage with facial recognition features for secure