Albany, NY -- (SBWIRE) -- 01/27/2016 -- Facial recognition is a biometrics software technology that is used for individual identification and authentication. The identification and authentication process is carried out by comparing an individual's facial features, which are extracted from an image, with those stored in a database. Facial recognition is used in the government, BFSI, and defense sectors for preventing unauthorized access to high-security areas as well as other private and public buildings. Technavios analysts forecast the global facial recognition market to grow at a CAGR of 23.74% during the period 2016-2020.
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