Familiar Faces

Retailers Combine Facial Recognition with Artificial Intelligence

Widespread use of facial recognition technology isn't just for phones anymore. Retail companies are launching projects to drive revenue, cut costs, eliminate theft and improve the customer experience by better understanding customer behaviors. The overall facial recognition market is expected to jump from US$2.8 billion in 2014 to an estimated US$9 billion by 2023, according to Crystal Market Research.
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