Biometric device shipments revenue to drop by $2 billion

The pandemic is expected to cause a significant pushback on biometric device shipments, creating a major revenue drop of $2 billion over the course of 2020, according to ABI Research. New identification and surveillance needs At the same, the pandemic has given rise to new identification and surveillance needs, spurring further investments in biometric AI algorithm design, which will give a boost to the face recognition technologies market going forward.

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