Latin America AI Facial Recognition Market Size and Forecast by Offering, Hardware, Software, Service, Delpoyment Model, Application, and End Use: 2019-2033

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Latin America AI Facial Recognition Market Outlook

• In the period ending 2024, the market in Latin America was valued at USD 229.2 million, equating to a YoY growth of 21.7%.

• As per our assessment, the Latin America AI Facial Recognition Market size to reach USD 1.27 billion by 2033, with a CAGR of 20.3% throughout the projection time.

• Cross-border population mobility and varied regulatory environments push buyers toward configurable retention defaults and multi-jurisdictional template partitioning, so integrators offering flexible policy engines and country-specific compliance presets gain traction.
• Transit and retail pilots across capitals using scoped verification lanes (example: commuter card top-up kiosks with optional face-match) improved convenience metrics, prompting wider adoption of vendors that can deliver localized policy templates and managed enrollment services.

• DataCube Research Report (Nov 2025): This analysis uses 2024 as the actual year, 2025 as the estimated year, and calculates CAGR for the 2025-2033 period.