A recent report published by
Infinium Global Research on the face mask detection market provides in-depth
analysis of segments and sub-segments in the global as well as regional face
mask detection market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional face mask detection
market over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of the global face mask
detection market. According to the report, the global face mask detection market
is projected to grow at a CAGR of 15% over the forecast period of 2021-2027.
The global face mask detection market was valued at USD 2233 million in 2021
and is expected to reach USD 5071 million in 2027.
Face mask detection is a picture
analytics technology powered by computer science (AI) and computer vision that
addresses Covid-19 noncompliance. Its AI program detects violations like mask
detection and social distance detection. This technique will be utilized in
hospitals, office buildings, manufacturing plants, government offices, schools,
educational institutes, construction sites, and airports, among other places.
Real-time alerts are generated by the camera with AI-based mask detection and
social distance monitoring. Mask identification employs the camera's visible
stream mixed with AI algorithms to acknowledge and inform folks that aren't
wearing face masks. Within the fight against the coronavirus, social distance
has proven to be a highly effective strategy for slowing the disease's
transmission.
The compulsion of using face masks
across the world for high public safety amid pandemics is the main factor
expected to drive the face mask detection market during the forecast period.
Focus on the increase in public safety standards and the need for a safer return
to work solutions is the primary factor that drives the market growth. However,
the surge in user concerns about data privacy and end of face mask compulsion
rules in public places limit the market growth. Further, the rise in the
adoption of face masks in transportation sectors and deployment in containment
zones create lucrative growth opportunities for the face mask detection market
growth. Additionally, advanced technologies for identifying face masks more
accurately along with enhancements in Artificial Intelligence and Machine
Learning are expected to propel the growth of the market during the forecast
period. A growing number of Covid-19 cases across the world and the current
spread of the new omicron variant among people is the main factor estimated to
offer market growth opportunities during the analysis timeframe. Privacy
concerns and lack of accuracy in face mask detection among citizens are
projected to restrain the market growth during the forecast years.
Based on the region, the global face mask detection market is diversified into Europe, North America, Asia
Pacific, Africa & Middle East, and South America. North America had the
largest market share of the face mask detection market in 2020 and is expected
to continue during the forecast period. Moreover, the rise in occurrences of other
coronavirus disease variance like Omicron and Delta has increased the need for
face mask detection technology. The increased adoption levels of advanced
relevant technologies for the health care sector in the region, and therefore
the high concentration on innovations through R&D will propel the growth of
the region. Face masks are required in public venues such as public
transportation, religious buildings, commercial facilities, and market
locations in a number of European countries, including France, and Poland. This
will boost the growth of the European region. The Asia Pacific is anticipated
to hold a major share of the face mask detection market because of the
increasing spread of coronavirus disease in the region. Increasing investment
of the major companies in the Asian region due to the large market will drive
the growth of the Asian region during the forecast period.
The report on the global face mask
detection market covers segments such as component, technology, and
application. On the basis of component, the sub-markets include hardware and
software. On the basis of technology, the sub-markets include optical, and E-beam.
On the basis of application, the sub-markets include airport, hospital, and
others.
The report provides profiles of
the companies in the market such as Asura Technologies, Aerialtronics, Canaan
Inc., InData Labs, LeewayHertz, Microsoft Corporation, Mobisoft Infotech LLC,
NEC Corporation, Sightcorp, and Trident Information Systems Pvt. Ltd...
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the face mask detection market. Moreover, the study highlights current
market trends and provides forecast from 2021-2027. We also have highlighted
future trends in the market that will affect the demand during the forecast
period. Moreover, the competitive analysis given in each regional market brings
an insight into the market share of the leading players.
Please Choose One of them.