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Face Mask Detection Market (Component - Hardware, and Software; Technology - Optical, and E-beam; Application - Airport, Hospital, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

Face Mask Detection Market (Component - Hardware, and Software; Technology - Optical, and E-beam; Application - Airport, Hospital, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2027

Report Code: ICT003071 Category: Electronics, ICT and Semiconductors Published: March, 2022

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.

 

Market Insight

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.

 

Segment Covered

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.


Face Mask Detection Market


Companies Profiled:

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...

 

Report Highlights:

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.


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