According to a new report Global Face Mask Detection Market, published by KBV research, The Global Face Mask Detection Market size is expected to reach $4.2 billion by 2027, rising at a market growth of 11.2% CAGR during the forecast period.
The Hardware market dominated the Global Face Mask Detection Market by Component 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.7 billion by 2027. The growth of the hardware component for face mask detection market is fuelled by an increase in the need for hardware devices for surveillance and safety, as well as the requirement for hardware devices as a result of government guidelines in various industries.
The Hospital market dominated the Global Face Mask Detection Market by Application 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2.2 billion by 2027. Face detection technology helps in authenticating the patient's identity by scanning their face and comparing it to the hospital database, preventing fraud such as someone masquerading to obtain expensive medical treatment or drug dealers infiltrating hospitals.
The Optical market dominated the Global Face Mask Detection Market by Technology 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3.0 billion by 2027. This technology enables the devices to visually analyze any object that comes in front of the device. An optical network can recognize the identification of faces for which it has been trained at standard video rates.
The North America market dominated the Global Face Mask Detection Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.3 billion by 2027. The Europe market is estimated to witness a CAGR of 10.4% during (2021 - 2027). Additionally, The Asia Pacific market would exhibit a CAGR of 13% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/face-mask-detection-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Microsoft Corporation, NEC Corporation, Asura Technologies Ltd., Canaan, Inc., InData Labs, LeewayHertz, Mobisoft Infotech LLC, Sightcorp (Raydiant), Trident Information Systems Pvt. Ltd., and Aerialtronics (Drone Volt).
By Component
By Application
By Technology
By Geography
Companies Profiled
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