As per the report, the global face mask detection industry generated $1.80 billion in 2020, and is estimated to reach $4.12 billion by 2030, growing at a CAGR of 8.1% from 2021 to 2030.
Need for safer return to work solutions and increase in public safety standards drive the global face mask detection market. However, users concerns about data privacy and end of face mask compulsion rules in public places hinder the market growth. On the contrary, adoption of face mask detection systems in transportation sectors and deployment in containment zones are expected to open new opportunities for the market players in the future.
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By technology, the optical segment held the largest share in 2020, accounting for more than four-fifths of the global face mask detection market, due to demand for surveillance systems to improve security and strict government regulations across the world. However, the e-beam segment is projected to manifest the highest CAGR of 10.3% during the forecast period, as it is convenient and more efficient.
By component, the software segment is expected to portray the highest CAGR of 9.5% during the forecast period, due to rapid surge in volume of security and verticals data coupled with ever-increasing automation of business processes across several industries. However, the hardware segment held the largest share in 2020, contributing to more than three-fourths of the global face mask detection industry, owing to rise in need for hardware devices for surveillance and safety and the need for hardware devices.
By region, the market across North America dominated the market in 2020, accounting for nearly two-fifths of the global face mask detection market, due to growth of infrastructure and rise in adoption of face mask detection solutions in airports and hospitals. However, the market across Asia-Pacific is anticipated to register the highest CAGR of 10.1% during the forecast period, owing to high crime rates and Covid-19 outbreak along with increase in public awareness.
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