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Global Facial Interface Devices Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Nasal Pillow Masks, Nasal Masks, Oral Masks, Full-Face Masks and Others), Application (Law Enforcement, Access Control, Emotion Recognition and Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle east and Africa) - Industry Analysis (2024 to 2029)

Published: March, 2023
ID: 12687
Pages: 175
Formats: report pdf report excel report power bi report ppt

Global Facial Interface Devices Market Size (2024 to 2029)

The size of the global facial interface devices market is expected to grow from USD 6.6 billion in 2024 to USD 14.59 billion by 2029, at a Compound Annual Growth Rate (CAGR) of 17.2% during the forecast period.

Facial recognition is the process of detecting and identifying the identity of individuals with the help of their faces. Moreover, these face recognition systems primarily utilize images, videos, or real-time footage for the sake of identification. Facial recognition systems use Computer algorithms to identify and choose particulars or qualities of an individual's face. These qualities could be eyes, the shape of the eyes and jaw, skin texture, and others. These details are then converted into numerical models and contrasted, and other face qualities are gathered and put away in a data set. Artificial intelligence, ML, deep learning, and neuroscience are the major and essential advances behind facial recognition systems.

Global Facial Interface Devices Market Drivers:

The major factors that are driving the development of the facial recognition system market are the developing factor of the surveillance industry and the significant increment in interest in facial recognition technology by the government and defense sector. There is a significant increment in interest in facial recognition technology by the government and defense sector and expanding innovative advances across industry verticals. Expanding interests in facial recognition technologies by government and defense sectors across the world have been contributing a lot of their assets to the adoption of facial recognition technologies.

Facial recognition technologies have been deployed through homeland security, federal and regional law enforcement departments, and other security offices across the globe. This has tackled various criminal investigations, accordingly, working with different departments. This has helped in the fast identification of offenders, hence tackling various criminal investigations. Government associations are spending huge sums on the deployment of these arrangements across various government applications, like law enforcement, military and defense, and homeland security.

Global Facial Interface Devices Market Restraints:

Due to the lack of difficulty in countering legal risks and eDiscovery has become a key challenge for the global facial interface devices market growth, Facial recognition technology is utilized across industry verticals going from health care and retail to government and defense. Government and federal offices likewise utilize facial recognition technologies to get suspected criminals in various cases. Even though the government and police officers utilize this technology, the chance of false matches represents a major issue in the implementation of facial recognition technologies. Facial occlusion and face detection mistakes and the lack of knowledge and awareness are a portion of the significant difficulties ruining the development of the facial recognition system market.

Impact of COVID-19 on the global facial interface devices market:

Major applications presented utilizing facial recognition systems are for security assessment and character checks. In numerous nations, law enforcement and organizations have moved from traditional systems to facial recognition solutions to lessen the general spread of COVID-19. Likewise, the use of thermal camera checks through these systems is being embraced by healthcare systems. Biometric sign-in, public security, travel security, approved medical care administrations, eLearning platforms, and numerous other facial recognition systems are relied upon to be deployed in huge demand. These sorts of contactless verification technologies have become of prior importance during the pandemic circumstance. To avoid social distancing, scanners that include contact with the scanners and cause to transfer of bacteria and infections, like fingerprint scanners, are relied upon to lose demand in the future, which will create interest in contactless technologies, like facial acknowledgment.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

17.2%

Segments Covered

Based on Type, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, Asia Pacific, Latin America and Middle East & Africa

Market Leaders Profiled

DeVilbiss Healthcare LLC, Fisher and Paykel Healthcare, Philips Healthcare, ResMed, Medtronic, Drager, Pahsco, Smiths Medical, Apex Medical and Arigmed

 

This research report on the global facial interface devices market has been segmented and sub-segmented based on type, application and region.

Global Facial Interface Devices Market - By Type:

  • Nasal Pillow Masks
  • Nasal Masks
  • Oral Masks
  • Full-Face Masks
  • Other

Based on the type in the global facial interface devices market, nasal masks are anticipated to help the global facial interface devices market growth. As nasal masks can be detected by the face recognition system the face is protected by up to 33%. So, there is the possibility that the nasal masks work with the global facial interface devices market.

Global Facial Interface Devices Market – By Application:

  • Law Enforcement
  • Access Control
  • Emotion Recognition
  • Others

Based on the application of the global facial interface devices market, law enforcement is anticipated to help the global facial interface devices market grow. As in law enforcement, there is a need to prove their identity and they need for surveillance. So, there is a need for facial recognition in every government office and federal office.

Global Facial Interface Devices Market – By Region:

  • North America
  • Europe 
  • Asia Pacific
  • Latin America
  • Middle East and Africa

KEY MARKET PLAYERS:

Companies playing a major role in the global facial interface devices market include DeVilbiss Healthcare LLC, Fisher and Paykel Healthcare, Philips Healthcare, ResMed, Medtronic, Drager, Pahsco, Smiths Medical, Apex Medical and Arigmed.

RECENT HAPPENINGS IN THE MARKET:

  • In January 2021, the Microsoft Azure Face team published a new article detailing potential causes of latency when there is a use of the service and achievable mitigation strategies.
  • In Sept 2019, Swan Solutions partnered with Innefu Labs to give a facial recognition tool with highly accurate and modern algorithms, and a clean UI, that you can use to improve and automate the security of your industries. Swan Solutions created to investigate and perfect this up-and-coming age of safety has come down as far as building a solid industry that purely gives its best to its customers.

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