Iris Recognition Market Size and Forecast Research Report 2015-2019

Iris recognition is one of the most advanced biometrics technologies that is used for the identification of a person. It uses mathematical analysis of a unique pattern of the iris and offers a high level of accuracy. In the process of iris recognition, a video-based image acquisition system captures the biometric features of the iris with the help of infrared illumination. Iris recognition systems are widely adopted because it is non-intrusive, non-invasive, and can be executed from a distance of nearly half a meter.

Analysts forecast the Global Iris Recognition Market to grow at a CAGR of 23.5 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Global Iris Recognition market for the period 2015-2019. To calculate the market size, the report considers the revenue generated from sales of iris recognition systems.

The report consolidates the revenue generated from the following major end-user segments:

  • Government
  • Transportation
  • Healthcare

Global Iris Recognition Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers North America, Europe, the APAC region, Latin America, and the MEA region; it also covers the Global Iris Recognition market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

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Key Regions

  • APAC
  • Europe
  • Latin America
  • MEA
  • North America

Key Vendors

  • 3M Cogent
  • Bioenable Technologies
  • Cross Match Technology
  • Iris ID Systems
  • Safran

Other Prominent Vendors

  • 360 Biometrics
  • Aware
  • Smartmatic
  • SRI International
  • Texas Instruments

Market Driver

  • Need for Advanced Security

Market Challenge

  • Availability of Inexpensive Alternatives

Market Trend

  • High Adoption of Biometric Systems in Growing Sectors

Key Questions Answered in this Report

  • What will the market size be in 2018 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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