Iris Recognition System Industry Trends, Demand and Market Growth Overview 2017-2025

Market Overview:

The rising demand for authentication and extensive support from the government are major factors fuelling the growth of iris biometrics market. Additionally, the rising demand for E-passport, criminal identification and surveillance in public gatherings are other factors that add to the growth of the market. Further, the use of biometric recognition in E-commerce and setting up of a hosted security system on cloud are expected to attract new and existing players towards growing trend in security and authentication. Additionally, the players in this market are expected to deploy multimodal biometric recognition systems to integrate their existing systems with iris biometric system. However, high cost and fear of privacy disturbance are the major concerns that could pose challenge to the growth of the market. Other factors affecting the growth of the market are the technical issues regarding the compatibility with existing systems and time to develop the iris recognition system.

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Top Industry Players:

Global Iris Recognition System market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including

  • 3M Cogent
  • BioEnable
  • Crossmatch Technologies
  • Iris ID
  • IRITECH
  • 4G Identity Solutions
  • Aditech
  • BI2 Technologies
  • Biomatiques Identification Solution
  • Easy Clocking
  • EyeLock
  • IrisGuard
  • M2SYS Technology
  • Smart Sensors
  • SRI International

Key features of Iris Recognition System market:

  • In-depth knowledge of Iris Recognition System market that supports opportunities, growth, restraints and practicability study.
  • Study of emerging markets furthermore a complete analysis of existing Iris Recognition System market segments.
  • Dominating market Iris Recognition System players are cited in the report.
  • The developing Iris Recognition System market tendencies and technologies have accelerated number of enterprise models and corporations across the globe.
  • Decent classification of Iris Recognition System market is done on the basis of end-user applications, major product type, mode of transport, market size, and application.
  • The data provided in this research Iris Recognition System report is descriptive not only in terms of quantity but also quality

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Market Segments:

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

  • Single Eye
  • Double Eye

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

  • Government
  • Transportation
  • Healthcare

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Iris Recognition System in these regions, from 2013 to 2025 (forecast), covering

  • North America
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

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