Global Iris Recognition in Access Control Market to grow at a CAGR of 18.09% during Forecast period 2016-2020

Albany, NY, April 04, 2017: Iris recognition is one of the most secure and accurate modes of biometrics used for security and surveillance in sectors such as government, military and defense, healthcare, banking and finance, consumer electronics, travel and immigration, and automotive. Since its existence in 1994, many countries across the world have deployed iris recognition technology for cross-border control and national ID initiatives.

The global iris recognition in access control market to grow at a CAGR of 18.09% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global iris recognition in access control market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of iris recognition biometrics.

The market is divided into the following segments based on geography:
- APAC
- Europe
- Latin America
- MEA
- North America

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Technavio's report, Global Iris Recognition in Access Control Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- 3M Cogent
- BioEnable
- Crossmatch Technologies
- Iris ID
- IriTech

Other prominent vendors
- 4G Identity Solutions
- Aditech
- BI Technologies
- Biomatiques Identification Solutions
- Easy Clocking
- EyeLock
- IrisGuard
- M2SYS Technology
- FotoNation
- SRI International

Market driver
- Increased adoption in various sectors
- For a full, detailed list, view our report

Market challenge
- High costs of deployment and maintenance
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 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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