Press release
At A CAGR Of 18.09% , Global Iris Recognition in Access Control Industry will rise in the period of 2016-2020
About Iris RecognitionIris 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.
Technavios analysts forecast the global iris recognition in access control market to grow at a CAGR of 18.09% during the period 2016-2020.
Covered
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.
Segments based on geography:
APAC
Europe
Latin America
MEA
North America
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.
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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
Key driver
Increased adoption in various sectors
For a full, detailed list, view our report
Key challenge
High costs of deployment and maintenance
For a full, detailed list, view our report
Key trend
Use of iris recognition biometrics in BFSI sector
For a full, detailed list, view our report
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