Press release
Global Iris Recognition Market Forcast To Grow At CAGR Of 20.68% Between 2017-2021
About Iris Recognition Market
Iris recognition is one of the biometric authentication technologies that captures an image of the eye pattern, converts the iris image to a binary template, and then saves the data to a server for future to match the identity of an individual. Some of the major characteristics of technology include contactless, fast and renowned for its accuracy, iris recognition can operate at long distances, stable, non-invasive, non-contact, and hygienic characteristics.
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Technavios analysts forecast the global iris recognition market to grow at a CAGR of 20.68% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global iris recognition market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Iris Recognition Market 2017-2021, 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
BioEnable
Iris ID
IrisGuard
IRITECH
M2SYS Technology
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Other prominent vendors
BI Technologies
Biomatiques Identification Solution
Delta ID
EyeLock
EyeSmart Technology
EyeVerify
Gemalto
HONGBOG
HYPR
Infinity Optics Solutions
IRISYS
Precision Group
Princeton Identity
Market driver
Increased adoption of iris recognition in government sector
For a full, detailed list, view our report
Market challenge
Vulnerability of biometrics systems
For a full, detailed list, view our report
Market trend
Increased demand for iris recognition in BFSI sector
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2016
Market size and forecast 2016-2021
Market assumptions
PART 07: MARKET DEVELOPMENTS
Evolution of multimodal biometrics
Emergence of mobile biometrics
Emergence of contactless biometrics
PART 08: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 09: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
PART 10: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
Government Market size and forecast 2016-2021
Transportation Market size and forecast 2016-2021
Healthcare Market size and forecast 2016-2021
Market opportunity by end-user
PART 11: REGIONAL LANDSCAPE
Geographical segmentation
Regional comparison
Americas Market size and forecast 2016-2021
EMEA Market size and forecast 2016-2021
APAC Market size and forecast 2016-2021
Key leading countries
Market opportunity
PART 12: DECISION FRAMEWORK
PART 13: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 14: MARKET TRENDS
Increased demand for iris recognition in BFSI sector
Emergence of iris recognition in wearables
Introduction of iris scanners in smartphones
PART 15: VENDOR LANDSCAPE
Competitive scenario
Other prominent vendors
PART 16: MAJOR VENDOR PROFILES
BioEnable
Iris ID
IrisGuard
IRITECH
M2SYS Technology
PART 17: MERGERS AND ACQUISITIONS
M&A in market
PART 18: APPENDIX
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