Global Iris Recognition Market 2017-2021

  • ID: 4420427
  • Report
  • Region: Global
  • 104 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • BI² Technologies
  • Delta ID
  • EyeSmart Technology
  • Gemalto
  • HYPR
  • Iris ID
  • MORE
About Iris Recognition

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.

The 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
The 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
Other prominent vendors
  • BI² Technologies
  • Biomatiques Identification Solution
  • Delta ID
  • EyeLock
  • EyeSmart Technology
  • EyeVerify
  • Gemalto
  • HONGBOG
  • HYPR
  • Infinity Optics Solutions
  • IRISYS
  • Precision Group
  • Princeton Identity
Market drivers
  • Increased adoption of iris recognition in government sector
  • For a full, detailed list, view the full report
Market challenges
  • Vulnerability of biometrics systems
  • For a full, detailed list, view the full report
Market trends
  • Increased demand for iris recognition in BFSI sector
  • For a full, detailed list, view the full 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 the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • BI² Technologies
  • Delta ID
  • EyeSmart Technology
  • Gemalto
  • HYPR
  • Iris ID
  • MORE
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
  • List of abbreviations
Exhibit 01: Parent market
Exhibit 02: Related market
Exhibit 03: Global iris recognition market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition: Inclusions and exclusions checklist
Exhibit 07: Market size 2016
Exhibit 08: Validation techniques employed for market sizing: 2016
Exhibit 09: Global – Market size and forecast 2016-2021 ($ bn)
Exhibit 10: Global – Year-over-year growth 2017-2021 (%)
Exhibit 11: Market assumptions
Exhibit 12: Five forces analysis 2016
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Five forces analysis
Exhibit 19: End-user – Market share 2016-2021 (%)
Exhibit 20: Comparison by end-user
Exhibit 21: Government – Market size and forecast 2016-2021 ($ bn)
Exhibit 22: Government – Year-over-year growth 2017-2021 (%)
Exhibit 23: Transportation – Market size and forecast 2016-2021 ($ bn)
Exhibit 24: Transportation – Year-over-year growth 2017-2021 (%)
Exhibit 25: Healthcare – Market size and forecast 2016-2021 ($ bn)
Exhibit 26: Healthcare – Year-over-year growth 2017-2021 (%)
Exhibit 27: Market opportunity by end-user
Exhibit 28: Global – Market share by geography 2016-2021 (%)
Exhibit 29: Regional comparison
Exhibit 30: Americas – Market size and forecast 2016-2021 ($ bn)
Exhibit 31: Americas – Year-over-year growth 2017-2021 (%)
Exhibit 32: Top 3 countries in Americas
Exhibit 33: EMEA – Market size and forecast 2016-2021 ($ bn)
Exhibit 34: EMEA – Year-over-year growth 2017-2021 (%)
Exhibit 35: Top three countries in EMEA
Exhibit 36: APAC – Market size and forecast 2016-2021 ($ bn)
Exhibit 37: APAC – Year-over-year growth 2017-2021 (%)
Exhibit 38: Top three countries in APAC
Exhibit 39: Key leading countries
Exhibit 40: Key vendor offerings
Exhibit 41: Other prominent vendors in the global iris recognition market
Exhibit 42: M&A in global iris recognition market
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • BI² Technologies
  • Delta ID
  • EyeSmart Technology
  • Gemalto
  • HYPR
  • Iris ID
  • MORE
New Report Released: – Global Iris Recognition Market 2017-2021

The author of the report recognizes the following companies as the key players in the global iris recognition market: BioEnable, Iris ID, IrisGuard, IRITECH, and M2SYS Technology.

Other Prominent Vendors in the market are: BI² Technologies, Biomatiques Identification Solution, Delta ID, EyeLock, EyeSmart Technology, EyeVerify, Gemalto, HONGBOG, HYPR, Infinity Optics Solutions, IRISYS, Precision Group, and Princeton Identity.

Commenting on the report, an analyst from the research team said: “One trend in the market is increased demand for iris recognition in BFSI sector. Iris recognition is used in the BFSI sector as a replacement for PINs, account numbers, and paper-based credentials. Iris recognition enables customers to check their account balance, make transactions, and access other banking services from remote locations.”

According to the report, one driver in the market is increased adoption of iris recognition in government sector. The government has increased its spending on biometrics techniques and reduced adoption of other non-biometric technologies due to their constraints of being lost or stolen by the individual. Furthermore, due to instances of terrorist threats at airports in the past, governments of various countries are deploying biometrics to thoroughly verify an individual based on the behavioral and physiological characteristics such as iris scan and fingerprint scan that are embedded in passports and visas.

Further, the report states that one challenge in the market is vulnerability of biometrics systems. There may be instances of iris recognition biometrics systems being compromised by design or by accident, which makes them vulnerable to damage or attack at the level of the device or associated equipment. Iris recognition biometrics devices are vulnerable to spoofing, physical attacks, and damage to cables and wires. At the level of the system, algorithms and templates are susceptible to hackers; data is vulnerable to alteration, deletion, or theft at the administrator or account level; and software components are vulnerable to attack.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • BioEnable
  • Iris ID
  • IrisGuard
  • IRITECH
  • M2SYS Technology
  • BI² Technologies
  • Biomatiques Identification Solution
  • Delta ID
  • EyeLock
  • EyeSmart Technology
  • EyeVerify
  • Gemalto
  • HONGBOG
  • HYPR
  • Infinity Optics Solutions
  • IRISYS
  • Precision Group
  • Princeton Identity
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll