Iris_Recognition_Market
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MARKETSANDMARKETS<br />
<strong>Iris</strong> <strong>Recognition</strong> <strong>Market</strong><br />
worth 3627.90 Million USD<br />
by 2020<br />
<strong>Iris</strong> <strong>Recognition</strong> <strong>Market</strong> by Component - 2020 |<br />
<strong>Market</strong>sand<strong>Market</strong>s<br />
9/30/2015
<strong>Iris</strong> <strong>Recognition</strong> <strong>Market</strong> worth 3627.90<br />
Million USD by 2020<br />
According to a new market research report "<strong>Iris</strong> <strong>Recognition</strong> <strong>Market</strong> by Component (Hardware & Software),<br />
Product (Scanner & Others), Application (Access Control & Others), Industry (Travel & Immigration, Military &<br />
Defense, & Others) & Geography Global - Forecast to 2020", the iris recognition market is expected to reach USD<br />
3627.90 Million by 2020, at a CAGR of 23.40% between 2015 and 2020.<br />
Browse 65 market data tables and 66 figures spread through 147 pages and in-depth TOC on “<strong>Iris</strong> <strong>Recognition</strong><br />
<strong>Market</strong>”.<br />
http://www.marketsandmarkets.com/<strong>Market</strong>-Reports/iris-recognition-market-141994093.html<br />
Early buyers will receive 10% customization on this report.<br />
In today’s world of information technology, security for systems is becoming more and more important. Moreover,<br />
occurrences of terrorist attacks, cybercrimes, and other cross-border illegal activities have led to the need of high<br />
security systems. <strong>Iris</strong> recognition is one of the accurate and secured technologies for identifying a person by<br />
analyzing the random pattern of the iris. It uses the camera technology with near infrared illumination to capture<br />
high resolution-based images of an iris which are visible externally. The technology is accurate, easy to use, and<br />
difficult to forge. The growth of this market is propelled by applications in government, military & defense, banking<br />
& finance, consumer electronics, travel & immigration and so on. Currently, the world’s leading OEMs from<br />
consumer electronics to automotive are focused on incorporating the iris recognition technology in their offerings.<br />
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In the report, a detailed segmentation of the iris recognition market on the basis of component, product,<br />
application, industry, and geography has been provided, which covers all existing and emerging technologies in the<br />
market. The report also covers qualitative as well as quantitative data related to the market key insights.<br />
One of the objectives of the report has been to analyze market trends for each of the iris recognition market<br />
segments and their respective growth rate. Apart from the market segmentation, the report also covers in-depth<br />
analyses such as the Porter’s five forces analysis and the value chain analysis with a detailed process flow diagram,<br />
and market dynamics such as drivers, restraints, opportunities, and challenges for the iris recognition market.<br />
Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=141994093<br />
The market size for iris recognition is included in the report by taking four geographic regions into account,<br />
namely, the Americas, Europe, Asia-Pacific, and Rest of the World (RoW). The American region is estimated to
account for a large share of the iris recognition market during the forecast period, followed by Europe and Asia-<br />
Pacific. Moreover, the market in Asia-Pacific is expected to grow at the highest rate.<br />
Some of the major companies in the iris recognition market include 3M Cogent Inc. (U.S.), Safran (France), Cross<br />
Match Technologies Inc. (U.S.), <strong>Iris</strong> ID, Inc. (U.S.), Iritech, Inc. (U.S.), SRI International (U.S.), EyeLock (U.S.), and so<br />
on<br />
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