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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 />

Download Free Sample Pages @ http://www.marketsandmarkets.com/pdfdownload.asp?id=141994093<br />

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 />

About <strong>Market</strong>sand<strong>Market</strong>s<br />

<strong>Market</strong>sand<strong>Market</strong>s is world’s No. 2 firm in terms of annually published premium market research reports. Serving<br />

1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of<br />

clients across 8 different industrial verticals. We specialize in consulting assignments and business research across<br />

high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at<br />

<strong>Market</strong>sand<strong>Market</strong>s are tracking global high growth markets following the "Growth Engagement Model – GEM".<br />

The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important<br />

customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the<br />

company and its competitors.<br />

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and<br />

entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche<br />

markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info<br />

graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of<br />

the numbers.<br />

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market intelligence repository.<br />

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