Global Iris Recognition Market Size study, by Component (Hardware, Software), By Vertical (Government, Military & Defense, Healthcare, Banking & Finance, Consumer Electronics, Travel & Immigration, Automotive, Others) By Product (Smartphones, Wearables, Tablets & Notebooks, Personal Computers/Laptops, Scanners) By Application (Time Monitoring, E-Payment) and Regional Forecasts 2019-2026
- Report Code : BIZ1730965
- Published On: May, 2020
- Category : Emerging and Next Generation Technologies
- Pages : 200
-
Global iris recognition market is valued approximately at USD 2 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 13.20% over the forecast period 2019-2026. Iris recognition can be defined as an automated way or method for biometric identification that uses mathematical pattern recognition technique based on video images of both the iris. This technology combines pattern recognition computer vision, optics and statistical inference. Iris recognition technology is widely used for identification, recognition and for authentication purpose. This technology is suitable and widely used in authoritative premises towards reducing incidences of security breaches. Rising adoption of iris technology by different end use industries such as government organization, consumer electronics coupled with surging demand for iris scanners in access control application are key driving factors of market growth. Furthermore, increasing use of iris technology in e-passport programs and in automotive industry are also contributing towards market growth. Moreover, integration of cloud computing with iris recognition technology and use in e-commerce industry is expected to create significant growth opportunity in the market over the forecast period. However, fear of privacy intrusion and inconvenience impedes the growth of the market over the forecast period of 2019-2026.
The regional analysis of global iris recognition market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share the presence of prominent players coupled with high investment in R&D activities in the development of advanced technologies. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2019-2026. Factors such as growing consumer electronics coupled with would growing occurrences of cybercrime create lucrative growth prospects for the Iris Recognition market across Asia-Pacific region.
Major market player included in this report are:
Thales Group
Idemia
HID Global
Iris ID
Iritech
Irisguard
Eyelock
NEC Corporation
Princeton Identity
Cmitech
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Hardware
Software
By Vertical:
Government
Military & Defense
Healthcare
Banking & Finance
Consumer Electronics
Travel & Immigration
Automotive
Others
By Product:
Smartphones
Wearables
Tablets & Notebooks
Personal Computers/Laptops
Scanners
By Application:
Time Monitoring
E-Payment
By Region:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2016, 2017
Base year – 2018
Forecast period – 2019 to 2026
Target Audience of the Global Iris Recognition Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
-
With tables and figures helping analyze worldwide Global Iris Recognition market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Iris Recognition Market, by Region, 2017-2026 (USD Billion)
1.2.2. Iris Recognition Market, by Component, 2017-2026 (USD Billion)
1.2.3. Iris Recognition Market, by Product, 2017-2026 (USD Billion)
1.2.4. Iris Recognition Market, by Application, 2017-2026 (USD Billion)
1.2.5. Iris Recognition Market, by Vertical, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Iris Recognition Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Iris Recognition Market Dynamics
3.1. Iris Recognition Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Iris Recognition Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2016-2026)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Iris Recognition Market, by Component
5.1. Market Snapshot
5.2. Global Iris Recognition Market by Component, Performance - Potential Analysis
5.3. Global Iris Recognition Market Estimates & Forecasts by Component 2016-2026 (USD Billion)
5.4. Iris Recognition Market, Sub Segment Analysis
5.4.1. Hardware
5.4.2. Software
Chapter 6. Global Iris Recognition Market, by Vertical
6.1. Market Snapshot
6.2. Global Iris Recognition Market by Vertical, Performance - Potential Analysis
6.3. Global Iris Recognition Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
6.4. Iris Recognition Market, Sub Segment Analysis
6.4.1. Government
6.4.2. Military & Defence
6.4.3. Healthcare
6.4.4. Banking & Finance
6.4.5. Consumer Electronics
6.4.6. Travel & Immigration
6.4.7. Automotive
6.4.8. Others
Chapter 7. Global Iris Recognition Market, by Product
7.1. Market Snapshot
7.2. Global Iris Recognition Market by Product, Performance - Potential Analysis
7.3. Global Iris Recognition Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
7.4. Iris Recognition Market, Sub Segment Analysis
7.4.1. Smartphones
7.4.2. Wearables
7.4.3. Tablets & Notebooks
7.4.4. Personal Computers/Laptops
7.4.5. Scanners
Chapter 8. Global Iris Recognition Market, by Application
8.1. Market Snapshot
8.2. Global Iris Recognition Market by Application, Performance - Potential Analysis
8.3. Global Iris Recognition Market Estimates & Forecasts by Product 2016-2026 (USD Billion)
8.4. Iris Recognition Market, Sub Segment Analysis
8.4.1. Identity Management and Access Control
8.4.2. Time Monitoring
8.4.3. E-Payment
Chapter 9. Global Iris Recognition Market, Regional Analysis
9.1. Iris Recognition Market, Regional Market Snapshot
9.2. North America Iris Recognition Market
9.2.1. U.S. Iris Recognition Market
9.2.1.1. Component breakdown estimates & forecasts, 2016-2026
9.2.1.2. Product breakdown estimates & forecasts, 2016-2026
9.2.1.3. Application breakdown estimates & forecasts, 2016-2026
9.2.1.4. Vertical breakdown estimates & forecasts, 2016-2026
9.2.2. Canada Iris Recognition Market
9.3. Europe Iris Recognition Market Snapshot
9.3.1. U.K. Iris Recognition Market
9.3.2. Rest of Europe Iris Recognition Market
9.4. Asia-Pacific Iris Recognition Market Snapshot
9.4.1. China Iris Recognition Market
9.4.2. India Iris Recognition Market
9.4.3. Japan Iris Recognition Market
9.4.4. Rest of Asia Pacific Iris Recognition Market
9.5. Latin America Iris Recognition Market Snapshot
9.5.1. Brazil Iris Recognition Market
9.5.2. Mexico Iris Recognition Market
9.6. Rest of The World Iris Recognition Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Thales Group
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Idemia
10.2.3. HID Global
10.2.4. Iris ID
10.2.5. Iritech
10.2.6. Irisguard
10.2.7. Eyelock
10.2.8. NEC Corporation
10.2.9. Princeton Identity
10.2.10. Cmitech
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
-
The Global Iris Recognition Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.
Report Objectives / Segmentation Covered :
By Companies / players:
By Regions:
By Type:
By Application:
Frequently asked questions(FAQ's):
New players are entering the Global Iris Recognition Market, while established companies are changing their business models and strategies. This pattern is likely to continue for the foreseeable future.
The Global Iris Recognition Market is expected to reach a reasonable valuation by 2029; now the market is expected to shift its focus from growth to value.
A handful of disruptive trends, nevertheless, will have a contradictory and significant impact on the development of the Global Iris Recognition Market as well as its distribution among its players
The majority of data for the Global Iris Recognition Industry is gathered through primary sources, which include interviews and surveys with industry experts from the core and related industries involved in the supply chain. Secondary sources, such as SEC filings, annual reports, whitepapers, and press releases, are also used.
