NEW YORK, Oct. 19, 2021 /PRNewswire/ -- The "Iris
Recognition Market by End-user (Government, Transportation,
Healthcare, and Others) and Geography (APAC, North America, Europe, South
America, and MEA) - Forecast and Analysis 2021-2025"
report has been added to Technavio's offering. With ISO 9001:2015
certification, Technavio is proudly partnering with more than 100
Fortune 500 companies for over 16 years.
The potential growth difference for the iris recognition market
between 2021 and 2025 is USD
1.33 billion. To get the exact yearly growth variance
and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increased adoption of iris recognition in the government
sector and the need for advanced security are some of the key
market drivers. However, factors such as high costs will
challenge market growth.
Learn about additional key drivers, trends,
and challenges available with Technavio. Take a look at
our FREE Sample Report right now!
The iris recognition market report is segmented by End-user
(Government, Transportation, Healthcare, and Others) and Geography
(APAC, North America, Europe, South
America, and MEA). APAC will be the leading
region with 40% of the market's growth during the forecast period.
South Korea (Republic of Korea),
and China are the key markets for
the iris recognition market in APAC.
Get accurate prediction of the contribution of
all the segments and regionals toward market growth.
Download a Free Sample Report Now
Companies Mentioned with their Offerings
- Aware Inc.: The company offers SDK for iris
recognition and authentication under the brand name Nexa|Iris.
- BioEnable Technologies Pvt. Ltd.: The company
provides Iris Scanner Recognition Solutions under the brand name
EF-45, IrisOne, and others.
- EyeLock LLC
- Honeywell International Inc.
- Iris ID Systems Inc.
- Gain access to more vendor profiles with their key offerings
available with Technavio, Click Here.
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Iris Recognition
Market Scope
|
Report
Coverage
|
Details
|
Page
number
|
120
|
Base year
|
2020
|
Forecast
period
|
2021-2025
|
Growth momentum &
CAGR
|
Decelerate at a CAGR
of over 16%
|
Market growth
2021-2025
|
USD 1.33
billion
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
18.97
|
Regional
analysis
|
APAC, North America,
Europe, South America, and MEA
|
Performing market
contribution
|
APAC at
40%
|
Key consumer
countries
|
US, China, UK, South
Korea (Republic of Korea), and Germany
|
Competitive
landscape
|
Leading companies,
competitive strategies, consumer engagement scope
|
Companies
profiled
|
Aware Inc., BioEnable
Technologies Pvt. Ltd., EyeLock LLC, Honeywell International Inc.,
Iris ID Systems Inc., IrisGuard UK Ltd., IRITECH INC., M2SYS
Technology, and Thales Group
|
Market
Dynamics
|
Parent market
analysis, Market growth inducers and obstacles, Fast-growing and
slow-growing segment analysis, COVID-19 impact and future consumer
dynamics, market condition analysis for the forecast
period.
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
About Us
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markets and assess their competitive positions within changing
market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com
Website: www.technavio.com/
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