DUBLIN, July 13, 2021 / PRNewswire / – The “Iris Recognition Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026” report was added to ResearchAndMarkets.com offer.

The global iris recognition market has shown strong growth during the period 2015-2020. Despite the genetic similarities, the irises of different individuals are structurally distinct and unique, allowing them to be used for recognition, identification and authentication purposes. Iris recognition, also known as iris scanning, is a method used to identify individuals based on their unique iris pattern.

The process uses visible and near infrared light to capture a high contrast image of the iris. The technology combines computer vision, pattern recognition, statistical inference and optics. This form of biometric system helps law enforcement officers compare a suspect’s iris images with an existing database. In addition, several countries around the world are implementing these systems at airports, points of entry or exit and other authoritative premises to reduce the incidence of security breaches. Looking ahead, the publisher expects the global iris recognition market to grow at a CAGR of 23% during 2021-2026.

Market trends:

In recent years, there has been an increase in the number of crimes and the threat of terrorist attacks around the world. These incidents prompted government facilities to install high-tech biometric systems to improve security conditions and prevent fraudulent activity. This remains one of the major factors driving the growth of the market.

Manufacturers are developing iris recognition technology so that it can be integrated into various devices such as smartphones, banking systems and ATMs. These innovations are attracting investors interested in large-scale research and development to apply these designs to real-world applications, which in turn positively influences the growth of the market.

Healthcare providers are striving to use iris recognition to address the challenges of patient identity. The combination of iris biometric technology and the healthcare-focused PTOYNet blockchain network will help improve administrative, financial and clinical efficiency.

This latest report provides an in-depth overview of the global Iris Recognition market covering all its essential aspects. It ranges from macro market overview to micro details of industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, ‘value chain analysis, etc. This report is must-read for entrepreneurs, investors, researchers, consultants, business strategists, and anyone with any interest in or planning to foray into the global Iris Recognition market in any way. .

Competitive landscape:

The report also analyzed the competitive landscape of the market with some of the major players being BioEnable, Iris ID, IrisGuard, M2SYS Technology, Gemalto Cogent, IriTech, Inc, SRI International, Crossmatch, EyeLock LLC, etc.

Key questions addressed in this report:

• How has the global iris recognition market performed so far and how will it perform in the years to come?
• What are the key regional markets for the global Iris Recognition industry?
• What has been the impact of COVID-19 on the global iris recognition industry?
• What is the distribution of the market according to the component?
• What is the market disruption based on product integration?
• What is the distribution of the market according to the end user?
• What are the different stages in the global iris recognition industry value chain?
• What are the major factors and driving challenges driving the global Iris Recognition industry?
• What is the structure of the global iris recognition industry and who are the major players?
• How competitive is the global iris recognition industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation
4.1 Overview
4.2 Key Industry Trends

5 Global Iris Recognition Market
5.1 Market overview
5.2 Market performance
5.3 Impact of COVID-19
5.4 Market breakdown by component
5.5 Market breakdown by product integration
5.6 Market breakdown by end user
5.7 Market breakdown by region
5.8 Market forecast

6 Market breakdown by component
6.1 Hardware
6.1.1 Market trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market trends
6.2.2 Market Forecast

7 Market breakdown by product integration
7.1 Smartphone
7.1.1 Market trends
7.1.2 Market Forecast
7.2 Tablet and laptop
7.2.1 Market trends
7.2.2 Market Forecast
7.3 Scanner
7.3.1 Market trends
7.3.2 Market Forecast
7.4 PC / laptop
7.4.1 Market trends
7.4.2 Market Forecast
7.5 Smartwatches
7.5.1 Market trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market trends
7.6.2 Market Forecast

8 Market breakdown by end user
8.1 Government
8.1.1 Market trends
8.1.2 Market Forecast
8.2 Transport
8.2.1 Market trends
8.2.2 Market Forecast
8.3 Health
8.3.1 Market trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market trends
8.4.2 Market Forecast

9 Market breakdown by region
9.1 North America
9.1.1 Market trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market trends
9.5.2 Market Forecast

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value chain analysis

Analysis of the five forces of 12 carriers
12.1 Overview
12.2 Bargaining power of buyers
12.3 Bargaining power of suppliers
12.4 Degree of competition
12.5 Threat of new entrants
12.6 Threat of substitutes

13 Price analysis

14 Competitive landscape
14.1 Market structure
14.2 Key players
14.3 Profiles of key players
14.3.1 BioActivate
14.3.2 Iris identifier
14.3.3 IrisGuard
14.3.4 M2SYS technology
14.3.5 Gemalto Cogent
14.3.6 IriTech, Inc
14.3.7 ISR International
14.3.8 Cross-match
14.3.9 EyeLock LLC

For more information on this report, visit https://www.researchandmarkets.com/r/tvfjol

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