1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends
  4. > Iris Recognition: Consumer Device Authentication, Border Patrol, Non-Governmental Agencies, Automated Teller Machines, Pharmacy Dispensing, Government IT Systems, and Other Iris Imaging Use Cases

Iris Recognition: Consumer Device Authentication, Border Patrol, Non-Governmental Agencies, Automated Teller Machines, Pharmacy Dispensing, Government IT Systems, and Other Iris Imaging Use Cases

  • September 2015
  • -
  • Tractica
  • -
  • 60 pages

Summary

Table of Contents

Search Inside

Iris recognition identifies people via the geometric patterns in their irises, which are as unique as a fingerprint. This technique requires an infrared (IR) image of the eye because the majority of the world’s population has dark brown eyes, the iris features of which cannot be seen in visible light. Originally developed by two ophthalmologists during the 1980s, iris recognition was restricted by concept patents that expired in 2005. Since then, innovation and competition have made iris recognition one of the best performing of all biometrics modalities. Small templates yield very low false accept rates. Search speeds approach 200 million irises per second. However, iris imaging competes with strong fingerprint recognition technologies, which perform as well but at a lower unit cost.

Iris recognition has traditionally been the domain of purpose-built devices such as immigration kiosks, cash dispensers, and biometrics jump kits used by soldiers in forward situations. These devices are expensive, in part due to their usage environments. However, the recent availability of iris imaging onboard mobile devices is likely to expand its use cases at small incremental cost. Starting from a base of $587 million in 2015, global iris recognition revenue is forecast to reach $1.92 billion by 2024, with cumulative revenue for the 10-year period totaling $11.7 billion at a compound annual growth rate (CAGR) of 14%.

This Tractica report examines the market for iris recognition biometrics hardware, including 10-year forecasts for the period from 2015 through 2024. The report examines 20 use cases specific to iris recognition. The report forecasts revenue and device shipments for standalone devices and integration into mobile devices. Within each world region, market forecasts are further segmented by industry and use case, to suggest where the opportunities lie. The report also includes profiles of 18 key industry players in the iris recognition market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Markets and Technologies for Voice Recognition

Global Markets and Technologies for Voice Recognition

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Evaluate the market opportunity for voice recognition technology providers. - Learn about the advances in machine learning, statistical data-mining techniques, ubiquitous mobile ...

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Video surveillance market is projected to grow at a CAGR of 15.4% between 2017 and 2022” The video surveillance market was valued at 30.37 billion in 2016 and is projected to reach USD 75.64 billion ...

Biometrics Technology Market Analysis By Application (Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS), By End-Use (Government, Banking & Finance, Consumer Electronics, Healthcare, Defense & Security), By Region, And Segment Forecasts, 2014 -

Biometrics Technology Market Analysis By Application (Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS), By End-Use (Government, Banking & Finance, Consumer Electronics, Healthcare, Defense & Security), By Region, And Segment Forecasts, 2014 -

  • $ 4950
  • Industry report
  • February 2017
  • by Grand View Research

The global biometrics technology market is expected to reach USD 59.31 billion by 2025, according to a new study by Grand View Research, Inc. The increasing demand for biometrics technology across various ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.