1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends

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
  • 60 pages
  • Tractica
Report ID: 3423913

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
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers
Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Military Biometrics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • $ 5795
  • Industry report
  • April 2017
  • by Transparency Market Research

Global Military Biometrics Market: Overview Biometric systems are becoming increasingly popular in wearable devices such as smart watches, eye glasses and fitness bands. These devices are equipped biometric ...

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 ...

Global Airport Security Equipment - Aerospace

Global Airport Security Equipment - Aerospace

  • $ 4950
  • Industry report
  • March 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Airport Security Equipment in US$ Thousand by the following Product Segments: Explosives Detection, X-ray & Infrared Equipment, Metal Detectors, Perimete ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

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