1. Market Research
  2. > ICT
  3. > IT Hardware
  4. > Security Systems Market Trends
5-year Opportunity Analysis of the Global Iris Recognition Market

5-year Opportunity Analysis of the Global Iris Recognition Market

  • May 2015
  • 90 pages
  • ID: 2996441
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

Scope

This research service analyses trends in the iris recognition market across the government and commercial sectors, globally. Despite hardware pricing and technology know-how being major challenges, iris biometry is expected to slowly gain prominence in various applications. This study focuses on factors likely to drive and restrain market growth and provides analysis by vertical region (North America; Latin American; Asia-Pacific; and Europe, the Middle East and Africa) and product in addition to a competitive analysis. The forecast period is 2015–2019 with a 2014 base year. This deliverable will provide key market participants with the necessary business intelligence to help them accelerate growth in a fast-paced market.This research service analyses trends in the iris recognition market across the government and commercial sectors, globally. Despite hardware pricing and technology know-how being major challenges, iris biometry is expected to slowly gain prominence in various applications. This study focuses on factors likely to drive and restrain market growth and provides analysis by vertical region (North America; Latin American; Asia-Pacific; and Europe, the Middle East and Africa) and product in addition to a competitive analysis. The forecast period is 2015–2019 with a 2014 base year. This deliverable will provide key market participants with the necessary business intelligence to help them accelerate growth in a fast-paced market.

Key Findings

•The global market for iris recognition across government and commercial applications is at a nascent phase of the Gaussian curve. The compound annual growth rate (CAGR) between 2015–2019 is expected to reach xx %.
•NA and EMEA account for a major share of the world market. This trend is expected to continue over the forecast period. Government applications dominate the market for iris recognition over the short-term in these regions.
•Emerging economies such as Brazil, India, South Africa, the Middle East, Russia, and China are expected to embrace this technology, thereby offering considerable growth opportunities.
•Commercial use of iris recognition is still nascent with access control being the predominant application. Hospitality, healthcare, and finance are among major verticals that are expected to drive demand for iris recognition over the long term as pricing of iris biometrics declines.
•The hardware complexity of iris biometrics results in the hardware component of the market generating greater revenue. Companies are focused on enhancing performance of iris-on-the-move products.
•Although price is a major competitive factor at this juncture, performance and reliability are vital to iris solutions and have been major points for potential success or failure in the adoption of iris biometrics across applications.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ 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.
Ahmad 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

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Biometrics in Global Automotive Market, 2019

Biometrics in Global Automotive Market, 2019

  • $ 3000
  • January 2020

The global automotive biometrics market is witnessing high growth projections, due to the emerging use cases of the technologies in the field.Despite a slowdown in the automotive market, integration of ...

Global Biometrics in Healthcare Market, Forecast to 2024

Global Biometrics in Healthcare Market, Forecast to 2024

  • $ 4950
  • January 2020

The global market for biometrics in healthcare is witnessing strong revenue growth, with a higher rate of adoption of electronic healthcare systems and digital tools for healthcare. The rise of a smart, ...

Global Biometrics Market, Forecast to 2024

Global Biometrics Market, Forecast to 2024

  • $ 4950
  • December 2019

The global biometrics market is at a high growth stage due to the ubiquity of dominant biometric modalities such as fingerprint and facial recognition. The deployment of biometrics is increasingly pervasive ...


ref:plp2015

Reportlinker.com © Copyright 2020. All rights reserved.

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

Make sure you don’t miss any news and follow us on