Iris biometric recognizing came in to existence in the year 1994. This is basically an authentication process in which the random iris patterns of a person are analyzed. These patterns are captured using digital cameras and illumination by near infrared technique. The major concern is about the damage to the eye which is overcome by using single LED source to generate infrared rays.

1. Iris Biometrics Market: Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research
Iris Biometrics Market: Global Industry
Analysis and Forecast 2015 - 2021
Persistence Market Research 1

2. Iris Biometrics Market: Global Industry Analysis and Forecast 2015 - 2021
Persistence Market Research Released New Market Report on “Iris Biometrics Market:
Global Industry Analysis and Forecast 2015 - 2021”.
Iris biometric recognizing came in to existence in the year 1994. This is basically an authentication
process in which the random iris patterns of a person are analyzed. These patterns are captured using
digital cameras and illumination by near infrared technique. The major concern is about the damage to
the eye which is overcome by using single LED source to generate infrared rays. Iris biometric recognition
has several advantages such as high accuracy and time performance of the technology. Several
countries across the globe have deployed iris biometric systems for automated cross border activities and
creating national IDs for the people. This has reduced the time for verification of the person travelling from
one place to another across the globe. The national security agencies are using iris scanning technology
to verify the identity of the people immigrating into their countries. Further, with advancement in
technology and rising demand for security, this technology is expected to be used for big residential
buildings over the coming years. However, the technology is intrusive and very expensive.
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market.asp
The rising demand for authentication and extensive support from the government are major factors
fuelling the growth of iris biometrics market. Additionally, the rising demand for E-passport, criminal
identification and surveillance in public gatherings are other factors that add to the growth of the market.
Further, the use of biometric recognition in E-commerce and setting up of a hosted security system on
cloud are expected to attract new and existing players towards growing trend in security and
authentication. Additionally, the players in this market are expected to deploy multimodal biometric
recognition systems to integrate their existing systems with iris biometric system. However, high cost and
fear of privacy disturbance are the major concerns that could pose challenge to the growth of the market.
Other factors affecting the growth of the market are the technical issues regarding the compatibility with
existing systems and time to develop the iris recognition system.
Iris biometric finds major applications in end-use sectors such as government, defense, immigration,
banking, finance, consumer electronics, healthcare, home and commercial security among others.
Additionally, services such as access control, time and attendance monitor, national identity and public
safety are delivered by the solutions provided in the market. The iris biometrics market is classified under
four geographical regions, namely, North America, Europe, Asia-Pacific and Rest of the World. Market is
currently dominated by Europe followed by North America. Asia-Pacific and Middle-East are catching up
fast, and hence they ensure positive outlook for growth of iris biometrics market.
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3. Iris Biometrics Market: Global Industry Analysis and Forecast 2015 - 2021
The leading providers for iris biometric scanners are MorphoTrak, Smartmatic, Anviz Global, Smart
Sensors Ltd., Iris ID Inc., and SRI International among others. Other players in the market include Aditech
Ltd., BioEnable Technologies Pvt. Ltd., Human Reco Systems, IrisGuard Inc., EyeLock Corp. and AOptix
Technologies Inc. among others. Additionally, smart phone manufactures are seeing interest in using iris
biometric scanning for improving the safety standards. For instance, Samsung is working on research and
development for using iris biometric scanning solution for their high-end mobile phone segment. Various
other software toolkits such as Iris/Pupil finder, Mirlin SDK, Bath Iris Database and Mirlin iris analyst are
available in the market.
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Key points covered in the report:-
1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
 North America
 Europe
 Asia
 RoW
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full “All Upcoming Persistence Market's ” report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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4. Iris Biometrics Market: Global Industry Analysis and Forecast 2015 - 2021
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