According to the latest report by IMARC Group,the global iris recognition market exhibited strong growth during 2015-2020. Iris recognition is a method of identifying distinct patterns present within the iris of an individual's eye. It is used as a method of biometric identification that uses visible and near-infrared light and a digital camera for capturing a high-resolution contrasting photograph of the iris.

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Global Iris Recognition
Market Research Report
and Forecast 2021-2026
Author: Elena Anderson,
Marketing Manager |
IMARC Group
© 2019 IMARC All Rights Reserved

2. Report Description
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3. Report Description
Report Description and Highlights
Global Iris Recognition Market Outlook 2026:
According to the latest report by IMARC Group, titled "Iris Recognition Market: Global Industry Trends,
Share, Size, Growth, Opportunity and Forecast 2021-2026," the global iris recognition market exhibited
strong growth during 2015-2020.
Iris recognition is a method of identifying distinct patterns present within the iris of an individual's eye. It
is used as a method of biometric identification that uses visible and near-infrared light and a digital
camera for capturing a high-resolution contrasting photograph of the iris.
Specialized computer programs are also utilized in this method to compare the clicked photograph with
millions of images per second that are categorized in a database. This fast and contactless method is
used as a means of verifying a person's authentication.
Iris recognition is also considered to be much more reliable and convenient as compared to the other
biometric verification methods, including face recognition and fingerprint scanning. As a result, it is
widely used across various establishments, such as airports and organizations, to prevent unauthorized
access.

4. Report Description
Report Description and Highlights
Global Iris Recognition Market Trends:
The global market is primarily driven by the growing requirement for efficient security systems. In line
with this, growing incidences of security breaches, along with the rising number of terrorist attacks and
cybercrimes, have propelled the demand for reliable biometric systems.
Furthermore, the entry and exit points of numerous government facilities have been equipped with iris
recognition to improve safety conditions.
Apart from this, this method of biometric verification is extensively utilized by the healthcare sector to
address patient identity challenges. It is also being used for automating pharmacy dispensing and
providing enhanced administrative efficiency in the medical field, thereby creating a positive outlook
for the market.
Furthermore, market players are integrating iris recognition technology with consumer electronics to
offer a superior experience and enhanced security to the users.
Request for a free sample report: https://www.imarcgroup.com/iris-recognition-
market/requestsample

5. For instance, Samsung, a South Korean technological giant, has introduced a series of smartphones,
which utilize iris recognition as a fool-proof method for securing personal data. The adoption of iris
scanning by the banking sector is also anticipated to facilitate the market growth.
Market Summary:
Breakup by Component:
• Hardware
• Software
Breakup by Product Integration:
• Smartphone
• Tablet and Notebook
• Scanner
• PC/Laptop
• Smartwatches
• Others
Report Description
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6. Breakup by End-User:
• Government
• Transportation
• Healthcare
• Others
Breakup by Region:
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2021-2026).
Report Description
Report Description and Highlights

7. Competitive Landscape With Keyplayer:
• BioEnable Technologies Pvt. Ltd.
• Iris ID Systems Inc.
• IrisGuard
• M2SYS Technology
• Gemalto N.V.
• IRITECH INC.
• SRI International
• HID Global Corporation
• EyeLock LLC.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/iris-recognition-market
Report Description
Report Description and Highlights

8. A partial List of our Clients
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world's leading corporates, governments, and
institutions
Partial List of Clients

9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients

10. Report Description
Report Description and Highlights
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