Iris Recognition Market by Component (Hardware, Software), Product (PCs & Laptops, Scanners, Smartphones), Application, Vertical - Global Forecast 2024-2030

Iris Recognition Market by Component (Hardware, Software), Product (PCs & Laptops, Scanners, Smartphones), Application, Vertical - Global Forecast 2024-2030


The Iris Recognition Market size was estimated at USD 4.58 billion in 2023 and expected to reach USD 5.34 billion in 2024, at a CAGR 17.10% to reach USD 13.85 billion by 2030.

Global Iris Recognition Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Iris Recognition Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Iris Recognition Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Iris Recognition Market, highlighting leading vendors and their innovative profiles. These include Aware Inc., BioEnable Technologies Pvt. Ltd., DERMALOG Identification Systems GmbH, eyeLock LLC, HID Global Corporation, Honeywell International Inc., IDEMIA, Iris ID Systems, Inc., Irisguard Inc., Iritech, Inc., M2SYS Technology, NEC Corporation, Princeton Identity Inc., Sri International Inc., and Thales Group.

Market Segmentation & Coverage

This research report categorizes the Iris Recognition Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware

Software

Product
PCs & Laptops

Scanners

Smartphones

Tablets & Notebooks

Wearables

Application
E-Payment

Identity management & Access Control

Time Monitoring

Vertical
Automotive

Banking & Finance

Consumer Electronics

Government

Healthcare

Military & Defense

Travel & Immigration

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Iris Recognition Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Iris Recognition Market?
3. What are the technology trends and regulatory frameworks in the Iris Recognition Market?
4. What is the market share of the leading vendors in the Iris Recognition Market?
5. Which modes and strategic moves are suitable for entering the Iris Recognition Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Iris Recognition Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising adoption by government organizations for identification and authentication purposes
5.1.1.2. Surging demand for iris scanners in access control application globally
5.1.1.3. Growing use of iris recognition technology in e-passport programs
5.1.2. Restraints
5.1.2.1. Fear of privacy intrusion and inconvenience
5.1.3. Opportunities
5.1.3.1. Penetration of biometric technologies in automotive industry
5.1.3.2. Integration of cloud computing with iris recognition technology
5.1.3.3. Use of iris recognition technology in e-commerce
5.1.4. Challenges
5.1.4.1. Complexity of integrating iris recognition technology into conventional identification solutions
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Iris Recognition Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Software
7. Iris Recognition Market, by Product
7.1. Introduction
7.2. PCs & Laptops
7.3. Scanners
7.4. Smartphones
7.5. Tablets & Notebooks
7.6. Wearables
8. Iris Recognition Market, by Application
8.1. Introduction
8.2. E-Payment
8.3. Identity management & Access Control
8.4. Time Monitoring
9. Iris Recognition Market, by Vertical
9.1. Introduction
9.2. Automotive
9.3. Banking & Finance
9.4. Consumer Electronics
9.5. Government
9.6. Healthcare
9.7. Military & Defense
9.8. Travel & Immigration
10. Americas Iris Recognition Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Iris Recognition Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.
10. South Korea
11.
11. Taiwan
11.
12. Thailand
11.
13. Vietnam
12. Europe, Middle East & Africa Iris Recognition Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.
10. Nigeria
12.
11. Norway
12.
12. Poland
12.
13. Qatar
12.
14. Russia
12.
15. Saudi Arabia
12.
16. South Africa
12.
17. Spain
12.
18. Sweden
12.
19. Switzerland
12.
20. Turkey
12.
21. United Arab Emirates
12.
22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Aware Inc.
14.1.2. BioEnable Technologies Pvt. Ltd.
14.1.3. DERMALOG Identification Systems GmbH
14.1.4. eyeLock LLC
14.1.5. HID Global Corporation
14.1.6. Honeywell International Inc.
14.1.7. IDEMIA
14.1.8. Iris ID Systems, Inc.
14.1.9. Irisguard Inc.
14.1.
10. Iritech, Inc.
14.1.
11. M2SYS Technology
14.1.
12. NEC Corporation
14.1.
13. Princeton Identity Inc.
14.1.
14. Sri International Inc.
14.1.
15. Thales Group
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. IRIS RECOGNITION MARKET RESEARCH PROCESS
FIGURE 2. IRIS RECOGNITION MARKET SIZE, 2023 VS 2030
FIGURE 3. IRIS RECOGNITION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. IRIS RECOGNITION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. IRIS RECOGNITION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. IRIS RECOGNITION MARKET DYNAMICS
FIGURE 7. IRIS RECOGNITION MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. IRIS RECOGNITION MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. IRIS RECOGNITION MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 10. IRIS RECOGNITION MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. IRIS RECOGNITION MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. IRIS RECOGNITION MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. IRIS RECOGNITION MARKET SIZE, BY VERTICAL, 2023 VS 2030 (%)
FIGURE 14. IRIS RECOGNITION MARKET SIZE, BY VERTICAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES IRIS RECOGNITION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES IRIS RECOGNITION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA IRIS RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. IRIS RECOGNITION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. IRIS RECOGNITION MARKET SHARE, BY KEY PLAYER, 2023

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