Global IRIS Scanner Market Size, Share & Industry Trends Analysis Report By Component, By Industry (Consumer Electronics, Military & Defense, Healthcare, Travel & Immigration, Automotive, BFSI), By Regional Outlook and Forecast, 2023 - 2030

Global IRIS Scanner Market Size, Share & Industry Trends Analysis Report By Component, By Industry (Consumer Electronics, Military & Defense, Healthcare, Travel & Immigration, Automotive, BFSI), By Regional Outlook and Forecast, 2023 - 2030


The Global IRIS Scanner Market size is expected to reach $6.4 billion by 2030, rising at a market growth of 10.4% CAGR during the forecast period. In the year 2022, the market attained a volume of 4,982.0 thousand units, experiencing a growth of 10.0% (2019-2022).

Military personnel and defense contractors often use iris scanning technology for identity verification. This is essential for ensuring that individuals are who they claim to be within military installations and in the field. Thus, the military and defense segment would register around 18% share in the market by 2030. Iris scanners are integrated into weapons and equipment to enhance security and restrict access. This helps prevent unauthorized use or tampering with military assets. Military & defense personnel uses iris scanners to securely access classified information and secure communication systems, assuring that only authorized individuals can access sensitive data. Some of the factors impacting the market are expansion of contactless biometrics, growing need for security and authentication and high cost of IRIS scanner.

In a post-COVID-19 world, the importance of hygienic and touchless technologies has grown. Iris recognition is contactless because it entails scanning the iris from a distance, eliminating the need for physical contact with a sensor or device. In healthcare settings, contactless biometrics are crucial for patient safety and hygiene. Iris scanners allow for patient identification and secure access to electronic health records without physical touch, reducing the risk of cross-contamination. Traditional biometric methods like fingerprint or handprint scanning can raise concerns about hygiene and disease transmission. The emphasis on contactless biometrics, considering hygiene and security concerns, has driven the adoption of iris scanning technology in various sectors, including healthcare, government, finance, and access control. Additionally, one of the primary drivers for the market is the increasing demand for highly secure and reliable authentication methods. Iris recognition is known for its accuracy and the uniqueness of everyone’s iris patterns, making it a robust solution for identity verification and access control. The need for secure financial transactions is critical in the financial services sector. These are used for secure logins, transaction authorization, and biometric payments, adding a layer of security to digital financial services. As the demand for touchless and secure authentication methods grows and the growing security and authentication needs are significant drivers for the growth of the market.

However, High-quality iris scanning technology is relatively expensive to implement. This cost is a barrier to adoption, especially for smaller organizations or applications with tight budgets. The cost of acquiring and installing iris scanning hardware and software is a significant barrier for organizations, especially smaller businesses or institutions with limited budgets. The upfront investment required to implement the technology can be a deterrent. Integrating iris scanning technology with existing access control systems or other security infrastructure can involve additional costs. Addressing these concerns and ensuring user acceptance is a challenge. The cost of implementing iris scanning technology is a factor that slows down its adoption in specific applications and markets.

Component Outlook

By component, the market is categorized into software and hardware. In 2022, the software segment covered a considerable revenue share in the market. Iris enrollment software is used to capture and store the unique iris patterns of individuals. During enrollment, individuals' irises are scanned and converted into a template stored securely for future authentication. The core of iris recognition software involves matching algorithms that compare the captured iris patterns with stored templates to determine whether a person's identity is verified. These algorithms are responsible for the accuracy and reliability of the recognition process.

Industry Outlook

Based on industry, the market is classified into consumer electronics, healthcare, military & defense, BFSI, travel & immigration, automotive, and others. In 2022, the consumer electronics segment witnessed the largest revenue share in the market. Iris scanning technology has been integrated into high-end smartphones as an additional biometric security feature alongside fingerprint recognition. Users can unlock their devices, make secure payments, and access sensitive information using irises. This added layer of security is attractive to consumers, especially for privacy-conscious users. Some tablets and laptops have also incorporated iris scanners for secure logins and user authentication.

Regional Outlook

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the North America region led the market by generating the highest revenue share. North America, particularly the United States and Canada, witnessed increasing adoption of iris scanning technology. This adoption was driven by the need for highly secure and accurate biometric authentication in various sectors, including government, healthcare, finance, and corporate enterprises. North America's government and defense sectors have significantly used iris recognition technology. Iris scanners were employed in secure facilities, border control, immigration, and military applications to enhance security and control access to sensitive areas.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dermalog Identification Systems GmbH, M2SYS Technology, ams-OSRAM AG. eyeLock LLC (VOXX International Corporation), Princeton Identity, Inc., CMITech Co, Ltd., HID Global Corporation (Assa Abloy AB), Thales Group S.A., Iris ID, Inc. and IrisGuard Ltd.

Scope of the Study

Market Segments covered in the Report:

By Component
  • Hardware
  • Software
By Industry (Volume, Thousand Units, USD Million/Billion, 2019-2030)
  • Consumer Electronics
  • Military & Defense
  • Healthcare
  • Travel & Immigration
  • Automotive
  • BFSI
  • Others
By Geography (Volume, Thousand Units, USD Million/Billion, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • Dermalog Identification Systems Gmbh
  • M2SYS Technology
  • ams-OSRAM AG
  • eyeLock LLC (VOXX International Corporation)
  • Princeton Identity, Inc.
  • CMITech Co, Ltd.
  • HID Global Corporation (Assa Abloy AB)
  • Thales Group S.A.
  • Iris ID, Inc.
  • IrisGuard Ltd.
Unique Offerings from KBV Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free


Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global IRIS Scanner Market, by Component
1.4.2 Global IRIS Scanner Market, by Industry
1.4.3 Global IRIS Scanner Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Porter’s Five Forces Analysis
Chapter 5. Global IRIS Scanner Market by Component
5.1 Global Hardware Market by Region
5.2 Global Software Market by Region
Chapter 6. Global IRIS Scanner Market by Industry
6.1 Global Consumer Electronics Market by Region
6.2 Global Military & Defense Market by Region
6.3 Global Healthcare Market by Region
6.4 Global Travel & Immigration Market by Region
6.5 Global Automotive Market by Region
6.6 Global BFSI Market by Region
6.7 Global Others Market by Region
Chapter 7. Global IRIS Scanner Market by Region
7.1 North America IRIS Scanner Market
7.1.1 North America IRIS Scanner Market by Component
7.1.1.1 North America Hardware Market by Country
7.1.1.2 North America Software Market by Country
7.1.2 North America IRIS Scanner Market by Industry
7.1.2.1 North America Consumer Electronics Market by Country
7.1.2.2 North America Military & Defense Market by Country
7.1.2.3 North America Healthcare Market by Country
7.1.2.4 North America Travel & Immigration Market by Country
7.1.2.5 North America Automotive Market by Country
7.1.2.6 North America BFSI Market by Country
7.1.2.7 North America Others Market by Country
7.1.3 North America IRIS Scanner Market by Country
7.1.3.1 US IRIS Scanner Market
7.1.3.1.1 US IRIS Scanner Market by Component
7.1.3.1.2 US IRIS Scanner Market by Industry
7.1.3.2 Canada IRIS Scanner Market
7.1.3.2.1 Canada IRIS Scanner Market by Component
7.1.3.2.2 Canada IRIS Scanner Market by Industry
7.1.3.3 Mexico IRIS Scanner Market
7.1.3.3.1 Mexico IRIS Scanner Market by Component
7.1.3.3.2 Mexico IRIS Scanner Market by Industry
7.1.3.4 Rest of North America IRIS Scanner Market
7.1.3.4.1 Rest of North America IRIS Scanner Market by Component
7.1.3.4.2 Rest of North America IRIS Scanner Market by Industry
7.2 Europe IRIS Scanner Market
7.2.1 Europe IRIS Scanner Market by Component
7.2.1.1 Europe Hardware Market by Country
7.2.1.2 Europe Software Market by Country
7.2.2 Europe IRIS Scanner Market by Industry
7.2.2.1 Europe Consumer Electronics Market by Country
7.2.2.2 Europe Military & Defense Market by Country
7.2.2.3 Europe Healthcare Market by Country
7.2.2.4 Europe Travel & Immigration Market by Country
7.2.2.5 Europe Automotive Market by Country
7.2.2.6 Europe BFSI Market by Country
7.2.2.7 Europe Others Market by Country
7.2.3 Europe IRIS Scanner Market by Country
7.2.3.1 Germany IRIS Scanner Market
7.2.3.1.1 Germany IRIS Scanner Market by Component
7.2.3.1.2 Germany IRIS Scanner Market by Industry
7.2.3.2 UK IRIS Scanner Market
7.2.3.2.1 UK IRIS Scanner Market by Component
7.2.3.2.2 UK IRIS Scanner Market by Industry
7.2.3.3 France IRIS Scanner Market
7.2.3.3.1 France IRIS Scanner Market by Component
7.2.3.3.2 France IRIS Scanner Market by Industry
7.2.3.4 Russia IRIS Scanner Market
7.2.3.4.1 Russia IRIS Scanner Market by Component
7.2.3.4.2 Russia IRIS Scanner Market by Industry
7.2.3.5 Spain IRIS Scanner Market
7.2.3.5.1 Spain IRIS Scanner Market by Component
7.2.3.5.2 Spain IRIS Scanner Market by Industry
7.2.3.6 Italy IRIS Scanner Market
7.2.3.6.1 Italy IRIS Scanner Market by Component
7.2.3.6.2 Italy IRIS Scanner Market by Industry
7.2.3.7 Rest of Europe IRIS Scanner Market
7.2.3.7.1 Rest of Europe IRIS Scanner Market by Component
7.2.3.7.2 Rest of Europe IRIS Scanner Market by Industry
7.3 Asia Pacific IRIS Scanner Market
7.3.1 Asia Pacific IRIS Scanner Market by Component
7.3.1.1 Asia Pacific Hardware Market by Country
7.3.1.2 Asia Pacific Software Market by Country
7.3.2 Asia Pacific IRIS Scanner Market by Industry
7.3.2.1 Asia Pacific Consumer Electronics Market by Country
7.3.2.2 Asia Pacific Military & Defense Market by Country
7.3.2.3 Asia Pacific Healthcare Market by Country
7.3.2.4 Asia Pacific Travel & Immigration Market by Country
7.3.2.5 Asia Pacific Automotive Market by Country
7.3.2.6 Asia Pacific BFSI Market by Country
7.3.2.7 Asia Pacific Others Market by Country
7.3.3 Asia Pacific IRIS Scanner Market by Country
7.3.3.1 China IRIS Scanner Market
7.3.3.1.1 China IRIS Scanner Market by Component
7.3.3.1.2 China IRIS Scanner Market by Industry
7.3.3.2 Japan IRIS Scanner Market
7.3.3.2.1 Japan IRIS Scanner Market by Component
7.3.3.2.2 Japan IRIS Scanner Market by Industry
7.3.3.3 India IRIS Scanner Market
7.3.3.3.1 India IRIS Scanner Market by Component
7.3.3.3.2 India IRIS Scanner Market by Industry
7.3.3.4 South Korea IRIS Scanner Market
7.3.3.4.1 South Korea IRIS Scanner Market by Component
7.3.3.4.2 South Korea IRIS Scanner Market by Industry
7.3.3.5 Singapore IRIS Scanner Market
7.3.3.5.1 Singapore IRIS Scanner Market by Component
7.3.3.5.2 Singapore IRIS Scanner Market by Industry
7.3.3.6 Malaysia IRIS Scanner Market
7.3.3.6.1 Malaysia IRIS Scanner Market by Component
7.3.3.6.2 Malaysia IRIS Scanner Market by Industry
7.3.3.7 Rest of Asia Pacific IRIS Scanner Market
7.3.3.7.1 Rest of Asia Pacific IRIS Scanner Market by Component
7.3.3.7.2 Rest of Asia Pacific IRIS Scanner Market by Industry
7.4 LAMEA IRIS Scanner Market
7.4.1 LAMEA IRIS Scanner Market by Component
7.4.1.1 LAMEA Hardware Market by Country
7.4.1.2 LAMEA Software Market by Country
7.4.2 LAMEA IRIS Scanner Market by Industry
7.4.2.1 LAMEA Consumer Electronics Market by Country
7.4.2.2 LAMEA Military & Defense Market by Country
7.4.2.3 LAMEA Healthcare Market by Country
7.4.2.4 LAMEA Travel & Immigration Market by Country
7.4.2.5 LAMEA Automotive Market by Country
7.4.2.6 LAMEA BFSI Market by Country
7.4.2.7 LAMEA Others Market by Country
7.4.3 LAMEA IRIS Scanner Market by Country
7.4.3.1 Brazil IRIS Scanner Market
7.4.3.1.1 Brazil IRIS Scanner Market by Component
7.4.3.1.2 Brazil IRIS Scanner Market by Industry
7.4.3.2 Argentina IRIS Scanner Market
7.4.3.2.1 Argentina IRIS Scanner Market by Component
7.4.3.2.2 Argentina IRIS Scanner Market by Industry
7.4.3.3 UAE IRIS Scanner Market
7.4.3.3.1 UAE IRIS Scanner Market by Component
7.4.3.3.2 UAE IRIS Scanner Market by Industry
7.4.3.4 Saudi Arabia IRIS Scanner Market
7.4.3.4.1 Saudi Arabia IRIS Scanner Market by Component
7.4.3.4.2 Saudi Arabia IRIS Scanner Market by Industry
7.4.3.5 South Africa IRIS Scanner Market
7.4.3.5.1 South Africa IRIS Scanner Market by Component
7.4.3.5.2 South Africa IRIS Scanner Market by Industry
7.4.3.6 Nigeria IRIS Scanner Market
7.4.3.6.1 Nigeria IRIS Scanner Market by Component
7.4.3.6.2 Nigeria IRIS Scanner Market by Industry
7.4.3.7 Rest of LAMEA IRIS Scanner Market
7.4.3.7.1 Rest of LAMEA IRIS Scanner Market by Component
7.4.3.7.2 Rest of LAMEA IRIS Scanner Market by Industry
Chapter 8. Company Profiles
8.1 Dermalog Identification Systems Gmbh
8.1.1 Company Overview
8.1.2 Recent strategies and developments:
8.1.2.1 Acquisition and Mergers:
8.1.3 SWOT Analysis
8.2 M2SYS Technology, Inc.
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 ams-OSRAM AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 eyeLock LLC. (VOXX International Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Princeton Identity, Inc.
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 CMITECH CO., LTD
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 HID Global Corporation (Assa Abloy AB)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.7.6 SWOT Analysis
8.8 Thales Group S.A.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Iris ID, Inc.
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.3 SWOT Analysis
8.10. IrisGuard Ltd.
8.10.1 Company Overview
8.10.2 SWOT Analysis
Chapter 9. Winning Imperative for IRIS Scanner Market

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings