Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region – 2024 to 2029

SKU: GMS-652

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OVERVIEW

The global market size of iris recognition is expected to hit USD 4.8 billion by 2025, increasing over the forecast period at a CAGR of 12.5%. The high adoption of the iris recognition technology for identification and authentication purposes by government agencies is the primary driving force for market development. The increasing penetration of iris recognition technology in vertical consumer electronics and the high demand for iris scanners for the application for access control are a few other primary factors that have a positive effect on the growth of the iris recognition industry.

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 1

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 2

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 3

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 4

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 5

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 6

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 7

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 8

TABLE OF CONTENT

1 Global Iris Recognition Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Iris Recognition Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Iris Recognition Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Iris Recognition Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Iris Recognition Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Iris Recognition Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Iris Recognition Market – By Component (Market Size – & million/billion)
8.1 Hardware
8.2 Software

9 Global Iris Recognition Market – By Product
9.1 Smartphones
9.2 Wearables
9.3 Tablets & Notebooks
9.4 PCs/ Laptops
9.5 Scanners

10 Global Iris Recognition Market – By Application
10.1 Identity management and Access Control
10.2 Time Monitoring
10.3 E-Payment

11 Global Iris Recognition Market – By Vertical
11.1 Banking & Finance
11.2 Consumer Electronics
11.3 Travel & Immigration
11.4 Government
11.5 Military & Defense
11.6 Healthcare
11.7 Automotive
11.8 Others

12 Global Iris Recognition Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa

13 Global Iris Recognition Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships

14 Global Iris Recognition Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Thales Group
14.3 Idemia
14.4 HID Global
14.5 Iris ID
14.6 NEC Corporation
14.7 Princeton Identity
14.8 Cmitech
14.9 Iritech
14.10 Irisguard
14.11 Eyelock
14.12 Company 11 & more

15 Global Iris Recognition Market – Appendix
15.1 Sources
15.2 Abbreviations

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OVERVIEW

The global market size of iris recognition is expected to hit USD 4.8 billion by 2025, increasing over the forecast period at a CAGR of 12.5%. The high adoption of the iris recognition technology for identification and authentication purposes by government agencies is the primary driving force for market development. The increasing penetration of iris recognition technology in vertical consumer electronics and the high demand for iris scanners for the application for access control are a few other primary factors that have a positive effect on the growth of the iris recognition industry.

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 9

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 10

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 11

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 12

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 13

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 14

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 15

Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical, and Region - 2024 to 2029 16

TABLE OF CONTENT

1 Global Iris Recognition Market
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Iris Recognition Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Iris Recognition Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Iris Recognition Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Iris Recognition Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Opportunities
6.2.3 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Iris Recognition Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Iris Recognition Market – By Component (Market Size – & million/billion)
8.1 Hardware
8.2 Software

9 Global Iris Recognition Market – By Product
9.1 Smartphones
9.2 Wearables
9.3 Tablets & Notebooks
9.4 PCs/ Laptops
9.5 Scanners

10 Global Iris Recognition Market – By Application
10.1 Identity management and Access Control
10.2 Time Monitoring
10.3 E-Payment

11 Global Iris Recognition Market – By Vertical
11.1 Banking & Finance
11.2 Consumer Electronics
11.3 Travel & Immigration
11.4 Government
11.5 Military & Defense
11.6 Healthcare
11.7 Automotive
11.8 Others

12 Global Iris Recognition Market – By Geography (Market Size – & million/billion)
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 U.K
12.3.2 Germany
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 South Korea
12.4.5 Rest of APAC
12.5 Rest of the World
12.5.1 South America
12.5.2 Middle East
12.5.3 Africa

13 Global Iris Recognition Market – Entropy
13.1 New product launches
13.2 M&A’s, collaborations, JVs and partnerships

14 Global Iris Recognition Market Company Profile (Key Players)
14.1 Market Share, Company Revenue, Products, M&A, Developments
14.2 Thales Group
14.3 Idemia
14.4 HID Global
14.5 Iris ID
14.6 NEC Corporation
14.7 Princeton Identity
14.8 Cmitech
14.9 Iritech
14.10 Irisguard
14.11 Eyelock
14.12 Company 11 & more

15 Global Iris Recognition Market – Appendix
15.1 Sources
15.2 Abbreviations

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