Semiconductor & Electronics

Market Research Reports & Consulting

Iris Recognition Market by Product (Scanners, Smartphone), by Component (Hardware, Software), by Application (Identification & Access Control, Time & Attendance), by Region (North America, Asia-Pacific, Europe, Middle East and Africa, South America) – Global Forecast 2019 to 2027

The Global Iris Recognition Market is projected to reach a value of over USD 7.7 billion by 2027 at a CAGR of around 16.3%, says forencis research (FSR). Iris recognition measures the unique patterns in the colored circles present in the eye to authenticate and verify personal identity. The advantages such as contactless, speed, and accuracy, the iris recognition can operate from long distance. Iris recognition technology is used for various identification & access control, time & attendance, and many other systems to identify peoples and give authority to enter the work area. This system is used in various end-user industries such as BFSI, military & defense, government, consumer electronics, healthcare, and automotive among others.

March, 2020 | Price: $ 5600 $ 4500