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(Hosting-NewsWire.com, February 16, 2016 ) Iris recognition is one of the most secure, and accurate biometrics modality that is used for security and surveillance purposes in sectors such as government, military and defense, healthcare, banking and finance, consumer electronics, travel and immigration, and automotive. This biometrics technology came into existence in 1994 and many countries across the globe have deployed this technology for cross-border control and national ID initiatives.
Market analysts forecast the global iris recognition market to grow at a CAGR of 21.45% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global iris recognition market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of iris recognition biometrics which includes hardware, software and integrated solutions and services.
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The market is divided into the following segments based on end-user: Government Transportation Healthcare
New report, Global Iris Recognition Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors 3M Cogent BioEnable Crossmatch Technologies Iris ID IRITECH
Other prominent vendors 4G Identity Solutions Aditech BI Technologies Biomatiques Identification Solution Easy Clocking EyeLock IrisGuard M2SYS Technology Smart Sensors SRI International
Market driver Introduction of iris scanners in smartphones For a full, detailed list, view our report
Market challenge High costs For a full, detailed list, view our report
Market trend Introduction of iris recognition in multimodal biometrics For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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Table Of Content
PART 01: Executive summary Key findings PART 02: Scope of the report PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights PART 05: Market description Workflow of iris recognition Advantages and disadvantages of iris recognition systems PART 06: Key market developments Introduction of iris scanners in smartphones Demand for contactless biometrics Emergence of cloud biometrics Emergence of iris biometrics in wearables PART 07: Market landscape Market overview Global iris recognition market PART 08: Market segmentation by end user Global iris recognition market by end-user Global iris recognition market in government sector Global iris recognition market in transportation sector Global iris recognition market in healthcare sector PART 09: Geographical segmentation Global iris recognition market by region PART 10: Market challenges High costs of deployment and maintenance Vulnerability of biometrics systems Lack of biometrics standardization Privacy concerns surrounding biometric data PART 11: Market trends Introduction of iris recognition into multimodal biometrics Adoption of iris recognition biometrics in BFSI sector Adoption of iris recognition biometrics in education sector PART 12: Five forces model PART 13: Vendor analysis Products Features Applications Description of leading vendors Competitive scenario Vendor comparison Vendor news updates Other prominent vendors PART 14: Appendix List of abbreviations PART 15: Explore Technavio
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