Global Iris Recognition Market (2020 to 2024) - Key Drivers, Challenges and Trends - ResearchAndMarkets.com

The "Global Iris Recognition Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.

The iris recognition market is poised to grow by $ 2.08 billion during 2020-2024 progressing at a CAGR of 23% during the forecast period.

The report on the iris recognition market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing need to reduce identity duplication and need for advanced security.

The iris recognition market analysis includes end-user segment and geographic landscapes. This study identifies the increased adoption of iris recognition in the government sector as one of the prime reasons driving the iris recognition market growth during the next few years.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

Companies Mentioned

• Aware Inc.
• BioEnable Technologies Pvt. Ltd.
• EyeLock LLC
• Honeywell International Inc.
• Iris ID Systems Inc.
• IrisGuard UK Ltd.
• IRITECH INC.
• M2SYS Technology
• Safran SA
• Thales Group

The iris recognition market covers the following areas:

• Iris recognition market sizing
• Iris recognition market forecast
• Iris recognition market industry analysis

Key Topics Covered:

1. Executive Summary

• Market Overview

2. Market Landscape

• Market ecosystem
• Value chain analysis

3. Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

4. Five Forces Analysis

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

5. Market Segmentation by End-user

• Market segments
• Comparison by End user
• Government - Market size and forecast 2019-2024
• Transportation - Market size and forecast 2019-2024
• Healthcare - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by End user

6. Customer landscape

• Overview

7. Geographic Landscape

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

8. Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher priced units
• Market challenges
• Market trends

9. Vendor Landscape

• Overview
• Landscape disruption

10. Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Aware Inc.
• BioEnable Technologies Pvt. Ltd.
• EyeLock LLC
• Honeywell International Inc.
• Iris ID Systems Inc.
• IrisGuard UK Ltd.
• IRITECH INC.
• M2SYS Technology
• Safran SA
• Thales Group

11. Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

For more information about this report visit https://www.researchandmarkets.com/r/krgzgy

View source version on businesswire.com: https://www.businesswire.com/news/home/20201006005674/en/