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5-year Opportunity Analysis of the Global Iris Recognition Market

5-year Opportunity Analysis of the Global Iris Recognition Market

The global market for iris recognition across government and commercial applications is at a nascent phase of the Gaussian curve. The compound annual growth rate (CAGR) between 2015–2019 is expected to reach 􂀀%.

NA and EMEA account for a major share of the world market. This trend is expected to continue over the forecast period. Government applications dominate the market for iris recognition over the short-term in these regions.

Emerging economies such as Brazil, India, South Africa, the Middle East, Russia, and China are expected to embrace this technology, thereby offering considerable growth opportunities.

Commercial use of iris recognition is still nascent with access control being the predominant application. Hospitality, healthcare, and finance are among major verticals that are expected to drive demand for iris recognition over the long term as pricing of iris biometrics declines.

The hardware complexity of iris biometrics results in the hardware component of the market generating greater revenue. Companies are focused on enhancing performance of iris-on-the-move products.

Although price is a major competitive factor at this juncture, performance and reliability are vital to iris solutions and have been major points for potential success or failure in the adoption of iris biometrics across applications.

About this report

This research service analyses trends in the iris recognition market across the government and commercial sectors, globally. Despite hardware pricing and technology know-how being major challenges, iris biometry is expected to slowly gain prominence in various applications. This study focuses on factors likely to drive and restrain market growth and provides analysis by vertical region (North America; Latin American; Asia-Pacific; and Europe, the Middle East and Africa) and product in addition to a competitive analysis. The forecast period is 2015–2019 with a 2014 base year. This deliverable will provide key market participants with the necessary business intelligence to help them accelerate growth in a fast-paced market.


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO's Perspective
  • Market Overview
    • Market Definitions
    • Key Questions This Study Will Answer
    • Market Segmentation
    • Market Distribution Channels
  • Iris Recognition
    • Iris Biometric Applications
    • Wearable Biometrics
    • Iris in Smartphones
    • Iris in Automotive (Commercial Vehicles)
    • Iris in Automotive (Domestic Vehicles)
  • Drivers and Restraints-Total Iris Recognition Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecast and Trends-Total Iris Recognition Market
    • Market Engineering Measurements
      • Table Total Iris Recognition Market: Market Engineering Measurements, Global, 2014
    • Forecast Assumptions
    • Revenue Forecast
      • Table Total Iris Recognition Market: Revenue Forecast, Global, 2011-2019
    • Revenue Forecast Discussion
    • Pricing Trends Discussion
    • Pricing Trends and Forecast Discussion
    • Percent Revenue Forecast by Region
      • Table Total Iris Recognition Market: Percent Revenue Forecast by Region, Global, 2011-2019
    • Revenue Forecast by Region
      • Table Total Iris Recognition Market: Revenue Forecast by Region, Global, 2011-2019
    • Revenue Forecast Discussion by Region
    • Revenue Forecast by Vertical Market
      • Table Total Iris Recognition Market: Revenue Forecast by Vertical Market, Global, 2011-2019
    • Revenue Forecast Discussion by Vertical Market
    • Revenue Forecast by Product
      • Table Total Iris Recognition Market: Revenue Forecast by Products, Global, 2011-2019
    • Percent Revenue Forecast Discussion by Product
  • Market Share and Competitive Analysis-Total Iris Recognition Market
    • Market Share Analysis
      • Table Total Iris Recognition Market: Company Market Ranking of Top 3 Participants, Global, 2014
    • Competitive Environment
    • Top Competitors
    • Product Highlights
    • Competitive Factors and Assessment
  • Mega Trends and Industry Convergence Implications
    • Market Overview-Impact of Mega Trends on the Iris Recognition Market
    • Mega Trend Impact
    • Urbanization-Mega Trend Explained
    • Connected Living-Mega Trend Explained
    • Cloud Computing-Mega Trend Explained
  • Government Segment Analysis
    • Government Segment Key Findings
    • Market Engineering Measurements
      • Table Government Segment: Market Engineering Measurements, Global, 2014
    • Revenue Forecast
      • Table Government Segment: Revenue Forecast, Global, 2011-2019
    • Revenue Forecast Discussion
  • Commercial Segment Analysis
    • Commercial Segment Key Findings
    • Market Engineering Measurements
      • Table Commercial Segment: Market Engineering Measurements, Global, 2014
    • Revenue Forecast
      • Table Commercial Segment: Revenue Forecast, Global, 2011-2019
    • Revenue Forecast Discussion
  • North American Analysis
    • North America-Key Findings
    • North America-Revenue Forecast
      • Table Iris Recognition Market: Revenue Forecast, North America, 2011-2019
    • North America-Revenue Forecast Discussion
  • Latin American Analysis
    • Latin America-Key Findings
    • Latin America-Revenue Forecast
      • Table Iris Recognition Market: Revenue Forecast, Latin America, 2011-2019
    • Latin America-Revenue Forecast Discussion
  • EMEA Analysis
    • EMEA-Key Findings
    • EMEA-Revenue Forecast
      • Table Iris Recognition Market: Revenue Forecast, EMEA, 2011-2019
    • EMEA-Revenue Forecast Discussion
  • APAC Analysis
    • APAC-Key Findings
    • APAC-Revenue Forecast
      • Table Iris Recognition Market: Revenue Forecast, APAC, 2011-2019
    • APAC-Revenue Forecast Discussion
  • The Last Word
    • The Last Word-3 Big Predictions
  • Appendix
    • Market Engineering Methodology
    • Additional Sources of Information on Biometrics
    • Partial List of Companies Interviewed

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