The growing use of the technology in establishing user authentication in a broad range of applications including immigration, travel security and physical access control. Long term growth in the market will be driven by the successful use of the technology in healthcare, national ID programs, banking & financial services, and system & network access control. In addition, growing number of online transactions for e-commerce activity also emerges as a strong opportunity indicator for iris biometrics.
The Iris Biometrics System Market to Grow steadily at a CAGR of +21% during the forecast period.
The market research report helps analyze the Iris Biometrics System market on a global basis and also offers forecast and statistics in terms of revenue for the anticipated forecast period. This research study offers a detailed overview of the market dynamics that are expected to affect the overall industry in the coming few years.
In addition, the study explains the impact of the key factors on the development and growth of the global Iris Biometrics System market through the forecast period.
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Companies Profiled in this report includes, 3M Cogent, Aditech Ltd., Anviz Global, Inc., BioEnable Technologies Pvt. Ltd, EyeLock Corp., Iris ID Systems, Inc, IrisGuard Inc., SAFRAN Group, SRI International, Terrain Biometrics.
A number of smartphone vendors such as Samsung and LG are planning to integrate iris scanners in their smartphones to enhance the security features of the devices. The demand for contactless biometrics is increasing the demand for iris recognition system as it is hygienic compared to fingerprint recognition systems and is an important growth driver for the market.
The high cost of iris recognition systems is a challenge to the market growth. Fingerprint recognition systems and facial recognition systems are cost-effective when compared to iris recognition systems.
This is affecting the demand for iris recognition system.
The global iris recognition market is highly fragmented because of the presence of numerous small and large vendors. The providers in the market compete on the basis of price, quality, innovation, service, reputation, distribution, and promotion.
The high vendor competition has led to an increased number of mergers and acquisitions in the iris recognition market.
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Most important data include the key recommendations and predictions by our analysts, intended to steer a strategic business decision. The company profiles section of this research service is a compilation of the growth strategies, financial status, product portfolio, and recent developments of key market participants.
The report provides detailed industry analysis of the global Iris Biometrics System market with the help of proven research methodologies such as Porter’s five forces.
The global order management software market is segmented on the basis of type, application, and region. Based on type, it is bifurcated into on-premise OMS and cloud inventory OMS.
The applications included in the report are supermarket, distributors, restaurant, and others. Based on region, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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Table of Contents
Global Iris Biometrics System Market Research Report 2017
Chapter 1 Global Iris Biometrics System Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Market Forecast
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