Iris Recognition Market by Component - 2020 | MarketsandMarkets

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MarketsandMarkets Presents
Iris Recognition Market worth 3627.90 Million USD
by 2020
Iris Recognition Market by Component (Hardware
Software), Product (Scanner Others),
Application (Access Control Others), Industry
(Travel Immigration, Military Defense,
Others) Geography Global - Forecast to
2020
http//www.marketsandmarkets.com/Market-Reports/ir
is-recognition-market-141994093.html
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According to a new market research report "Iris
Recognition Market by Component (Hardware
Software), Product (Scanner Others),
Application (Access Control Others), Industry
(Travel Immigration, Military Defense,
Others) Geography Global - Forecast to
2020", the iris recognition market is expected to
reach USD 3627.90 Million by 2020, at a CAGR of
23.40 between 2015 and 2020. Browse 65
market data tables and 66 figures spread through
147 pages and in-depth TOC on Iris Recognition
Market - Forecast to 2020Early buyers will
receive 10 customization on this report.
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In todays world of information technology,
security for systems is becoming more and more
important. Moreover, occurrences of terrorist
attacks, cybercrimes, and other cross-border
illegal activities have led to the need of high
security systems. Iris recognition is one of the
accurate and secured technologies for identifying
a person by analyzing the random pattern of the
iris. It uses the camera technology with near
infrared illumination to capture high
resolution-based images of an iris which are
visible externally. The technology is accurate,
easy to use, and difficult to forge. The growth
of this market is propelled by applications in
government, military defense, banking
finance, consumer electronics, travel
immigration and so on. Currently, the worlds
leading OEMs from consumer electronics to
automotive are focused on incorporating the iris
recognition technology in their offerings. PDF
Brochure_at_ http//www.marketsandmarkets.com/pdfdown
load.asp?id141994093 In the report, a detailed
segmentation of the iris recognition market on
the basis of component, product, application,
industry, and geography has been provided, which
covers all existing and emerging technologies in
the market. The report also covers qualitative as
well as quantitative data related to the market
key insights.
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One of the objectives of the report has been to
analyze market trends for each of the iris
recognition market segments and their respective
growth rate. Apart from the market segmentation,
the report also covers in-depth analyses such as
the Porters five forces analysis and the value
chain analysis with a detailed process flow
diagram, and market dynamics such as drivers,
restraints, opportunities, and challenges for the
iris recognition market. Inquiry Before Buying _at_
http//www.marketsandmarkets.com/Enquiry_Before_Bu
ying.asp?id141994093 The market size for iris
recognition is included in the report by taking
four geographic regions into account, namely, the
Americas, Europe, Asia-Pacific, and Rest of the
World (RoW). The American region is estimated to
account for a large share of the iris recognition
market during the forecast period, followed by
Europe and Asia-Pacific. Moreover, the market in
Asia-Pacific is expected to grow at the highest
rate. Some of the major companies in the iris
recognition market include 3M Cogent Inc. (U.S.),
Safran (France), Cross Match Technologies Inc.
(U.S.), Iris ID, Inc. (U.S.), Iritech, Inc.
(U.S.), SRI International (U.S.), EyeLock (U.S.),
and so on.
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