Frost & Sullivan publish report on global iris recognition market for 2015-2019

May 21, 2015 - 

Research firm Frost & Sullivan has published the “5-year Opportunity Analysis of the Global Iris Recognition Market” report for 2015-2019.

The 90-page report analyzes trends in the global iris recognition market across the government and commercial sectors over the five-year period.

The 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, which will provide key market participants with important business intelligence to help them accelerate growth in a fast-paced market.

Price is not currently a major competitive factor, while performance and reliability are crucial to the success of iris solutions.

These factors can result in the success or failure in the adoption of iris biometrics across applications, according to the report.

The report also looks at the various applications of iris biometric technologies, including wearable biometrics, smartphones, and automotive (commercial and domestic vehicles).

The report covers a number of key topics regarding the global iris recognition market, including drivers and restraints, forecast and trends, market share and competitive analysis, mega trends and industry convergence implications, government segment analysis, commercial segment analysis, and a detailed analysis of the four vertical regions (North America, Latin American, EMEA, APAC).

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About Justin Lee

Justin Lee has been a contributor with Biometric Update since 2014. Previously, he was a staff writer for web hosting magazine and website, theWHIR. For more than a decade, Justin has written for various publications on issues relating to technology, arts and culture, and entertainment. Follow him on Twitter @BiometricJustin.