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Over $ 2 Bn growth expected in Iris Recognition Market during 2020-2024 | TechnavioNEW YORK, Aug. 4, 2021 /PRNewswire/ -- Set to grow by USD 2.08 billion during 2020-2024, Technavio's latest market research report estimates the iris recognition market to register a CAGR of over 23%. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Download Free Sample Report for More Insights The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aware Inc., EyeLock LLC, Honeywell International Inc., Iris ID Systems Inc., IrisGuard UK Ltd., IRITECH INC., M2SYS Technology, Safran SA, Thales Group, and BioEnable Technologies Pvt. Ltd. are some of the major market participants. Although the growing need to reduce identity duplication will offer immense growth opportunities, to leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Iris Recognition Market 2020-2024: Segmentation Iris Recognition Market is segmented as below:
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43081 Iris Recognition Market 2020-2024: Vendor Analysis and Scope Some of the major vendors of the iris recognition market in the communications equipment industry include Aware Inc., EyeLock LLC, Honeywell International Inc., Iris ID Systems Inc., IrisGuard UK Ltd., IRITECH INC., M2SYS Technology, Safran SA, Thales Group, and BioEnable Technologies Pvt. Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. The report also covers the following areas:
The iris recognition market is fragmented, and the degree of fragmentation will accelerate. The increased adoption of iris recognition in the government sector will offer immense growth opportunities. However, the vulnerability of biometrics systems will hamper market growth./p>
Technavio's SUBSCRIPTION platform Backed with competitive intelligence and benchmarking, our research report on the iris recognition market is designed to provide entry support, customer profile & M&As as well as go-to-market strategy support. Related Reports on Information Technology Include: Global Gait Biometrics Market - Global gait biometrics market is segmented by end-user (healthcare, sports, and others) and geography (APAC, Europe, MEA, North America, and South America). Iris Recognition Market 2020-2024: Key Highlights
Table of Contents: Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research
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