Iris biometric is an automated method used for the
identification that uses mathematical pattern-recognition techniques on video
images of one or both of the irises of an individual's eye, whose complex
random patterns are unique, stable, and can be noticed from a certain distance.
Iris recognition systems capture images of an iris while it is been illuminated
by the light in the near infrared wavelength band (700 to 900 nm) of the
electromagnetic spectrum. In the iris biometric system, a template that is
created by imaging an iris is compared with stored template in the database for
the purpose of identification or verification. Different methods used for
comparison process are one-to-one template matching and one-to-many template
matching.
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Newer technology advancements and growing use in
surveillance, access, and identity applications is the major factor driving the
growth of the global iris biometric market. Constant use of this technology in
national ID programs, healthcare, banking and financial services, and system
and network access control is also anticipated to impact the growth of the
market in a positive way in the near future. In addition, smart phone
manufactures are showing great interest in using iris biometric technique for
the improvement of safety standards. In addition, national security agencies
are also using the iris scanning technology for the purpose of verifying the
identity of the immigrating people from other countries. On the other hand,
lack of appropriate standards and high costs may hamper the growth of the
global iris biometric market in future.
On the basis of components, the global iris biometric market
is segmented as hardware components and software components. Based on the
product, the global market is further segmented as smartphones, tablets and
notebooks, smart watches, PCs and laptops, scanners, and others. On the basis
of application, the global iris recognition market is segmented as access
control and time monitoring. Further based on the end-use industry, the global
market is segmented as government, military and defense, banking and finance,
healthcare, consumer electronics, automotive, and travel and immigration. Out
of these, the government segment accounted for the largest share of the market.
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Europe dominates the global iris biometric market followed
by North America owing to its high demand in the region. Asia Pacific is
anticipated to witness the fastest growth followed by Middle East. Owing to the
services such as access control, national identity, time and attendance
monitor, and public safety provided by this technique, the iris biometric
market is expected to experience high growth in the future.
Major players dominating the global iris biometric market
are Smartmatic, MorphoTrak, Smart Sensors Ltd., Anviz Global, SRI
International, and Iris ID Inc. Other players influencing the global market are
BioEnable Technologies Pvt. Ltd., Aditech Ltd., IrisGuard Inc., Human Reco
Systems, AOptix Technologies Inc., and EyeLock Corp.
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Iris Biometric Market: Regional Segment Analysis
·
North America
o
U.S.
·
Europe
o
UK
o
France
o
Germany
·
Asia Pacific
o
China
o
Japan
o
India
·
Latin America
o
Brazil
·
Middle East and Africa
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