Gen Consulting Company predicts that the global iris recognition market is estimated to touch a valuation of USD 6,729 million, registering a CAGR of 14% during the forecast period (2022-2028).

This industry report offers market estimates of the global market, followed by a detailed analysis of the component, end user, and region. The global market data on iris recognition can be segmented by component: hardware, software and services. According to the research, the hardware segment had the largest share in the global iris recognition market. Iris recognition market is further segmented by end user: consumer electronics, healthcare, financial, government, others. In 2021, the government segment made up the largest share of revenue generated by the iris recognition market. Based on region, the iris recognition market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Among these, North America was accounted for the highest revenue generator in 2021.

Key companies profiled in the report include Aware Inc., Gemalto N.V., HID Global Corporation (Assa Abloy AB), IDEMIA Group S.A.S., Iris ID Inc., NEC Corporation.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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