The Key Players in Global Iris Recognition Market 2016-2020, According to a New Study on ASDReports

Friday 5 February 2016, Amsterdam

The report, now available on ASDReports, recognizes the following companies as the key players in the Global Iris Recognition Market: 3M Cogent, BioEnable, Crossmatch Technologies, Iris ID and IRITECH.

Other Prominent Vendors in the market are: 4G Identity Solutions, Aditech, BI Technologies, Biomatiques Identification Solution, Easy Clocking, EyeLock, IrisGuard, M2SYS Technology, Smart Sensors, and SRI International.

Commenting on the report, an analyst said: “Iris recognition combined with facial and fingerprint identification is more widely accepted for border control. Some multimodal biometrics are available with both fingerprint and iris recognition technology in a single device, which allows the user to avoid purchasing two individual biometrics devices.”

According to the report, one of the primary drivers of the market is the integration of iris scanners in smartphones. A number of smartphone vendors such as Samsung and LG are planning to integrate iris scanners in their smartphones to enhance the security features of the devices.

Further, the report states that the high cost of iris recognition systems is a challenge to the market growth.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.