Global Iris Recognition Market Research Report 2023

Iris recognition technology is based on the iris in the eyes for identification, applied to security equipment (such as access control), and places with high confidentiality requirements.

The global Iris Recognition market was valued at US$ 2222.6 million in 2022 and is anticipated to reach US$ 3430.2 million by 2029, witnessing a CAGR of 7.5% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The iris recognition market is expected to grow at a rapid pace in most of the regions in the world due to growing concerns of every country towards the safety and security of citizens and the focus of players for incorporating the technology in various application areas such as government, military & defense, healthcare, banking & finance, consumer electronics, travel & immigration, and so on.

This report aims to provide a comprehensive presentation of the global market for Iris Recognition, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Iris Recognition.

The Iris Recognition market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Iris Recognition market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Iris Recognition companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Iris Recognition Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Hardware

1.2.3 Software

1.3 Market by Application

1.3.1 Global Iris Recognition Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Military, defense

1.3.3 medical

1.3.4 Banking, finance

1.3.5 Consumer electronics

1.3.6 Administration of travel and national entry and exit

1.3.7 The car

1.3.8 Other

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Iris Recognition Market Perspective (2018-2029)

2.2 Iris Recognition Growth Trends by Region

2.2.1 Global Iris Recognition Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Iris Recognition Historic Market Size by Region (2018-2023)

2.2.3 Iris Recognition Forecasted Market Size by Region (2024-2029)

2.3 Iris Recognition Market Dynamics

2.3.1 Iris Recognition Industry Trends

2.3.2 Iris Recognition Market Drivers

2.3.3 Iris Recognition Market Challenges

2.3.4 Iris Recognition Market Restraints

3.1 Global Top Iris Recognition Players by Revenue

3.1.1 Global Top Iris Recognition Players by Revenue (2018-2023)

3.1.2 Global Iris Recognition Revenue Market Share by Players (2018-2023)

3.2 Global Iris Recognition Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Iris Recognition Revenue

3.4 Global Iris Recognition Market Concentration Ratio

3.4.1 Global Iris Recognition Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Iris Recognition Revenue in 2022

3.5 Iris Recognition Key Players Head office and Area Served

3.6 Key Players Iris Recognition Product Solution and Service

3.7 Date of Enter into Iris Recognition Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Iris Recognition Historic Market Size by Type (2018-2023)

4.2 Global Iris Recognition Forecasted Market Size by Type (2024-2029)

5.1 Global Iris Recognition Historic Market Size by Application (2018-2023)

5.2 Global Iris Recognition Forecasted Market Size by Application (2024-2029)

6.1 North America Iris Recognition Market Size (2018-2029)

6.2 North America Iris Recognition Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Iris Recognition Market Size by Country (2018-2023)

6.4 North America Iris Recognition Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Iris Recognition Market Size (2018-2029)

7.2 Europe Iris Recognition Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Iris Recognition Market Size by Country (2018-2023)

7.4 Europe Iris Recognition Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Iris Recognition Market Size (2018-2029)

8.2 Asia-Pacific Iris Recognition Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Iris Recognition Market Size by Region (2018-2023)

8.4 Asia-Pacific Iris Recognition Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Iris Recognition Market Size (2018-2029)

9.2 Latin America Iris Recognition Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Iris Recognition Market Size by Country (2018-2023)

9.4 Latin America Iris Recognition Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Iris Recognition Market Size (2018-2029)

10.2 Middle East & Africa Iris Recognition Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Iris Recognition Market Size by Country (2018-2023)

10.4 Middle East & Africa Iris Recognition Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 3M

11.1.1 3M Company Detail

11.1.2 3M Business Overview

11.1.3 3M Iris Recognition Introduction

11.1.4 3M Revenue in Iris Recognition Business (2018-2023)

11.1.5 3M Recent Development

11.2 IRIS ID

11.2.1 IRIS ID Company Detail

11.2.2 IRIS ID Business Overview

11.2.3 IRIS ID Iris Recognition Introduction

11.2.4 IRIS ID Revenue in Iris Recognition Business (2018-2023)

11.2.5 IRIS ID Recent Development

11.3 IRITECH

11.3.1 IRITECH Company Detail

11.3.2 IRITECH Business Overview

11.3.3 IRITECH Iris Recognition Introduction

11.3.4 IRITECH Revenue in Iris Recognition Business (2018-2023)

11.3.5 IRITECH Recent Development

11.4 BIOENABLE TECHNOLOGIES

11.4.1 BIOENABLE TECHNOLOGIES Company Detail

11.4.2 BIOENABLE TECHNOLOGIES Business Overview

11.4.3 BIOENABLE TECHNOLOGIES Iris Recognition Introduction

11.4.4 BIOENABLE TECHNOLOGIES Revenue in Iris Recognition Business (2018-2023)

11.4.5 BIOENABLE TECHNOLOGIES Recent Development

11.5 SRI INTERNATIONAL

11.5.1 SRI INTERNATIONAL Company Detail

11.5.2 SRI INTERNATIONAL Business Overview

11.5.3 SRI INTERNATIONAL Iris Recognition Introduction

11.5.4 SRI INTERNATIONAL Revenue in Iris Recognition Business (2018-2023)

11.5.5 SRI INTERNATIONAL Recent Development

11.6 SAFRAN

11.6.1 SAFRAN Company Detail

11.6.2 SAFRAN Business Overview

11.6.3 SAFRAN Iris Recognition Introduction

11.6.4 SAFRAN Revenue in Iris Recognition Business (2018-2023)

11.6.5 SAFRAN Recent Development

11.7 SMARTMATIC

11.7.1 SMARTMATIC Company Detail

11.7.2 SMARTMATIC Business Overview

11.7.3 SMARTMATIC Iris Recognition Introduction

11.7.4 SMARTMATIC Revenue in Iris Recognition Business (2018-2023)

11.7.5 SMARTMATIC Recent Development

11.8 IRISGUARD

11.8.1 IRISGUARD Company Detail

11.8.2 IRISGUARD Business Overview

11.8.3 IRISGUARD Iris Recognition Introduction

11.8.4 IRISGUARD Revenue in Iris Recognition Business (2018-2023)

11.8.5 IRISGUARD Recent Development

11.9 CROSSMATCH TECHNOLOGIES

11.9.1 CROSSMATCH TECHNOLOGIES Company Detail

11.9.2 CROSSMATCH TECHNOLOGIES Business Overview

11.9.3 CROSSMATCH TECHNOLOGIES Iris Recognition Introduction

11.9.4 CROSSMATCH TECHNOLOGIES Revenue in Iris Recognition Business (2018-2023)

11.9.5 CROSSMATCH TECHNOLOGIES Recent Development

11.10 EYELOCK

11.10.1 EYELOCK Company Detail

11.10.2 EYELOCK Business Overview

11.10.3 EYELOCK Iris Recognition Introduction

11.10.4 EYELOCK Revenue in Iris Recognition Business (2018-2023)

11.10.5 EYELOCK Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Iris Recognition Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Hardware

    Table 3. Key Players of Software

    Table 4. Global Iris Recognition Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 5. Global Iris Recognition Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Iris Recognition Market Size by Region (2018-2023) & (US$ Million)

    Table 7. Global Iris Recognition Market Share by Region (2018-2023)

    Table 8. Global Iris Recognition Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 9. Global Iris Recognition Market Share by Region (2024-2029)

    Table 10. Iris Recognition Market Trends

    Table 11. Iris Recognition Market Drivers

    Table 12. Iris Recognition Market Challenges

    Table 13. Iris Recognition Market Restraints

    Table 14. Global Iris Recognition Revenue by Players (2018-2023) & (US$ Million)

    Table 15. Global Iris Recognition Market Share by Players (2018-2023)

    Table 16. Global Top Iris Recognition Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Iris Recognition as of 2022)

    Table 17. Ranking of Global Top Iris Recognition Companies by Revenue (US$ Million) in 2022

    Table 18. Global 5 Largest Players Market Share by Iris Recognition Revenue (CR5 and HHI) & (2018-2023)

    Table 19. Key Players Headquarters and Area Served

    Table 20. Key Players Iris Recognition Product Solution and Service

    Table 21. Date of Enter into Iris Recognition Market

    Table 22. Mergers & Acquisitions, Expansion Plans

    Table 23. Global Iris Recognition Market Size by Type (2018-2023) & (US$ Million)

    Table 24. Global Iris Recognition Revenue Market Share by Type (2018-2023)

    Table 25. Global Iris Recognition Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 26. Global Iris Recognition Revenue Market Share by Type (2024-2029)

    Table 27. Global Iris Recognition Market Size by Application (2018-2023) & (US$ Million)

    Table 28. Global Iris Recognition Revenue Market Share by Application (2018-2023)

    Table 29. Global Iris Recognition Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 30. Global Iris Recognition Revenue Market Share by Application (2024-2029)

    Table 31. North America Iris Recognition Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 32. North America Iris Recognition Market Size by Country (2018-2023) & (US$ Million)

    Table 33. North America Iris Recognition Market Size by Country (2024-2029) & (US$ Million)

    Table 34. Europe Iris Recognition Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. Europe Iris Recognition Market Size by Country (2018-2023) & (US$ Million)

    Table 36. Europe Iris Recognition Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Asia-Pacific Iris Recognition Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Asia-Pacific Iris Recognition Market Size by Region (2018-2023) & (US$ Million)

    Table 39. Asia-Pacific Iris Recognition Market Size by Region (2024-2029) & (US$ Million)

    Table 40. Latin America Iris Recognition Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Latin America Iris Recognition Market Size by Country (2018-2023) & (US$ Million)

    Table 42. Latin America Iris Recognition Market Size by Country (2024-2029) & (US$ Million)

    Table 43. Middle East & Africa Iris Recognition Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Middle East & Africa Iris Recognition Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Middle East & Africa Iris Recognition Market Size by Country (2024-2029) & (US$ Million)

    Table 46. 3M Company Detail

    Table 47. 3M Business Overview

    Table 48. 3M Iris Recognition Product

    Table 49. 3M Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 50. 3M Recent Development

    Table 51. IRIS ID Company Detail

    Table 52. IRIS ID Business Overview

    Table 53. IRIS ID Iris Recognition Product

    Table 54. IRIS ID Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 55. IRIS ID Recent Development

    Table 56. IRITECH Company Detail

    Table 57. IRITECH Business Overview

    Table 58. IRITECH Iris Recognition Product

    Table 59. IRITECH Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 60. IRITECH Recent Development

    Table 61. BIOENABLE TECHNOLOGIES Company Detail

    Table 62. BIOENABLE TECHNOLOGIES Business Overview

    Table 63. BIOENABLE TECHNOLOGIES Iris Recognition Product

    Table 64. BIOENABLE TECHNOLOGIES Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 65. BIOENABLE TECHNOLOGIES Recent Development

    Table 66. SRI INTERNATIONAL Company Detail

    Table 67. SRI INTERNATIONAL Business Overview

    Table 68. SRI INTERNATIONAL Iris Recognition Product

    Table 69. SRI INTERNATIONAL Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 70. SRI INTERNATIONAL Recent Development

    Table 71. SAFRAN Company Detail

    Table 72. SAFRAN Business Overview

    Table 73. SAFRAN Iris Recognition Product

    Table 74. SAFRAN Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 75. SAFRAN Recent Development

    Table 76. SMARTMATIC Company Detail

    Table 77. SMARTMATIC Business Overview

    Table 78. SMARTMATIC Iris Recognition Product

    Table 79. SMARTMATIC Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 80. SMARTMATIC Recent Development

    Table 81. IRISGUARD Company Detail

    Table 82. IRISGUARD Business Overview

    Table 83. IRISGUARD Iris Recognition Product

    Table 84. IRISGUARD Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 85. IRISGUARD Recent Development

    Table 86. CROSSMATCH TECHNOLOGIES Company Detail

    Table 87. CROSSMATCH TECHNOLOGIES Business Overview

    Table 88. CROSSMATCH TECHNOLOGIES Iris Recognition Product

    Table 89. CROSSMATCH TECHNOLOGIES Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 90. CROSSMATCH TECHNOLOGIES Recent Development

    Table 91. EYELOCK Company Detail

    Table 92. EYELOCK Business Overview

    Table 93. EYELOCK Iris Recognition Product

    Table 94. EYELOCK Revenue in Iris Recognition Business (2018-2023) & (US$ Million)

    Table 95. EYELOCK Recent Development

    Table 96. Research Programs/Design for This Report

    Table 97. Key Data Information from Secondary Sources

    Table 98. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Iris Recognition Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Iris Recognition Market Share by Type: 2022 VS 2029

    Figure 3. Hardware Features

    Figure 4. Software Features

    Figure 5. Global Iris Recognition Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 6. Global Iris Recognition Market Share by Application: 2022 VS 2029

    Figure 7. Military, defense Case Studies

    Figure 8. medical Case Studies

    Figure 9. Banking, finance Case Studies

    Figure 10. Consumer electronics Case Studies

    Figure 11. Administration of travel and national entry and exit Case Studies

    Figure 12. The car Case Studies

    Figure 13. Other Case Studies

    Figure 14. Iris Recognition Report Years Considered

    Figure 15. Global Iris Recognition Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 16. Global Iris Recognition Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 17. Global Iris Recognition Market Share by Region: 2022 VS 2029

    Figure 18. Global Iris Recognition Market Share by Players in 2022

    Figure 19. Global Top Iris Recognition Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Iris Recognition as of 2022)

    Figure 20. The Top 10 and 5 Players Market Share by Iris Recognition Revenue in 2022

    Figure 21. North America Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. North America Iris Recognition Market Share by Country (2018-2029)

    Figure 23. United States Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 24. Canada Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Europe Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe Iris Recognition Market Share by Country (2018-2029)

    Figure 27. Germany Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. France Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. U.K. Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Italy Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Russia Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Nordic Countries Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Asia-Pacific Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific Iris Recognition Market Share by Region (2018-2029)

    Figure 35. China Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. Japan Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. South Korea Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Southeast Asia Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. India Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. Australia Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Latin America Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America Iris Recognition Market Share by Country (2018-2029)

    Figure 43. Mexico Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 44. Brazil Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Middle East & Africa Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa Iris Recognition Market Share by Country (2018-2029)

    Figure 47. Turkey Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 48. Saudi Arabia Iris Recognition Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. 3M Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 50. IRIS ID Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 51. IRITECH Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 52. BIOENABLE TECHNOLOGIES Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 53. SRI INTERNATIONAL Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 54. SAFRAN Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 55. SMARTMATIC Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 56. IRISGUARD Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 57. CROSSMATCH TECHNOLOGIES Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 58. EYELOCK Revenue Growth Rate in Iris Recognition Business (2018-2023)

    Figure 59. Bottom-up and Top-down Approaches for This Report

    Figure 60. Data Triangulation

    Figure 61. Key Executives Interviewed