IRIS RECOGNITION MARKET ANALYSIS

Regional Analysis

Global Iris Recognition Market: Regional Insights

North America is expected to witness significant growth in the global iris recognition market over the forecast period. This is attributed to rise in data breaches in the region leading to adoption of biometrics in various industries to get another layer of security for users. Moreover, government bodies in the regions are implementing iris scanning devices, which is also driving growth of the regional market. For instance, The Federal Bureau of Investigation (FBI) has partnered with state, local, federal and tribal agencies for collaborative development of programs such as the Next Generation Identification (NGI) systems and the National Crime Information Center (NCIC).

Moreover, Asia Pacific is expected to witness robust growth in the global iris recognition market over the forecast period due to end-user industries such as healthcare and BFSI implementing strict regulations for ensuring the safety of their sensitive customer data with the use of new technology. Moreover, rise in government and private corporation initiatives towards adoption of biometric authentication systems in the region is driving growth of the market in Asia Pacific.

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa