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Asia Pacific Iris Recognition Market Size, Share & Industry Trends Analysis Report By Application, By Product (Scanners, Smartphones, Personal Computers/Laptops, Tablets & Notebooks), By Component, By Vertical, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 95 Pages
  • November 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5709595
The Asia Pacific Iris Recognition Market should witness market growth of 15.9% CAGR during the forecast period (2022-2028).

A further element that is projected to promote the target market's growth is the increasing adoption of e-passports. Additionally, because this technology is more precise and error-free, it is considered more secure. The iris' patterns are distinctive and consistent, therefore there aren't any signs of inaccuracy, making it a secure security mechanism.

The usage of this technology in various industries, such as automated teller machines, pharmaceutical dispensing, and mobile devices, has increased its demand on the international market. Iris scanning cameras can be carried about and fixed on walls or other surfaces. Additionally, iris scan data and information can be represented numerically and kept in databases for record-keeping purposes.

As a result, Iris recognition is widely used in workplaces, labs, institutions, and banks for employee identity and building security. Additionally, iris recognition systems are beginning to take the place of PINs, token cards, passwords, or PINs in the market due to increasing research activities, increased security concerns, and consumer desire for powerful authentication methods.

Currently, the nation is working on projects involving the construction of roadways, ports, airports, and trains. This is probably going to increase demand for sophisticated security measures, such biometric systems, and propel the expansion of the Chinese iris recognition market. Furthermore, the South Korean government declared a USD 451 billion investment in local semiconductor industry in May 2021. Through tax breaks, cheaper interest rates, beneficial laws, corporate investments, and support programmes, the government will help the businesses.

The China market dominated the Asia Pacific Iris Recognition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $942.8 million by 2028. The Japan market is estimated to grow a CAGR of 15.2% during (2022-2028). Additionally, The India market would experience a CAGR of 16.7% during (2022-2028).

Based on Application, the market is segmented into Identity Management & Access Control, Time Monitoring and E-Payment. Based on Product, the market is segmented into Scanners, Smartphones, Personal Computers/Laptops, Tablets & Notebooks and Others. Based on Component, the market is segmented into Software and Hardware. Based on Vertical, the market is segmented into Banking & Finance, Consumer Electronics, Military & Defense, Automotive, Government, Travel & Immigration, Healthcare and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Thales Group S.A., IDEMIA SAS (Advent International, Inc.), NEC Corporation, Aware, Inc., M2SYS Technology, Inc., Unisys Corporation, IrisGuard Ltd., Iris ID, Inc, and Princeton Identity, Inc.

Scope of the Study

By Application

  • Identity Management & Access Control
  • Time Monitoring
  • E-Payment

By Product

  • Scanners
  • Smartphones
  • Personal Computers/Laptops
  • Tablets & Notebooks
  • Others

By Component

  • Software
  • Hardware

By Vertical

  • Banking & Finance
  • Consumer Electronics
  • Military & Defense
  • Automotive
  • Government
  • Travel & Immigration
  • Healthcare
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • Thales Group S.A.
  • IDEMIA SAS (Advent International, Inc.)
  • NEC Corporation
  • Aware, Inc.
  • M2SYS Technology, Inc.
  • Unisys Corporation
  • IrisGuard Ltd.
  • Iris ID, Inc
  • Princeton Identity, Inc.

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Iris Recognition Market, by Application
1.4.2 Asia Pacific Iris Recognition Market, by Product
1.4.3 Asia Pacific Iris Recognition Market, by Component
1.4.4 Asia Pacific Iris Recognition Market, by Vertical
1.4.5 Asia Pacific Iris Recognition Market, by Country
1.5 Research Methodology
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Market Share Analysis, 2021
Chapter 4. Asia Pacific Iris Recognition Market by Application
4.1 Asia Pacific Identity Management & Access Control Market by Country
4.2 Asia Pacific Time Monitoring Market by Country
4.3 Asia Pacific E-Payment Market by Country
Chapter 5. Asia Pacific Iris Recognition Market by Product
5.1 Asia Pacific Scanners Market by Country
5.2 Asia Pacific Smartphones Market by Country
5.3 Asia Pacific Personal Computers/Laptops Market by Country
5.4 Asia Pacific Tablets & Notebooks Market by Country
5.5 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Iris Recognition Market by Component
6.1 Asia Pacific Software Market by Country
6.2 Asia Pacific Hardware Market by Country
Chapter 7. Asia Pacific Iris Recognition Market by Vertical
7.1 Asia Pacific Banking & Finance Market by Country
7.2 Asia Pacific Consumer Electronics Market by Country
7.3 Asia Pacific Military & Defense Market by Country
7.4 Asia Pacific Automotive Market by Country
7.5 Asia Pacific Government Market by Country
7.6 Asia Pacific Travel & Immigration Market by Country
7.7 Asia Pacific Healthcare Market by Country
7.8 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Iris Recognition Market by Country
8.1 China Iris Recognition Market
8.1.1 China Iris Recognition Market by Application
8.1.2 China Iris Recognition Market by Product
8.1.3 China Iris Recognition Market by Component
8.1.4 China Iris Recognition Market by Vertical
8.2 Japan Iris Recognition Market
8.2.1 Japan Iris Recognition Market by Application
8.2.2 Japan Iris Recognition Market by Product
8.2.3 Japan Iris Recognition Market by Component
8.2.4 Japan Iris Recognition Market by Vertical
8.3 India Iris Recognition Market
8.3.1 India Iris Recognition Market by Application
8.3.2 India Iris Recognition Market by Product
8.3.3 India Iris Recognition Market by Component
8.3.4 India Iris Recognition Market by Vertical
8.4 South Korea Iris Recognition Market
8.4.1 South Korea Iris Recognition Market by Application
8.4.2 South Korea Iris Recognition Market by Product
8.4.3 South Korea Iris Recognition Market by Component
8.4.4 South Korea Iris Recognition Market by Vertical
8.5 Singapore Iris Recognition Market
8.5.1 Singapore Iris Recognition Market by Application
8.5.2 Singapore Iris Recognition Market by Product
8.5.3 Singapore Iris Recognition Market by Component
8.5.4 Singapore Iris Recognition Market by Vertical
8.6 Malaysia Iris Recognition Market
8.6.1 Malaysia Iris Recognition Market by Application
8.6.2 Malaysia Iris Recognition Market by Product
8.6.3 Malaysia Iris Recognition Market by Component
8.6.4 Malaysia Iris Recognition Market by Vertical
8.7 Rest of Asia Pacific Iris Recognition Market
8.7.1 Rest of Asia Pacific Iris Recognition Market by Application
8.7.2 Rest of Asia Pacific Iris Recognition Market by Product
8.7.3 Rest of Asia Pacific Iris Recognition Market by Component
8.7.4 Rest of Asia Pacific Iris Recognition Market by Vertical
Chapter 9. Company Profiles
9.1 Thales Group S.A.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research and Development Expense
9.2 NEC Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.3 Aware, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expense
9.4 Unisys Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent Strategies and Developments
9.4.5.1 Product Launches and Product Expansions
9.5 IDEMIA SAS (Advent International, Inc.)
9.5.1 Company Overview
9.6 M2SYS Technology, Inc.
9.6.1 Company Overview
9.7 IrisGuard UK Limited
9.7.1 Company Overview
9.8 Iris ID, Inc.
9.8.1 Company Overview
9.8.2 Recent Strategies and Developments
9.8.2.1 Partnerships, Collaborations, and Agreements
9.9 Princeton Identity, Inc.
9.9.1 Company Overview

Companies Mentioned

  • Thales Group S.A.
  • IDEMIA SAS (Advent International, Inc.)
  • NEC Corporation
  • Aware, Inc.
  • M2SYS Technology, Inc.
  • Unisys Corporation
  • IrisGuard Ltd.
  • Iris ID, Inc
  • Princeton Identity, Inc.

Methodology

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