Global Iris Recognition Market (2021 to 2026) - Industry Trends, Share, Size, Growth, Opportunity and Forecasts
DUBLIN, July 13, 2021 /PRNewswire/ -- The "Iris Recognition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global iris recognition market exhibited strong growth during 2015-2020. Despite genetic similarities, irises of different individuals are structurally distinct and unique, which allows them to be used for recognition, identification and authentication purposes. Iris recognition, also known as iris scanning, is a method used for identifying individuals based on the unique pattern of their iris.
The process utilizes visible and near-infrared light to capture a high-contrast image of the iris. The technology combines computer vision, pattern recognition, statistical inference and optics. This form of biometric system helps law enforcement officers to compare iris images of a suspect with an existing database. Also, several countries across the globe are implementing these systems in airports, points of entry or exit and other authoritative premises to reduce security breach incidences. Looking forward, the publisher expects the global iris recognition market to grow at a CAGR of 23% during 2021-2026.
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