Market Highlights: Iris detector refer to a tool used for biometric identification of an individual. Iris pattern are stable hence provide more accuracy rate as compare to other time consuming biometric traits. Increasing applications of iris detector in various industry verticals such as consumer electronics, banking and finance. Further, Rising Government initiative for safety and security of travel and immigration process and adoption of iris detectors in automated tailor machine and mobile devices creating lucrative opportunities for the iris detector market. The market study is being classified by Type (Smartphone, Smartwatch, Tablet & Notebook, PC/Laptop, Scanner and Others), by Application (Access Control, Time Monitor and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Iris Detector are Safran (France), Cross Match Technologies Inc. (United States), Iris ID, Inc. (United States), Iritech, Inc. (United States), SRI International (United States), Eye Lock (United States), Bioenable Technologies (India), Smartmatic (United States), Irisguard Inc. (United Kingdom), Crossmatch Technologies (United States), M2SYS Technology (United States), Eye smart Technology (China) and Eye Verify Inc. (United States).
25 February 2018, Samsung introduced iris unlock feature in Samsung S9 and S9+ after their flagship phone S8.
Key Questions Answered in the Report What will the Iris Detector Market size and the growth rate be in Future? What are the key factors driving the Iris Detector Market? What are the key market trends and macro-economic impacting the growth of the Iris Detector Market? What are the challenges to market growth? Who are the key vendors in the Iris Detector Market? What are the market opportunities and threats faced by the vendors in the Iris Detector Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Iris Detector Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Iris Detector market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Iris Detector market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Iris Detector Manufacturer, Business Entities, Government Bodies, Research centers and consulting Firms and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.