The Global Market for Iris Biometrics is Projected to Reach US$5.2 Billion by 2024
Expanding Applications for User Authentication to Drive the Global Market for Iris Biometrics, According to a New Report by Global Industry Analysts, Inc. GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size, and demand forecasts on the global Iris Biometrics. The global market for Iris Biometrics is projected to reach US$5.2 billion by 2024 , driven by the growing use of the technology in establishing user authentication in a broad range of applications including immigration, travel security and physical access control. Iris biometrics is a biometric method of identifying, verifying and validating individuals by analyzing the unique random colored patterns of their iris. The growth in the iris biometrics market is driven by strong adoption of the technology in immigration and travel security and in physical access control applications. The technology has emerged as a preferred choice in several applications supported by it...