• ABOUT US
  • CONTACT US
  • SUBMIT NEWS
Thursday, March 23, 2023
Qatar News Club
  • Home
  • News
    • All
    • BUSINESS
    • Entertainment
    • FASHION
    • FOOD
    • HEALTH
    • LIFESTYLE
    • MIDDLE EAST
    • PRESS RELEASES
    • SPORTS
    • TRAVEL
    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

    BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

    Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

    Infusion Pump Market: Growing adoption of specialty infusion systems

    Infusion Pump Market: Growing adoption of specialty infusion systems

    Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

    Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

    Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

    Award Ceremony Celebrates Best in LGBTQ Culture and Media!

    Award Ceremony Celebrates Best in LGBTQ Culture and Media!

    Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period

    Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period

    Trending Tags

    • BUSINESS
    • Entertainment
    • FASHION
    • FOOD
    • HEALTH
    • LIFESTYLE
    • SPORTS
    • TRAVEL
    • MIDDLE EAST
    • PRESS RELEASES
    No Result
    View All Result
    • Home
    • News
      • All
      • BUSINESS
      • Entertainment
      • FASHION
      • FOOD
      • HEALTH
      • LIFESTYLE
      • MIDDLE EAST
      • PRESS RELEASES
      • SPORTS
      • TRAVEL
      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

      BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

      Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

      Infusion Pump Market: Growing adoption of specialty infusion systems

      Infusion Pump Market: Growing adoption of specialty infusion systems

      Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

      Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

      Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

      Award Ceremony Celebrates Best in LGBTQ Culture and Media!

      Award Ceremony Celebrates Best in LGBTQ Culture and Media!

      Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period

      Network Transformation Market expected to grow at a CAGR of 41.7 percent during the forecast period

      Trending Tags

      • BUSINESS
      • Entertainment
      • FASHION
      • FOOD
      • HEALTH
      • LIFESTYLE
      • SPORTS
      • TRAVEL
      • MIDDLE EAST
      • PRESS RELEASES
      No Result
      View All Result
      Qatar News Club
      Submit PR
      Home News PRESS RELEASES

      Iris Recognition Industry Worth $8.4 billion by 2027 at a CAGR of 15.4%

      Qatar NewsRoom by Qatar NewsRoom
      November 22, 2022
      in PRESS RELEASES
      Share on FacebookShare on Twitter


      (EMAILWIRE.COM, November 22, 2022 ) The report “Iris Recognition Market by Component (Hardware, and Software), Product (Smartphones, Scanners), Application (Identity Management and Access Control, Time Monitoring, E-payment), Vertical and Region – Global Forecast to 2027″ The iris recognition market is projected to grow from USD 3.7 billion in 2022 to USD 8.4 billion by 2027, registering a CAGR of 15.4% during the forecast period. The market growth is attributed to the increased use of iris recognition technology in the travel & immigration industry and the high demand for iris recognition from offices and commercial sectors. Furthermore, the rising adoption of iris recognition in the banking & finance industry to avoid fraudulent activities is expected to create lucrative opportunities for the market.

      Download PDF Brochure @

      https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=141994093

      Identity management & access control application accounted for larger share of iris recognition market in 2022.

      Identity management & access control application accounted for a larger share of the iris recognition market in 2022 and is expected to remain dominant throughout the forecast period. Iris recognition solutions are used in various verticals for identity management and access control applications. For example, in the banking & finance vertical, iris recognition systems are used by customers to access their bank accounts and employees to log in to their workstations. In the travel & immigration vertical, iris recognition systems prevent illegal immigrants from entering the country using fraudulent travel documents. In many airport terminals, these biometric systems are deployed to enhance the convenience, speed, and efficiency of border-crossing formalities for legitimate travelers. Many government organizations use iris recognition technology for identification and authentication purposes.

      Software component to lead iris recognition market during the forecast period.

      The software component is expected to hold higher opportunities than the hardware component between 2022 and 2027. The software component has been sub-segmented into iris recognition software & SDK, database, and analytics solution, among others. At present, iris recognition software & SDK account for a larger market share than hardware components, and a similar trend is likely to continue in the near future. Furthermore, the presence of various major players who offer this software, such as Iris Access, EyeLock LLC, Neurotechnology, and others, further drives the market growth.

      Asia Pacific market to offer significant opportunities during the forecast period.

      Asia Pacific is the leading market for iris recognition in the consumer electronics vertical, with major demand from China, India, and Japan. The region held the largest share of the iris recognition industry in 2021. China and India are key countries contributing to the market growth in Asia Pacific. North America expected to account for the second-largest share of the iris recognition market throughout the forecast period. The US and Canada are significant demand-generating countries for iris recognition devices in this region.

      Key players

      Key players in the iris recognition market include Thales (France), IDEMIA (France), HID Global Corporation (US), Iris ID, Inc. (US), IriTech, Inc. (US), IrisGuard Ltd. (UK), EyeLock LLC (US), NEC Corporation (Japan), Princeton Identity (US), and CMITech Company, Ltd. (Korea), among others.

      Ask for Sample Report @

      https://www.marketsandmarkets.com/requestsampleNew.asp?id=141994093

      About MarketsandMarkets™

      MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

      MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



      Source link

      Previous Post

      World Cup opening ceremony in Qatar

      Next Post

      Readers’ Letters: Wales and England show weakness in Qatar

      Next Post

      Readers' Letters: Wales and England show weakness in Qatar

      Collaborating for better global health: New Tripartite Operational Tools

      September 21, 2022

      Time to make neglected area of mental health ‘a global priority’, urges Guterres |

      October 10, 2022

      Ministry of Public Health warns against possible E. coli contaminated leafy vegetables

      September 19, 2022
      Flow Cytometry Market worth $6.9 billion by 2027

      Flow Cytometry Market worth $6.9 billion by 2027

      December 9, 2022
      Water Blocking Tapes Market Incredible Possibilities, Growth Analysis and Forecast To 2027

      Water Blocking Tapes Market Incredible Possibilities, Growth Analysis and Forecast To 2027

      March 15, 2023

      Medical Waste Management Market Increasing Volume Of Medical Waste Globally

      September 29, 2022

      Qatar researchers at forefront of personalised treatment for breast cancer

      August 13, 2022

      The seven-day-a-week life of a maid for Qatar's royal and rich – BBC

      December 10, 2022

      World Heart Day: Qatar residents take steps to raise money for underprivileged children – Doha News

      September 29, 2022

      HMC establishes first of its kind survivorship programme in the region

      October 20, 2022

      DFC partners PHCC for breast cancer awareness campaign

      October 23, 2022

      After shocking death of soccer writer Grant Wahl in Qatar, here’s how to honor his life

      December 11, 2022

      Insect Protein Market Worth $9.46 Billion by 2030— Exclusive Report by Meticulous Research®

      August 13, 2022

      World Cup: Qatar confirms Covid-19 test requirements for Ghana fans – Ghanasoccernet.com

      October 4, 2022

      qatar: Qatar drops coronavirus restrictions just before World Cup

      November 6, 2022

      Winter in Qatar: Here’s a list of events to keep you entertained this season – Doha News

      January 28, 2023

      about us

      QATARNEWS.Club™ publishes and aggregates business, cultural, socio-economic, Tech and industrial news on UAE, Middle East and North Africa (MENA).

      Press release distribution services
      We provide press release distribution to media in Qatar, the Arab world and the GCC/MENA regions. Submit a press release today or contact us.

      Categories

      BUSINESS

      ENTERTAINMENT

      FASHION

      FOOD

      HEALTH

      LIFESTYLE

      SPORTS

      TRAVEL

      MIDDLE EAST

      PRESS RELEASES

      recent news

      Recent Posts
      • Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.
      • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
      • Electrolyzers Market worth $23.6 Billion by 2028
      • Air Motor Market expected to hit USD 1.08 Bn by 2029 during the forecast period

      Join QatarNews.Club™

        QatarNews.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

        About Us / Submit News / Contact Us

        No Result
        View All Result
        • Home
        • News
          • FASHION
          • FOOD
          • HEALTH
          • LIFESTYLE
          • MIDDLE EAST
          • PRESS RELEASES
          • TRAVEL
        • SUBMIT NEWS
        • ABOUT US
        • CONTACT US

        QatarNews.Club™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC