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

The Asia Pacific Iris Recognition Market would 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.

Free Valuable Insights: The Worldwide Iris Recognition Market is Projected to reach USD 8.9 Billion by 2028, at a CAGR of 15.6%

The market research report covers the analysis of key stake holders 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

Market Segments Covered in the Report:

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.

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 Methodology for the research

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

TABLE 1 Asia Pacific Iris Recognition Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Iris Recognition Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Identity Management & Access Control Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Identity Management & Access Control Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Time Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Time Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific E-Payment Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific E-Payment Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Scanners Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Scanners Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Personal Computers/Laptops Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Personal Computers/Laptops Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Tablets & Notebooks Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Tablets & Notebooks Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Banking & Finance Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Banking & Finance Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Military & Defense Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Military & Defense Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Automotive Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Automotive Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Government Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Government Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Travel & Immigration Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Travel & Immigration Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Iris Recognition Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Iris Recognition Market by Country, 2022 - 2028, USD Million
TABLE 49 China Iris Recognition Market, 2018 - 2021, USD Million
TABLE 50 China Iris Recognition Market, 2022 - 2028, USD Million
TABLE 51 China Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 52 China Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 53 China Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 54 China Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 55 China Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 56 China Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 57 China Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 58 China Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Japan Iris Recognition Market, 2018 - 2021, USD Million
TABLE 60 Japan Iris Recognition Market, 2022 - 2028, USD Million
TABLE 61 Japan Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 62 Japan Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 63 Japan Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 64 Japan Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 65 Japan Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 66 Japan Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 67 Japan Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 68 Japan Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 69 India Iris Recognition Market, 2018 - 2021, USD Million
TABLE 70 India Iris Recognition Market, 2022 - 2028, USD Million
TABLE 71 India Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 72 India Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 73 India Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 74 India Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 75 India Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 76 India Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 77 India Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 78 India Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 79 South Korea Iris Recognition Market, 2018 - 2021, USD Million
TABLE 80 South Korea Iris Recognition Market, 2022 - 2028, USD Million
TABLE 81 South Korea Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 82 South Korea Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 83 South Korea Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 84 South Korea Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 85 South Korea Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 86 South Korea Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 87 South Korea Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 88 South Korea Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 89 Singapore Iris Recognition Market, 2018 - 2021, USD Million
TABLE 90 Singapore Iris Recognition Market, 2022 - 2028, USD Million
TABLE 91 Singapore Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 92 Singapore Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 93 Singapore Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 94 Singapore Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 95 Singapore Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 96 Singapore Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 97 Singapore Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 98 Singapore Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 99 Malaysia Iris Recognition Market, 2018 - 2021, USD Million
TABLE 100 Malaysia Iris Recognition Market, 2022 - 2028, USD Million
TABLE 101 Malaysia Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 102 Malaysia Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 103 Malaysia Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 104 Malaysia Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 105 Malaysia Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 106 Malaysia Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 107 Malaysia Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 108 Malaysia Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 109 Rest of Asia Pacific Iris Recognition Market, 2018 - 2021, USD Million
TABLE 110 Rest of Asia Pacific Iris Recognition Market, 2022 - 2028, USD Million
TABLE 111 Rest of Asia Pacific Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 112 Rest of Asia Pacific Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 113 Rest of Asia Pacific Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 114 Rest of Asia Pacific Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 115 Rest of Asia Pacific Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 116 Rest of Asia Pacific Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 117 Rest of Asia Pacific Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 118 Rest of Asia Pacific Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 119 key information – Thales Group S.A.
TABLE 120 KEY INFORMATION – NEC Corporation
TABLE 121 Key information – Aware, Inc.
TABLE 122 Key Information – Unisys Corporation
TABLE 123 Key Information – IDEMIA SAS
TABLE 124 Key Information – M2SYS Technology, Inc.
TABLE 125 Key Information – IrisGuard UK Limited
TABLE 126 Key Information – Iris ID, Inc.
TABLE 127 Key Information – Princeton Identity, Inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 Market Share Analysis, 2021