LAMEA 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 Latin America, Middle East and Africa Iris Recognition Market would witness market growth of 18.0% CAGR during the forecast period (2022-2028).

Modern cloud security urgently needs to develop precise, safe, and affordable replacements for passwords and Cloud verification numbers (PIN), since monetary losses from computer-based fraud, such as identity theft and hacking, rapidly rise year over year. These basic issues are handled by the Cloud Iris Verification System (CIVS), as each person's biometric data is unique and cannot be shared.

An automated way of identifying a person or confirming their identity based on a physiological or behavioural feature is known as biometrics. Physiological traits include hand and finger images, face features, and the ability to recognise an iris. In addition, it is possible to learn or acquire certain behavioural tendencies.

Examples of behavioural traits include speaker verification, dynamic signature verification, and keystroke dynamics. CIVS uses hardware to collect biometric data, while software is used to operate and maintain the system. The system typically converts these measurements into a mathematical, computer-readable representation. A user's first biometric profile, often referred to as a pattern, is created and maintained in a database.

The epidemic has changed how people travel and has elevated the airport environment's importance. Given the additional requirement to verify health qualifications and vaccination statuses, border control agents are most likely to spend more time reviewing traveller data as travel restrictions loosen. While biometric identification management solutions have improved things by allowing border gate officials to check travellers' identities more quickly, the industry still calls for constant advancements. Governments in the Middle East are focusing on contactless travel experiences, and airport biometric authentication has already undergone advancements.

The Brazil market dominated the LAMEA Iris Recognition Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $126.8 million by 2028. The Argentina market is experiencing a CAGR of 18.6% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 17.7% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Global Iris Recognition Market is Predict to reach $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

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

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 LAMEA Iris Recognition Market, by Application
1.4.2 LAMEA Iris Recognition Market, by Product
1.4.3 LAMEA Iris Recognition Market, by Component
1.4.4 LAMEA Iris Recognition Market, by Vertical
1.4.5 LAMEA 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. LAMEA Iris Recognition Market by Application
4.1 LAMEA Identity Management & Access Control Market by Country
4.2 LAMEA Time Monitoring Market by Country
4.3 LAMEA E-Payment Market by Country

Chapter 5. LAMEA Iris Recognition Market by Product
5.1 LAMEA Scanners Market by Country
5.2 LAMEA Smartphones Market by Country
5.3 LAMEA Personal Computers/Laptops Market by Country
5.4 LAMEA Tablets & Notebooks Market by Country
5.5 LAMEA Others Market by Country

Chapter 6. LAMEA Iris Recognition Market by Component
6.1 LAMEA Software Market by Country
6.2 LAMEA Hardware Market by Country

Chapter 7. LAMEA Iris Recognition Market by Vertical
7.1 LAMEA Banking & Finance Market by Country
7.2 LAMEA Consumer Electronics Market by Country
7.3 LAMEA Military & Defense Market by Country
7.4 LAMEA Automotive Market by Country
7.5 LAMEA Government Market by Country
7.6 LAMEA Travel & Immigration Market by Country
7.7 LAMEA Healthcare Market by Country
7.8 LAMEA Others Market by Country

Chapter 8. LAMEA Iris Recognition Market by Country
8.1 Brazil Iris Recognition Market
8.1.1 Brazil Iris Recognition Market by Application
8.1.2 Brazil Iris Recognition Market by Product
8.1.3 Brazil Iris Recognition Market by Component
8.1.4 Brazil Iris Recognition Market by Vertical
8.2 Argentina Iris Recognition Market
8.2.1 Argentina Iris Recognition Market by Application
8.2.2 Argentina Iris Recognition Market by Product
8.2.3 Argentina Iris Recognition Market by Component
8.2.4 Argentina Iris Recognition Market by Vertical
8.3 UAE Iris Recognition Market
8.3.1 UAE Iris Recognition Market by Application
8.3.2 UAE Iris Recognition Market by Product
8.3.3 UAE Iris Recognition Market by Component
8.3.4 UAE Iris Recognition Market by Vertical
8.4 Saudi Arabia Iris Recognition Market
8.4.1 Saudi Arabia Iris Recognition Market by Application
8.4.2 Saudi Arabia Iris Recognition Market by Product
8.4.3 Saudi Arabia Iris Recognition Market by Component
8.4.4 Saudi Arabia Iris Recognition Market by Vertical
8.5 South Africa Iris Recognition Market
8.5.1 South Africa Iris Recognition Market by Application
8.5.2 South Africa Iris Recognition Market by Product
8.5.3 South Africa Iris Recognition Market by Component
8.5.4 South Africa Iris Recognition Market by Vertical
8.6 Nigeria Iris Recognition Market
8.6.1 Nigeria Iris Recognition Market by Application
8.6.2 Nigeria Iris Recognition Market by Product
8.6.3 Nigeria Iris Recognition Market by Component
8.6.4 Nigeria Iris Recognition Market by Vertical
8.7 Rest of LAMEA Iris Recognition Market
8.7.1 Rest of LAMEA Iris Recognition Market by Application
8.7.2 Rest of LAMEA Iris Recognition Market by Product
8.7.3 Rest of LAMEA Iris Recognition Market by Component
8.7.4 Rest of LAMEA 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 LAMEA Iris Recognition Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Iris Recognition Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 4 LAMEA Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 5 LAMEA Identity Management & Access Control Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Identity Management & Access Control Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Time Monitoring Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Time Monitoring Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA E-Payment Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA E-Payment Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 12 LAMEA Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 13 LAMEA Scanners Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Scanners Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Smartphones Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Smartphones Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Personal Computers/Laptops Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Personal Computers/Laptops Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Tablets & Notebooks Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Tablets & Notebooks Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 24 LAMEA Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 25 LAMEA Software Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Software Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Hardware Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Hardware Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 30 LAMEA Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 31 LAMEA Banking & Finance Market by Country, 2018 - 2021, USD Million
TABLE 32 LAMEA Banking & Finance Market by Country, 2022 - 2028, USD Million
TABLE 33 LAMEA Consumer Electronics Market by Country, 2018 - 2021, USD Million
TABLE 34 LAMEA Consumer Electronics Market by Country, 2022 - 2028, USD Million
TABLE 35 LAMEA Military & Defense Market by Country, 2018 - 2021, USD Million
TABLE 36 LAMEA Military & Defense Market by Country, 2022 - 2028, USD Million
TABLE 37 LAMEA Automotive Market by Country, 2018 - 2021, USD Million
TABLE 38 LAMEA Automotive Market by Country, 2022 - 2028, USD Million
TABLE 39 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 40 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 41 LAMEA Travel & Immigration Market by Country, 2018 - 2021, USD Million
TABLE 42 LAMEA Travel & Immigration Market by Country, 2022 - 2028, USD Million
TABLE 43 LAMEA Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 44 LAMEA Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 45 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 46 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 47 LAMEA Iris Recognition Market by Country, 2018 - 2021, USD Million
TABLE 48 LAMEA Iris Recognition Market by Country, 2022 - 2028, USD Million
TABLE 49 Brazil Iris Recognition Market, 2018 - 2021, USD Million
TABLE 50 Brazil Iris Recognition Market, 2022 - 2028, USD Million
TABLE 51 Brazil Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 52 Brazil Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 53 Brazil Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 54 Brazil Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 55 Brazil Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 56 Brazil Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 57 Brazil Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 58 Brazil Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Argentina Iris Recognition Market, 2018 - 2021, USD Million
TABLE 60 Argentina Iris Recognition Market, 2022 - 2028, USD Million
TABLE 61 Argentina Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 62 Argentina Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 63 Argentina Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 64 Argentina Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 65 Argentina Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 66 Argentina Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 67 Argentina Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 68 Argentina Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 69 UAE Iris Recognition Market, 2018 - 2021, USD Million
TABLE 70 UAE Iris Recognition Market, 2022 - 2028, USD Million
TABLE 71 UAE Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 72 UAE Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 73 UAE Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 74 UAE Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 75 UAE Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 76 UAE Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 77 UAE Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 78 UAE Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 79 Saudi Arabia Iris Recognition Market, 2018 - 2021, USD Million
TABLE 80 Saudi Arabia Iris Recognition Market, 2022 - 2028, USD Million
TABLE 81 Saudi Arabia Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 82 Saudi Arabia Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 83 Saudi Arabia Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 84 Saudi Arabia Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 85 Saudi Arabia Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 86 Saudi Arabia Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 87 Saudi Arabia Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 88 Saudi Arabia Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 89 South Africa Iris Recognition Market, 2018 - 2021, USD Million
TABLE 90 South Africa Iris Recognition Market, 2022 - 2028, USD Million
TABLE 91 South Africa Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 92 South Africa Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 93 South Africa Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 94 South Africa Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 95 South Africa Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 96 South Africa Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 97 South Africa Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 98 South Africa Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 99 Nigeria Iris Recognition Market, 2018 - 2021, USD Million
TABLE 100 Nigeria Iris Recognition Market, 2022 - 2028, USD Million
TABLE 101 Nigeria Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 102 Nigeria Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 103 Nigeria Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 104 Nigeria Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 105 Nigeria Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 106 Nigeria Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 107 Nigeria Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 108 Nigeria Iris Recognition Market by Vertical, 2022 - 2028, USD Million
TABLE 109 Rest of LAMEA Iris Recognition Market, 2018 - 2021, USD Million
TABLE 110 Rest of LAMEA Iris Recognition Market, 2022 - 2028, USD Million
TABLE 111 Rest of LAMEA Iris Recognition Market by Application, 2018 - 2021, USD Million
TABLE 112 Rest of LAMEA Iris Recognition Market by Application, 2022 - 2028, USD Million
TABLE 113 Rest of LAMEA Iris Recognition Market by Product, 2018 - 2021, USD Million
TABLE 114 Rest of LAMEA Iris Recognition Market by Product, 2022 - 2028, USD Million
TABLE 115 Rest of LAMEA Iris Recognition Market by Component, 2018 - 2021, USD Million
TABLE 116 Rest of LAMEA Iris Recognition Market by Component, 2022 - 2028, USD Million
TABLE 117 Rest of LAMEA Iris Recognition Market by Vertical, 2018 - 2021, USD Million
TABLE 118 Rest of LAMEA 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