The Latin America, Middle East and Africa IRIS Scanner Market would witness market growth of 14.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 658.9 thousand units, showcasing a growth of 15.2% (2023-2030).
Iris scanning technology has gained popularity for security and access control. Many organizations and governments have invested in iris recognition systems to secure access to facilities, data, and devices. Iris recognition is increasingly used in biometric authentication systems, especially smartphones and other consumer devices. This provides a high level of security and convenience for users. Iris scanners are being used in healthcare for patient identification, ensuring the security of electronic health records, and preventing medical identity theft.
The financial sector has explored iris scanning for secure access to accounts and identity verification during high-value transactions. As the Internet of Things (IoT) expands, iris scanners are being integrated into smart devices for user authentication and access control. Iris recognition technology is becoming more accurate, faster, and cost-effective. This has made it more accessible to a broader range of applications. Integrating iris scanning technology with artificial intelligence (AI) and machine learning algorithms allows for more efficient and accurate identification. As smart cities and the Internet of Things (IoT) continue to evolve, iris scanning is being integrated into various IoT devices for secure access and control.
The adoption of iris scanner technology in the automotive sector in Saudi Arabia is increasing, particularly for applications related to vehicle security, access control, and personalized driver experiences. These are integrated into vehicles to provide secure access and ignition control in Saudi Arabia. This technology ensures that only authorized drivers can start and operate the vehicle, preventing theft. As per the International Trade Administration, in 2020, Saudi Arabia accounted for over 52% of the vehicles sold in the Gulf Council Corporation and 35% in the Middle East region. In Saudi Arabia, 556,000 and 436,000 vehicles were sold in 2019 and 2020, respectively. The factors mentioned above will drive the regional market growth.
The Brazil market dominated the LAMEA IRIS Scanner Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $150.9 million by 2030. The Argentina market is showcasing a CAGR of 14.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 14% during (2023 - 2030).
Based on Component, the market is segmented into Hardware, and Software. Based on Industry, the market is segmented into Consumer Electronics, Military & Defense, Healthcare, Travel & Immigration, Automotive, BFSI, 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 Worldwide IRIS Scanner Market is Projected to reach USD 6.4 Billion by 2030, at a CAGR of 10.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dermalog Identification Systems GmbH, M2SYS Technology, ams-OSRAM AG. eyeLock LLC (VOXX International Corporation), Princeton Identity, Inc., CMITech Co, Ltd., HID Global Corporation (Assa Abloy AB), Thales Group S.A., Iris ID, Inc. and IrisGuard Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Industry (Volume, Thousand Units, USD Million/Billion, 2019-2030)
- Consumer Electronics
- Military & Defense
- Healthcare
- Travel & Immigration
- Automotive
- BFSI
- Others
By Country (Volume, Thousand Units, USD Million/Billion, 2019-2030)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Dermalog Identification Systems Gmbh
- M2SYS Technology
- ams-OSRAM AG
- eyeLock LLC (VOXX International Corporation)
- Princeton Identity, Inc.
- CMITech Co, Ltd.
- HID Global Corporation (Assa Abloy AB)
- Thales Group S.A.
- Iris ID, Inc.
- IrisGuard Ltd.
TABLE 1 LAMEA IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 2 LAMEA IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 3 LAMEA IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 4 LAMEA IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 5 LAMEA IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 6 LAMEA IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 7 LAMEA Hardware Market by Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Software Market by Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Software Market by Country, 2023 - 2030, USD Million
TABLE 11 LAMEA IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 12 LAMEA IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 13 LAMEA IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 14 LAMEA IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 15 LAMEA Consumer Electronics Market by Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Consumer Electronics Market by Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Consumer Electronics Market by Country, 2019 - 2022, Thousand Units
TABLE 18 LAMEA Consumer Electronics Market by Country, 2023 - 2030, Thousand Units
TABLE 19 LAMEA Military & Defense Market by Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Military & Defense Market by Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Military & Defense Market by Country, 2019 - 2022, Thousand Units
TABLE 22 LAMEA Military & Defense Market by Country, 2023 - 2030, Thousand Units
TABLE 23 LAMEA Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2019 - 2022, Thousand Units
TABLE 26 LAMEA Healthcare Market by Country, 2023 - 2030, Thousand Units
TABLE 27 LAMEA Travel & Immigration Market by Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Travel & Immigration Market by Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Travel & Immigration Market by Country, 2019 - 2022, Thousand Units
TABLE 30 LAMEA Travel & Immigration Market by Country, 2023 - 2030, Thousand Units
TABLE 31 LAMEA Automotive Market by Country, 2019 - 2022, USD Million
TABLE 32 LAMEA Automotive Market by Country, 2023 - 2030, USD Million
TABLE 33 LAMEA Automotive Market by Country, 2019 - 2022, Thousand Units
TABLE 34 LAMEA Automotive Market by Country, 2023 - 2030, Thousand Units
TABLE 35 LAMEA BFSI Market by Country, 2019 - 2022, USD Million
TABLE 36 LAMEA BFSI Market by Country, 2023 - 2030, USD Million
TABLE 37 LAMEA BFSI Market by Country, 2019 - 2022, Thousand Units
TABLE 38 LAMEA BFSI Market by Country, 2023 - 2030, Thousand Units
TABLE 39 LAMEA Others Market by Country, 2019 - 2022, USD Million
TABLE 40 LAMEA Others Market by Country, 2023 - 2030, USD Million
TABLE 41 LAMEA Others Market by Country, 2019 - 2022, Thousand Units
TABLE 42 LAMEA Others Market by Country, 2023 - 2030, Thousand Units
TABLE 43 LAMEA IRIS Scanner Market by Country, 2019 - 2022, USD Million
TABLE 44 LAMEA IRIS Scanner Market by Country, 2023 - 2030, USD Million
TABLE 45 LAMEA IRIS Scanner Market by Country, 2019 - 2022, Thousand Units
TABLE 46 LAMEA IRIS Scanner Market by Country, 2023 - 2030, Thousand Units
TABLE 47 Brazil IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 48 Brazil IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 49 Brazil IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 50 Brazil IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 51 Brazil IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 52 Brazil IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 53 Brazil IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 54 Brazil IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 55 Brazil IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 56 Brazil IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 57 Argentina IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 58 Argentina IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 59 Argentina IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 60 Argentina IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 61 Argentina IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 62 Argentina IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 63 Argentina IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 64 Argentina IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 65 Argentina IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 66 Argentina IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 67 UAE IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 68 UAE IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 69 UAE IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 70 UAE IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 71 UAE IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 72 UAE IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 73 UAE IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 74 UAE IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 75 UAE IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 76 UAE IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 77 Saudi Arabia IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 78 Saudi Arabia IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 79 Saudi Arabia IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 80 Saudi Arabia IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 81 Saudi Arabia IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 82 Saudi Arabia IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 83 Saudi Arabia IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 84 Saudi Arabia IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 85 Saudi Arabia IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 86 Saudi Arabia IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 87 South Africa IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 88 South Africa IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 89 South Africa IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 90 South Africa IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 91 South Africa IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 92 South Africa IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 93 South Africa IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 94 South Africa IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 95 South Africa IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 96 South Africa IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 97 Nigeria IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 98 Nigeria IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 99 Nigeria IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 100 Nigeria IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 101 Nigeria IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 102 Nigeria IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 103 Nigeria IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 104 Nigeria IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 105 Nigeria IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 106 Nigeria IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 107 Rest of LAMEA IRIS Scanner Market, 2019 - 2022, USD Million
TABLE 108 Rest of LAMEA IRIS Scanner Market, 2023 - 2030, USD Million
TABLE 109 Rest of LAMEA IRIS Scanner Market, 2019 - 2022, Thousand Units
TABLE 110 Rest of LAMEA IRIS Scanner Market, 2023 - 2030, Thousand Units
TABLE 111 Rest of LAMEA IRIS Scanner Market by Component, 2019 - 2022, USD Million
TABLE 112 Rest of LAMEA IRIS Scanner Market by Component, 2023 - 2030, USD Million
TABLE 113 Rest of LAMEA IRIS Scanner Market by Industry, 2019 - 2022, USD Million
TABLE 114 Rest of LAMEA IRIS Scanner Market by Industry, 2023 - 2030, USD Million
TABLE 115 Rest of LAMEA IRIS Scanner Market by Industry, 2019 - 2022, Thousand Units
TABLE 116 Rest of LAMEA IRIS Scanner Market by Industry, 2023 - 2030, Thousand Units
TABLE 117 Key Information – Dermalog Identification Systems Gmbh
TABLE 118 Key Information – M2SYS Technology, Inc.
TABLE 119 Key Information – ams-OSRAM AG
TABLE 120 Key Information – eyelock llc.
TABLE 121 Key Information – Princeton Identity, Inc.
TABLE 122 Key Information – CMITech CO., LTD
TABLE 123 Key Information – HID Global Corporation
TABLE 124 Key Information – Thales Group S.A.
TABLE 125 Key Information – Iris ID, inc.
TABLE 126 Key Information – IrisGuard Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA IRIS Scanner Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting IRIS scanner market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis – IRIS Scanner Market
FIG 6 LAMEA IRIS Scanner Market share by Component, 2022
FIG 7 LAMEA IRIS Scanner Market share by Component, 2030
FIG 8 LAMEA IRIS Scanner Market by Component, 2019 - 2030, USD Million
FIG 9 LAMEA IRIS Scanner Market share by Industry, 2022
FIG 10 LAMEA IRIS Scanner Market share by Industry, 2030
FIG 11 LAMEA IRIS Scanner Market by Industry, 2019 - 2030, USD Million
FIG 12 LAMEA IRIS Scanner Market share by Country, 2022
FIG 13 LAMEA IRIS Scanner Market share by Country, 2030
FIG 14 LAMEA IRIS Scanner Market by Country, 2019 - 2030, USD Million
FIG 15 SWOT Analysis: Dermalog Identification Systems Gmbh
FIG 16 SWOT Analysis: M2SYS Technology
FIG 17 SWOT Analysis: ams-OSRAM AG
FIG 18 SWOT Analysis: eyeLock LLC.
FIG 19 SWOT Analysis: Princeton Identity, Inc
FIG 20 SWOT Analysis: CMITech Co, Ltd.
FIG 21 SWOT Analysis: HID Global Corporation
FIG 22 SWOT Analysis: Thales Group S.A.
FIG 23 SWOT Analysis: IRIS id, inc
FIG 24 SWOT Analysis: IrisGuard Ltd.