Devices to Drive $4 Billion Iris Recognition Market by 2025, Says Tractica
Iris recognition is expected to be a $4.1 billion global market by 2025, up from $676.6 million last year, growing from 10.7 million units to 61.6 million units annually, Tractica reported. The technology was “hamstrung” by a conceptual patent in…
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force until 2005, and since then, more than 10 “well-qualified” iris recognition hardware manufacturers, plus various software providers, have launched, with infrared cameras and light sources in smartphones and tablets creating new uses, the researcher said Friday.