Iris biometrics market expected to grow

The Global Industry Analysts company has published a report entitled “Iris Biometrics: A Global Strategic Business Report”, in which they forecast a significant growth of the iris biometric analysis market. Fostered by national identification programs, banking systems and the access control industry, as well as technological advances and expansion of areas of application, the iris biometrics market is expected to reach $1,500 million in 2018.

The United States is the primary world market for iris biometrics, but during the analyzed period, the Middle West has been growing at a rate of 29.1% in annual compound growth.

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