The Iris Recognition Market report highlights an escalating demand trend, as industries increasingly turn to iris-based authentication for enhanced security and convenience. The demand for iris recognition solutions is projected to grow at a steady CAGR of 10.9% between 2025 and 2035, with market value expanding from USD 4.04 billion in 2024 to USD 17.21 billion by 2035. The surge in demand stems from multiple factors, including the rise in cyber threats, the need for advanced access control, and the shift toward digital identity management systems. Governments are deploying iris recognition for e-governance, while enterprises integrate it into secure login systems and data protection solutions. The growing popularity of contactless biometrics post-COVID-19 has further accelerated market adoption. Financial institutions and border security agencies are leading users, followed by healthcare and education sectors implementing iris scanning for secure authentication. The demand is also bolstered by the increasing use of AI in improving recognition accuracy and reducing error rates. As the need for secure digital ecosystems continues to grow, demand for iris recognition technologies is expected to remain robust throughout the forecast period.
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