United Kingdom Iris Recognition Market Size, Share, and COVID-19 Impact Analysis, By Component (Hardware, Software), By Application (E-payment, Identity management & access control, and Time monitoring), and UK Iris Recognition Market Insights, Industry Trend, Forecasts to 2035.

United Kingdom Iris Recognition Market Forecasts to 2035

• The United Kingdom Iris Recognition Market Size Was Estimated at USD 680.5 Million in 2024
• The UK Iris Recognition Market Size is Expected to Grow at a CAGR of around 21.22% from 2025 to 2035
• The UK Iris Recognition Market Size is Expected to Reach USD 5650.7 Million by 2035

According to a research report published by Spherical Insights & Consulting, the United Kingdom Iris Recognition Market Size is anticipated to reach USD 5650.7 Million by 2035, growing at a CAGR of 21.22% from 2025 to 2035. The UK iris recognition industry is expanding due to increased security needs from the government, financial, and transportation industries, which benefit from its high accuracy and anti-fraud capabilities. Simultaneously, advances in AI and machine learning improve processing speed and usability, while mobile and cloud-based implementations broaden deployment across multiple applications.

Market Overview

The UK iris recognition market refers to the sector devoted to the creation, manufacturing, and usage of iris recognition technology for biometric identification and authentication. The UK iris recognition market is experiencing robust growth, driven by heightened security demands across banking, healthcare, and government sectors. Iris recognition technology offers superior accuracy, non-invasiveness, and scalability, making it ideal for personal identification and reducing fraud. Advancements in AI and machine learning have further enhanced system efficiency, promoting widespread adoption in smartphones, ATMs, and border control. The stability of iris patterns throughout life contributes to the technology’s reliability, with low false acceptance and rejection rates. The proliferation of smart devices and IoT also expands use cases in consumer goods and services. Emerging economies are increasingly embracing biometric solutions, unlocking opportunities in industries like retail and tourism. The healthcare sector is adopting iris recognition for accurate patient identification and real-time tracking within medical facilities. Mobile iris recognition applications have become increasingly popular due to their convenience and flexibility. The innovation in mobile iris recognition has been facilitated by partnerships between tech companies and digital government projects that aim to create investment opportunities while establishing solid operational protocols to address privacy concerns. In summary, the market for iris recognition applications is likely to continue to grow over the coming years and will likely parallel the digital transformation and demand for seamless and digital authentication.

Report Coverage

This research report categorizes the market for the UK iris recognition market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses key growth drivers, opportunities, and challenges influencing the United Kingdom iris recognition market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom iris recognition market.

Driving Factors

The growing security concerns around the UK, the demand for advanced biometric solutions has grown. Iris recognition from biometrics is increasing in popularity as it is considered a high-security identification approach because of its high accuracy and security. Iris recognition is expanding increasingly in a variety of industries, including banking, healthcare, government, and transportation, because of its reliability and degree of difficulty to reproduce. Technological advancements like AI and machine learning have also improved processing speed and increased application areas for iris recognition systems. The market for iris recognition will grow rapidly due to an increase in cloud identity systems, the use of mobile devices, and identification for patients or passengers.

Restraining Factors

Biometric technologies available in the market consist of voice recognition, fingerprint recognition, face recognition, and vascular recognition. Face and fingerprint recognition technologies compete aggressively in the market with iris recognition technology. The cost of iris scanners is high. Compared to alternatives like face recognition systems and fingerprint detection systems, iris scanners are expensive, and the rising adoption of fingerprint and facial recognition biometric systems in multiple industries, such as travel and business offices. These factors hamper the Iris Recognition market during the forecast period.

Market Segmentation

The United Kingdom iris recognition market share is classified into component and application.

• The hardware segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom iris recognition market is segmented by component into hardware, software. Among these, the hardware segment held the largest market share in 2024 and is expected to grow at a significant CAGR during the forecast period. To improve the accuracy, speed, and general performance of iris recognition systems, hardware advancements are essential. Taking detailed pictures of the iris requires high-resolution cameras. Smaller, more effective, and higher-resolution sensors have been developed as a result of advancements in camera technology, enabling more accurate and clearer iris image capturing

• The identity management & access control segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The United Kingdom iris recognition market is segmented by application into e-payment, identity management & access control, and time monitoring. Among these, the identity management & access control segment held the highest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. Iris recognition software is used in many different industries for tasks including identity management and access control. Increasing security demands across critical sectors like government, banking, and healthcare. Iris recognition provides highly accurate, non-intrusive authentication, reducing fraud and unauthorized access. Government investments and compliance requirements further support its widespread adoption.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom iris recognition market and a with comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• IrisGuard
• IDEMIA
• Thales
• HID
• Iris ID
• IriTech UK Ltd
• Aurora Computer Services Ltd
• Ayonix Ltd
• Others

Key Target Audience

• Investors
• Market players
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom iris recognition market based on the below-mentioned segments:

United Kingdom Iris Recognition Market, By Component

• Hardware
• Software

United Kingdom Iris Recognition Market, By Application

• E-payment
• Identity management & access control
• Time monitoring