1. Market Research
  2. > IT Infrastructure
  3. > Security Systems Market Trends
  4. > Saudi Arabia Biometrics Market (2014-2019): Market Forecast BY Technology, Application and Regions

Saudi Arabia Biometrics Market (2014-2019): Market Forecast BY Technology, Application and Regions

  • August 2014
  • -
  • 6Wresearch
  • -
  • 100 pages

Summary

Table of Contents

Middle East region is emerging as a key growing region in global biometrics market, where countries such as UAE, Turkey and Saudi Arabia are exhibiting tremendous growth in overall biometrics market. Amongst all Middle East countries, Saudi Arabia is one of the fastest growing biometrics markets. The market for biometrics in Saudi Arabia is incrementing on the back of increasing IT spending, growth registered in biometric based access control systems, and increasing adoption of biometrics technologies across industry verticals. Saudi Arabia’s Biometrics market is in its nascent stage, where market is yet to witness swashbuckling growth. In global biometrics market, contribution of Saudi Arabia was mere 3% in 2013. Lack of awareness is the major factor, which has restricted the penetration of biometrics systems in the country.

However, in the forecast period, the market for biometrics in the country is anticipated to register growth on account of increasing investments, government projects, expansion of BFSI and IT/ITeS sector, and introduction of e-passports & visas. Saudi Arabia’s Biometrics Market is projected to reach $1.5 billion by 2019. The growth of the market would be majorly controlled by fingerprint biometrics technology. Ease of installation & usage and lower cost have led for the rapid adoption of fingerprint biometrics technology systems in the country. Over the next five years, fingerprint biometrics technology is expected to maintain its dominance, but, other technologies such as facial and IRIS recognition would exhibit higher growth rate, primarily driven by government projects. Riyadh, Jeddah, Makkah and Madinah are witnessing such developments on larger scale. Urban development, infrastructure expansion, flow of foreign investments and establishment of new enterprises across various verticals in these areas have led for the adoption of biometrics technologies, especially fingerprint biometrics in the country.

Key Highlights of the Report

1. Market Revenues by Biometrics Technologies (Fingerprint, Facial, IRIS and Others).
2. Market Volume by Biometrics Technologies.
3. Historical data of Biometrics Technologies for the Period 2010-2013.
4. Market Revenue Size & Forecast for Biometrics Technologies until 2019.
5. Market Volume for Biometrics Technologies until 2019.
6. Market Size & Forecast by Applications (Government, Travel & Transportation, Banking & Finance, Retail, Hospitality, Oil & Gas and Others)
7. Market Size & Forecast by Regions
8. Market Drivers and Restraints
9. Market Trends
10. Competitive Landscape
11. Key Strategic Pointers

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Global Markets and Technologies for Voice Recognition

Global Markets and Technologies for Voice Recognition

  • $ 6650
  • Industry report
  • January 2017
  • by BCC Research

Use this report to: - Evaluate the market opportunity for voice recognition technology providers. - Learn about the advances in machine learning, statistical data-mining techniques, ubiquitous mobile ...

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

Video Surveillance Market by System (Analog, IP, Biometrics), Hardware (Camera, Monitors, Servers, Storage Devices), Software (Video Analytics, VMS), and Service (VSaaS, Installation & Maintenance), Vertical, and Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • March 2017
  • by MarketsandMarkets

“Video surveillance market is projected to grow at a CAGR of 15.4% between 2017 and 2022” The video surveillance market was valued at 30.37 billion in 2016 and is projected to reach USD 75.64 billion ...

Global Airport Security Equipment - Aerospace

Global Airport Security Equipment - Aerospace

  • $ 4950
  • Industry report
  • March 2017
  • by Global Industry Analysts

This report analyzes the worldwide markets for Airport Security Equipment in US$ Thousand by the following Product Segments: Explosives Detection, X-ray & Infrared Equipment, Metal Detectors, Perimete ...


ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.