[May 25, 2015] |
|
Research and Markets: Saudi Arabia Biometric Systems Market Forecast and Opportunities, 2020
Research and Markets (http://www.researchandmarkets.com/research/qw8gc9/saudi_arabia)
has announced the addition of the "Saudi
Arabia Biometric Systems Market Forecast and Opportunities, 2020"
report to their offering.
The biometric systems market in Saudi Arabia is projected to grow at
over 22% CAGR through 2020
This high growth is attributed to the surging demand for better
biometric technologies in the country, from government, BFSI, Consumer
Electronics, and energy (specifically oil & gas) sectors. Further, use
of biometric mobile applications is a major trend emerging in Saudi
Arabia biometric systems market, aimed at providing a more secure
environment for e-commerce and mobile banking.
Saudi Arabia biometric systems market is one of the fastest growing
markets in the Middle East. Growing need for authentication &
verification, and government regulations & initiatives mandating use of
biometric technologies are the key factors driving biometric systems
market in the country. Moreover, increasing fous on providing more
secure environment, reducing human errors in time & attendance, and
maintenance of biometric database for every expatriate and immigrant, is
driving physical verification of individuals across different verticals,
which includes extensive use of biometric devices. Expanding use of
multi-modal biometric systems, adoption of new technologies, and
anticipated decline in average selling prices, are projected to further
escalate the demand for biometric devices in the country over the
forecast period.
Saudi Arabia biometric systems market, which includes manufacturing and
supply of biometric devices, is majorly dominated by global players,
such as Morpho Safran, ZK Technlogy, and Suprema, among others.
Saudi Arabia Biometric Systems Market Forecast & Opportunities, 2020
discusses the following aspects of the biometric system market in Saudi
Arabia:
-
Saudi Arabia Biometrics Market Size, Share & Forecast
-
Segmental Analysis - By Type & Application
-
Policy & Regulatory Landscape
-
Changing Market Trends & Emerging Opportunities
-
Competitive Landscape & Strategic Recommendations
Trends & Developments
-
Multi-Modal Biometric Systems
-
Biometric Mobile Applications
-
Health Care Identity Management Technology
-
Biometric Attendance Systems
-
3-D Facial Recognition
Companies Mentioned
-
Morpho Safran Group
-
ZK Technology FZCO
-
Suprema, Inc.
-
Aware (News - Alert), Inc.
-
HID Global Corporation
-
NEC Saudi Arabia Limited
-
Precise Biometrics AB
-
IrisGuard Inc.
-
M2SYS Technology
-
3M (News - Alert) Cogent, Inc.
For more information visit http://www.researchandmarkets.com/research/qw8gc9/saudi_arabia
View source version on businesswire.com: http://www.businesswire.com/news/home/20150525005091/en/
[ Back To Mobile World Congress's Homepage ]
|