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Saudi Arabia Biometrics Market (2014-2019): Market Forecast by Technology, Application and Regions(M2 PressWIRE Via Acquire Media NewsEdge) Dublin - Research and Markets (http://www.researchandmarkets.com/research/v6h77x/saudi_arabia) has announced the addition of the "Saudi Arabia Biometrics Market (2014-2019): Market Forecast by Technology, Applicatioan and Regions" report to their offering. 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 Topics Covered: 1. Introduction 2. Global Biometrics Market Overview 3. Saudi Arabia Biometrics Market 4. Saudi Arabia Market Dynamics 5. Saudi Arabia Market Trends 6. Saudi Arabia Fingerprints Biometrics Market 7. Saudi Arabia Facial Biometrics Market 8. Saudi Arabia IRIS Biometrics Market 9. Saudi Arabia Others Biometrics Market 10. Price Point Analysis 11. Company Profiles 12. Key Strategic Pointers 13. Disclaimer Companies Mentioned - Aware , Inc. - Extra Visions - HID Global Corporation - IDTECK CO., LTD. - M2SYS Technology - Morpho SA - NEC Saudi Arabia Ltd. - Precise Biometrics AB - Suprema Inc. For more information visit http://www.researchandmarkets.com/research/v6h77x/saudi_arabia CONTACT: Research and Markets, Laura Wood, Senior Manager. [email protected] Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Sector: Advanced Technology (http://www.researchandmarkets.com/categories.asp?cat_id=31&campaign_id=v6h77x) . (c) 2014 M2 COMMUNICATIONS |