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$52 Million Saudi Arabia Biometrics Market (2018-2024): Analysis by Technology, Applications, Verticals, Regions and Competitive Landscape - ResearchAndMarkets.com

July 10, 2018

DUBLIN--(BUSINESS WIRE)--Jul 10, 2018--The “Saudi Arabia Biometrics Market (2018-2024): Market Forecast by Technology, by Applications, by Verticals, by Regions and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.

During 2014-16, Saudi Arabia biometrics market witnessed a steep drop in demand owing to declining oil prices and deteriorating economy. However, post-2017, the market witnessed growth attributed to reviving investments in various infrastructure projects, Saudi Vision 2030 along with the recovery of the oil prices.

According to research, Saudi Arabia biometrics market is projected to cross $52 million by 2024. Projected growth in the construction market, upcoming hotels & shopping mall projects, coupled with increasing FDI inflow in construction and retail sectors are expected to emerge as the key driving factors for the market growth. In terms of technology, fingerprint recognition segment accounted for the majority of the market revenue share on account of supportive infrastructure and surging installation in various applications in the country.

The report thoroughly covers Saudi Arabia biometrics market by types, technology, applications, verticals, and regions. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/ high growth areas and market drivers, which would help the stakeholders to the device and align market strategies according to the current and future market dynamics.

Companies Featured

3M Assa Abloy Aware LLC M2SYS Inc. Morpho SA NEC Corporation Precise Biometrics Suprema Inc. ZK Technology

Key Topics Covered

1. Executive Summary

2. Introduction

3. Global Biometrics Market Overview

4. Saudi Arabia Biometrics Market Overview

5. Saudi Arabia Biometrics Market Dynamics

6. Saudi Arabia Biometrics Market Trends

7. Saudi Arabia Biometrics Market Overview, By Applications

8. Saudi Arabia Fingerprint Recognition Market Overview

9. Saudi Arabia Facial Recognition Market Overview

10. Saudi Arabia IRIS Recognition Market Overview

11. Saudi Arabia Hand/Palm Recognition Market Overview

12. Saudi Arabia Multimodal Recognition Market Overview

13. Saudi Arabia Voice Recognition Market Overview

14. Saudi Arabia Vein Recognition Market Overview

15. Saudi Arabia Other Biometrics Recognition Market Overview

16. Saudi Arabia Biometrics Market Overview, By Verticals

17. Saudi Arabia Biometrics Market Overview, By Regions

18. Competitive Landscape

19. Company Profiles

20. Key Strategic Pointers

For more information about this report visit https://www.researchandmarkets.com/research/kpsh4f/saudi_arabia?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180710005895/en/

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Related Topics:Biometrics

KEYWORD: SAUDI ARABIA MIDDLE EAST

INDUSTRY KEYWORD: TECHNOLOGY SECURITY

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 07/10/2018 01:47 PM/DISC: 07/10/2018 01:47 PM

http://www.businesswire.com/news/home/20180710005895/en

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