$52 Million Saudi Arabia Biometrics Market (2018-2024): Analysis by Technology, Applications, Verticals, Regions and Competitive Landscape - ResearchAndMarkets.com
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 Featured3M Assa Abloy Aware LLC M2SYS Inc. Morpho SA NEC Corporation Precise Biometrics Suprema Inc. ZK Technology
Key Topics Covered
1. Executive Summary
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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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