Biometrics

Biometrics market in Saudi Arabia increase on back of IT spending

: Sunday, August 24 - 2014 @ 00:42

The “Saudi Arabia Biometrics Market (2014-2019): Market Forecast by Technology, Application and Regions” report was recently released, showing that 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, The Saudi Gazette reported. 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.

Today's Top Stories

Posted by

Sunday, August 24- 2014 @ 0:42 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services







Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically






JobsVIEW ALL

Search for jobs

Latest Jobs