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Biometrics Market in Middle East 2015-2019

Category : ICT Media  | Published Date : Aug-2015 | Pages : 100
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About biometrics
Biometrics was introduced in the latter half of the twentieth century, with the emergence of computers. It is based on the behavioural and physiological characteristics of an individual that are difficult to replicate. Biometric technologies include voice recognition, palm geometry recognition, DNA identification, gait recognition, fingerprint matching, facial recognition, iris recognition, signature verification, and vein recognition. Also, biometric technologies are considered to be more reliable compared to physical devices and numeric codes. In addition, biometric traits cannot be lost or forgotten by an individual. Biometrics use verification and identification to authenticate an individual. Verification is a one-on-one process that matches the biometric traits of an individual against a particular template. However, identification is a process where the biometrics traits of an individual are matched against all templates in the database.

Several banks and financial institutions in the Middle East have integrated biometric technologies, such as voice controlled mobile applications, fingerprint identification, and retina recognition to allow their customers access to online accounts through mobile applications. 

Many industry verticals have adopted biometrics in the Middle East because of increasing security and authentication concerns in the region. Some of the examples are listed below:
• Isbank, Turkeys largest commercial bank, has deployed finger vein biometric recognition at ATMs. The bank has installed nearly 3,400 finger vein scanners in 2,400 ATMs across 1,000 branches in the country
• Saudi Arabias Al Rajhi Bank, an Islamic financial institution, has deployed biometrics at its ATMs across its branches
• UAEs Ministry of Interior, has deployed multimodal biometric screening systems at airports
• Egypt’s Cairo International Airport implements biometric screening that uses facial recognition to identify travellers
• Finger vein scanners offered by Hitachi are being deployed in the healthcare sector in Turkey across several private hospitals and dialysis centers to identify patients efficiently

TechNavios analysts forecast the biometrics market in Middle East to grow at a CAGR of 19.35% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the biometrics market in the Middle East for the period 2015-2019. 

To calculate the market size, the report considers revenue generated from the sales of biometric solutions including hardware, software, integrated solutions, and services offered in the government sector. Revenues generated from aftersales services are not included to calculate the market size.

The report provides a detailed analysis of the following:
• Technologies: fingerprint identification, DNA analysis, iris recognition, facial recognition, and voice recognition
• Countries: Saudi Arabia, Turkey, UAE, Egypt, Syria, Iraq, Israel, Iran, Yemen, Jordan, Palestine, Lebanon, Oman, Kuwait, Qatar, Bahrain, and Cyprus

The market is highly fragmented with the presence of a large number of small and large vendors. A detailed product and feature comparison of key leading vendors is provided in the report. 
In addition, the report discusses the major drivers that influence the growth of the biometrics market in the Middle East. It also outlines the risks faced by vendors and the market at large, as well as the key trends that are emerging in the market.

Technavios report, Biometrics Market in Middle East 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape of the biometrics market in the Middle East and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key vendors
• Cross Match Technologies
• M2SYS Technology
• NEC
• Nuance
• Safran

Other prominent vendors
• 4G Identity
• BioEnable
• Cardzme
• Hitachi
• SUPREMA
• Uniphore
• VoiceTrust
• ZK Technology

Market growth inhibitor
• Lack of accuracy
• For a full, detailed list, view our report

Market trend
• Emergence of multimodal biometrics
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
PART 01: Executive summary 4

Highlights 4

PART 02: Scope of the report 5

Market overview 5

PART 03: Market research methodology 6

Research methodology 6

Economic indicators 6

PART 04: Introduction 7

Key market highlights 7

PART 05: Market Description 9

Working of Biometrics Technologies 9

Applications of Biometrics 16

Advantages and Disadvantages of Biometrics 18

PART 06: Market Developments 20

Introduction of Multi-factor Authentication 20

Biometrics in the Cloud 20

Industry Specific Biometric Solutions 21

PART 07: Market landscape 22

Market overview 22

Product Life Cycle Analysis 24

Share of Middle East in the Global Biometrics Market 25

Biometrics Market in Middle East 27

Five forces analysis 29

PART 08: Market segmentation by technology 30

Biometrics Market in Middle East by Technologies 2014-2019 30

Fingerprint Biometrics Market in Middle East 34

Facial Biometrics Market in Middle East 35

Iris Biometrics in Middle East 36

Hand Geometry Biometrics Market in Middle East 37

Vein Biometrics Market in Middle East 38

Voice Biometrics Market in Middle East 39

PART 09: Market segmentation by end-users 41

Biometrics Market in Middle East by End-user Segmentation 2014-2019 41

Biometrics in Middle East in Oil and Gas Sector 43

Biometrics in Middle East in Transportation Sector 44

Biometrics in Middle East in Healthcare Sector 45

Biometrics in Middle East in Government Sector 46

Biometrics in Middle East in BFSI Sector 47

PART 10: Key leading countries 49

Biometrics market in Middle East by key leading countries 49

Biometric market in Saudi Arabia 50

Biometric market in Turkey 51

Biometric market in UAE 52

Biometric market in Egypt 53

Biometric market in Syria 54

Biometric market in Iraq 55

Biometric market in Israel 56

PART 11: Market trends 57

PART 12: Market growth inhibitors 60

PART 13: Vendor landscape 62

Key Vendors Matrix 62

Key Vendors Description 69

Key Vendor's News Updates 74

Other prominent vendors 75

PART 14: Key vendor analysis 76

Crossmatch 76

M2SYS Technology 79

NEC 85

Nuance Communications 90

Safran 95

PART 15: Appendix 100

List of abbreviation 100

List of Exhibits:
Exhibit 01: Overview of Biometrics Market in Middle East 22
Exhibit 02: Share of Middle East in the Global Biometrics Market 2014-2019 25
Exhibit 03: Biometrics Market in Middle East 2014-2019 ($ Million) 27
Exhibit 04: Five forces analysis 29
Exhibit 05: Biometrics Market in Middle East by Technologies 2014-2019 30
Exhibit 06: Fingerprint Biometrics Market in Middle East 2014-2019 ($ Millions) 34
Exhibit 07: Facial Biometrics Market in Middle East 2014-2019 ($ Millions) 35
Exhibit 08: Iris Biometrics in Middle East 2014-2019 ($ Millions) 36
Exhibit 09: Hand Geometry Biometrics Market in Middle East 2014-2019 ($ Millions) 37
Exhibit 10: Vein Biometrics Market in Middle East 2014-2019 ($ Millions) 38
Exhibit 11: Voice Biometrics Market in Middle East 2014-2019 ($ Millions) 39
Exhibit 12: Biometrics Market in Middle East by End-user Segmentation 2014-2019 41
Exhibit 13: Biometrics in Middle East in Oil and Gas Sector 2014-2019 ($ Millions) 43
Exhibit 14: Biometrics in Middle East in Transportation Sector 2014-2019 ($ Millions) 44
Exhibit 15: Biometrics in Middle East in Healthcare Sector 2014-2019 ($ Millions) 45
Exhibit 16: Biometrics in Middle East in Government Sector 2014-2019 ($ Millions) 46
Exhibit 17: Biometrics in Middle East in BFSI Sector 2014-2019 ($ Millions) 47
Exhibit 18: Biometrics market in Middle East by key leading countries 49
Exhibit 19: Biometric market in Saudi Arabia 2014-2019 ($ millions) 50
Exhibit 20: Biometric market in Turkey 2014-2019 ($ millions) 51
Exhibit 21: Biometric market in UAE 2014-2019 ($ millions) 52
Exhibit 22: Biometric market in Egypt 2014-2019 ($ millions) 53
Exhibit 23: Biometric market in Syria 2014-2019 ($ millions) 54
Exhibit 24: Biometric market in Iraq 2014-2019 ($ millions) 55
Exhibit 25: Biometric market in Israel 2014-2019 ($ millions) 56
...
Publisher Name : Technavio

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