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The GCC biometrics market is currently witnessing robust growth. Biometrics are used to authenticate the identity of users by measuring and analyzing their physical or behavioral characteristics, such as fingerprints, hand geometry, vascular pattern and palm print. It relies on advanced methodology, secure system, and data and device access for offering convenience and reliability. Consequently, it is extensively utilized in automated teller machines (ATMs), smart cards, laptops and workstations in the GCC region.
The market is experiencing growth on account of the expanding applications of biometrics in various end use industries in the GCC region. For instance, it is employed in the transportation sector for allowing hassle-free traveling and in the banking, financial services and insurance (BFSI) industry to secure sensitive data from fraud attacks. Moreover, biometric systems are installed at airports and seaports to provide surveillance, immigration control and access control of staff and authorities. Apart from this, with the growing incidents of theft and criminal activities, the GCC is developing an integrated biometric database to prevent convicted expatriate workers from re-entering the countries. Furthermore, the increasing popularity of cloud-based biometric systems in the education and training sector to record class attendance is anticipated to create a positive outlook for the market in the coming years. On account of these factors, the market is expected to continue its robust growth during the forecast period (2020-2025).
IMARC Group provides an analysis of the key trends in each sub-segment of the GCC biometrics market report, along with forecasts for growth at the region level from 2020-2025. Our report has categorized the market based on region, technology, functionality, component, authentication and end user.
Breakup by Technology:
Breakup by Functionality:
Breakup by Component:
Breakup by Authentication:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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