The biometrics market in the Middle East is expected to grow at a CAGR of 19.35% over the period between 2014 and 2019, according to a report by TechNavio.
The biometrics market in the Middle East is expected to grow at a CAGR of 19.35% over the period between 2014 and 2019, according to a report by TechNavio.
According to the report, 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, Turkey's 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 Arabia's Al Rajhi Bank, an Islamic financial institution, has deployed biometrics at its ATMs across its branches UAE's Ministry of Interior, has deployed multimodal biometric screening systems at airports.
- Egypts 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.
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.
Product Adopted:Biometrics