According to the latest report by IMARC Group, titled “Indian Access Control Biometric Reader Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the indian access control biometric reader market grew at a CAGR of 18% during 2014-2019. Looking forward, IMARC Group expects the market to continue its double digit growth during 2020-2025.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Biometrics refer to a range of chemical, visual, auditory and behavioral characteristics that can be digitally identified to grant access into devices, systems and data. An access control biometric reader studies the identity of individuals by comparing their behavioral or physiological traits against a sample database. These readers can be differentiated into hand geometry, facial, iris and fingerprint recognition readers. Access control biometric readers are widely installed in airports, offices, banks, and hospitals.
The Indian access control biometric reader market growth is majorly being driven by rising urbanization. These readers are increasingly being installed by government entities in the country as they offer efficient data filtering properties. In line with this, the escalating demand for access control biometric readers in the information technology (IT) hubs and commercial establishments for curbing unauthorized entries and data breaches is also contributing to the market growth. Apart from this, the introduction of advanced technologies, such as contactless and vein recognition is contributing to the market growth. Moreover, rising construction of smart homes and increasing disposable incomes have led to the requirement for biometric-based security systems, which is positively influencing the market growth across the country.
Indian Access Control Biometric Reader Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the indian access control biometric reader market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- ZKTeco Biometrics India Pvt. Ltd
- Mantra Softech (India) Pvt. Ltd
- Honeywell International India Pvt. Ltd
- Tyco Security Products
- Realtime Biometric Co. Ltd
- IDEMIA Ltd
- HID India Pvt. Ltd
Key Market Segmentation:
The report has segmented the indian access control biometric reader market on the basis of technology, type, authentication, end-user and region.
Breakup by Technology:
- Face Recognition
- Face Recognition and Fingerprint
- Iris Recognition
- Fingerprint, Face and Iris Recognition
- Fingerprint and Iris Recognition
- Iris and Face Recognition
- Vein Recognition
Breakup by Type:
Breakup by Authentication:
- Single-Factor Authentication
- Multi-Factor Authentication
Breakup by End-User:
- Manufacturing and Industrial
Breakup by Region:
- South India
- North India
- West and Central India
- East India
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-access-control-biometric-reader-market
Key highlights of the report:
- Market Performance (2014-2019)
- Market Outlook (2020-2025)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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