According to the latest report by IMARC Group, titled “Indian Access Control 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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An access control reader enables the entry and exit of an authorized person into and from the premises. It assists in scanning the requisite credentials that permit the entrance of a person through access control points. Based on the type, access card readers include key card readers, keypad readers, two-factor authentication readers, biometric fingerprint readers, etc. They are widely utilized across numerous sectors, such as healthcare, manufacturing, transportation, education, etc.
The growing demand for access control in commercial spaces to monitor employee activities and curb asset thefts is one of the primary factors driving the Indian access control reader market. In line with this, the increasing product utilization in data centers, government institutions, banks, hotels, retail stores, etc., to prohibit unauthorized access is further catalyzing the market growth. Moreover, the elevating requirement for premium and enhanced access control technologies in the defense sector, owing to the expanding risks of terrorist attacks, is also augmenting the market growth across the country. Besides this, access control readers aid in reducing the need for surveillance and minimizing overhead security expenditures, which is acting as another significant growth-inducing factor. Additionally, the introduction of contactless smart cards and the inflating popularity of smart homes are expected to bolster the Indian access control reader market over the forecasted period.
Indian Access Control Reader Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the indian access control 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:
- ESSL
- 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
- Suprema
Key Market Segmentation:
The report has segmented the indian access control reader market on the basis of technology, type, authentication, end-user and region.
Breakup by Technology:
- Fingerprint
- Face Recognition
- Face Recognition and Fingerprint
- Iris Recognition
- Fingerprint, Face and Iris Recognition
- Fingerprint and Iris Recognition
- Iris and Face Recognition
- Contactless
- Vein Recognition
- Others
Breakup by Type:
- Standalone
- Centralized
Breakup by Authentication:
- Single-Factor Authentication
- Multi-Factor Authentication
Breakup by End-User:
- Government
- Commercial
- Healthcare
- Manufacturing and Industrial
- Transport
- Education
- Residential
- Others
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.
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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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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