Indian Access Control Biometric Reader Market 2022-2027 Competitive Analysis and Segmentation

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According to the latest report by IMARC Group, titled “Indian Access Control Biometric Reader Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the Indian access control biometric reader market size reached INR 6,666.5 Million in 2021. Looking forward, IMARC Group expects the market to reach INR 1,6630.6 Million by 2027, exhibiting a growth rate (CAGR) of 16.4% during 2022-2027. 

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Biometrics represents the computer-generated binary code that is generated upon the recognition of the face, palm veins, voice, iris, fingerprints, etc., of a person. The access control biometric reader supervises the entry of an authorized person into facilities, depending upon the biological recognition. This system can be standalone or centralized and uses single- or multi-factor authentication. As a result, access control biometric readers find widespread applications across various sectors, such as commercial, healthcare, manufacturing, industrial, transport, education, residential, etc. 

Indian Access Control Biometric Reader Market Trends:

The escalating demand for these authentication systems in government facilities, on account of their high-security conditions and efficient data filtering properties, is among the primary factors driving the Indian access control biometric reader market. Besides this, the elevating need for these readers in metropolitan cities, owing to the presence of several IT hubs and commercial offices that require premium security systems to curb threats related to data breaching and unauthorized entries, is further augmenting the market growth. Apart from this, the growing popularity of access control biometric readers in smart homes of consumers and the rising disposable income levels of the masses are also catalyzing the market across India. Moreover, the introduction of the latest advanced technologies, including hand geometry and contactless vein recognition, by the leading players is expected to bolster the Indian access control biometric reader market in the coming years. 

Indian Access Control Biometric Reader Market 2022-2027 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:

• 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 biometric 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

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• 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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