Market Overview 2024-2032:
The Indian access control biometric reader market size reached INR 9,125.1 Million in 2023. Looking forward, IMARC Group expects the market to reach INR 30,408.6 Million by 2032, exhibiting a growth rate (CAGR) of 13.9% during 2024-2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
INR 9,125.1 Million |
Market Forecast in 2032
|
INR 30,408.6 Million |
Market Growth Rate 2024-2032 |
13.9% |
Biometrics refers to the computer-generated binary code that is generated upon the recognition of person’s face, iris, palm-veins, voice, and fingerprints, among several others. The access control biometric reader manages the entry of an authorized person into facilities, based upon biological recognition. In India, the access control biometric readers are rapidly being installed in banks, airports, hospitals, offices, and other commercial and residential spaces.
Several factors are currently driving the Indian access control biometric reader market, rapid urbanization being the prominent one. The access control biometric readers are usually installed in government entities based on their efficient data filtering properties and high-security requirements of such setups. The metropolitan cities of India exhibits high product demand due to the presence of several government institutions, IT hubs, and commercial offices. These buildings require premium security systems for curbing any threats related to unauthorized entries and data breaching. Moreover, the wide availability of biometric-based devices, coupled with the increasing disposable income levels of the consumers, has augmented the installations of biometric-based security systems in smart homes. Apart from this, the introduction of newer and advanced biometric technologies, such as contactless, vein recognition, and hand geometry, has positively influenced the product efficiency. All the above-mentioned factors will continue to fuel the growth of the Indian access control biometric reader market in the forthcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the Indian access control biometric reader market report, along with forecasts at the country and regional levels from 2024-2032. Our report has categorized the market based on technology, type, authentication and end-user.
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:
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
Competitive Landscape:
The report has also examined the competitive landscape of the Indian Access Control Biometric Reader market. Some of the major 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 and Suprema.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
INR Million |
Segment Coverage |
Technology, Type, Authentication, End-User, Region |
Region Covered |
South India, North India, West and Central India, East India |
Companies Covered |
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 |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Indian access control biometric reader market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Indian access control biometric reader market?
- What is the breakup of the Indian access control biometric reader market based on the technology?
- What is the breakup of the Indian access control biometric reader market based on the type?
- What is the breakup of the Indian access control biometric reader market based on the authentication?
- What is the breakup of the Indian access control biometric reader market based on the end-user?
- What is the breakup of the Indian access control biometric reader market based on the region?
- What are the various stages in the value chain of the Indian access control biometric reader market?
- What are the key driving factors and challenges in the Indian access control biometric reader market?
- What is the structure of the Indian access control biometric reader industry and who are the key players?
- What is the degree of competition in the Indian access control biometric reader market?