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The Indian access control biometric reader market grew at a CAGR of 18% during 2014-2019. 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. Looking forward, IMARC Group expects the market to continue its double digit growth during 2020-2025.
Market Breakup by Technology
Market Breakup by Type
Market Breakup by Authentication
Market Breakup by End user
Market Breakup by Region
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, Matrix Comsec Pvt. Ltd., Honeywell International India Pvt. Ltd, Tyco Security Products, Realtime Biometric Co. Ltd, IDEMIA Ltd, HID India Pvt. Ltd and Suprema.
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