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Indian Access Control Reader Market Report by Reader Type (Card Based Reader, Biometric Based Reader), End-User (Government, Commercial, Healthcare, Manufacturing and Industrial, Transport, Education, Residential, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A1789
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Market Overview:
The Indian access control reader market size reached INR 22.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach INR 54.0 Billion by 2032, exhibiting a growth rate (CAGR) of 9.9% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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INR 22.5 Billion |
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Market Forecast in 2032
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INR 54.0 Billion |
| Market Growth Rate 2024-2032 | 9.9% |
An access control reader is one of the major components of the access control system that is installed near the entry and exit of the premises. An access control reader is used in physical security systems to scan the credentials that authorize the entrance of a person through access control points. In recent years, the market for access control readers in India has witnessed strong growth due to its increasing adoption of security devices across both government and private sectors.
One of the major factors driving the demand for access control readers is their increasing popularity in commercial spaces to record or monitor employee activities and curbing asset thefts. Moreover, several infrastructural facilities, such as data centers, banks, financial centers, hotels, and shopping malls, are increasingly adopting access control technologies to control unauthorized access and data breaches. Furthermore, the increasing threat of terrorism and criminal activities have augmented the installations of premium and enhanced security systems in government and private organizations. Apart from this, access control readers significantly reduce the need for manned surveillance, thereby reducing security expenditures. Some of the other factors fueling the growth of the Indian access control readers market include improved security identity management, rapid urbanization, growing industrialization, the introduction of contactless smart cards, and growing trends of smart homes, among several others.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the Indian access control reader market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on reader type and end-user.
Breakup by Reader Type:
- Card Based Reader
- Contact
- Contactless
- Biometric Based Reader
- Fingerprint
- Face Recognition
- Face Recognition and Fingerprint
- Iris Recognition
- Others
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 India access control reader market. Some of the major players are ESSL, Gemalto (3M Cognet), HID India Pvt. Ltd., Honeywell International India Pvt. Ltd, IDEMIA Ltd., Mantra Softech (India) Pvt. Ltd, Matrix Comsec Pvt. Ltd., Realtime Biometric Co. Ltd, Tyco Security Products and ZKTeco Biometrics India Pvt. Ltd.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | INR Billion |
| Segment Coverage | Reader Type, End-User, Region |
| Region Covered | South India, North India, West and Central India, East India |
| Companies Covered | ESSL, Gemalto (3M Cognet), HID India Pvt. Ltd., Honeywell International India Pvt. Ltd, IDEMIA Ltd., Mantra Softech (India) Pvt. Ltd, Matrix Comsec Pvt. Ltd., Realtime Biometric Co. Ltd, Tyco Security Products and ZKTeco Biometrics India Pvt. Ltd. |
| 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) |
The Indian access control reader market was valued at INR 22.5 Billion in 2023.
We expect the Indian access control reader market to exhibit a CAGR of 9.9% during 2024-2032.
The rising threat of terrorism and criminal activities, along with the increasing installations of premium and enhanced security systems, such as access control readers, in government and private organizations to reduce the need for manned surveillance, are primarily driving the Indian access control reader market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of access control readers as multifactor authentication systems, owing to the escalating number of cyberattacks, during the remote working scenario across the nation.
Based on the reader type, the Indian access control reader market has been segregated into card based reader and biometric based reader. Currently, card based reader holds the largest market share.
Based on the end-user, the Indian access control reader market can be bifurcated into government, commercial, healthcare, manufacturing and industrial, transport, education, residential, and others. Among these, government exhibits a clear dominance in the market.
On a regional level, the market has been classified into South India, North India, West and Central India, and East India, where South India currently dominates the Indian access control reader market.
Some of the major players in the Indian access control reader market include ESSL, Gemalto (3M Cognet), HID India Pvt. Ltd., Honeywell International India Pvt. Ltd, IDEMIA Ltd., Mantra Softech (India) Pvt. Ltd, Matrix Comsec Pvt. Ltd., Realtime Biometric Co. Ltd, Tyco Security Products, and ZKTeco Biometrics India Pvt. Ltd.
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