Research and Markets: India's Biometrics Market in India Expected to Grow at a Robust CAGR of over 35% Till 2020, New Report Says

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/l98q24/india_biometrics) has announced the addition of the "India Biometrics Market Forecast and Opportunities, 2020" report to their offering.

Growth in the Indian biometrics market is anticipated on account of increasing use of various biometric products in government and BFSI sector across the country. Increasing use in corporate houses, schools and industries for time and attendance monitoring, coupled with rising demand from IT / ITeS to authenticate access to confidential data, are other factors that are expected to propel market growth over the next five years. The largest player in India biometrics market is HID, followed by SecuGen, NEC, eSSL, 3M, and Honeywell. Most of these major companies operate in India by importing products and subsequently supplying them through their distributors in the country.

Biometrics includes diverse set of technologies used for measuring and analysing human body characteristics, such as fingerprints, eye retinas, facial patterns, voice patterns, etc. for authentication purposes. Adoption of biometrics technology has been constantly increasing in India over the last five years. In addition to the most prominent popular method of biometric authentication, that is fingerprint recognition, other means of biometric authentication are rapidly gaining traction in the country due to growing need for data security in diverse sectors. Government projects such as issuance of e-passports and visas, and the Aadhaar system under UIDAI (Unique Identification Authority of India), which employ biometric systems for identification and authentication purposes, have been hugely boosting the use of biometric technology.

Key Topics Covered

  1. Research Methodology
  2. Analyst View
  3. Product Overview
  4. Global Biometrics Market Overview
  5. India Biometrics Market Outlook
  6. India Fingerprint Recognition Biometrics Market Outlook
  7. India Iris Recognition Biometrics Market Outlook
  8. India Facial Recognition Biometrics Market Outlook
  9. India Voice Recognition Biometrics Market Outlook
  10. India Other Biometric Technologies Market Outlook
  11. India Biometrics Market Distribution Channel Analysis
  12. Market Dynamics
  13. Market Trends & Developments
  14. Policy & Regulatory Landscape
  15. India Economic Outlook
  16. Competitive Landscape
  17. Strategic Recommendations

Companies Mentioned

- 3M India

- eSSL Security

- 4G Identity Solutions

- HID India

- Honeywell Automation

- Matrix Comsec

- NEC India

- Sagem Morpho Security

- SecuGen India

- Zicom Electronic Security Systems

For more information visit http://www.researchandmarkets.com/research/l98q24/india_biometrics

Contacts

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press@researchandmarkets.com
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Sector: Computing and Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Computing and Technology