PUBLISHER: IMARC | PRODUCT CODE: 1423422
PUBLISHER: IMARC | PRODUCT CODE: 1423422
The India biometrics market size reached INR 21,541.1 Crores in 2023. Looking forward, IMARC Group expects the market to reach INR 65,858.3 Crores by 2032, exhibiting a growth rate (CAGR) of 12.8% during 2024-2032.
Biometrics is the process using which an individual's unique physical and other traits can be recorded by an electronic device as a way to confirm identity. The market for biometrics in India has witnessed strong growth in recent years as a result of its increasing adoption across both government and private sectors. Consumers are increasingly adopting various biometric means such as fingerprint, facial, and voice recognition, to verify their identity as well as to make payments. The Indian government is also adopting biometric technologies for identification and verification of individuals in various e-Governance applications such as UIDAI (Aadhar), E-Passport, RSBY (Rashtriya Swasthya Bima Yojna), Driving License, etc. Some of the other factors driving the Indian biometrics market include rising number of smart phone users, improving internet connectivity, increasing security concerns, etc.
IMARC Group provides an analysis of the key trends in each sub-segment of the India biometrics market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on technology, functionality, authentication, component and end-user.
North India
West and Central India
South India
East India
Face Recognition
Hand Geometry
Voice Recognition
Signature recognition
Iris recognition
AFIS
Non-AFIS
Others
Contact
Non-contact
Combined
Single-Factor Authentication
Multifactor Authentication
Hardware
Software
Government
Defense Services
Banking and Finance
Consumer Electronics
Healthcare
Commercial Safety and Security
Transport/Visa/Logistics
Others
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
PESTEL Analysis
Government Regulations
The report has also analysed the competitive landscape of the biometrics market with some of the key players being IDEMIA, Secugen India Pvt. Ltd., NEC Technologies India Pvt. Ltd, 4G Identity Solutions, HID Corporation, eSSL Security, 3M India Ltd, Honeywell International Inc., Zicom Saas Pvt. Ltd., and Matrix Comsec Pvt. Ltd.
This report provides a deep insight into the India biometrics market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for biometrics manufacturers, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the India biometrics market in any manner.