Maximize Market Research's latest report, " India Biometrics Market Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
India Biometrics Market had reached a value of US$ XX Bn in 2018. Looking forward, the market is projected to grow at a CAGR of around XX% during forecast period reaching a value of US$ 4.1 Bn by 2026.
India Biometrics Market Overview
The report covers all the Indian trends and technologies playing a major role in the growth of the biometrics market over the forecast period. It highlights the drivers, restraints, opportunities, and challenges expected to influence the market growth during 2019-2026. Development in the market is projected because of the wide deployment of biometrics technology across various government projects like the Aadhaar program (UIDAI), coupled with the issuance of visas and E-passports, etc.
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India Biometrics Market Major Market Players
• IDEMIA
• SecuGen India Pvt.Ltd
• NEC India Pvt. Ltd
• 4G Identity Solutions Pvt.Ltd
• HID India Private Limited
• eSSL Security
• 3M India Ltd
• Honeywell Automation India Ltd
• Zicom Electronic Security Systems Ltd
• Matrix Comsec Pvt. Ltd
• Mantra Softech (India) Pvt. Limited
• AutoID Systems
• Bioenable Technologies Pvt. Limited
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of India Biometrics Market by Types and Applications:
India Biometrics Market, by Technology
• Face Recognition
• Hand Geometry
• Voice Recognition
• Signature recognition
• Iris recognition
• AFIS
• Non-AFIS
• Others
India Biometrics Market, by Functionality
• Contact
• Non-contact
• Combined
India Biometrics Market, by Authentication
Single-Factor Authentication
• Multifactor Authentication
India Biometrics Market, by Component
• Hardware
• Software
India Biometrics Market, by End-User
• Government
• Defense Services
• Banking and Finance
• Consumer Electronics
• Healthcare
• Commercial Safety and Security
• Transport/Visa/Logistics
• Others
The report has covered the market size by country (regions) for the India Biometrics market.
Analysis of the India Biometrics Market Share and Competitive Landscape:
This report provides a detailed analysis of the India Biometrics Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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