DUBLIN--(BUSINESS WIRE)--The "Indian Access Control Reader Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The publisher expects the market to grow at a CAGR of around 13% during 2020-2025.
The Indian access control reader market reached a value of INR 13.6 Billion in 2019. 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 Questions Answered in This Report:
- How has the Indian access control reader market performed so far and how will it perform in the coming years?
- What is the breakup of the Indian access control reader market based on the reader type?
- What is the breakup of the Indian access control reader market based on the end user?
- What is the breakup of the Indian access control reader market based on the region?
- What are the various stages in the value chain of the Indian access control reader market?
- What are the key driving factors and challenges in the Indian access control reader market?
- What is the structure of Indian access control reader industry and who are the key players?
- What is the degree of competition in the Indian access control reader market?
Key Topics Covered:
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Indian Access Control Reader Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Reader Type
6.1 Card Based Readers
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Biometric Based Readers
126.96.36.199 Face Recognition
188.8.131.52 Face Recognition and Fingerprint
184.108.40.206 Iris Recognition
6.2.2 Market Forecast
7 Market Breakup by End-User
7.1.1 Market Trends
7.1.2 Market Forecast
7.4 Manufacturing and Industrial
8 Market Breakup by Region
8.1 South India
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 North India
8.3 West and Central India
8.4 East India
9 SWOT Analysis
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Indicators
12.1 Key Price Indicators
12.2 Price Structure
12.3 Margin Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
14 Key Player Profiles
14.2 Gemalto (3M Cognet)
14.3 HID India Pvt Ltd
14.4 Honeywell International India Pvt. Ltd
14.5 IDEMIA Ltd.
14.6 Mantra Softech (India) Pvt. Ltd
14.7 Matrix Comsec Pvt. Ltd
14.8 Realtime Biometric Co. Ltd
14.9 Tyco Security Products
14.10 ZKTeco Biometrics India Pvt. Ltd
For more information about this report visit https://www.researchandmarkets.com/r/yvh0f0