India Biometrics Authentication & Identification Market 2015-2020 - The Market is Estimated to Grow at a CAGR of 16.47% From 2015 to 2020

Jan 13, 2016, 09:10 ET from Research and Markets

DUBLIN, January 13, 2016 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7h6hnn/india_biometrics) has announced the addition of the "India Biometrics Authentication & Identification Market - Estimation & Forecast (2015-2020)"  report to their offering. 

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The growth of Biometrics in India is projected to be huge on account of the proliferated uses of biometric devices in public as well as private sectors. The need for enhanced security and to authenticate the access to confidential data has made the use of biometric devices mandatory for better performance of the organization. The report segments the market by end-user and geography. The market's end users include banking and financial firms, government, consumer electronics, defense, healthcare, home security and safety, transport and logistics, visa authentication services, commercial safety and security, and others (retail, hospitality, automobile and gaming). 

The report finds the major drivers for the face and voice biometrics market include growth in e-passport program, government support, biometrics in smartphones, use of biometric technology in banking and healthcare, extensive use in criminal identification, use of biometric technologies in election administration and growing need for large scale supervision at public meetings. 

The Indian biometric market value is anticipated to grow from $823.46 million in 2014 to $2.06 billion in 2020 at an estimated CAGR of 16.47% from 2015 to 2020. The Government segment is acquiring major share of the market as most of the biometrics devices are deployed in law enforcement, local security, and travel and immigration sectors. The Consumer Electronics are foreseen to have high potential growth by the end of 2020 due to the demand of biometrics integrated devices and rising concern for privacy and security among users. 

Key Topics Covered: 

1 Report Scope 

2 Executive Summary 

3 Market Dynamics 

4 Indian Biometric Authentication Market 

5 Indian Biometric Authentication And Identification Market , By Motility 

6 Indian Biometrics Identification And Authentication Market, By Application 

7 Company Profiles 

Companies Mentioned 

  • 3M Cogent
  • Crossmatch
  • Essl
  • Safran Morpho
  • Symantec

For more information visit http://www.researchandmarkets.com/research/7h6hnn/india_biometrics


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