DUBLIN, August 28, 2013 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/s58zpw/india_biometrics) has announced the addition of the "India Biometrics Market Forecast and Opportunities, 2018" report to their offering.
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Biometrics Market in India to Generate USD 2 Billion (Rs. 10,000 Crore) Revenues by 2018
The biometric security systems are new and progressive products in India. With the rapidly escalating industrialization and huge population the demand for biometric systems in India is much higher than many developed nations. The usage of biometrics helps in increasing the productivity and embellishes performance of the organizations. These biometric technologies assist in increasing the productivity, revenue, cash flow, etc. Government of India's initiatives pertaining to the identity of citizens - e-passports, national ID projects, UIDAI projects, employee benefit schemes - are pushing the envelope for Biometrics. With mounting Governments focus in the recently initiated smart safe city projects that require the deployment of advanced systems and management solutions across different layers of a city's infrastructure is further set to boost the sales of biometrics systems in the country.
According to India Biometrics Market Forecast & Opportunities, 2018, the biometrics market in India is expected to cross USD 2 Billion revenues by 2018. The main factors which are driving the growth of biometrics market are lack of data protection, improper border security, terrorist threat, population growth and continual technological changes. The challenges which are being faced by the biometric industries are rough hands and cataract problems, lack of innovation, implementation of biometrics at a grassroots level and cost of production. The major players in biometrics industry are Morpho (Safran) Group, 3M Cogent, NEC Corp. and BioEnable Technologies.
India Biometrics Market Forecast & Opportunities, 2018 discusses the following aspects related to biometrics market in India:
- India Biometrics Market Size, Share & Forecast
- Technology Segmental Share Analysis
- India Economic Profile
- Market Trends & Developments
- Competitive Landscape & Strategic Recommendations
Key Topics Covered:
1. Executive Summary
2. Global Biometrics Market
3. India Biometrics Market
4. Fingerprint Recognition
5. Iris/Retinal Recognition
6. Facial Recognition
7. Voice Recognition
8. Other Recognitions
9. Distribution Channel Analysis
10. Market Dynamics
11. Market Trends & Developments
12. Industry Risk Analysis
13. India Economic Profile
14. Competitive Landscape
- 3M Cogent
- 4G Identity Solutions
- Aarya Ites Pvt. Ltd.
- Bioenable Technologies
- Morpho (Safran) Group
- Motorola Solutions
- NEC Corp.
- Smart Identity Devices Pvt. Limited
- Suprema Inc
15. Strategic Recommendations
For more information visit http://www.researchandmarkets.com/research/s58zpw/india_biometrics
SOURCE Research and Markets