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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

India Biometrics Market Outlook 

The India biometrics market size reached a value of almost USD 2.93 billion in the year 2023. The India biometrics market is further expected to grow at a CAGR of 14.5% between 2024 and 2032 to reach a value of almost USD 9.92 billion by 2032.     

India Biometrics Market

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The India biometrics market is driven by the rising integration of the product in consumer electronics. The country has witnessed enormous growth in recent years due to its growing adoption of biometrics within government as well as private sectors. The India biometrics market is supporting the growth of the global biometrics market, which is finding impetus in the rising adoption of biometric technologies by banks and organisations to help prevent fraudulent activities.

Market Segmentation

Biometrics is a technological authentication method that is utilised in information assurance (IA) for secure access, entry, or data. It fundamentally relies on scanning their physical or biological characteristics, like the face, iris, DNA, palm, fingerprint, retina, and palm veins, which are hard to forge or duplicate. It provides more accurate identification and minimises the risk of undesirable intrusion. Consequently, biometrics technologies are extensively used in banks, public libraries, colleges, schools, corporate and government offices, and consumer electronics like smartphones and tablets.

India Biometrics Market  By Component

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The biometrics market is segmented on the basis of technology into:

  • Face Recognition
  • Hand Geometry
  • Voice Recognition
  • Signature Recognition
  • Iris Recognition
  • AFIS
  • Non-AFIS
  • Others

On the basis of functionality, the market is divided into:

  • Contact
  • Non-Contact
  • Combined  

By authentication, the biometrics market is divided into:

  • Single-Factor Authentication
  • Multifactor Authentication

On the basis of component, the market is bifurcated into:

  • Hardware  
  • Software

On the basis of end-use, the market is divided into:

  • Government
  • Defence Services
  • Banking and Finance
  • Consumer Electronics
  • Healthcare  
  • Commercial Safety and Security
  • Transport/Visa/Logistics
  • Others  

The report also covers the regional markets of biometrics in India like North India, West and Central India, South India, and East India. 

India Biometrics Market By Region

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Market Analysis 

The India biometrics market is driven by the rising adoption of several biometric means such as facial, fingerprint, and voice recognition to authenticate their identity, as well as to make payments. The government of India is also using biometric technologies for the purpose of identification and verification of individuals in different e-Governance applications such as E-Passport, UIDAI (Aadhar), Driving License, and RSBY (Rashtriya Swasthya Bima Yojna), among others, thus, supporting the market growth of biometrics in India. Other factors aiding the market growth include an increasing number of smartphone users, enhancing internet connectivity, and growing security concerns.

Competitive Landscape 

The report gives a detailed analysis of the following key players in the India biometrics market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • IDEMIA
  • SecuGen India Pvt. Ltd
  • NEC Technologies India Private Limited 
  • 4G Identity Solutions.
  • Honeywell Automation India Limited
  • Others  

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Technology
  • Functionality
  • Authentication
  • Component
  • End Use
  • Region
Breakup by Technology
  • Face Recognition
  • Hand Geometry
  • Voice Recognition
  • Signature Recognition
  • Iris Recognition
  • AFIS
  • Non-AFIS
  • Others
Breakup by Functionality
  • Contact
  • Non-Contact
  • Combined
Breakup by Authentication
  • Single-Factor Authentication
  • Multifactor Authentication
Breakup by Component
  • Hardware
  • Software
Breakup by End Use
  • Government
  • Defence Services
  • Banking and Finance
  • Consumer Electronics
  • Healthcare
  • Commercial Safety and Security
  • Transport/Visa/Logistics
  • Others
Breakup by Region
  • North India
  • West and Central India
  • South India
  • East India
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • PESTEL Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • IDEMIA
  • SecuGen India Pvt. Ltd
  • NEC Technologies India Private Limited 
  • 4G Identity Solutions.
  • Honeywell Automation India Limited
  • Others  
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the India biometrics market attained a value of nearly USD 2.93 billion. 

The market is projected to grow at a CAGR of 14.5% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 9.92 billion by 2032.

The major drivers of the market include growing integration of biometrics within government and private sectors, increased acceptance of technology, growing government initiatives to create awareness among consumers, increase in the number of smartphone users, and rising internet penetration in the country.

The key trends guiding the growth of the biometrics market in India include the rapid technological advancements and the growing need for advanced security systems.

The major regions in the market are North India, West and Central India, South India, and East India. 

The major biometrics technologies in the market include face recognition, hand geometry, voice recognition, signature recognition, iris recognition, AFIS, and non-AFIS, among others.

Contact, non-contact, and combined are the biometrics functionalities available in the market.

Single-factor authentication and multifactor authentication are the significant authentications in the market.

Hardware and software are the components of biometrics in the market. 

The major end uses of biometrics include sectors like government, defence services, banking and finance, consumer electronics, healthcare, commercial safety and security, and transport/visa/logistics, among others.

The key players in the India biometrics market are IDEMIA, SecuGen India Pvt. Ltd, NEC Technologies India Private Limited, 4G Identity Solutions., and Honeywell Automation India Limited, among others.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124