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Press release content from Business Wire. The AP news staff was not involved in its creation.

Indian Access Control Reader Market Expected to Grow with a CAGR of 13% During the Forecast Period, 2020-2025 - ResearchAndMarkets.com

January 13, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 13, 2020--

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:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

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 Introduction

4.1 Overview

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 Contact Contactless

6.1.2 Market Forecast

6.2 Biometric Based Readers Fingerprint Face Recognition Face Recognition and Fingerprint Iris Recognition Others

6.2.2 Market Forecast

7 Market Breakup by End-User

7.1 Government

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Commercial

7.3 Healthcare

7.4 Manufacturing and Industrial

7.5 Transport

7.6 Education

7.7 Residential

7.8 Others

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

9.1 Overview

9.2 Strengths

9.3 Weaknesses

9.4 Opportunities

9.5 Threats

10 Value Chain Analysis

11 Porters Five Forces Analysis

11.1 Overview

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

14.1 ESSL

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

View source version on businesswire.com:https://www.businesswire.com/news/home/20200113005422/en/

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SOURCE: Research and Markets

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PUB: 01/13/2020 06:20 AM/DISC: 01/13/2020 06:21 AM