Biometrics Market in India 2010–2014 2010–2014 Biometrics by InfinitiResearch

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									2010–2014   Biometrics Market in India




                              technavio insights
2010–2014                   Biometrics Market in India




            CONTENTS


            01. Executive Summary ..............................................1

            02. Introduction ...........................................................2

            03. Market Coverage .................................................4

            04. Market Landscape ................................................5

            05. Market Growth Drivers ..........................................8

            06. Market Challenges .............................................10

            07. Market Trends ......................................................12

            08. Vendor Landscape .............................................14

            09. Key Vendor Analysis ...........................................15
            09.1 Sagem Morpho Securities Pvt Ltd. .................................... 15

            09.2 Suprema Inc. ........................................................................ 17

            09.3 NEC India Pvt. Ltd. ............................................................... 19

            09.4 enterprise Software Solutions Labs (eSSL) ........................ 21

            09.5 4G Identity Solutions Pvt. Ltd. ............................................ 21

            09.6 HCL Security Ltd................................................................... 22

            10. Other Reports in this Series .................................23




2010–2014                                                             Biometrics Market in India
2010–2014              Biometrics Market in India




            EXHIBITS

            Exhibit 1: Biometrics Market in India 2010–2014 (US$
                       million) ....................................................................................5

            Exhibit 2: Biometrics           Market           in     India        by       Vertical
                       Segmentation 2010 ..............................................................6




2010–2014                                                                  Biometrics Market in India
Biometrics Market in India                                                                                1

      01. Executive Summary
                                   2010: US$121 million
       Market Size
                                   2014: US$702 million

       Growth Rate                 CAGR of 42.4 percent

       Key Geography               India

                                   Government
       Key           Customer      Corporate Bodies
       Segments                    Transport Authorities
                                   Educational Institutes

                                   Biometric Solutions to Enterprises
                                   Latest Technology in Demand
       Trends
                                   Replacement of Conventional Authentication
                                   Increase in User Acceptance

                                   Growing Government Mandates for Biometric Authentication
                                   Need for Better Security Management
       Drivers                     Convergence of Security Access Control and Technology
                                    Advancement
                                   Growing Range of Applications

                                   Lack of Unified Standards
                                   Low Awareness of Biometrics
       Challenges
                                   Inadequate Expertise and Investments
                                   Lack of Domestic Development in Biometrics

                                   High Security with Low Failure Rate
       Key Customer Needs          Flexible System
                                   High Reliability

                                   Sagem Morpho Securities Pvt. Ltd.
       Key Vendors                 Suprema Inc.
                                   NEC India Pvt. Ltd.




2010–2014                                                                        Biometrics Market in India
Biometrics Market in India                                                                                    2

      02. Introduction
      Biometrics or biometric authentication is the method of recognizing an individual based upon
      one or more intrinsic, unique physical traits/characteristics. Biometrics is a fast-growing
      technology and is emerging as a crucial area of the Security and Identity market in India. Th
								
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