Indian Access Control Market Size and Share 2027: Market Overview With Detailed Analysis and Competitive Landscape

IMARC Group has recently released a new research study titled "Indian Access Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The Indian access control market size reached INR 55.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 126.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.72% during 2022-2027 Access control systems are electronic systems that use biometric and proximity cards to recognize, authorize, and authenticate the entry and exit of a person on the premises. It compels the user to require specific mandatory credentials, thereby protecting against intruders and ensuring security. Access control systems help meet the security requirements of a facility and eliminate the need for traditional security systems. Consequently, they are extensively used across retail stores, hotels, government institutes, entertainment stores, and banks.

Year considered to estimate the market size:

Base year of the analysis: 2021
Historical period: 2016-2021
Forecast period: 2022-2027

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Indian Access Control Market Trends:

The Indian access control market is primarily driven by the rising crime rates in the country and the increasing awareness regarding home security systems. In line with this, the increasing cases of security breaches have compelled commercial premises, such as enterprises, IT companies, and data centers, to employ access control systems, which is propelling the market growth. Apart from this, rapid technological advancements, such as the introduction of contactless biometrics and smart card solutions and the increasing deployment of wireless security systems, are factors creating a positive outlook for the market.

Indian Access Control Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the Indian access control market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

ESSL
Gemalto (3M Cognet)
HID India Pvt. Ltd.
Honeywell International India Pvt. Ltd
IDEMIA Ltd.
Mantra Softech (India) Pvt. Ltd
Matrix Comsec Pvt. Ltd.
Realtime Biometric Co. Ltd
Tyco Security Products
ZKTeco Biometrics India Pvt Ltd.

Key Market Segmentation:

The report has segmented the Indian access control market on the basis of component, type, end user and region.

Breakup by Component

Controller
Reader
Locks
Software

Breakup by Type

Card Based
  Contact
  Contactless
Biometric Based
Fingerprint
Face Recognition
Face Recognition and Fingerprint
Iris Recognition
Others

Breakup by End User

Government
Commercial
Healthcare
Manufacturing and Industrial
Transport
Education
Residential
Others

Breakup by Region

South India
North India
West and Central India
East India

Ask Analyst for Customization and Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1787&flag=C

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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