The Indian access control Market reached a value of INR 39.4 Billion in 2019. Access control system recognizes, authenticates, and authorizes the entry and exit of an authorized person into the premises ensuring complete security. The access control systems can either use biometric or proximity/smart cards. Owing to the rising security concerns, along with the increasing crime rates in India, these devices are majorly deployed in data centers, offices, hotels, retail stores, entertainment stores, government institutions, banks, etc.
Several factors, such as the rapid installation of access control systems across commercial and defense sectors, are currently bolstering the market growth in India. Various private and government entities are investing in enhanced security systems for data protection and providing a safer and secure environment for their employees. The urbanized regions of the country, such as Hyderabad, Chennai, Bangalore, Delhi-NCR, Mumbai, etc. have made impressive progress in advancing their security systems, pertaining to government buildings, IT hubs and commercial spaces. Moreover, the introduction of technologically advanced, contactless smart cards for diversified applications, further catalyzes the product demand, based on their user-friendly and seamless experience. Apart from this, due to the escalating crime incidents in the country, various commercial premises such as IT companies, enterprises, data centers, etc. are installing access control systems to protect personnel and data breaches as well as for recording employees’ entry and exit timings. Looking forward, the analyst expects the market to grow at a CAGR of around 14% during 2020-2025.
Market Breakup by Component
Controller Reader Locks Software
Market Breakup by Type
Card Based Contact Contactless Biometric Based Fingerprint Face Recognition Face Recognition and Fingerprint Iris Recognition Others
Market Breakup by End user
Government Commercial Healthcare Manufacturing and Industrial Transport Education Residential Others
Market Breakup by Region
South India North India West and Central India East India
Competitive Landscape: The report has also examined the competitive landscape of Indian access control market. Some of the major 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 Questions Answered in This Report: How has the Indian access control market performed so far and how will it perform in the coming years? What is the breakup of the Indian access control market based on the component? What is the breakup of the Indian access control market based on the type? What is the breakup of the Indian access control market based on the end user? What is the breakup of the Indian access control market based on the region? What are the various stages in the value chain of the Indian access control market? What are the key driving factors and challenges in the Indian access control market? What is the structure of the Indian access control industry and who are the key players? What is the degree of competition in the Indian access control market?
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Gross Domestic Product
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