Amongst all available biometrics technologies, fingerprint biometrics technology is the largest revenue-generating technology in India. Headed by the government, travel & transportation projects such as national IDs, driving licenses, e-passports & visas, and MNREGA, the fingerprint biometrics market is expected to reach new heights in the forecast period.
According to 6Wresearch, India's Fingerprint Biometrics Market is projected to grow at a CAGR of 35.1% during 2014-20. Ease of installation & usage and lower cost have led to the rapid adoption of fingerprint biometrics technology systems in the country.
In the forecast period, government, travel & transportation application would continue to maintain their dominance; however, higher growth is anticipated in other applications markets, especially, healthcare, retail, and banking & finance. Increasing IT spending, 24x7 security, data thefts, and shortcomings of smart card-based access control systems have fuelled the market for fingerprint biometrics technology across all application markets.
Sagem Morpho, 3M, and NEC are the key players of the market, which have generated the majority of their market revenues from government, travel & transportation application.
India fingerprints biometrics market is anticipated to witness progressive growth in the forthcoming years on the back of the rising potential growth of the corporate sector in the country. The increase in the growth of the tech-savvy population along with the growing young working population has led to spending high to purchase their desired things and the apple phone is one of them concurrently the rising fingerprints biometrics option for extreme privacy and is estimated to leave a positive impact on the market growth in the country. In the country, the most using fingerprints biometrics solution at times of adhaar card and is estimated to remain to continue as the rising birth rate and is likely to bolster the growth of the India fingerprints biometrics market in the coming timeframe.
Key features of the report:
• Global Biometrics Market Revenues.
• Historical data of India's Biometrics Market for the Period 2010-2013.
• Market Revenue Size & Forecast for India's Biometrics Market until 2020.
• Market Volume Size & Forecast for India's Biometrics Market until 2020.
• Market Revenue Size & Forecast for India's Fingerprint Biometrics Market until 2020.
• Market Volume Size & Forecast for India's Fingerprint Biometrics Market until 2020.
• Market Size & Forecast by Applications (Government, Travel & Transportation, Banking & Finance, Healthcare, Retail, Commercial Offices, and Others).
• Market Size & Forecast by Regions (North, South, East, West, North-East, and Central).
• Market Drivers and Restraints.
• Market Trends.
• Pricing Analysis.
• Distribution Analysis.
• Value Chain Analysis.
• Product Matrix.
• Competitive Landscape.
• Competitive Benchmarking.
• Competitive Positioning.








