Indian Access Control Reader Market Size, Share, Trends, Analysis and Forecast 2021-2026
- amaramurray21
- Jun 18, 2021
- 3 min read
According to the latest report by IMARC Group, titled “Indian Access Control Reader Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the indian access control reader market reached a value of INR 16.3 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 9% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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An access control reader is a significant part of the access control system that authorizes the entry and exit of an authorized person into the premises. This device scans the credentials that permit the entrance of a person through access control points. Presently, the market for access control readers in India is witnessing a strong growth due to increasing adoption of security devices across both private and government sectors.
The India access control reader market is primarily driven by the escalating demand for access control in commercial spaces to record or monitor employee activities and curb asset thefts. Furthermore, with the rising crime rate in India, access control readers are increasingly being installed in data centers, hotels, retail stores, entertainment stores, government institutions, banks, etc., to control unauthorized access and data breaches. Moreover, the growing threat of terrorist attacks has also augmented the installations of premium and enhanced access control technologies in the defense sector. Besides this, access control readers significantly reduce the need for manned surveillance, thereby minimizing overhead security expenditures. Various other factors, including rapid urbanization, the introduction of contactless smart cards, and growing popularity of smart homes, are expected to further propel the demand for access control readers in India over the forecasted period.
Indian Access Control Reader Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the indian access control reader 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 reader market on the basis of reader type, end-user, and region.
Breakup by Reader Type:
Card Based Readers
Biometric Based Readers
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
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/indian-access-control-reader-market/
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
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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