TechNavio's analysts forecast the Biometrics market in India to grow at a CAGR of 44.22 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing number of government-initiated biometrics projects. The Biometrics market in India has also been witnessing the integration of biometrics in smart cards. However, the strong competition from inexpensive non-biometric technologies could pose a challenge to the growth of this market.
TechNavio's report, the Biometrics Market in India 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers India; it also covers the Biometrics market in India market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this space include 3M Cogent Inc., NEC Corp., Safran SA, and Suprema Inc.
Other vendors mentioned in the report are 4G Identity Solutions Pvt. Ltd., Arya ITES Pvt. Ltd., BioEnable Technologies Pvt. Ltd., Precision Biometric India Pvt. Ltd., Smart Identity Devices Pvt. Ltd, and Systematic Communications Ltd.
Key questions answered in this report:
What will the market size be in 2018 and what will be the growth rate?
What are key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by key vendors?
What are the strengths and weaknesses of each of these key vendors?
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