The Indian access control market size reached INR 72.5 Billion in 2023. Looking forward, the market is projected to reach INR 222.8 Billion by 2032, exhibiting a growth rate (CAGR) of 13.29% during 2023-2032.
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.
2. What is the expected growth rate of the Indian access control market during 2024-2032?
3. What are the key factors driving the Indian access control market?
4. What has been the impact of COVID-19 on the Indian access control market?
5. What is the breakup of the Indian access control market based on the component?
6. What is the breakup of the Indian access control market based on the type?
7. What is the breakup of the Indian access control market based on the end user?
8. What are the key regions in the Indian access control market?
9. Who are the key players/companies in the Indian access control market?
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.
Key Market Segmentation
This report provides an analysis of the key trends in each segment of the Indian access control market report, along with forecasts at the country and regional levels from 2024-2032. The report has categorized the market based on component, type and end user.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
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 and ZKTeco Biometrics India Pvt Ltd.Key Questions Answered in This Report
1. What was the size of the Indian access control market in 2023?2. What is the expected growth rate of the Indian access control market during 2024-2032?
3. What are the key factors driving the Indian access control market?
4. What has been the impact of COVID-19 on the Indian access control market?
5. What is the breakup of the Indian access control market based on the component?
6. What is the breakup of the Indian access control market based on the type?
7. What is the breakup of the Indian access control market based on the end user?
8. What are the key regions in the Indian access control market?
9. Who are the key players/companies in the Indian access control market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 India Access Control Market
6 Market Breakup by Component
7 Market Breakup by Type
8 Market Breakup by End User
9 Market Breakup by Region
10 SWOT Analysis
12 Porters Five Forces Analysis
13 Price Indicator
14 Competitive Landscape
15 Key Player Profiles
List of Figures
List of Tables
Companies Mentioned
- 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.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 135 |
| Published | April 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 72.5 Billion |
| Forecasted Market Value ( USD | $ 222.8 Billion |
| Compound Annual Growth Rate | 13.2% |
| Regions Covered | India |
| No. of Companies Mentioned | 10 |
