India Access Control Market is Expected to register a steady CAGR during the forecast period, 2025-2029
Increasing adoption of access control system to manage
terrorist attacks is expected to propel the growth of India access control
market.
According to
TechSci Research report “India Access Control Market - By Region, Competition,
Forecast and Opportunities, 2029”,
the market is growing because of the increasing adoption of mobile access
control, which has led to an increased focus on access control to overcome the
need for faster system response through mobile and optimize the performance. Moreover,
access control devices are increasingly being installed in banks, government
institutions, entertainment venues, retail establishments, hotels, offices, and
data centers, which will drive market expansion over the projection period.
These installations are being driven by growing security concerns as well as the
rising crime rates. Additionally, the emergence of blockchain technology, cloud
computing, and the internet of things for connected devices all help to impose
a positive outlook on the market are promoting the development of the access
control market of India throughout the forecast period.
The rising use of access
control systems by small and medium-sized businesses, hospitality companies,
ATMs, airports, banks, residential complexes, and religious institutions is
expected to drive the growth of the access control market. The India access
control market is driven by the government, industrial, military, and
commercial verticals. The demand for access control systems in India is
anticipated to increase due to rising crime and terrorist threat levels, as
well as low police to population ratio.
With the use of access
control technologies, users can verify who is authorized to access a company's
physical infrastructure. Physical access control is the process of securing a
certain area, such as a building, a parking lot, or an office. It is common
practice to establish a physical access control system (PACS) to manage and
enforce physical security. PACS prevents unauthorized access to certain
portions of a building or its environment.
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India
access control market is divided into component, access control systems, type,
deployment, industry vertical, organization
size, and region. Based on component, the market is divided into
software, hardware. Based on type, the access control market is bifurcated into
discretionary access control (DAC), mandatory access control (MAC), role-based
access control (RBAC), attribute-based access control (ABAC). Based on access
control systems, the market is segmented into card
reader, biometrics, and others. Based on deployment, the market is
bifurcated into cloud and on-premise. Based on industry vertical, the market is
divided into healthcare, BFSI, IT and telecom, aerospace and defence, and
others. Based on organization size, the market is divided into SMEs and large
enterprises. Based on region, the market is divided into East, West, North, and
South.
Based on component, the hardware
sector is anticipated to develop at the greatest CAGR. due to the growing
popularity of this sort of reader and its benefits, namely its dependability.
Hardware, such access cards, is used as identification to confirm user identity
and decide whether to give or deny access. Compared to biometric readers and
electronic locks, card-based readers are expected to be more dependable. One of
the factors influencing the development of smart card readers is the rising
need for smart and proximity cards to track and monitor employee activity.
India access
control market is divided into five categories based on vertical: IT and
telecom, retail, public and government institutions, BFSI, and other. During
the forecast period, the India access control market's public segment is
anticipated to expand at a faster CAGR. To deter intrusion and theft, access
controls are being placed in residential buildings. Access controls using
biometric locks are becoming more prevalent in these buildings. The growing
popularity of home automation is driving up demand for electrical goods. The
market is expanding due to factors such as rising crime rates, ongoing
technological advancements, the increased need to identify threats like fire
and gas leaks and ensuring the safety of youngsters and the elderly at home.
Key market
players in the India access control market include:
- Johnson
Controls
- HID India
Pvt. Ltd.
- ZKTeco
Biometrics India Pvt Ltd.
- Matrix Comsec
Pvt. Ltd.
- Siemens India
Private Limited
- Robert Bosch
GmbH
- IDEMIA Ltd.
- Mantra
Softech (India) Pvt. Ltd
- Honeywell
International India Pvt. Ltd.
- Realtime
Biometric Co. Ltd
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“South, being the largest Information Technology hub, holds the
largest market share of access control, benefiting from the presence of several
financial institutions and technology establishment. The implementation of
several technologies such as biometrics, facial recognitions, door access
control systems in the Bengaluru Safe City Projects and various organizations
in the cities are attributing to the growth in the forecast period. North region
ranks second in the access control market in India. The increase in usage of
advanced technologies such as artificial intelligence, machine learning,
biometrics, and RFID technology in the North India is proliferating the growth
and enables the acceleration of access control in India.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research-based global management
consulting firm.
“India
Access Control Market Segmented By Component (Software, Hardware), By Access Control Systems (Card Reader, Biometrics, and
Others), By Type (Discretionary Access Control (DAC), Mandatory Access Control
(MAC), Role-based Access Control (RBAC), and Attribute-based Access Control
(ABAC)), By Deployment (Cloud, On-premise), By Industry Vertical (Healthcare,
BFSI, IT and Telecom, Aerospace and Defence, and Other), By Organization Size
(SMEs, Large Enterprises), By Region,
Competition, Forecast and Opportunities, 2029” has evaluated the future growth
potential of India access control market and provides statistics &
information on market size, structure, and future market growth. The report's
goal is to give current market knowledge and assist decision makers in making informed
investment decisions. Furthermore, the study identifies and analyses emerging
trends, as well as key drivers, challenges, and opportunities in the India access
control market.
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