TechNavio today published its report Biometrics Market in India 2010–2014.
February 06, 2012 — The report discusses the present and the future landscape of the Biometrics market in India.
Commenting on the report, an analyst from TechNavio’s Engineering Software team said, “The Biometrics market in India is one of the fastest growing segments. The growth is due to large government and biometric corporate deployments related to multi-level security. With the help of biometric solutions, companies conveniently manage multiple passwords for access to business-critical information. As a result of this, employees can access applications, files and websites with the palm-scanning technology. This will do away with the need to remember multiple passwords.”
TechNavio’s report highlights that to reduce security breaches and identity thefts owing to population surge, the government departments in India are emphasizing the need to have biometric authentication solutions. The Biometrics market in India is currently encouraged by the mushrooming of large-scale government projects, increasing public awareness, and escalating security concerns. Central and state governments have initiated biometric projects to enable faster verification and more accurate identification processes.
Key findings from the report:
* Convergence of Security Access Control and Technology Advancement
* Inadequate Expertise and Investments
* Replacement of Conventional Authentication
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit www.technavio.com.
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