Indian Access Control Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Indian Access Control Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The Indian access control market size reached INR 63.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach INR 144.3 Billion by 2028, exhibiting a growth rate (CAGR) of 14.62% during 2023-2028.

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:
IMARC Group 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 2023-2028. Our 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 2022?
2. What is the expected growth rate of the Indian access control market during 2023-2028?
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?