Indian biometrics to grow by 46 percent

TechNavio’s analysts forecast the biometrics market in India to grow at a CAGR of 46.10 percent over the period to 2015. One of the key factors contributing to this market growth is the increase in the number of security issues

The Biometrics market in India has also been witnessing the increasing adoption of fingerprint biometrics. However, the implementation issues could pose a challenge to the growth of this market. TechNavio’s report, has been prepared based on an in-depth market analysis with inputs from industry experts.
The report focuses on India; it also covers the Biometrics market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market. Dominating this market space are NEC India, Sagem Morpho Securities and Suprema, according to the report.