More than 350K iris and fingerprint devices shipped a year in India: 6Wresearch report
6Wresearch announced it has a published a new report that shows that more than 350,000 iris and fingerprint units were shipped in India in the year leading up to June 2014.
The report illustrates how biometrics are growing in worldwide acceptance, specifically across developing countries such as India.
The report provides details about the total number of biometric units imported and manufactured in India, as well as the players, prices and features including resolution, verification, interface and applications.
Other key highlights include more than 40 vendors shipped biometric devices in India, the top three players accounted for 62% share of the market, and the time and attendance systems took in the majority share of the market for the multi-modal segment.
There has been a small rise in demand for single-modal biometric devices, while the demand for fingerprint biometric readers continues to see a steady increase over the past few quarters.
So far, the use of biometric systems is limited to only a few sectors, but their demand is expected to climb in the coming months across other verticals, such as airlines, banking and financial services, travel and transport, government, healthcare, consumer electronics and retail.
There are also a number of Indian companies that have expanded their biometric solution portfolio, as well as an emergence of new players that are developing biometric devices.
One example is 3M Cogent’s MiY Biometric access control reader’s recent integration with Schneider Electric’s Andover Continuum.