The government and business enterprises are primarily using biometric authentication software for employees to get access to restricted areas and to unlock the company systems. The increasing use of biometric software for identification and authentication in government and private sector is propelling the India biometric authentication software market ecosystem growth. The biometric authentication software provides an easier, faster, and more accurate way for authentication, and therefore, small-scale as well as large enterprises are implementing this system. The increasing use of biometric authentication systems across several enterprises in India has raised the share of single factor authentication segment of the biometric authentication software market ecosystem
India Biometric Authentication Software Market Ecosystem has been witnessing significant growth over the years owing to continuous technological developments. Biometric authentication technologies including fingerprint scanning, face recognition, voice recognition, and iris recognition are widely used in various industries. The shifting preference of individuals for mobile payment application has resulted in the growth of biometric authentication software market ecosystem over the years. Smartphones including iPhone X, One Plus, Vivo, and others have been offering facial, finger, and eye-based identification in order to capture customer attention in recent years. These factors are creating a positive outlook for India biometric authentication software market ecosystem.
The outbreak of COVID-19 has bought along with a global recession, which has impacted several industries. Along with this impact, COVID Pandemic has also generated a few new business opportunities for the India Biometric Authentication Software market ecosystem. The overall competitive landscape and market dynamics of India Biometric Authentication Software has been disrupted due to this pandemic. All these disruptions and impacts have been analyzed quantifiably in this report, which is backed by market trends, events, and revenue shift analysis. COVID impact analysis also covers strategic adjustments for Tier 1, 2, and 3 players of the India Biometric Authentication Software Market.
The Indian government is adopting biometric authentication software in various large-scale projects such as population registration and civil identity. India’s major government project ADHAAR for citizen identification is based on the biometric authentication system, where unique identification numbers are issued to citizens based on their biometric and biographic data. This project has strongly increased the use of biometrics and has fueled the growth of the biometric authentication software market ecosystem.
Software developing companies are combining the mobile biometric technology with cloud-based biometric solutions to speed up the authentication process. Saving data on the cloud is a safer option than saving the biometric data locally. Cloud computing technology enables businesses to easily scale up or downscale IT requirements as required. This allows companies to accommodate business’s growing requirements without undertaking expensive changes in the existing IT systems.
Though there is a high demand for biometric authentication, the security of biometric data is a major factor in slowing down the overall market. Declining prices of fingerprint sensors and IP cameras are fueling the biometric authentication software market ecosystem. The basic hardware and software of biometric systems are getting less expensive due to mass production. Also, the new entrants are offering very competitive prices. Technological advancements and the introduction of new hardware are also lowering the prices of previous products.
The biometric authentication software offers high security compared to other traditional methods such as digital PIN. As national security concern is rising, the biometric data is linked with passports for tracking individuals. With growing incidences of insurgencies and terrorist activities, militaries are deploying biometric systems for identification of individuals. In the commercial sector, as the cost and physical size of finger-imaging sensors have reduced, they now appear on many laptops, mobile phones, handheld devices, and other electronic consumer devices. These factors are positively driving the biometric authentication software market ecosystem growth.
Based on offerings, the hardware segment is holding a significant share in the market. In the biometric authentication market ecosystem, various hardware are implemented including fingerprint sensors, scanners, and cameras. Among these, hardware fingerprint scanners and cameras have captured significant market shares. Scanners are being widely adopted by several small & medium and large enterprises in order to track employee attendance and protect essential information from being stolen.
Two factor biometric authentication has gained significant attention in recent years due to its high security level. The two-factor authentication is mainly implemented by the military and defense sector. This has been enhancing the growth of the biometric authentication software market. The two factor or multi factor authentication overcomes the drawbacks of single biometric authentication. For instance, a combination of fingerprint and face recognition offers the maximum security.
| Offerings | Deployment | Technology | Functionality | Organization Size | End-use Industry |
| Hardware | Web-Based | Single-Factor Authentication | Contact Functionality | Individuals | Commercial Offices |
| Fingerprint Readers | iOS | Fingerprint Recognition | Non-Contact Functionality | Small & Medium Enterprises | Public Institutions |
| Scanners | Android | Iris Recognition | Hybrid Functionality | Large Enterprises | Military & Defense |
| Cameras | On-Premise | Palm Print Recognition | Healthcare | ||
| Others | Face Recognition | BFSI | |||
| Software | Voice Recognition | Consumer Electronics | |||
| Services | Others | Travel & Immigration | |||
| Two-Factor Authentication | Automotive | ||||
| Multi-Factor Authentication | Others |
India Biometric Authentication Software Market
The industry participants are implementing various strategies such as business expansions and new product launches to increase their market share. This is supporting the expansion of india biometric authentication software market ecosystem in India. Companies are expanding their operations to provide high value products. For instance, in 2018, NEC announced the establishment of NEC Laboratories India (NLI) in Mumbai, Maharashtra. As a result of this expansion, the company will have a greater research & development footprint in India for providing better data-driven solutions to the society. Additionally, companies are implementing inorganic strategies like mergers & acquisitions and partnerships, which are creating a positive outlook for biometric authentication software market ecosystem. For instance, ASSA ABLOY acquired Arjo Systems SAS, which is one of the leading providers of digital identity solutions. This acquisition will strengthen the secured biometric-based identity solutions portfolio.
There are many trends that are having an impact on the market forecast. These, when evaluated from a company’s perspective, can drive growth. Our numerous consulting projects have generated sizeable synergies across countries and all sizes of companies.
The major players operating in India Biometric Authentication Software Ecosystem are as follows:
| Company | Ecosystem Positioning | Total Revenue | Region |
| NEC Technologies India Pvt. Ltd. | Solution & Service Provider | US$ 26,168.9 Mn | Global |
| Thales India Pvt. Ltd. | Solution & Service Provider | US$ 17,440.5 Mn | Global |
| Next Biometrics Solutions India | Solution & Service Provider | US$ 11.9 Mn | North America, Asia Pacific, Europe |
| HID India Private Limited (ASSA ABLOY AB.) | Solution & Service Provider | US$ 8,404.8 Mn | Global |
| Fujitsu India Pvt Ltd. | Solution & Service Provider | US$ 36,362.4 Mn | Global |
Very few markets have the interconnectivity with other markets like Internet of Things (IoT). Our Interconnectivity module focuses on the key nodes of heterogenous markets in detail. Facial Recognition, Artificial intelligence, Smart Card, Biometric Sensors, and Digital Camera markets are some of our key researched markets.
Very few markets have the interconnectivity with other markets like Internet of Things (IoT). Our Interconnectivity module focuses on the key nodes of heterogenous markets in detail. Facial Recognition, Artificial intelligence, Smart Card, Biometric Sensors, and Digital Camera markets are some of our key researched markets.
India Biometric Authentication Software Ecosystem: Key Trends
| Trends | Technology | Functionality | Organization Size | Impact on Market |
| Industries (government and private) are focusing on mobile biometric system for easier and faster access for user identification | Fingerprint Recognition | Contact Functionality | Small & Medium Enterprises, Large Enterprises | 1.00% |
| Multimodal biometric authentication systems have become more popular over the years | Fingerprint Recognition, Voice Recognition | Hybrid Functionality | Small & Medium Enterprises, Large Enterprises | 1.50% |
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