India Biometric Authentication Identification Market USD - 415,301

Publish Date: 01-07-2020 09:37:47 | Contact name: aarti | Location: INDIA | Place: pune |

India Biometric Authentication Identification Market was valued US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at CAGR of 17% during forecast period of 2020 to 2027.

India Biometric Authentication Identification Market Drivers and Restrains:

Biometrics allows a user to be identified and authenticated based on a set of recognizable and verifiable data, which are unique biological characteristics. The market for biometrics in India has witnessed noticeable growth in last five years due to its increasing adoption of biometric technology across private and government sectors. Consumers are increasingly adopting several biometric systems means like fingerprint, voice, and facial recognition, to verify their identity as well as to make payments. The Indian government is also implementing biometric technologies for authentication and identification of individuals in many e-Governance applications such as E-Passport, UIDAI (aadhar), RSBY (Rashtriya Swasthya Bima Yojna), and driving license, etc.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

Aadhaar project in India is the representative of biometric registration. It is the world's biggest biometric identification system and the source of consistent authentication and identification in India. Aadhaar number is a 12-digit unique identity number allotted to every Indian citizens. This number is created on their biometric and biographic data (fingerprints, iris scans, and a photograph). On 03 January 2020, XXX Mn people have an Aadhaar number, which is covering more than XX% of the Indian adult population. Firstly, the project has been connected to public subsidy and unemployment benefit schemes, but it now includes a payment scheme. e.g., According to Finance ministry, Aadhaar is providing an identity to each Indian that has made many services more accessible to the people in India.

Contact aarti: India Biometric Authentication Identification Market

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