EFY Times  
Friday, August 29, 2014

 
GO
 
 

Biometrics Market Has Immense Potential In India
 
Home >> Electronics >> Features
 
Biometrics Market Has Immense Potential In India  
 
With a significant increase in its application areas, the biometric devices market is poised to grow at a CAGR of 42.4 per cent by 2014. We explore if this will kickstart domestic manufacturing.   
Rate this news:  (0 Votes)
Saturday, May 19, 2012 With government projects like e-passports, national ID projects, employee benefit schemes and the UIDAI project in full swing, biometrics is poised to grow at a CAGR of 42.4 per cent by 2014. As Deepa Doraiswamy, industry manager, electronics and security practice, Frost & Sullivan, South Asia and Middle East, puts it, “The size of the biometric readers market was US$ 50 million in 2011, and is further expected to grow at a 48 per cent CAGR to touch US$ 359 million by 2016.” And the impetus to this scorching growth has mainly been provided by the increasing security concerns within India.

Biometrics is gradually gaining ground and pushing out conventional methods of identification and security checking like being physically frisked, photo IDs, tokens and passwords. This emerging technology is growing fast as it is being rapidly adopted not only in the private sector but in various government projects as well.

biometric devices, electronics, application, biometric technology, biometrics




Driving factors

The application of biometrics technology is increasing day by day. Today, it is very useful in enterprises and manufacturing facilities where it is used for recording employee attendance and work timings. Manufacturing units are manpower intensive, so biometric devices help control access at the door or facility level.

“The most prominent biometric implementation in India, both in volume and value terms, is the UIDAI project worth US$ 3.33 billion. Technology acceptance and ease of usage is favouring the market adoption for biometrics,” says Doraiswamy. After a major scam in pension distribution, the government is now distributing biometic cards for the pension holders in every state. This scheme will provide good business opportunity as all districts, taluks and villages will be covered under this scheme.

Demand for biometic devices from state corporations are also rising. These corporations are going in for biometic and readers for attendance management. Recently, Kochi Corporation has given green signal to allocate Rs 15.58 lakh for procuring biometic and readers from Keltron.

Another factor that is slowly increasing biometric reader adoption is the reduced cost of the devices and equipment. Earlier, an iris scan camera used to cost a few lakhs, but now one can buy it for Rs 25,000.

Biometric devices are also being increasingly used in rural areas where identification is a problem and one individual has more than one ration card. Banks like the State Bank of India are making efforts to introduce biometrics technology in the rural sector.

Overcoming the limitations

Due to India’s large population, individual identification is a major obstacle, especially in rural areas; hence, biometric devices can sell well here. Moreover, as this technology can record the time and attendance of employees, it has gained better acceptance across verticals.

However, although the UID project has made fingerprint and iris scanning mandatory for all enrolments, there are only a few types of iris scanners available in India. These products are all imported, and hence, are very costly. This has significantly increased the cost of the UID project. But this issue is slowly getting resolved as domestic players are taking interest in manufacturing. For example, BioEnable, a leading supplier of biometric products in India, has launched its first iris scanner, which has been developed and manufactured in India. BioEnable Iris One is a computer based USB plug and play device that captures high resolution iris images as per international standards. So there are plenty of opportunities for channel partners and manufacturers in this domain.

“Considering the importance of iris recognition to the UID Aadhaar project and the high cost of iris scanners available from a few international manufacturers, we decided to develop our own iris scanner. We will soon send it for certification prior to its use in various government projects,” says Pradeep Bhatia, managing director, BioEnable.

Despite the market’s potential, biometrics technology has to go a long way to be accepted by all and to inspire manufacturers in India. Lack of a unified standard for biometric readers, inadequate expertise, limited investments, and poor awareness are holding back the market from meeting its potential. India has not yet started manufacturing biometric devices locally (BioEnable Iris One is the first domestic product) because the sensors have to be imported. And due to the low cost of imported products, the market is flooded with low quality and cheap devices. It is high time that players stop importing and start manufacturing these devices.

-- Srabani Sen




Print Email Post Comment 
(Total Views: 3907)
 
Share

 
 
Electronics News
   
Kramer Launches RC-43T Control Panel
Tribune Media Names John Batter CEO Of Gracenote
Qi Wireless Charging Adoption Momentum Expands To Airports, Offices, Restaurants, Hotels Around The Globe
Maxwell Technologies Introduces Electronic Voltage Transformer For More Accurate Grid Measurement
MMA 2014 Regional Smarties Shortlist Announced For LATAM And North America
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Overall

Features
10 Tips And Tricks To Fight Back Anonymous DDoS Attacks
Are you bothered about DDoS attacks and looking for some help? The following ten tips can show you the path how you can get rid off these attacks....
7 Super Cool Tips To Improve Your Linux Desktop!
Linux has always kept changing but when it comes to their desktop, there are so many things which still need to be done....
20 Tools For Best Torrent Practices
It's not always illegal to use Torrent if you are distributing files or downloading something. You just want to know the actual tools which serve the ...
Know 7 Types Of Hackers First To Stay Safe Online
If you are worried about hacking attacks, without knowing the hackers' motivation you can never succeed in your preventive measures!...
10 Reasons To Know About Java Virtualisation
Java platforms need virtualisation for better performance. But if you know the reasons behind it, it gets more exciting for you....
This Is How You Can Understand Load Average For Your Linux System
A number, which looks meaningless at first instance, can actually help you in understanding the performance level of your CPU....
Generate Random Names And Phone Numbers Using PowerShell
Now creating a list of random names and phone numbers is just a matter of steps away....
5 Reasons Why You Should Advance You Programming Skills!
Dreaming to become a better developer? We are here to tell you why you need to inspire yourself to become the best one....
Here's How You Can Become A Skilled Software Architect!
Dave Hendricksen’s book, 12 More Essential Skills for Software Architects, and its “Technology Innovation” mantra, will not disappoint you certainly....
10 Tips To Use Gmail At Its Best
If you are a Gmail user then you should always know what are those additional features which you are missing upon. Get to know them here....
Top 10 C++ Libraries For You
If you want to improve your functionality in C++ language, then these libraries will be of great help....
10 Best Free Cloud Drives For You
Options have never seen a dearth when it comes to cloud drive services. But sometimes it gets difficult to choose from them....
10 Must-Know Facts Of Red Hat Enterprise Linux 7
Being not a very simple OS, there are so many things which you should know prior to using the new RHEL 7....
8 Awesome Tips For Budding Programmers!
Programming is not very tough, once you know the right skills how to reach your goal....
6 Reasons Why You Should Use FreeBSD Over Linux!!
The Unix-like OS, FreeBSD, is superior to Linux for several reasons. Check out the reasons here....
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
MWC 2014
 
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
MWC 2014: Alcatel Unveils PIXI 7 Tablet With Android 4.4
Alcatel arrived at the MWC 2014 with yet another low cost Android tablet, priced at $110 ...
MWC 2014: LG F70 Unveiled With Android 4.4
LG announced the new LTE-enabled Android smartphone, LG F70, at MWC 2014 in Barcelona. ...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter 

Educational Kits
Kitsnspares.com
 
 
© Copyright 2014 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions