Access Control Market Size In India Expected to Rise at 14.72% CAGR Till 2027
According to IMARC Group’s latest report, titled “Indian Access Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027, ” the Indian access control market size reached INR 55.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach INR 126.3 Billion by 2027, exhibiting a growth rate (CAGR) of 14.72% during 2022-2027 The access control system authenticates, recognizes, and authorizes the entry and exit of an authorized person into the premises, ensuring complete security. It also restricts unauthorized access to physical assets, such as buildings, campuses, and cards, and sensitive data, such as network, file, usernames, password, etc., of companies. In line with this, the access control system can either use biometrics or proximity and smart cards. It generally involves verifying the authenticity of a website with a digital certificate, validating personal identity documents, and checking login credentials against s...