forecast, India

Industry forecast: $2B in biometrics revenues by 2018 in India

India Biometrics Market Forecast and Opportunities, 2018 (Press Release via TMC: Call center Info)

According to “India Biometrics Market Forecast & Opportunities, 2018”, the biometrics market in India is expected to cross USD 2 Billion revenues by 2018. The main factors which are driving the growth of biometrics market are lack of data protection, improper border security, terrorist threat, population growth and continual technological changes. The challenges which are being faced by the biometric industries are rough hands and cataract problems, lack of innovation, implementation of biometrics at a grassroots level and cost of production.

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