Identity Management Creating a Huge Opportunity for Smart Cards in India

FOR IMMEDIATE RELEASE
NOIDA, U.P, India, Republic of (Free-Press-Release.com) January 11, 2012 --

Smart cards provide numerous advantages over other technologies in identity management. These cards can store physical characteristics such as iris pattern, voice, fingerprint or handwritten signature which are used to verify the identity of the cardholder. Manipulating the information stored on the smart card chips is extremely difficult for unauthorized users. As a result, smart cards help in granting permissions, rights, and privileges only to authorized users based on their proven identity. Apart from their inherent security capabilities, smart cards can also be used to host multiple applications, thereby promoting cost savings and efficiency.

IMARC Group, one of the world’s leading research and advisory firms, in its new report entitled “Indian Smart Cards Market Report & Forecast 2011-2016” finds that adoption of smart cards in identity management has gained huge popularity in the government sector. A number of identity management projects such as National Population Register, Drivers License, Ration Cards, Passports, PAN Cards etc are currently/expected to be deployed by the Indian government. Apart from the government sector, the Indian organized sector which currently employs around 40 Million people (all public sector establishments and all non-agriculture private establishments which employ more than 10 people) also offers a huge opportunity for employee identity cards.

IMARC’s new report entitled “Indian Smart Cards Industry Market Report & Forecast 2011-2016” gives a deep insight into the Indian smart cards market. The research study serves as an analytical as well as a statistical tool to understand the market trends, structure, drivers, restraints and the outlook of the market till 2016. This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists, and all those who are planning to foray into Indian smart cards market in some form or the other.

What We Have Achieved in this Report
• Comprehensive situation analysis of the Indian smart cards market and its dynamics.
• Identified all application segments/sub-segments and quantified their current and future market potential.
• Provided a robust long range value and volume forecast for all segments and sub-segments.
• Provided an understanding of key drivers and restraints and their impact on current and future market performance.

Smart Card Application Segments and Sub-segments Covered in this Report
• Telecommunication
• National Population Registry Project

• Financial Services
• Credit & Debit Cards
• Financial Inclusion
• PAN Cards
• Travel Identity
• Driving License
• Registration certificates
• Passports
• Automatic Fare Collection
• Metro Rail Projects
• Bus projects
• Indian Railways
• Healthcare
• Rashtriya Swasthya Bima Yojna
• Ex-servicemen Contributory Health Scheme
• Public Distribution System

Focus of the Analysis for Each Segment & Sub-segment
• Segment/Sub-segment Overview
• Smart Card Implementation Scenario

• Historical and Future Smart Card Volume Demand
• Historical and Future Smart Card Value Demand

Focus of the Analysis for Each Segment & Sub-segment
• Segment/Sub-segment Overview
• Smart Card Implementation Scenario
• Historical and Future Smart Card Volume Demand
• Historical and Future Smart Card Value Demand

Methodology
Initial Exploration of the Indian Smart Cards Market: Conducted secondary and primary market research to complement/enhance our current knowledge and define key market segments and sub-segments.

Qualitative Market Research: Interviewed various industry stakeholders to gain a comprehensive insight on all major segments and sub segments. This included understanding key metrics and events such as smart card requirements, current and future demand, implementation timelines, success and risk factors, costs, etc.
Quantifying the Current &Future Market Potential: Consolidated our results to quantify the value and volume potential of smart cards in each segment and sub-segment.
Validating Our Results: Collaborated with industry stakeholders to validate our results and findings.

Information Sources
Information has been sourced from both primary and secondary sources:
• Primary sources include industry surveys and face to face/telephone interviews with industry experts.

• Secondary sources include proprietary databases and search engines. These sources include company websites and reports, books, trade journals, magazines, white papers, industry portals, government sources and access to more than 4000 paid databases.

To buy the complete report or to get a free sample, please contact:

IMARC Group Asia
Email: apac@imarcgroup.com
Phone: +91-120-425-6531

IMARC Group North America
Email: america@imarcgroup.com
Phone: +1-631-791-1145


To know more please visit: http://www.imarcgroup.com/

identity management     indian smart card market     Smart Card Market