Access Control Market Research Report

 

Growth opportunities in the global access control market look promising over the next six years. The growing number of crime rates globally, coupled with the rising number of technological advancements and the deployment of wireless technology in security systems, are key factors driving the global access control market.

Access Control refers to a security technique of guaranteeing the identity of the users and provides access to the appropriate person of the company’s data. Physical and virtual access control are two types of access control. The physical users must submit credentials before they can be granted access. In virtual access, computing or monitor could be passcode, a PIN, or even a biometric reading. It prevents unauthorized viruses and hackers who can misuse the data as it protects data from getting hacked.

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The growing adoption of access control solutions owing to the increasing number of crime rates at a global level, followed by the rising number of technological advancements and the deployment of wireless technology in security systems, are the major drivers fuelling the access control market growth during the forecast period. In addition to this, the increasing adoption of IoT-based security systems enabled with cloud computing platforms to enhance the security level in the commercial, residential, and industrial sectors is another factor enhancing the demand of the access control market size during the forecast period.

With the accelerating urbanization worldwide, there has been a rapid increase in the incidences of data hacking and identity theft. According to the access control market research, the rising focus of governments on installing time-based access systems in commercial or public premises, along with the growing need for high alert security systems in the global organization with thousands of employees, will have a positive impact on the growth of the access control market share in terms of revenue. Additionally, the emergence of the COVID-19 pandemic has fuelled the demand of the market due to the growing need to protect critical health information records and control the access to private health records in the healthcare sector. On the other edge of the spectrum, the lack of knowledge among the end-users regarding these control systems, the high cost of these systems, and the safety issues regarding unauthorized access will hinder the growth of the market.

Key Players of the Global Access Control Market:

·        Johnson Controls

·        Bosch Sicherheitssystems GmbH

·        Allegion plc

·        Honeywell International PLC

·        Identiv, Inc.

·        ASSA ABLOY

·        Dormakaba Holding

·        Nedap N.V.

·        Suprema

·        Gemalto NV

Market Segmentation:

Global Access Control Market Report Segment by Component:

·        Hardware

o    Card-Based Readers

§   Magnetic Stripe Readers

§   Proximity Card Readers

§   Smart Card Readers

o    Biometric Readers

§   Fingerprint Recognition

§   Palm Recognition

§   Iris Recognition

§   Facial Recognition

§   Voice Recognition

o    Multi-Technology Readers

o    Electronic Locks

§   Electromagnetic Locks

§   Electric Strike Locks

§   Smart Locks

o    Controllers

§   Serial Access Controllers

§   IP Access Controllers

o    Others

·        Software

·        Services

o    Installation and Integration

o    Maintenance and Support

o    Access Control as a Service

§   Hosted ACaaS

§   Managed ACaaS

§   Hybrid ACaaS

Global Access Control Market Report Segment by Vertical:

·        Commercial

o    Enterprises and Data Centers

o    Banks and Financial Centers

o    Hotels, Stadiums, and Amusement Parks

o    Retail Stores and Malls

·        Military and Defense

·        Government

·        Residential

·        Healthcare

·        Education

·        Manufacturing and Industrial

·        Transportation

Global Access Control Market Report Segment by Region:

·        North America

o   United States of America

o   Canada

·        Asia Pacific

o   China

o   Japan

o   India

o   Rest of APAC

·        Europe

o   United Kingdom

o   Germany

o   France

o   Spain

o   Rest of Europe

·        RoW

o   Brazil

o   South Africa

o   Saudi Arabia

o   UAE

o   Rest of the world (remaining countries of the LAMEA region)

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