Global access control market The size was valued at US $ 6.72 Bn in 2017 and is expected to reach US $ 19,721 Bn in 2026 to exhibit a TACC of 9.72% during the forecast period.
The objective of the report is to present a comprehensive evaluation of the market and contains reflective ideas, facts, historical data, market data validated by the industry and projections with an adequate set of assumptions and methodology. The report also helps to understand the dynamics of the global access control market, structure by identifying and analyzing market segments and projecting the size of the global market. In addition, the report also focuses on the competitive analysis of key players by product, price, financial position, product portfolio, growth strategies and regional presence. The report also provides PEST analysis, PORTER analysis and SWOT analysis to address shareholder questions to prioritize efforts and investment in the near future to the emerging segment in the global access control market.
Access control is a technology that is used in a security model to reduce the risk to the business or organization. There are two types of access control that are physical and logical. Physical access control limits access to campus, buildings, rooms and physical IT resources. Access control systems achieve identification authentication and authorization of users and entities by evaluating the required login credentials.
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The growing need for security, technological advances and the deployment of wireless technology in security systems, the adoption of IoT-based security systems with cloud computing platforms are the main factors driving the growth of the global market for access control. Greater adoption of access control solutions due to the increase in crime rates worldwide is also driving the growth of this market. However, the high cost and the observation of the lack of reliability and the lower awareness among users about innovative security solutions are hampering the growth of the global access control market.
But security anxieties related to illegal access and data breach in an access control environment are the challenges facing the growth of this market. Manufacturers of the global access control market are also expected to produce several opportunities for this market during the forecast period due to the adoption of access control as a service, the use of access control based on mobile devices and increasing urbanization in developing countries.
Readers based on hardware cards are expected to grow rapidly during the forecast period due to the increasing use of such readers due to their advantages such as reliability. The cards are used as credentials to validate the identity of the user and determine the grant or denial of access. Card-based readers must be more reliable than biometric readers and electronic locks. The growing demand for smart cards and proximity to observe and record the activities of employees is one of the drivers of the progress of smart card readers. In addition, the growing demand for smart cards and proximity to monitor and record employee activities is also driving the growth of card-based readers in the global access control market.
According to the analysis of the regional market analysis, the Asia Pacific market is projected to dominate the global market during the forecast period due to the increasing industrialization, commercialization and high demand for security systems. It is also expected that rising terrorist terrorization and crime rates in the countries of Asia Pacific and the low proportion of police officers to the population will help the high demand for access control systems in Asia Pacific. China's growing economy also makes an important requirement for security systems. The large population, the increase in investments for digitalization, substantial R&D and the increasing industrialization in APAC would boost the adoption of security systems.
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Global access control market reach
Global access control market, by component
• Readers based on hardware cards
• Biometric readers
• Electronic locks
Global access control market, by service
• Access control as a service (ACaaS)
Global access control market, by vertical
• Military and defense
• Health care
• Manufacturing and industrial
Global access control market, by region
• North America
• Pacific Asia
• Middle East and Africa
• South America
Key players operating in the global access control market
• Assa Abloy AB
• Dormakaba Holding AG
• Allegion PLC
• Johnson Controls International PLC
• Honeywell Security Group
• Identiv, Inc.
• Nedap N.V.
• Suprema HQ Inc.
• Bosch Security Systems Inc.
• Gemlato N.V.
• Amag Technology, Inc.
MAIN TOC OF THE REPORT
Chapter one: Overview of the access control market
Chapter Two: Manufacturer Profiles
Chapter three: Competition of the global access control market, by players
Chapter four: Size of the global access control market by region
Chapter Five: North America Access Control Revenue by Country
Chapter six: Access control revenues to Europe by country
Chapter seven: Asia-Pacific access control revenues by countries
Chapter eight: South American access control revenues by country
Chapter nine: Control of access to income in the Middle East and Africa by country
Chapter ten: Global access control market segment by type
Chapter Eleven: Global access control market segment by application
Chapter twelve: Forecasting the size of the global access control market (2019-2026)
Examine the full report with facts and figures from the access control market report at: https://www.maximizemarketresearch.com/market-report/global-access-control-market/27435/
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