Global Access Control Reader Market By Reader Type (Card-Based Readers, Biometric Readers, Multi-Technology Readers), Technology Type (iCLASS, MIFARE, DESFire, LEGIC Advant, Others), Vertical (Commercial, Government, Residential), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Access Control Reader Market
Access control reader market is expected to reach USD 7.69 billion by 2027 witnessing market growth at a rate of 12.55% in the forecast period of 2020 to 2027. Data Bridge Market Research report on access control reader market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Increasing demand for interconnected systems and security concerns amongst the users is expected to boost the access control reader market growth rate. Enhanced secure identity management, high demand for enhanced security and contactless interfaces to improve adoption of smart cards, is expected to act as major growth drivers for access control reader market. On the other hand, rapid urbanization in emerging economies will further lead to the growth of access control reader market in the forecast period of 2020 to 2027.
Lack of awareness regarding advanced security solutions among users along with security concerns associated with unauthorized access and data breach are acting as market restraints for access control reader in the above mentioned forecasted period.
This access control reader market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on access control reader market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Access Control Reader Market Scope and Market Size
Access control reader market is segmented on the basis of reader type, technology type and vertical. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Access control reader market on the basis of reader type has been segmented as card-based readers, biometric readers and multi-technology readers. Card-based readers are further segmented into magnetic stripe readers, proximity card readers (125 Khz) and smart card readers (13.56 Mhz). Biometric readers are further segmented into fingerprint, palm recognition, iris recognition, face recognition, vein recognition and voice recognition.
- On the basis of technology type, the access control reader market has been segmented into iCLASS, MIFARE, DESFire, LEGIC advant and others.
- Based on vertical, the access control reader market has been segmented into commercial, government and residential.
Access Control Reader Market Country Level Analysis
Access control reader market is analyzed and market size, volume information is provided by country, reader type, technology type and vertical as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to witness the highest growth rate in the forecast period of 2020 to 2027 owing to large population, rapid industrialization heavy investments in digitalization and increasing demand for security systems in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Access Control Reader Market Share Analysis
Access control reader market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to access control reader market.
The major players covered in the access control reader market report are ASSA ABLOY, IDEMIA, Canon, Inc., Nortech Control Systems Limited, Dormakaba Group, Nedap N.V., Robert Bosch GmbH, Allegion PLC, Suprema Hq Inc., Honeywell International, Inc., Identiv, Inc., and Johnson Controls International PLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.