Global Access Control Market, By Technology (Authentication System, Detection Systems, Alarm Panels, Communication Devices, Perimeter Security Systems), Component (Hardware, Software), Vertical (Commercial, Military and Defense, Government and others), Service (Installation and Integration, Maintenance and Support, Access Control as a Service (ACaaS)), 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 2028
The access control market is expected to witness market growth at a rate of 8.00% in the forecast period of 2021 to 2028. Data Bridge Market Research report on access control market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increasing awareness regarding home security systems is escalating the growth of access control market.
Access control refers to a type of instrument in which a mechanism permits or nullifies the privilege to get some information or perform some activity to enhance security by allowing an individual to modify the security protocols for database and simultaneously control user access. These solutions are based on storing the identity of a person either by biometrics or access card. They verify the same to provide access to a particular area in the enterprise. It assists in preventing unauthorized viruses and hackers to misuse personal information and safeguards personal data from getting hacked.
The increasing need for improving the safety and security across various residential and commercial sector and rapid developments in cloud computing and access control act as the major factors driving the access control market. The rise in the usage of the systems as a security for both employers and employees, by protecting employees from any possible incidents that may happen in office premises or any other place and growing penetration of smart home solutions increasing the need for connected access control systems for homes that can be accessed remotely accelerate the access control market growth. The growth in the popularity of access control systems as they provide features such as provision of log keeping, accountability and safety and security of office surroundings and consumer’s inclination towards solutions, providing convenience of access control along with high adoption of IoT further influence the access control market. Additionally, increasing number of terrorist attacks and organized crimes globally, growth in awareness regarding home security systems, high deployment of wireless security systems, adoption of IoT-based security systems with cloud computing platforms and technological advancements positively affect the access control market. Furthermore, implementation of mobile-based access control and proliferation of smart cities initiatives extend profitable opportunities to the access control market players in the forecast period of 2021 to 2028.
On the other hand, high associated with the installation, maintenance and ownership of access control systems and rise in security and privacy concerns related to unauthorized access and data breach in access control environment are the factors expected to obstruct the access control market growth. Low awareness regarding the availability and benefits of advanced security solutions among users is projected to challenge the access control market in the forecast period of 2021-2028.
This access control 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 market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Access Control Market Scope and Market Size
The access control market is segmented on the basis of technology, component, vertical and service. 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.
- On the basis of technology, the access control market is segmented into authentication system, detection systems, alarm panels, communication devices and perimeter security systems.
- On the basis of component, the access control market is segmented into hardware and software.
- On the basis of vertical, the access control market is segmented into commercial, military and defense, government and other.
- On the basis of service, the access control market is segmented into installation and integration, maintenance and support and access control as a service (ACaaS).
Global Access Control Market Country Level Analysis
The access control market is analyzed and market size, volume information is provided by country, technology, component, vertical and service as referenced above.
The countries covered in the global access control market report are the 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).
North America dominates the access control market because of the increasing cyber and malware attacks, presence of several governments and security agencies, shifting from passwords to biometric authentication and deployment of cloud-based IAM.
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 Market Share Analysis
The access control 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, global 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 market.
The major players covered in the access control market report are ASSA ABLOY, Johnson Controls, dormakaba Group, Allegion plc, Honeywell International Inc., Nedap N.V., Identiv, Inc., SUPREMA, IDEMIA, Thales Group, AMAG Technology, Gunnebo AB, NEC Corporation, Napco Security Technologies, Inc., HID Global Corporation/ASSA ABLOY AB, Carrier. Vanderbilt Industries 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.
Customization Available : Global Access Control Market
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 analysed 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.