Access Control Market Increasing at a Phenomenal Pace to Reach USD 13.50 Billion by 2028

18-Oct-2021 | Zion Market Research

Some of the key players of access control market are Assa Abloy, 3M Cogent Inc., Johnson Controls, Thales Group (Gemalto NV), Bosch Security System Inc., Honeywell International, Allegion PLC, Schneider Electric SE, Panasonic Corporation and NEC Corporation among others.

According to analysts at Zion Market Research, “The global access control market is estimated for USD 7.55 Billion in 2020 and is expected to reach USD 13.50 Billion by 2028; growing at a CAGR of Access Control Market will be 7.79 % from 2021 to 2028.”

This review is based on a report by Zion Market Research, titled “Access Control Market By Offering (Hardware (Card-Based Readers, Biometric Readers, Multi-Technology Readers, Electronic Locks, Controllers and Others) Software (Visitor Management System and Others) and Services (Installation and Integration and Support and Maintenance)), By Access Control as a Service (Hosted Acaas, Managed Acaas and Hybrid Acaas) By Vertical (Commercial, Military And Defense, Government, Residential, Education, Healthcare, Manufacturing And Industrial and Transportation): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Global Access Control Market Size

Global Access Control Market: Overview

Access control prevents unauthorized viruses and hackers to misuse personal information. It safeguards personal data from getting hacked. Rising global threat, technological developments, growing urbanization are some factors responsible for generating need of access control. Access control uses varied products such as electronic locks, magnetic strip, biometrics, controllers, proximity, servers, and smart cards. Many corporate employees use mobile to access their company data which increases chances to be attacked. Recently, the use of access control has increased such as smart cards, biometrics, and others to protect from criminal and terror activities. Contactless access controls are majorly used in the construction sites, oil and gas, and treatment plants.

Global Access Control Market: Growth Factors

Growing need for high alert security in the big firm is expected to fuel the global access control market growth in the future. Owing to technological developments and growing urbanization the incidences of the data hacking have increased; this, in turn, is anticipated to boost the market in future. One of the major driving factors of the global market is rising hacking threats across the globe. Owing to increasing rate of criminal and terror activities, the demand for access control is anticipated to propel the global access control market growth. Advanced level of data security needs to access corporate data which is also anticipated to witness growth in future.

Global Access Control Market: Segmentation

The global access control market is segmented on the basis of offering as hardware, software and services. Hardware is further segmented into card-based readers, biometric readers, multi-technology readers, electronic locks, controllers and others. The software is further segmented into visitor management system sand others. The service segment is segmented into installation and integration and support and maintenance. On the basis of access control as a service the market is bifurcated as hosted acaas, managed acaas and hybrid acaas. On the basis of vertical the market is bifurcated into commercial, military and defence, government, residential, education, healthcare, manufacturing and industrial and transportation.

Global Access Control Market: Regional Analysis

North America is anticipated to witness the highest growth in the global access control market. Technological development in this region is anticipated to fuel the global market growth in near future. Rapidly increasing population and consumer shift towards digital environment impacts the global market in a positive way.

Global Access Control Market: Competitive Players

Some of the key players of access control market are Assa Abloy, 3M Cogent Inc., Johnson Controls, Thales Group (Gemalto NV), Bosch Security System Inc., Honeywell International, Allegion PLC, Schneider Electric SE, Panasonic Corporation and NEC Corporation among others.

Browse the full “Access Control Market By Offering (Hardware (Card-Based Readers, Biometric Readers, Multi-Technology Readers, Electronic Locks, Controllers and Others) Software (Visitor Management System and Others) and Services (Installation and Integration and Support and Maintenance)), By Access Control as a Service (Hosted Acaas, Managed Acaas and Hybrid Acaas) By Vertical (Commercial, Military And Defense, Government, Residential, Education, Healthcare, Manufacturing And Industrial and Transportation): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028???????.” Report at https://www.zionmarketresearch.com/report/access-control-market

The global access control market is segmented as follows:

By Offering

  • Hardware
    • Card-Based Readers
    • Biometric Readers
    • Multi-Technology Readers
    • Electronic Locks
    • Controllers
    • Others
  • Software
    • Visitor Management System
    • Others
  • Services
    • Installation and Integration
    • Support and Maintenance

By Access Control as a Service

  • Hosted Acaas
  • Managed Acaas
  • Hybrid Acaas

By Vertical

  • Commercial
  • Military And Defense
  • Government
  • Residential
  • Education
  • Healthcare
  • Manufacturing And Industrial
  • Transportation

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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