Access Control Market Size, Share, Growth Report 2030

Access Control Market

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

Category: Technology & Media Report Format : PDF Pages: 150 Report Code: ZMR-540 Published Date: Oct-2021 Status : Published

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.

Global Access Control Market Overview

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.

Access control is a technique which regulates who can use or view resources in a computing environment. It is an essential concept in security which minimizes risk to the organization or business. Access control can be of two types logical and physical. Logical access control restricts connections to system files, computer networks and data. Physical access limits access to buildings, campuses, physical IT assets and rooms.

Logical access control systems are used to secure the facility, businesses and institutes uses access control systems which rely on user access card readers, credentials and reports to grant access or restrict employee access to certain business locations such as data centers. Some of these control systems restrict entry to buildings and room, along with alarms and lockdown capability access control systems, to avoid unauthorized operations or access. All these features related to security protocol are anticipated to propel market growth in the long run. In July 2018, Bitglass, one of the leading Cloud Access Security Broker, partnership with Okta, an identity provider, to bring real-time data security and threat protection for the companies moving form to cloud.

Global Access Control Market SizeRequest Free Sample

COVID-19 Impact Analysis

The COVID-19 struck the access control market and had a negative impact in the sales of access control systems. The pandemic resulted in the most challenging operation situation in the history; it also impacted the financial performance of the companies along with the operating income and profitability. The companies relied on internal recruitment rather than external hiring, to cut down the cost of recruitment and increased their collaboration through numerous digital platforms, which is expected to improve productivity post Covid-19. To battle the ill effect of covid-19, the companies focused on improving employee’s safety, energy, water and materials efficiency along with certain others measures to reduce wastage and increase productivity.

Growth Factors

The access control market is expected to grow at an exponential rate in the forecast period. The rising use of access control systems for security purposes for employers & employees, as it protects employees from incidents which might happen in office premises or other places. The application of access control systems contributes in the growth for safety and security of office premise. The surging penetration of smart home solutions is driving the need for home automation and connected access control systems which can be operated remotely, eventually propelling the market growth.

The rising security concerns related to data safety, coupled with surging adoption of electronic devices & wireless technology are some of the factors driving market growth in the projected timeframe. Additionally, due to the technological advancement and the arrival of internet of things for cloud computing, Blockchain and connected devices technology are also contributing to the growth of the market. Governments in numerous countries have been deploying biometric readers for various purposes, which includes law enforcement, public identity, and employee identification among others.

Report Scope:

 

Biometric Readers Segment Analysis Preview

Biometric readers under hardware segment held a share of above 20% in 2019. This is due to the use of biometric technologies for measuring many physiological parameters for authentication and identification purpose in access control systems. It is considered to be one of the fastest growing technologies used for securing perimeters. It is being increasingly used in manufacturing units, government facilities, defense establishments, enterprises and power stations. Biometrics technologies are commonly deployed systems in a variety of industries, which includes financial services, healthcare, hospitality and travel. All this is anticipated to support market growth in the long run. Other segments under hardware are card-based readers, multi-technology readers, electronic locks, controllers and others.

Global Access Control Market ShareRequest Free Sample

Global Access Control Market Commercial Segment Analysis Preview

In Global Access Control Market Report, Commercials under vertical segment will grow at a CAGR of over 5% between 2021 to 2028. The surge is due to the rising adoption of access control system by facilities and units such as data centers and enterprises, BFSI, malls, retail stores entertainment and fun activity areas. Manned securities are expensive and difficult for all physical locations. Access control systems demand is increasing in commercial facilities as it has reduced the need for manned security in many places. These factors are anticipated to positively impact the market growth and increase the adoption of access control systems to protect lives and property.

Global Access Control Market Regional Analysis Preview

In Global Access Control Market Report, North America held a share above 36.83% in the access control market in 2019. This is due to the surging malware and cyber-attacks in the region. Numerous security agencies and governments are forced to enrich security features in their transactions via biometric and RFID technologies. Additionally, companies in Canada, US and Mexico are taking efforts in developing innovative access control systems and solution. This will give them advantage over their competitors thereby, increasing their share for access control market in the region. All this will contribute to the overall growth of the access control market in the long run.

Global Access Control Market Regional AnalysisRequest Free Sample

Asia Pacific is expected to grow at a CAGR of over 7.9% in 2021-2028. The surge is due to the advancements in the security system by the players in the region. Additionally, rising demand for access control systems in residential properties to avert burglary and invasion. The surging adoption of electronic lock access systems for residential properties is expected to drive market growth. Furthermore, rising importance of home automation and smart homes are some other factors driving the market growth. The other factors contributing to the market growth are surging crime rates, current technological advancements, rising need to identify gas leak or fire outbreak along with the safety of children is resident premises.

Key Market Players & Competitive Landscape

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.

The Global access control market is segmented as follows:

Global Access Control Market By Technology

  • Hardware
    • Card-Based Readers
    • Biometric Readers
    • Multi-Technology Readers
    • Electronic Locks
    • Controllers
    • Others
  • Software
  • 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

 

Table Of Content

Methodology

FrequentlyAsked Questions

The global access control market at USD 7.55 Billion in 2020.

The global access control market is expected to reach USD 13.50 Billion by 2028, growing at a CAGR of 7.19% between 2021 to 2028.

Some of the key factors driving the global access control market are rising use of access control systems for security purposes for employers & employees, as it protects employees from incidents which might happen in office premises or other places. The application of access control systems contributes in the growth for safety and security of office premise. The surging penetration of smart home solutions is driving the need for home automation and connected access control systems which can be operated remotely, eventually propelling market growth.

The rising security concerns related to data safety, coupled with surging adoption of electronic devices & wireless technology are some of the factors driving market growth in the projected timeframe. Additionally, due to the technological advancement and the arrival of internet of things for cloud computing, Blockchain and connected devices technology are also contributing to the growth of the market. Governments in numerous countries have been deploying biometric readers for various purposes, which includes law enforcement, public identity, and employee identification among others

Asia Pacific is expected to grow at a CAGR of over 9.7% in 2021-2028. The surge is due to the advancements in the security system by the players in the region. Additionally, rising demand for access control systems in residential properties to avert burglary and invasion. The surging adoption of electronic lock access systems for residential properties is expected to drive market growth. Furthermore, rising importance of home automation and smart homes are some other factors driving the market growth. The other factors contributing to the market growth are surging crime rates, current technological advancements, rising need to identify gas leak or fire outbreak along with the safety of children is resident premises.

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.

Choose License Type

  • zion payment modes

HappyClients

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed