The global access control market is determined to extend from $ 9.5 billion in 2019 to $ 13.3 billion by 2025, at an annual rate of 8.24% from 2020 to 2025.
Access control avoids harmful viruses and intruders from misusing personal data by offering security from hacking. The increasing security threat across the globe, technological progressions, and rise in urbanization are a few factors promoting the access control market. Access control includes several products like electronic locks, biometrics, proximity, servers, smart cards, and so on. Many corporate employees use mobile devices to access their corporate data, increasing the risk of being attacked. Recently, the use of access control has increased, such as smart cards, biometric data and others to protect against criminal and terrorist activities. Contactless access controls are increasingly employed in industries like construction, oil and gas, and processing plants.
The deployment of wireless techniques in the security system is a pivotal element for the target market. Wireless access control sends information through a wireless radio signal, where these wireless sensors are portable and track all kinds of unique things around the house, with real-time alerts that 'they keep up with what's going on. In addition, wireless intrusion detection and prevention systems assist to avoid security breaches by alerting the administrator of the network.
Recent developments:
Market growth and trends:
Health sector to retain largest market share
Market Drivers and Restraints:
The growing need for high alert security in the corporate world is expected to fuel the growth of the global access control market in the future. Due to technological developments and increasing urbanization, the incidence of data piracy has increased; This in turn should stimulate the market in the future. One of the main drivers of the global market is the growing threat of hacking worldwide. With the increase in the rate of criminal and terrorist activity, the demand for access control is expected to drive growth in the global access control market. The advanced level of data security involves access to corporate information, which is also determined to develop in the following years.
Market growth is driven by the high adoption of access control solutions due to rising crime rates worldwide; technological advances and the deployment of wireless technology in security systems. Also, the deployment of IoT-based security systems along with cloud computing platforms is promoting the growth potential in this industry.
Market segmentation:
By technology, the market is segmented into authentication systems, detection systems, alarm panels, communication devices, and perimeter security systems.
The authentication system is further divided into biometric, card, touch screen and keyboards, door contacts, anti-intrusion alarm systems. The detection system is further segmented into motion detector, glass break detector and door/window sensor. Perimeter security systems are further divided into autonomous perimeter security and buried perimeter security.
By end-user, the market is segmented into internal, commercial, industrial and residential security. National security is further segmented into defense and government buildings. The commercial segment is further divided into airports, financial institutions, healthcare, telecommunications, and stadiums.
Regional Analysis:
The access control solution has been widely adopted in the past decade in various industries, businesses, and residential properties in North America, Europe, Asia-Pacific and the rest of the world. Of these, Asia-Pacific is predicted to grow with the highest CAGR during the forecast period. The growth of the Asia-Pacific region is due to greater acceptance by foreign companies that establish their manufacturing plants. Thanks to this, several regional and local IT companies and companies have been created, which should create a need for more security for your assets. In nations like China, Japan and India, there is a huge revolution in residential characteristics. The main growth factor for residential access control is urbanization.
Moreover, countries like the USA, Canada, Germany and the United Kingdom already have established markets. These countries and some other European countries were the first to adopt the access control solution in offices and residential premises. North America was the dominant region in 2017 due to planned residential areas, office space, and commercial and government properties. However, recent immigration to the United States has placed many citizens at risk of theft or intrusion into the perimeter. This has also resulted in the expansion of the access control market in the United States.
Key players in the market:
The main players in the global access control market are Morpho SA, Assa Abloy AB, Siemens Building Technologies, Gemalto N.V., Honeywell Security Group, NEC Corporation and Kaba International Holding AG. Other key players influencing the global market include Tyco International Plc, Crossmatch Technologies, Inc., Identiv, Inc., Gunnebo Group, Allegion Plc, and Amag Technology, Inc. The main players in the global market are focusing on improving their market share through new innovations and strategies. For example, Mace Security International Inc. has announced the introduction of a new range of MaceTrac access control products that will enhance the security portfolio.
1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restaints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Access Control Market, By Technology
6.1.1 Authentication Systems
6.1.2 Detection Systems
6.1.3 Alarm Panels
6.1.4 Communication Devices
6.1.5 Perimeter Security Systems
6.1.6 Market Size Estimations & Forecasts (2019-2024)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Access Control Market, By End-User
6.2.1 Internal
6.2.2 Commercial
6.2.3 Industrial
6.2.4 Residential Security
6.2.5 Market Size Estimations & Forecasts (2019-2024)
6.2.6 Y-o-Y Growth Rate Analysis
6.2.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Technology
7.2.3 By End-User
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Technology
7.3.3 By End-User
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Technology
7.4.3 By End-User
7.5 Latin America
7.5.1 By Country
7.5.1.1 Brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Technology
7.5.3 By End-User
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Technology
7.6.3 By End-User
8. Key Player Analysis
8.1 Morpho SA
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Assa Abloy AB
8.3 Siemens Building Technologies
8.4 Gemalto N.V
8.5 Honeywell Security Group
8.6 NEC Corporation
8.7 Kaba International Holding AG
8.8 Tyco International Plc
8.9 Crossmatch Technologies, Inc
8.10 Allegion Plc
9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures
