About Automated Access Control and Security Systems
The Automatic Access Control System, also known as the AACS, is a security measure that is used to control who goes where and when around your site. They integrate with the existing borders of the site, controlling access along those borders. Only a user with the correct security credential can pass through an access point. There are a wide range of advantages, including that they allow access to controlled areas and information to be controlled in accordance with pre-established policies and rules. They help mitigate potential security risks by providing an added layer of protection. The rapid advancements in technology, including artificial intelligence (AI), machine learning (ML), the Internet of Things (IoT), and cloud computing, have transformed the landscape of access control and security systems.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ASSA ABLOY Group (Sweden), Honeywell International Inc.(United States), Bosch Security System (United States), Johnson Controls (United States), Siemens AG (Germany), HID Global (United States), Axis Communications (Sweden), Genetec Inc (Canada), Gallagher Security (New Zealand), Dormakaba (Switzerland), Access Control Technologies (United States), Alcor Life Extension Foundation (United States), Schneider Electric SE (France), 3xLOGIC (United States), Tyco International plc (Ireland), Bosch Sicherheitssysteme GmbH (United States) and Motorola Solutions, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Automated Access Control and Security Systems market by Type (Barriers, Sliding Automation Systems, Pivoting Automation Systems, Bollards and Tire Killers), Application (Vehicle Access Control, Pedestrian Access Control, Traffic Management and Perimeter Security) and Region.
On the basis of geography, the market of Automated Access Control and Security Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Electric will boost the Automated Access Control and Security Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Commercial will boost the Automated Access Control and Security Systems market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
The incresed adoption of cloud-based access control and security solutions
Market Growth Drivers:
Increasing concern about security threats across various sectors and Growing awareness of cybersecurity risks
Challenges:
The security system is time-consuming and Systems can be susceptible to hacking or cyberattacks.
Restraints:
High capital expenditure required to invest in automation
Opportunities:
Focus on innovation in technologies such as artificial intelligence, machine learning, biometrics, and blockchain in access control and security systems.
Market Leaders and their expansionary development strategies
In January 2022, Access Control Systems has acquired Access Control Technologies. ACT is Central Florida's leading installer of automated gate systems. Headquartered in Orlando. The acquisition will provide a significant opportunity for employees as the company grows to the next level. and In April 2022, Johnson Controls , the global leader for smart, healthy and sustainable buildings, has acquired Security Enhancement Systems LLC , a provider of mobile-based, keyless access control solutions used in critical infrastructure, including telecommunication towers for major providers. This acquisition will further benefit the current and future customers by providing a wide array of cost-effective security and productivity solutions.
In January 2022, Alcor, a leading partner in the digital transformation space and global provider of cloud solutions, security, and implementation services, has launched IAM product, AccessFlow.It is an automated, self-service enterprise access management product built on the ServiceNow platform and helps organizations in achieving automated, centralized, and compliant Access Management.
Key Target Audience
Manufacturers, Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and End-Use Industries
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.