Global Access Control Security Market Overview:
The use of access control systems acts as a security for each employer and staff, by protecting staff from any attainable incidents that will happen in workplace premises or the other place. The system additionally offers the availability of log keeping, any increasing answerability. The implementation of access management systems contributes to the expansion of the safety and security of workplace surroundings. Besides, the world demand for access management solutions is increased by growing technological innovations. For example, in keeping with a security firm survey, Morphean surveyed over 1,000 IT decision-makers across Europe and established that just about fifty you look after IT managers are presently using cloud-based video police investigation or access management solutions; 20 zip expressed that physical security is a priority improvement in 2020. Such developments are driving the demand for access management within the industrial house.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
High Deployment of Wireless Security Systems and Adoption Of IoT-Based Security Systems
Market Growth Drivers:
The Increment in Crime Percentage and Increasing Need for Security
Challenges:
Presence Of Competitors
Restraints:
Absence Of Mindfulness About Security Arrangements and High Costs of The Software
Opportunities:
Increasing Innovation and Research
Competitive Landscape:
An 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.
Some of the key players profiled in the report are Dormakaba Holding (Switzerland), ASSA ABLOY (Sweden), Johnson Controls (Ireland), Allegion (Ireland), Honeywell International (United States), Identiv (United States), Nedap (Netherlands), Suprema HQ (South Korea), Thales Group (France), Bosch Security Systems (Germany), NEC Corporation (Japan) and IDEMIA (France). Analyst at AMA Research see United States Players to retain maximum share of Global Access Control Security market by 2028. Considering Market by Industry Vertical, the sub-segment i.e. Enterprises & Data Centres will boost the Access Control Security market. Considering Market by Service, the sub-segment i.e. Hosted will boost the Access Control Security market.
Latest Market Insights:
In February 2020, dormakaba and everis collaborated to develop solutions that will enable travelers to access security checkpoints at airports using their own biometric facial recognition profile, without using any ID or boarding pass.
In November 2022, Micro Focus, through its line of business called CyberRes, introduced the CyberRes Managed Security Service Provider (MSSP) Program. This program combines CyberRes' comprehensive range of cybersecurity products and services with flexible deployment and licensing choices specifically designed for MSSP partners.
What Can be Explored with the Access Control Security Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Access Control Security Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Access Control Security
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Access Control Security market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Access Control Security market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Providers of Access Control Security, Governmental and Regulatory bodies and End-Users.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.