Access Control System Market Scope
The access control system is a security technique that is used to control unauthorized access in a computing environment. Increasing demand for access control system owing to a rise in security concerns among numerous industry verticals such as military & defense, government, healthcare, education, manufacturing, and others to deal with increasing threats of data breaches driving the demand for the market. For instance, according to Identity Theft Resource Center 1,579 breach cases recorded in the United States in 2017. Moreover, the emergence of access control as a service and growing demand for mobile-based access control systems expected to fuel the market growth during the forecasted period.
According to AMA, the Global Access Control System market is expected to see growth rate of 7.98%There are number of player’s presence in the market hence the fragmented nature of the market. Market players are focusing on technological advancement such as integration of IoT with cloud computing platforms to provide secure access control solutions owing to a rise in cases of data breaches. For instance, according to the report published by the Commission Nationale de l'informatique ET des libertés (CNIL), a French Data Protection Authority. From May 2018 to October 2018 CNIL recorded 742 notifications of personal data breaches that affected 33,727,384 individuals located in France or elsewhere. Hence, in order to improve data security and privacy, there has been a rise in demand for the access control system which is expected to generate lucrative opportunities for the market players. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Access Control System market throughout the predicted period.
ASSA ABLOY AB (Sweden), Johnson Controls International plc (Ireland), Dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Honeywell Security Group (United States), Identiv, Inc. (United States), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Bosch Security Systems Inc. (United States), Gemalto N.V. (Netherlands), NEC Corporation (Japan), IDEMIA (France), Salto Systems (Spain), Axis Communications (Sweden), Lenel Systems International (United States), Time and Data Systems International (United Kingdom), AMAG Technology (United States), Gunnebo (Sweden), Gallagher Group (New Zealand) and Napco security Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Kisi Inc. (United States), Cansec Systems (Canada), Vanderbilt Industries (United States), Adman Technologies (India) and Brivo, Inc. (United States).
Segmentation Overview
The study have segmented the market of Global Access Control System market and Region with country level break-up.
On the basis of geography, the market of Access Control System 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).
Influencing Trend:
Technological Developments towards Deployment of Wireless Technology in Security Systems
Market Growth Drivers:
Increasing Adoption of IoT-Based Security Systems Integrated With Cloud Computing Platform and Increasing Urbanization in Emerging Economies
Challenges:
Security Concerns Related To Data Breach and Unauthorized Access in Security Solutions
Restraints:
High Cost of Access Control System and Less Awareness among End Users about Security Solutions
Opportunities:
Growing Demand for Mobile-Based Access Control System and Emergence of Access Control as a Service (ACaaS)
Market Leaders and their Expansionary Development Strategies
24th September 2018, ASSA ABLOY acquired Crossmatch in the United States provider of secure authentication and biometric identity management solutions.
12th July 2018, Johnson Controls launched security management systems, C•CURE 9000 v2.70 SP1 from Software House, for providing 24x7 mission-critical security and safety protection for buildings, assets, and people.
Key Target Audience
Access Control System Providers, Technology Providers, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.