Global Access Control Market by Component and By Region

The GMI Research foresees that the Access Control Market will perceive a notable demand over the forecast period. This is mainly because of the augmenting endorsement of IoT, ongoing technological modernizations, and accelerating penetration of smart home solutions.

Introduction of the Access Control Market 

According to the Access Control market research it refers to a safety technique to promise the identity of the users and the approach of a satisfactory person to the company’s data. Their two varieties are controlled physical and virtual access control. In which, the physical users are supposed to provide their credentials before they are given access. Whereas in virtual access, supervision or computing might be a PIN, passcode, or even a biometric reading.  

Key Players of Market:

  • Nedap N.V.
  • Bosch Sicherheitssystems GmbH
  • Johnson Controls
  • Allegion plc
  • Identiv, Inc.
  • Honeywell International PLC
  • ASSA ABLOY
  • Suprema
  • Dormakaba Holding
  • Gemalto NV

Access Control Market Dynamics

Rapid urbanization and the accelerating cases of identity theft and data hacking are the factors supplementing the demand of the global access control market. In addition, the growing acquisition of access control solutions because of the growing crime rates and ongoing technological modernizations has strengthened the market size. Moreover, the aggravating endorsement of IoT-based safety systems allowed cloud computing platforms to amplify the security level in the commercial, residential, and industrial sectors, and the usage of wireless technology in security systems further contribute to the access control market growth.

Furthermore, the enlarging concentration of governments on lodging time-based access systems in specific commercial or public premises and the amplifying need for high alert security systems in organizations with a large number of employees will complement the market demand. In addition to this, the explosion of the coronavirus crisis has positively impacted the market because of the soaring requirement to safeguard records of acute health information and restrain the examination of private health records in the healthcare sector. However, insufficient knowledge among the end-users concerned with these control systems, inflated costs, and the safety concern associated with the unsanctioned access will hinder the access control market size.

Components Segment Drivers

Based on components, hardware is contemplated to bolster at a higher rate over the coming years. The growing demand for smart and vicinage cards to administer and document employee activities in the corporate offices is stimulating the market demand. Also, the global access control market analysis report states that smart cards are extensively employed in credentials to authenticate the user’s identity and provide access to grand or denial accordingly. 

Access Control Market Segmentation:

Segmentation by Component

  • Hardware
  • Card-Based Readers
  • Magnetic Stripe Readers
  • Proximity Card Readers
  • Smart Card Readers
  • Biometric Readers
  • Fingerprint Recognition
  • Palm Recognition
  • Iris Recognition
  • Facial Recognition
  • Voice Recognition
  • Multi-Technology Readers
  • Electronic Locks
  • Electromagnetic Locks
  • Electric Strike Locks
  • Smart Locks
  • Controllers
  • Serial Access Controllers
  • IP Access Controllers
  • Others
  • Software
  • Services
  • Installation and Integration
  • Maintenance and Support
  • Access Control as a Service
  • Hosted ACaaS
  • Managed ACaaS
  • Hybrid ACaaS

Segmentation by Vertical

  • Commercial
  • Enterprises and Data Centers
  • Banks and Financial Centers
  • Hotels, Stadiums, and Amusement Parks
  • Retail Stores and Malls
  • Military and Defense
  • Government
  • Residential
  • Healthcare
  • Education
  • Manufacturing and Industrial
  • Transportation

Segmentation by Region:

  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • RoW
    • UAE 
    • Brazil
    • South Africa
    • Saudi Arabia

About GMI Research

Aimed to provide business information and market research reports to various small, medium, and large-scale companies, GMI is a research and consulting enterprise. The team of seasoned experts collect all the appropriate information using both internal and external databases. The concentration of our organisation is to penetrate our clients with the approaching opportunities and challenges. The team further helps to perceive the influence of share, drivers, size, growth opportunities, and other market aspects.