Global Access Control Market is projected to reach a value of over USD 13.3 billion by 2027

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5 min readAug 27, 2020

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Access Control Market: Summary

The Global Access Control Market is projected to reach a value of over USD 13.3 billion by 2027 at a CAGR of around 8.7%.

Access control is refers to a security technique, which helps in reducing the risk of unauthorized access to physical and logical systems. Also, it is a fundamental concept in security which minimizes the risk to the industries or of the organization. Whereas, it helps to integrated for organization IT environments. Also, the system helps to provides access control software as well as management tools for auditing and access control policies.

Hence, it also lead to increase the security for the employees which involve identity as well as access management systems. These is anticipate to increase the demand for access control market in the forecast period.

Access Control Market: Drivers & Restraints

Market Driver:

  • Increasing Deployment of Wireless Technologies

With the increasing deployment of wireless technology is witness to boost the growth of the market in the projected period. Whereas, the networked wireless access control systems permit user to collect information from a data gathering panel, as well as provides ability to get in real-time benefits. Also, it helps to eliminate the addition cost related to the installation of hardware and wings. Moreover, Access Control as a Service (ACaaS) also helps to enable management for a multi-location business from a central location. Also, it provides a features to manage the system as well as review logs at any movement with the help of web browser.

Hence, it support to provide a fully automated and an intelligent solution which may lead to boost the growth of the access control market in the projected period.

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Market Restraints:

  • Security and Privacy Concerns

One of the major key concern of the access control market is the security and privacy concerns which may hinder the growth of the market. Whereas, the password management is also one of the major concern issues in access control market. Also, the high cost of initial investment in the system will also lead to hamper the growth of the market. And the most common security risk is at natural disasters which may create a negative impact for the growth of the market.

Hence, these security risk is projected to minimize with the help of security awareness training of the user population.

Access Control Market: Key Segments

  • Segmentation based on Offering: Hardware, Software and Services.
  • Segmentation based on Deployment Type: Cloud and On-Premises.
  • Segmentation based on Types: Mobile-Based Access Control Systems, Web-Based Access Control Systems and IOT-Based Access Control Systems.
  • Segmentation based on Models: Mandatory Access Control (MAC), Discretionary Access Control (DAC), Role-Based Access Control (RBAC) and Rule-Based Access Control (RBAC).
  • Segmentation based on End-User: BFSI, Military and Defense, Government, Retail, Healthcare, IT & Telecommunication, Manufacturing, Transportation and Others.
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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Access Control Market: Report Scope

The report on the access control market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019–2027

Base Year for Market Calculation

2020

Forecasted Period

2021–2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Offering, Deployment Type, Types, Models, End-User and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • ASSA ABLOY (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Dormakaba Group
  • Johnson Control
  • Allegion plc
  • Honeywell
  • Identiv, Inc.
  • SUPREMA
  • THALES GROUP
  • Bosch Sicherheitssysteme GmbH
  • Other Key Companies
  • NEC Corporation
  • Nedap N.V

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Access Control Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Access Control Market, by Offering

  • Hardware
  • Biometric Readers
  • Electronic Locks
  • Card Readers
  • Multi-technology Readers
  • Software
  • Services
  • Installation And Integration
  • Support and Maintenance

Access Control Market, by Deployment Type

  • Cloud
  • On-Premises

Access Control Market, by Types

  • Mobile-Based Access Control Systems
  • Web-Based Access Control Systems
  • IOT-Based Access Control Systems

Access Control Market, by Model

  • Mandatory Access Control (MAC)
  • Discretionary Access Control (DAC)
  • Role-Based Access Control (RBAC)
  • Rule-Based Access Control (RBAC)

Access Control Market, by End-User

  • BFSI
  • Military and Defense
  • Government
  • Retail
  • Healthcare
  • IT & Telecommunication
  • Manufacturing
  • Transportation
  • Others

Access Control Market, by Region

  • North America
  • US
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Taiwan
  • South Korea
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • Italy
  • UK
  • Russia
  • Rest of Europe
  • Middle East & Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
  • South America
  • Brazil
  • Argentina
  • Rest of South America

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Table of Content

1 Introduction

2 Research Design & Scope

3 Executive Summary

4 Market Dynamics

5 Industry Trends — Porters Five Forces Analysis

6 GLOBAL ACCESS CONTROL MARKET BY OFFERING, Market Size in USD Million (2019–2027)

7 GLOBAL ACCESS CONTROL MARKET BY DEPLOYMEN TYPE, Market Size in USD Million (2019–2027)

8 GLOBAL ACCESS CONTROL MARKET BY TYPES, Market Size in USD Million (2019–2027)

9 GLOBAL ACCESS CONTROL MARKET BY MODELS, Market Size in USD Million (2019–2027)

10 Competitive Landscape

11 Company Profiles

12 Appendix

About Forencis Research

Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”.

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