USD 10.00 billion
Access Control Market Size, Share, Growth Analysis, By Offering (Hardware, Software), By Type (Discretionary Access Control, Mandatory Access Control), By End User, By Region - Industry Forecast 2024-2031
Report ID:
SQMIG50B2019 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
105
|Figures:
76
Access Control Market Insights
Global Access Control Market size was valued at USD 10.00 billion in 2022 and is poised to grow from USD 10.85 billion in 2023 to USD 20.84 billion by 2031, growing at a CAGR of 8.5% during the forecast period (2024-2031).
The perimeter, high-level data, and assets are all protected by the access control system, which has evolved into one of the core components of enterprise security departments. There is little doubt that this system demand is progressing and changing quickly across sectors. The main drivers of the system need for increased security are increased liability, a new source of risks, and obligatory compliance. It prevents unauthorised parties from using the facilities or accessing them. The access control market demand is projected to be fueled by the security industry's fast transformation brought on by the introduction of cloud computing and wireless access facilities. The demand for physical security will also be fueled by the growing number of smart infrastructure projects, including smart houses, and buildings.
US Access Control Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Homeland Security
Fastest Growth
Homeland Security
Growth Rate
8.5% CAGR
Global Access Control Market 2021-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
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Access Control Market Segmental Analysis
Global Access Control Market is segmented by offering, type, end user and region. Based on offering, the market is segmented into hardware (card readers, biometric readers, electronic locks), software (on-premises, cloud-based) and services (professional services, managed services). Based on type, the market is segmented into discretionary access control (DAC), mandatory access control (MAC), role-based access control (RBAC), attribute-based access control (ABAC) and identity-based access control (IBAC). Based on end user, the market is segmented into commercial, residential, government, industrial, transport & logistics, healthcare, military & defense, education, retail & e-commerce, critical infrastructure and hospitality & entertainment. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Access Control Market Analysis by Type
The adoption of a DAC system is the primary factor fueling this market's expansion. The system is becoming increasingly popular on the market as a result of its advantages, including data security, increased effectiveness, quick authentication, and reduced cost. The availability of adaptable DAC solutions will probably boost market expansion.
One of the most secure systems with a substantial market share is the MAC system. This technology offers the apps many levels of security. As a result, the MAC system is widely used in the most important applications, including those involving military secrets and other sensitive information.
RBAC would increase significantly throughout the course of the prediction. The demand for the RBAC system is primarily driven by an improved security model at a cheaper price.
Global Access Control Market Share By Applicatione, 2021 (%)
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Access Control Market Regional Insights
With USD 3.81 billion in sales in 2021, North America topped the world market. Significant investment in wireless networks and security solutions is credited with this supremacy. The need for wireless access management systems is increasing as a result of the established surveillance infrastructure. Due to widespread smartphone use in the country, a mobile access management system is required. The industry is also expanding as a result of widespread usage of cloud computing and IoT-based solutions. In addition, the market expansion is predicted to be aided by the presence of many significant players in North America, including Genetec Inc., Honeywell International Inc., and Identiv, Inc.
Global Access Control Market By Geography, 2021 - 2028
- Largest
- Fastest
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Access Control Market Dynamics
Access Control Market Driver
Growing Proliferation of Multifactor and Multimodal Authentication to Transform Access Control System’s Landscape
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A critical component of digital access is evolving into the multifactor and multimodal authentication system. With the rise in security requirements, multifactor authentication is receiving a lot of attention. Physical security based on a two-factor authentication system is crucial in a variety of sectors, including the oil and gas, utility, electricity, and other vital infrastructure. Customers in the business sector that require a high level of security are becoming more and more familiar with the multifactor authentication method. The need for a two-factor authentication system has grown as a result of the introduction of multimodal readers that enable pin-pad, mobile, biometrics, and key cards all in one device. The system's high level of security and ease of network access go hand in hand.
Access Control Market Restraint
High Initial Setup Cost
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There are several access control technology choices with a wide range of features and advantages. Smart cards, keypads, biometric systems, and smartphone systems are only a few examples of systems displaying their price variation. Systems using physical keys-based locks may not have large costs. However, changing or rekeying the locks might result in large additional costs. Additionally, adding additional protection layers may increase the system's overall cost. Due to the additional degree of protection and functionality they provide, these systems—which include biometrics, card-based systems, intercom or buzzer systems, and others—have a greater initial cost. High system costs might therefore have an impact on adoption as a whole.
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Access Control Market Competitive Landscape
The Global Access Control market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.
Access Control Market Top Player's Company Profiles
- ASSA ABLOY AB
- dormakaba Group
- Johnson Controls International plc
- Allegion plc
- Honeywell International Inc.
- Bosch Security Systems GmbH
- Thales Group
- Identiv, Inc.
- Nedap N.V.
- Suprema Inc.
- NEC Corporation
- Axis Communications AB
- IDEMIA
- Brivo Systems, LLC
- Gallagher Group Limited
- SALTO Systems, S.L.
- Schneider Electric SE
- Panasonic Corporation
- AMAG Technology
- Gunnebo Safe Storage AB
Access Control Market Recent Developments
- In February 2021, the introduction of the MPA1 and MPA2 access control panels, which provide cloud, web-based, or on-premise hosting options, was announced by Honeywell.
- In April 2021, the main airport in Okinawa, Japan's Naha Airport, will soon have an electronic customs procedural system that uses face recognition, according to an announcement made by NEC Corporation.
Access Control Key Market Trends
- The business sector's focus on organizational mobility practices has changed as a result of the rising use of smartphones and other mobile devices. The need for mobile technology has increased due to the dramatic shift toward business mobility. According to a 2021 HID Global report, 54% of organizations will switch to mobile access control systems within the next three years. One of the most well-liked items in mobile-based solutions is mobile credentials. Most authentication cards are not encrypted and can be simply duplicated. As a result, credential ecosystems built on SEO technology are becoming increasingly popular across sectors.
Access Control Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by robust Secondary Desk research.
According to our Global Access Control Market Analysis, the market demand is projected to be fueled by the security industry's fast transformation brought on by the introduction of cloud computing and wireless access facilities. The demand for physical security will also be fueled by the growing number of smart infrastructure projects, including smart houses, buildings, and buildings. New prospects for cutting-edge technology are being created by the expanding use of wireless security systems, rising crime rates, and the rising use of cloud computing platforms.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 10.00 billion |
| Market size value in 2031 | USD 20.84 billion |
| Growth Rate | 8.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Access Control Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Access Control Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Access Control Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Access Control Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Access Control Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Access Control Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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