image

Access Control Market Report Scope & Overview:

Access Control Market Size was valued at USD 9.65 billion in 2022 and is expected to reach USD 18.54 billion by 2030, growing at a CAGR of 8.5% over the forecast period 2023-2030.

Access control refers to a type of instrument where a mechanism allows or invalidates the right to access certain information or performs certain functions in order to enhance security by allowing the individual to change the site security settings and control user access simultaneously. These solutions are based on maintaining personal identity with biometrics or access card. They guarantee the same to give access somewhere in the business. It helps prevent unauthorized viruses and hackers from misusing personal information and protecting personal data from being hacked.

Access Control Market Revenue Analysis

Get more information on Access Control Market - Request Sample Report

MARKET DYNAMICS:

KEY DRIVERS:

  • Continuous technological advancements and an increase in the deployment of wireless security systems.

  • Rising use of IoT-based security systems in conjunction with cloud computing platforms.

  • Globally, the number of terrorist attacks and organized crime is increasing.

RESTRAINTS:

  • Concerns about security and privacy in the access control environment stem from unauthorized access and data breaches.

  • Access control systems have high installation, maintenance, and ownership costs.

OPPORTUNITIES:

  • Emerging countries are experiencing rapid urbanization.
  • Mobile-based access control is becoming more widely used.
  • Smart city initiatives are proliferating all over the world.

CHALLENGES:

  • Users are less aware of the availability and benefits of advanced security solutions.

IMPACT OF COVID-19:

The access control market has seen unprecedented growth over the past decade due to growing market competition. This, in turn, increases the need for offline biometrics and smart card protection environment solutions. However, due to COVID-19, the industry faced a major crisis, which has led to the simultaneous collapse of service delivery and demand. The market has been driven by a huge increase in demand for access control solutions for various verticals over the past few years. However, the epidemic has caused a slowdown in market growth. The market is expected to regain its growth momentum as consumer industries begin to recover from the effects of the epidemic.

Based on Offering, the access control market is segmented into hardware, software, and service. The hardware sector is more bifurcated into Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Controllers, and others.

Biometric System is one of the fastest-growing technologies used to protect perimeters. Biometrics enables the identification of a person's physical features in order to provide controlled physical access to infrastructure. These technologies are increasingly used in government institutions, manufacturing industries, power stations, defense centers, and companies. In addition, speech and voice recognition & facial recognition are non-contact, non-disruptive, and easy-to-use technology for biometrics. It is a non-invasive method of identifying and validating a person who improves the market demand for biometric readers during forecasting.

Based on Industry verticals, the access control market is segmented into Commercial, Government, Education, Manufacturing & Industrial, Military & Defense, Residential, Healthcare, and Transportation.

The residential vertical is expected to grow at a much higher rate during forecasting. As the rate of theft and burglary increases worldwide, security becomes a major concern for people, residents, and private residences. In smart homes, access control systems are used to improve safety and security. Individuals are allowed to enter smart homes using biometric technology or non-biometric technology such as numerical codes. Recent technological advances have expanded the effectiveness of access control systems, providing greater flexibility and ease of use for users. This is expected to play a major role in keeping the residential real estate market afloat.

MARKET SEGMENTATION:

BY OFFERING

  • Hardware

  • Software

  • Service

BY SERVICE

  • Managed

  • Hosted

  • Hybrid

BY INDUSTRY VERTICAL

  • Commercial

  • Government

  • Education

  • Manufacturing & Industrial

  • Military & Defense

  • Residential

  • Healthcare

  • Transportation

Access Control Market Segmentation Analysis

Get Customized Report as per your Business Requirement - Request For Customized Report

REGIONAL ANALYSIS:

APAC is expected to hold the largest market share and provide many opportunities for market growth during the forecast period, due to industrial developments and the great need for security systems in the region. The growing adoption of access control systems for small and medium enterprises, tourist businesses, airports, ATMs, banks, residences, and religious sites is expected to further the growth of the access control market. The APAC access control market is driven primarily by trade, military and defense, government, and industry. The growing risks of terrorist intimidation and crime rates and the low police force - in the population of APAC countries are also expected to create greater demand for access control systems. The market in this region has been studied by China, Japan, India, South Korea, and APAC as a whole.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • South Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of the Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

KEY PLAYERS:

The key players in the access control market are dormakaba Holding, Johnson Controls, Honeywell International, Nedap, Thales Group, NEC Corporation, ASSA ABLOY, Allegion plc, Identiv, Inc, Suprema HQ, Bosch Security Systems & Other Players.

Johnson Controls-Company Financial Analysis

Access Control Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 9.65 Billion
Market Size by 2030 US$ 18.54 Billion
CAGR CAGR of 8.5% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Offering (Hardware, Software, Service)
• By Service (Managed, Hosted, Hybrid)
• By Industry Vertical (Commercial, Government, Education, Manufacturing & Industrial, Military & Defense, Residential, Healthcare, Transportation)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles dormakaba Holding, Johnson Controls, Honeywell International, Nedap, Thales Group, NEC Corporation, ASSA ABLOY, Allegion plc, Identiv, Inc, Suprema HQ, Bosch Security Systems and Other key players.
DRIVERS • Continuous technological advancements and an increase in the deployment of wireless security systems.
• Rising use of IoT-based security systems in conjunction with cloud computing platforms.
• Globally, the number of terrorist attacks and organised crime is increasing.
Restraints • Concerns about security and privacy in the access control environment stem from unauthorised access and data breaches.
• Access control systems have high installation, maintenance, and ownership costs.

Frequently Asked Questions

The market value will be expected to reach USD 18.54 billion by 2030, growing at a CAGR of 8.5% over the forecast period 2023-2030.

The key players in the access control market are dormakaba Holding, Johnson Controls, Honeywell International, Nedap, Thales Group, NEC Corporation, ASSA ABLOY, Allegion plc, Identiv, Inc, Suprema HQ, Bosch Security Systems & Other Players

due to COVID-19, the industry faced a major crisis, which has led to the simultaneous collapse of service delivery and demand.

The market has been segmented with respect to offering, service, industry vertical.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

  

8. Access Control Segmentation, by offering

8.1Introduction

8.2 Hardware

8.3 Software

8.4 Service

9. Access Control Segmentation, by service

9.1 Introduction

9.2 Managed

9.3 Hosted

9.4Hybrid

10. Access Control Segmentation, by Industry Vertical

10.1 Introduction

10.2 Commercial

10.3 Government

10.4 Education

10.5 Manufacturing & Industrial

10.6 Military & Defense

10.7 Residential

10.8 Healthcare

10.9 Transportation

11. Regional Analysis

11.1 Introduction

11.2 North America

11.2.1 USA

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 France

11.3.4 Italy

11.3.5 Spain

11.3.6 The Netherlands

11.3.7 Rest of Europe

11.4 Asia-Pacific

11.4.1 Japan

11.4.2 South Korea

11.4.3 China

11.4.4 India

11.4.5 Australia

11.4.6 Rest of Asia-Pacific

11.5 The Middle East & Africa

11.5.1 Israel

11.5.2 UAE

11.5.3 South Africa

11.5.4 Rest

11.6 Latin America

11.6.1 Brazil

11.6.2 Argentina

11.6.3 Rest of Latin America

12.Company Profiles

12.1 Johnson Controls

12.1.1 Financial

12.1.2 Products/ Services Offered

12.1.3 SWOT Analysis

12.1.4 The SNS view

12.2 dormakaba Holding

12.3 Honeywell International

12.4 Nedap

12.5 Thales Group

12.6 NEC Corporation

12.7 ASSA ABLOY

12.8 Allegion plc

12.9 Identiv, Inc

12.10 Suprema HQ

12.11 Bosch Security Systems

12.12 Others

13.Competitive Landscape

13.1 Competitive Benchmark

13.2 Market Share analysis

13.3 Recent Developments

14.Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Data Bank Validation

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.

Start a Conversation

Hi! Click one of our member below to chat on Phone