Global Access Control Market - Overview
The global Access Control Market is growing rapidly,
witnessing a spurting rise in demand for security technologies. Access control
technologies have taken the paradigms of security up to the ascended level,
evolving dramatically. Access control leverages the latest technologies to offer
complete and accurate fingerprint scanning to voice recognition and biometric
solutions that can not only capture images but also analyze real-time video
data, transforming the way identification and personal information of
individuals.
These advantages are escalating the growth of the
market. According to Market Research Future (MRFR), the global access control
market is poised to create a valuation of USD 12.53 BN by2023, growing at 9%
CAGR during the review period (2018-2023). Organizations are capitalizing upon
existing surveillance infrastructures, access control, and time &
attendance applications. Rising deployments of wireless technology in security
systems accelerate market growth.
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Additionally, the broader adoption of IoT based
security systems with cloud computing platforms substantiates the growth of the
market. COVID 19 pandemic is expected to increase the size of the market,
increasing the prominence of remote Access Control technologies. Growing
numbers of offices are integrating upgraded access control solutions that can
eliminate needs for key cards, fobs, or traditional keys.
Increasing uptake of next-generation biometrics in
border security control, crime-fraud prevention & detection, attendance
recording, and payment systems, influences the market growth. Besides, the
proliferation of next-generation biometric products in government and travel
& immigration industry verticals impact the market growth positively.
Conversely, the lack of awareness about advanced security systems &
concerns is the primary factor estimated to impede the market growth.
Access Control Market – Segmentation
The report is segmented into three dynamics;
By Technology :
Authentication Systems (biometric, card-based, touch screen & keypads, door
contacts, intruder alarm systems, others), Alarm Panels, Detection Systems
(motion detector, glass break detector, and door/window sensor, others),
Communication Devices, Perimeter Security System (free standing perimeter
security, buried perimeter security, others), and others.
By Application :
Homeland Security (defense & government buildings), Commercial (airports,
financial institutions, healthcare, telecommunication, stadiums, others),
Industrial, Residential, and others.
By Regions :
Asia Pacific, North America, Europe, and the Rest-of-the-World.
Regional Analysis
North America dominates the global access control
market. The largest market share attributes to vast technological advancements
and increasing adoption by law enforcement agencies and enterprises. Besides,
early adoption of the latest identification & recognition technologies and
in various industries, enterprises, and residential properties across the
region drive market growth.
Europe stands second in the global access control
market. The market growth is driven by the rising uptake of advanced biometric-enabled
access control to reduce the risk of burglary and theft. Additionally, the
rapid urbanization and increasing office & residential premises is a major
factor behind the growth of the regional market. Furthermore, illegal
immigrants in the region push the growth of the market, posing the risk of
theft/ perimeter intrusion.
The access control market in the Asia Pacific region
is growing rapidly. Factors such as considerable advancements in the related
technologies and the availability of futuristic yet cost-competitive
identification technologies act as a major tailwind for the market growth.
Also, the increasing adoption of advanced access
control across government and commercial sectors to identify individuals
provides a significant impetus to the growth of the regional market. Additionally, the dynamic growth in
industries such as web, telecom, data centers, and the internet of things (IoT)
substantiates the growth of the regional market.
Competitive Analysis
Highly competitive, the access control market
appears fragmented owing to the presence of several well-established players.
To gain a larger competitive share, mergers & acquisitions, collaboration,
brand reinforcement, and innovation remain key trends of industry players.
Players make substantial investment research and development of innovative
technologies and to upgrade their product portfolio.
Major players:
Players leading the access control market include
Gemalto NV (Netherlands), ASSA ABLOY AB (Sweden), Allegion PLC (Ireland), Tyco
International PLC (Ireland), NEC Corporation (Japan), Honeywell Security Group
(US), Gunnebo AB (Sweden), Bosch Security Systems Inc. (Germany), NAPCO
Security Technologies Inc. (US), and Crossmatch Technologies Inc. (US), among
others.
Additional players holding a sizable market share
are Identiv, Inc. (US), Dorma+Kaba Holding AG (Switzerland), Nedap N.V.
(Netherlands), Ot-Morpho (France), Suprema HQ Inc. (South Korea), Amag
Technology, Inc. (US), Lenel Systems International, Inc. (US), Forescout
Technologies, Inc. (US), Brivo, Inc (US), Adman Technologies Pvt. Ltd. (India),
Vanderbilt Industries (Ireland), Axis Communications AB (Sweden), Time and Data
Systems International Limited (UK), and Access Control Innovation (Hong Kong).
Industry/ Innovation/ Related News:
August 12, 2020 ---- Hytera America, a leading
market-leading manufacturer, and supplier of two-way radio communications
technology, launched the SmartGuard biometrics access control solution. Hytera
SmartGuard provides non-contact body temperature screening, reducing the risk
of virus transmission and facial recognition to validate employee identity for
building access.
The infrared temperature screening accurately reads
the temperature of visitors and employees standing in front of the device with
0.54 degrees Fahrenheit accuracy. If a temperature reading exceeds the present
threshold, SmartGuard provides an audible alarm and sends messages to the
management software. This eliminates the need for hand-held temperature readers
in the proximity.
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