Access Control Market by Component (Hardware Card-Based Readers, Biometric Readers, Electronic Locks, Controllers, and Software), Service (Installation, Maintenance, & ACaaS), Vertical, and Geography - Global Forecast to 2024
[177 Pages Report] The overall access control market is expected to grow from USD 7.5 billion in 2018 to USD 12.1 billion by 2024, at a CAGR of 8.24% from 2018 to 2024. The growth of the access control market is driven by high adoption of access control solutions owing to increasing crime rates globally; technological advancements and deployment of wireless technology in security systems; and adoption of IoT-based security systems with cloud computing platforms. The adoption of access control as a service (ACaaS); implementation of mobile-based access control; and increasing urbanization in emerging countries are expected to provide huge growth opportunities to market players.
Card-based readers to hold the largest share of the access control market during the forecast period”
Cards are used as credentials to authenticate user identity and determine access grant/denial (also the appropriate level of access). Access control readers can be magnetic stripe, proximity, or smart card readers. Card-based readers are proven to be more reliable than biometric readers and electronic locks. The increasing demand for smart and proximity cards to monitor and record employee activities is one of the drivers for the growth of card-based readers. Smartcards are proven to be more reliable than magnetic stripes and proximity cards. The increasing demand for smart and proximity cards to monitor and record employee activities is one of the drivers for the growth of smart card readers.
Growing need for security solutions holds largest market share for commercial vertical in access control market”
The commercial vertical is the largest adopter of access control systems. In this vertical, commercial premise such as enterprises and data centers, banks and financial centers, hotels, retail stores and malls, and entertainment areas have been considered. These places require access control systems for protecting people and assets by preventing unauthorized access. The demand for access control systems is increasing since they reduce the need for manned security significantly, thereby reducing security expenditure. These factors are encouraging commercial and service organizations to adopt access control systems to protect people and property
“Market in APAC expected to grow significantly during forecast period
The access control market in APAC is expected to grow at the highest CAGR during the forecast period. Factors driving the growth of the market in this region include growing industrialization, commercialization, and high demand for security systems. Also, rising terror threats and crime rates in APAC countries and low police officer to population ratio are expected to support the high demand for access control systems in APAC. China accounted for the largest share of the access control market in APAC in 2018. Increased terror threats and growing government spending to enhance security are some of the key factors driving the growth of the access control market. The growing economy of China also creates a significant requirement for security systems. Large population, increasing investments for digitalization, significant R&D, and increasing industrialization in APAC would drive the adoption of security systems.
Key market players
The access control market is currently dominated by ASSA ABLOY AB (Sweden), Johnson Controls International plc (Ireland), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Honeywell Security Group (US), Identiv, Inc. (US), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Bosch Security Systems Inc. (US), and Gemalto N.V. (Netherlands). A few of the major strategies adopted by these players to compete in the access control market include product launches and developments, partnerships, and mergers and acquisitions.
Other players operating in the access control market are NEC Corporation (Japan), IDEMIA (France), Salto Systems (Spain), Axis Communications (Sweden), Lenel Systems International (US), Time and Data Systems International (UK), AMAG Technology (US), Gunnebo (Sweden), Gallagher Group (New Zealand), Napco security Technologies (US), Kisi Inc. (US), Cansec Systems (Canada), Vanderbilt Industries (US), Adman Technologies (India), and Brivo, Inc. (US). These players have adopted product developments and launches, mergers and acquisitions, and partnerships and collaborations to grow in the access control market.
Major market developments
- In September 2018, Johnson Controls (Ireland) introduced the C•CURE 9000 v2.70 Service Pack 2 (SP2), one of the industry’s most powerful security management systems, providing 24x7 mission-critical security to people, buildings, and assets.
- In June 2018, Bosch Security Systems (US) released an enhanced version (3.7) of its access control software, Access Professional Edition (APE). APE 3.7 supports companies in meeting the requirements of the European Union’s General Data Protection Regulation (GDPR).
- In September 2018, ASSA ABLOY AB (Sweden) acquired Crossmatch (US), one of the leading providers of biometric identity management and secure authentication solutions. This acquisition will enhance ASSA´s position as the world’s one of the leading biometric companies and provides complementary growth opportunities.
- In September 2017, Identiv, Inc. (US) partnered with Zwipe AS (Norway), a biometric technology company, for access control card formatting services. Identiv’s card service bureau is programming the radio frequency identification (RFID) chips in Zwipe’s biometric credential line, providing all physical access control system (PACS) formats from Identiv’s portfolio.
Key questions addressed by the report
- Where will all these developments take the industry in the mid-to-long term?
- What are the upcoming trends in the access control market?
- What are the opportunities for existing market players and those planning to enter the market?
- How inorganic growth strategies would implement by key players impact the growth of the access control market, and who would have the undue advantage?
- What are the current investment trends in the access control market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 17)
1.1 Study Objectives
1.2 Definition
1.3 Markets Segmentation
1.3.1 Geographic Scope
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders
2 Research Methodology (Page No. - 22)
2.1 Research Data
2.2 Secondary Data
2.2.1.1 Major Secondary Sources
2.2.1.2 Secondary Sources
2.2.2 Primary Data
2.2.2.1 Primary Interviews With Experts
2.2.2.2 Key Data From Primary Sources
2.2.2.3 Key Industry Insights
2.2.2.4 Breakdown of Primaries
2.2.3 Secondary and Primary Research
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.3.2 Top-Down Approach
2.3.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.4 Market Breakdown and Data Triangulation
2.5 Research Assumptions
3 Executive Summary (Page No. - 31)
4 Premium Insights (Page No. - 35)
4.1 Attractive Opportunities in Access Control Market
4.2 Access Control Market, By Component and Service
4.3 Access Control Market in North America, Vertical and Country
4.4 Access Control Market, By Country
5 Market Overview (Page No. - 38)
5.1 Introduction
5.1.1 Drivers
5.1.1.1 High Adoption of Access Control Solutions Owing to Increasing Crime Rates Globally
5.1.1.2 Technological Advancements and Deployment of Wireless Technology in Security Systems
5.1.1.3 Adoption of Iot-Based Security Systems With Cloud Computing Platforms
5.1.2 Restraints
5.1.2.1 High Cost and Perception of Unreliability
5.1.2.2 Less Awareness Among Users About Advanced Security Solutions
5.1.3 Opportunities
5.1.3.1 Adoption of Access Control as A Service (ACaaS)
5.1.3.2 Implementation of Mobile-Based Access Control
5.1.3.3 Increasing Urbanization in Emerging Countries
5.1.4 Challenges
5.1.4.1 Security Concerns Related to Unauthorized Access and Data Breach in Access Control Environment
5.2 Value Chain Analysis
6 Access Control Models (Qualitative) (Page No. - 45)
6.1 Introduction
6.2 Discretionary Access Control (DAC)
6.3 Mandatory Access Control (MAC)
6.4 Role-Based Access Control (RBAC)
7 Access Control Systems (Qualitative) (Page No. - 46)
7.1 Introduction
7.2 Physical Access Control
7.3 Electronic Access Control
7.4 Logical Access Control
7.5 Network Access Control
7.6 Mobile Access Control
8 Access Control Market, By Component and Service (Page No. - 48)
8.1 Introduction
8.2 Hardware Components
8.2.1 Card-Based Readers
8.2.1.1 Magnetic Stripe Readers
8.2.1.1.1 Magnetic Stripe Readers has Smallest Share for Card-Based Readers Market in 2017
8.2.1.2 Proximity Card Readers
8.2.1.2.1 Proximity Readers Boost the Card-Based Market With Significant Growth Rate During Forecast Period
8.2.1.3 Smart Card Readers
8.2.1.3.1 Contact Smart Cards
8.2.1.3.2 Contactless
8.2.2 Biometric Readers
8.2.2.1 Fingerprint Recognition
8.2.2.1.1 Fingerprint Held Largest Share for Biometrics Readers Market in 2017
8.2.2.2 Palm Recognition
8.2.2.2.1 Palm Recognition Gain Popularity for Access Control Market During Forecast Period
8.2.2.3 Iris Recognition
8.2.2.3.1 Iris Recognition Systems Provides High Accuracy for Authentication
8.2.2.4 Facial Recognition
8.2.2.4.1 Facial Recognition Expected to Grow With Highest Rate During Forecast Period
8.2.2.5 Voice Recognition
8.2.2.5.1 Voice Recognition is One of the Promising Biometrics Solutions for Authentication
8.2.3 Multi-Technology Readers
8.2.3.1 Multi Technology Readers Held Significant Shares for Access Control Market During Forecast Period
8.2.4 Electronic Locks
8.2.4.1 Electromagnetic Locks
8.2.4.2 Electric Strike Locks
8.2.4.3 Smart Locks
8.2.4.3.1 Smart Locks Expected to Grow at Highest CAGR During Forecast Period
8.2.5 Controllers
8.2.5.1 Serial Access Controllers
8.2.5.1.1 Serial Controllers Held A Smaller Size Market in 2017
8.2.5.2 IP Access Controllers
8.2.5.2.1 IP Access Controllers Expected to Grow at Higher CAGR During Forecast Period
8.2.6 Others
8.3 Software (Management System and Others)
8.3.1 Software Component Expected to Grow With Highest Growth Rate From 2018 to 2024
8.4 Services
8.4.1 Installation & Integration
8.4.1.1 Growing Implementation of Security Solutions Will Boost the Installation and Integration Service Market
8.4.2 Support & Maintenance Services
8.4.2.1 Support and Maintenance Services Expected to Grow at Higher CAGR During Forecast Period
9 Access Control as A Service Market (Page No. - 69)
9.1 Introduction
9.2 Access Control as A Service (ACaaS)
9.2.1 Hosted ACaaS
9.2.1.1 Hosted ACaaS Held Largest Market Share in 2017
9.2.2 Managed ACaaS
9.2.2.1 Managed ACaaS Expected to Grow at Highest CAGR During Forecast Period
9.2.3 Hybrid ACaaS
9.2.3.1 Hybrid ACaaS Held Smallest Market Share in 2017
10 Access Control Market, By Vertical (Page No. - 75)
10.1 Introduction
10.2 Commercial
10.2.1 Enterprises and Data Centers
10.2.1.1 Commercial Access Control Market for Enterprises and Data Centers Expected to Grow at Highest CAGR During Forecast Period
10.2.2 Banks and Financial Centers
10.2.2.1 The Need of High Security for Banking Sector Expected to Grow Access Control Market During Forecast Period
10.2.3 Hotels, Stadiums, and Amusement Parks
10.2.3.1 The Ongoing Terrorist Activities in Hospitality Sector Boost the Demand of Access Control Market
10.2.4 Retail Stores and Malls
10.2.4.1 to Provide Security to Assets, the Need of Security Solutions is High in Retail Sector
10.3 Military & Defense
10.3.1 Need of High Secure Environment Lead the Demand for Access Control Solutions in Defense Vertical
10.4 Governmental
10.4.1 Government Vertical Held Second-Largest Market Share in 2017
10.5 Residential
10.5.1 Residential Vertical Expected to Grow at Highest CAGR During Forecast Period
10.6 Education
10.6.1 Need of High Safety Lead the Demand for Access Control Solutions in Eduction Vertical
10.7 Healthcare
10.7.1 Healthcare is A Prominent Vertical for Biometrics Access Control Solutions
10.8 Manufacturing and Industrial
10.8.1 Industrial Vertical is Adopting Access Control Solutions to Provide Secure Environment
10.9 Transportation
10.9.1 Incresed Implementation of Securtity Solutions Lead the Demand for Access Control Solutions
11 Geographic Analysis (Page No. - 87)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US Accounted for Largest Share of Access Control Market in North America
11.2.2 Canada
11.2.2.1 The Adoption of High-Security Solutions Lead the Access Control Market in Canada
11.2.3 Mexico
11.2.3.1 Growth Opportunities for Home Automation and Security to Make Access Control Market Lucrative in Mexico
11.3 Europe
11.3.1 UK
11.3.1.1 Market in UK to Grow at Highest CAGR During Forecast Period
11.3.2 Germany
11.3.2.1 Growing Demand for Biometric Solutions Drives Access Control Market in Germany
11.3.3 France
11.3.3.1 Growing Terrorist Activities Drive French Access Control Market
11.3.4 Rest of Europe
11.4 APAC
11.4.1 China
11.4.1.1 China Accounted for Largest Share of Access Control Market in APAC in 2017
11.4.2 Japan
11.4.2.1 With Growing Economy and Increasing Security Threats, Access Control Market is Expected to Witness High Growth in Japan
11.4.3 India
11.4.3.1 Increasing Security Concerns and Urbanization Boost Indian Access Control Market
11.4.4 South Korea
11.4.4.1 Owing Increasing Need for Security Solutions, South Korea Adopts Access Control Solutions
11.4.5 Rest of APAC
11.5 RoW
11.5.1 Middle East & Africa
11.5.1.1 Growing Government Security Initiatives Boost Region’s Access Control Market
11.5.2 South America
11.5.2.1 High Crime Rate Lead the Demand for Access Control Solutions in This Region
12 Competitive Landscape (Page No. - 110)
12.1 Overview
12.2 Market Player Ranking Analysis
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Innovators
12.3.3 Dynamic Differentiators
12.3.4 Emerging Companies
12.4 Strength of Product Portfolio (25 Companies)
12.5 Business Strategy Excellence (25 Companies)
12.6 Competitive Scenario
12.7 Competitive Situations & Trends
12.7.1 Product Launches/Developments
12.7.2 Mergers and Acquisitions
12.7.3 Collaborations/Contracts/Agreements/Partnerships
12.7.4 Expansions
13 Company Profiles (Page No. - 128)
13.1 Introduction
13.2 Key Players
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View)*
13.2.1 Assa Abloy AB
13.2.2 Dormakaba Holding AG
13.2.3 Johnson Controls International PLC
13.2.4 Allegion PLC
13.2.5 Honeywell Security Group
13.2.6 Identiv, Inc.
13.2.7 Nedap N.V.
13.2.8 Suprema Hq Inc.
13.2.9 Bosch Security Systems Inc.
13.2.10 Gemlato N.V.
* Business Overview, Products Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.
13.3 Other Companies
13.3.1 Amag Technology, Inc.
13.3.2 Axis Communications AB
13.3.3 Gunnebo AB
13.3.4 NEC Corporation
13.3.5 Gallagher Group Limited
13.3.6 Adman Technologies Pvt. Ltd
13.3.7 Brivo, Inc.
13.3.8 Salto Systems S.L.
13.3.9 Idemia
13.3.10 Vanderbilt Industries
14 Appendix (Page No. - 170)
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details
List of Tables (65 Tables)
Table 1 Top 10 Countries With Highest Number of Terror Attacks and Fatalities, 2016
Table 2 Access Control Market, By Component and Service, 2015–2024 (USD Million)
Table 3 Access Control Market, By Hardware Component, 2015–2024 (USD Million)
Table 4 Access Control Market for Hardware Components, By Region, 2015–2024 (USD Million)
Table 5 Access Control Market for Card-Based Readers, By Type, 2015–2024 (USD Million)
Table 6 Access Control Market for Card-Based Readers, By Type, 2015–2024 (Thousand Units)
Table 7 Access Control Market for Card-Based Readers, By Region, 2015–2024 (USD Million)
Table 8 Access Control Market for Smart Card Readers, By Type, 2015–2024 (USD Million)
Table 9 Access Control Market for Biometric Readers, By Type, 2015–2024 (USD Million)
Table 10 Access Control Market for Biometric Readers, By Type, 2015–2024 (Thousand Units)
Table 11 Access Control Market for Biometric Readers, By Region, 2015–2024 (USD Million)
Table 12 Access Control Market for Multi-Technology Readers, By Region, 2015–2024 (USD Million)
Table 13 Access Control Market for Electronic Locks, By Type, 2015–2024 (USD Million)
Table 14 Access Control Market for Electronic Locks, By Type, 2015–2024 (Thousand Units)
Table 15 Access Control Market for Electronic Locks, By Region, 2015–2024 (USD Million)
Table 16 Access Control Market for Controllers, By Type, 2015–2024 (USD Million)
Table 17 Access Control Market for Controllers, By Region, 2015–2024 (USD Million)
Table 18 Access Control Market for Other Hardware Components, By Region, 2015–2024 (USD Million)
Table 19 Access Control Market, By Software Component, 2015–2024 (USD Million)
Table 20 Access Control Market for Software Component, By Region, 2015–2024 (USD Million)
Table 21 Access Control Market, By Service, 2015–2024 (USD Million)
Table 22 Access Control Market for Services, By Region, 2015–2024 (USD Million)
Table 23 Access Control Market for Installation & Integration Services, By Region, 2015–2024 (USD Million)
Table 24 Access Control Market for Support & Maintenance Services, By Region, 2015–2024 (USD Million)
Table 25 Access Control as a Service Market, By Service, 2015–2024 (USD Million)
Table 26 Access Control as A Service Market, By Vertical, 2015–2024 (USD Million)
Table 27 Access Control as A Service Market, By Region, 2015–2024 (USD Million)
Table 28 Access Control as A Service Market for Hosted Services, By Region, 2015–2024 (USD Million)
Table 29 Access Control as A Service Market for Managed Services, By Region, 2015–2024 (USD Million)
Table 30 Access Control Market for Hybrid Services, By Region, 2015–2024 (USD Million)
Table 31 Access Control Market, By Vertical, 2015–2024 (USD Million)
Table 32 Access Control Market for Commercial Vertical, By Type, 2015–2024 (USD Million)
Table 33 Access Control Market for Commercial Vertical, By Region, 2015–2024 (USD Million)
Table 34 Access Control Market for Military & Defense Vertical, By Region, 2015–2024 (USD Million)
Table 35 Access Control Market for Government Vertical, By Region, 2015–2024 (USD Million)
Table 36 Access Control Market for Residential Vertical, By Region, 2015–2024 (USD Million)
Table 37 Access Control Market for Education Vertical, By Region, 2015–2024 (USD Million)
Table 38 Access Control Market for Healthcare Vertical, By Region, 2015–2024 (USD Million)
Table 39 Access Control Market for Manufacturing & Industrial Vertical, By Region, 2015–2024 (USD Million)
Table 40 Access Control Market for Transportation Vertical, By Region, 2015–2024 (USD Million)
Table 41 Access Control Market, By Region, 2015–2024 (USD Million)
Table 42 Access Control Market in North America, By Component and Service, 2015–2024 (USD Million)
Table 43 Access Control Market in North America for Hardware, By Type, 2015–2024 (USD Million)
Table 44 Access Control Market in North America for Services, By Type, 2015–2024 (USD Million)
Table 45 Access Control Market in North America, By Vertical, 2015–2024 (USD Million)
Table 46 Access Control Market in North America, By Country, 2015–2024 (USD Million)
Table 47 Access Control Market in Europe, By Component and Service, 2015–2024 (USD Million)
Table 48 Access Control Market in Europe for Hardware, By Type, 2015–2024 (USD Million)
Table 49 Access Control Market in Europe for Services, By Type, 2015–2024 (USD Million)
Table 50 Access Control Market in Europe, By Vertical, 2015–2024 (USD Million)
Table 51 Access Control Market in Europe, By Country, 2015–2024 (USD Million)
Table 52 Access Control Market in APAC, By Component and Service, 2015–2024 (USD Million)
Table 53 Access Control Market in APAC for Hardware, By Type, 2015–2024 (USD Million)
Table 54 Access Control Market in APAC for Services, By Type, 2015–2024 (USD Million)
Table 55 Access Control Market in APAC, By Vertical, 2015–2024 (USD Million)
Table 56 Access Control Market in APAC, By Country, 2015–2024 (USD Million)
Table 57 Access Control Market in RoW, By Component and Service, 2015–2024 (USD Million)
Table 58 Access Control Market in RoW for Hardware, By Type, 2015–2024 (USD Million)
Table 59 Access Control Market in RoW for Services, By Type, 2015–2024 (USD Million)
Table 60 Access Control Market in RoW, By Vertical, 2015–2024 (USD Million)
Table 61 Access Control Market in RoW, By Region, 2015–2024 (USD Million)
Table 62 Product Launches/Developments (2015–2018)
Table 63 Mergers and Acquisitions (2015–2018)
Table 64 Collaborations/Contracts/Agreements/Partnerships (2015–2018)
Table 65 Expansions (2016–2018)
List of Figures (46 Figures)
Figure 1 Access Control Market Segmentation
Figure 2 Access Control as A Service Market
Figure 3 Access Control Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Assumptions for Research Study
Figure 7 Access Control Market, 2015–2024 (USD Billion)
Figure 8 Access Control Market, By Hardware Component (2018 vs 2024)
Figure 9 Support and Maintenance Services Held Major Share of Access Control Market in 2018
Figure 10 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024
Figure 11 APAC Held Largest Share of Access Control Market in 2018
Figure 12 Growing Worldwide Demand for Security Solutions to Boost Access Control Market During Forecast Period
Figure 13 Access Control Market for Software Components Expected to Grow at Highest CAGR From 2018 to 2024
Figure 14 Card-Based Readers to Hold Largest Share of Access Control Market By 2024
Figure 15 Commercial Vertical and US Accounted for Largest Shares of Access Control Market in North America in 2017
Figure 16 Access Control Market in China to Grow at Highest CAGR From 2018 to 2024
Figure 17 High Adoption of Access Control Solutions Owing to Increasing Crime Rates Driving Growth of Access Control Market
Figure 18 Major Value Added By Original Equipment Manufacturers and Security and Management Software Providers
Figure 19 Access Control Software Market Expected to Grow at Highest CAGR From 2018 to 2024
Figure 20 Card-Based Readers Expected to Lead Market From 2018 to 2024
Figure 21 Access Control Market for Smart Locks Expected to Grow at Highest CAGR From 2018 to 2024
Figure 22 Access Control Market for Support Maintenance Services to Grow at Higher CAGR From 2018 to 2024
Figure 23 ACaaS Market, 2015–2024 (USD Million)
Figure 24 Hybrid ACaaS Market Expected to Grow at Highest CAGR From 2018 and 2024
Figure 25 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024
Figure 26 Access Control Market for Enterprises & Data Centers Expected to Grow at Highest CAGR From 2018 to 2024
Figure 27 Access Control Market for Manufacturing & Industrial Vertical in APAC to Grow at Highest CAGR From 2018 to 2024
Figure 28 Geographic Snapshot: Access Control Market in APAC Expected to Witness Highest CAGR From 2018 to 2024
Figure 29 North America to Dominate the Market During Forecast Period
Figure 30 North America: Access Control Market Snapshot
Figure 31 Europe: Access Control Market Snapshot
Figure 32 APAC: Access Control Market Snapshot
Figure 33 Companies Adopted Product Launches/Developments as Key Growth Strategies During 2015–2018
Figure 34 Assa Abloy AB (Sweden) Lead Access Control Market in 2017
Figure 35 Access Control Market (Global) Competitive Leadership Mapping, 2017
Figure 36 Evaluation Framework: Access Control Market
Figure 37 Geographic Revenue Mix of Leading Players
Figure 38 Assa Abloy AB: Company Snapshot
Figure 39 Dormakaba Holding AG: Company Snapshot
Figure 40 Johnson Controls International PLC: Company Snapshot
Figure 41 Allegion PLC: Company Snapshot
Figure 42 Honeywell International Inc.: Company Snapshot
Figure 43 Identiv, Inc.: Company Snapshot
Figure 44 Nedap N.V.: Company Snapshot
Figure 45 Suprema Hq Inc. : Company Snapshot
Figure 46 Gemalto N.V.: Company Snapshot
The study involved 4 major activities in estimating the current size of the access control market. Exhaustive secondary research was done to collect information on the market, peer market, and parent market. The next step was to validate these findings, assumptions, and sizing with industry experts from across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation methods were used to estimate the market sizes of segments and subsegments.
Secondary Research
The research methodology used to estimate and forecast the access control market begins with capturing data on revenues of key vendors in the market through secondary research. This study incorporates using extensive secondary sources, directories, and databases such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource to identify and collect information useful for the technical, market-oriented, and commercial study of the access control market. Vendor offerings have also been taken into consideration to determine the market segmentation. This entire research methodology includes studying annual and financial reports of top players, presentations, press releases, journals, paid databases, trade directories, regulatory bodies, and safety standard organizations.
Primary Research
The access control market’s supply chain comprises several stakeholders, such as suppliers of standard components, original equipment manufacturers (OEMs), software providers, solutions providers, and system integrators. The supply side is characterized by advancements in access control products and devices and their diverse applications. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Following is the breakdown of primary respondents.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of the access control market and various market subsegments. The research methodology used to estimate the market sizes includes the following:
- Key players in major applications and markets were identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, were determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size using the estimation processes as explained above the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides of card-based readers, biometric readers, multi-technology readers, electronic locks, controllers, and others.
Research Objective
- To define, describe, and forecast the overall access control market, in terms of value, segmented based on component, service, vertical, and geography
- To define, describe, and forecast the overall access control market, in terms of volume, segmented based on component
- To define, describe, and forecast the overall access control as a service market, in terms of value, segmented based on type, vertical, and geography
- To define and describe the types of access control systems
- To forecast the market size for various segments with regard to 4 regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the access control market
- To provide a detailed overview of the value chain of the access control market
- To strategically analyze the micromarkets1 with respect to individual growth trends, prospects, and contribution to the overall access control market
- To analyze opportunities in the access control market for stakeholders by identifying the high-growth segments
- To strategically profile key players, comprehensively analyze their market rankings and core competencies2, and detail the competitive landscape for market leaders
- To analyze competitive developments such as contracts, mergers and acquisitions, product launches, and R&D in the overall access control market
Scope of the Report:
|
Report Metrics |
Details |
|
Market size available for years |
2015–2024 |
|
Base year |
2017 |
|
Forecast period |
2018–2024 |
|
Units |
Value (USD Million/Billion), Shipment (Thousand/ Million) |
|
Segments covered |
Component, Services, Vertical, and Region |
|
Geographic regions covered |
North America, APAC, Europe, and RoW |
|
Companies covered |
ASSA ABLOY AB (Sweden), Johnson Controls International plc (Ireland), dormakaba Holding AG (Switzerland), Allegion plc (Ireland), Honeywell Security Group (US), Identiv, Inc. (US), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Bosch Security Systems Inc. (US), Gemalto N.V. (Netherlands), NEC Corporation (Japan), IDEMIA (France), Salto Systems (Spain), Axis Communications (Sweden), Lenel Systems International (US), Time and Data Systems International (UK), AMAG Technology (US), Gunnebo (Sweden), Gallagher Group (New Zealand), Napco security Technologies (US), Kisi Inc. (US), Cansec Systems (Canada), Vanderbilt Industries (US), Adman Technologies (India), and Brivo, Inc. (US) |
This report categorizes the access control market based on Component, Services, Vertical, and Region.
By Component:
- Hardware
- Card-Based Readers
- Biometric Readers
- Multi-Technology Readers
- Electronic Locks
- Controllers
- Others (RFID tags, cards, keypads, door sets, and servers)
- Software
By Service:
- Installation and Integration
- Maintenance and Support
- Access Control as a Service (ACaaS)
By Vertical:
- Commercial
- Military and Defense
- Government
- Residential
- Healthcare
- Education
- Manufacturing and Industrial
- Transportation
By Geography:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Rest of Europe (Greece, Spain, Italy, Russia, Finland, Denmark, Netherlands, and Sweden)
- Asia Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of APAC (Australia, New Zealand, Singapore, Hong Kong, Indonesia, and Taiwan)
- Rest of the World (RoW)
- Middle East and Africa
- South America
Available Customizations:
Along with the market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (Up to 5)
Critical Questions
- What new applications are being explored by access control solution providers?
- Which are the key players in the market and how intense is the competition?
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Access Control Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Access Control Market