Global Access Control Market, By Technology (Authentication System, Detection Systems, Alarm Panels, Communication Devices, and Perimeter Security Systems), Component (Hardware and Software), Vertical (Commercial, Military and Defense, Government, and Others), Service (Installation and Integration, Maintenance and Support, and Access Control as a Service (ACaaS)) – Industry Trends and Forecast to 2031.
Access Control Market Analysis and Size
The global access control market is experiencing significant growth, driven by the increasing need for enhanced security and the adoption of advanced technologies like biometrics and cloud-based systems. The market is expected to continue expanding as organizations across various industries, including government, healthcare, and banking, prioritize the protection of physical and digital assets. Integration of access control systems with other security solutions and the emergence of smart cities and connected infrastructure is expected to fuel market growth further.
The global access control market size was valued at USD 16.60 billion in 2023 and is projected to reach USD 31.88 billion by 2031, with a CAGR of 8.50% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 - 2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Technology (Authentication System, Detection Systems, Alarm Panels, Communication Devices, and Perimeter Security Systems), Component (Hardware and Software), Vertical (Commercial, Military and Defense, Government, and Others), Service (Installation and Integration, Maintenance and Support, and Access Control as a Service (ACaaS))
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America
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Market Players Covered
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SSA ABLOY(Sweden), Johnson Controls (U.S.), dormakaba Group (Germany), Allegion plc (Ireland) Honeywell International Inc. (U.S.), Nedap N.V. (Netherlands), Identiv, Inc. (U.S.), SUPREMA (South Korea), IDEMIA (France), Thales (France), AMAG Technology (U.S.), Gunnebo AB (Sweden), NEC Corporation (Japan), Napco Security Technologies, Inc. (U.S.), HID Global Corporation (U.S.), and Vanderbilt Industries (Germany)
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Market Opportunities
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Market Definition
Access control is a security measure that specifies who can access or utilize resources within a computing environment. This can include physical resources such as buildings or rooms, as well as digital resources such as files, databases, or computer systems. Access control systems typically use authentication and authorization to verify the identity of users and grant or deny access based on their permissions. Authentication verifies a user's identity, while authorization determines what actions or resources they are allowed to access based on their role or permissions.
Access Control Market Dynamics
Drivers
- Adoption of Smart Technologies
The proliferation of smart technologies across industries such as healthcare, manufacturing, and transportation is increasing the need for robust security measures to protect these interconnected systems. Access control systems are leading the way in providing secure and convenient methods for managing access to smart devices and networks. This presents a significant opportunity for the access control system market to expand its offerings and cater to the evolving security needs of modern smart environments, driving the market growth.
- Rapid Urbanization and Industrialization
The rapid pace of urbanization and industrialization in developing countries is driving the construction of new infrastructure and facilities. With this growth comes an increased need for security to protect these assets. Access control systems play a crucial role in securing these environments by managing and monitoring access to buildings, facilities, and sensitive areas. As urban populations grow and industries expand, the demand for access control systems is expected to rise, driving market growth.
- Heightened Security Concerns
Organizations across various sectors are increasingly recognizing the critical importance of safeguarding their assets, data, and infrastructure from various potential threats, including physical breaches and cyber-attacks. This heightened awareness has led to a proactive approach towards implementing robust access control measures to mitigate risks and ensure comprehensive security protocols. As a result, the access control market is witnessing a steady expansion, driven by the imperative need to fortify security measures in an increasingly digitized and interconnected world.
Opportunities
- Expanding Horizons with Cloud-based Solutions
The surge in demand for cloud-based access control solutions is reshaping the market landscape, offering unparalleled scalability, flexibility, and cost-effectiveness. These solutions remove the necessity for on-premises hardware and maintenance, offering a seamless and efficient method for remotely managing access control systems. Moreover, cloud-based solutions enable easier integration with other security systems and offer real-time updates and monitoring, enhancing overall security posture. This presents a significant growth opportunity for the access control market, as businesses increasingly opt for cloud-based solutions to meet their evolving security needs.
- Convergence of Security with IoT and AI
The integration of access control systems with IoT devices and AI technologies is revolutionizing security measures, offering enhanced functionalities and heightened levels of security. By leveraging IoT devices, access control systems can provide more granular control and real-time monitoring, allowing for proactive security measures. AI technologies further enhance security by enabling predictive analytics and behavior analysis, enabling access control systems to detect and respond to potential threats more effectively. This convergence of technologies opens up new opportunities in the market, as businesses seek more intelligent and adaptive security solutions.
Restraints/Challenges
- Mitigating Cybersecurity Risks
With the rising connectivity of access control systems to networks and the internet, cybersecurity risks have become a major concern. Weaknesses in these systems can be exploited by malicious individuals to gain unauthorized access, compromise sensitive data, or disrupt operations. To address these risks, the market is witnessing a surge in demand for robust cybersecurity solutions that can safeguard access control systems. Solutions such as encrypted communication channels, multi-factor authentication, and regular security audits are becoming essential to protect against cyber threats. Failure to address these risks could challenge market growth.
- Addressing the Lack of Awareness
Many businesses and individuals are unaware of the risks associated with inadequate access control measures, such as unauthorized access, data breaches, and theft. This lack of awareness can hinder market growth, especially in regions and industries where security measures are not adequately considered. To overcome this challenge, there is a need for targeted educational campaigns and initiatives to raise awareness about the importance of access control and its role in safeguarding assets and information. The lack of awareness about the benefits and importance of access control systems in enhancing security is a major market challenge.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In June 2023, Thales revealed its acquisition of Tesserent, marking a strategic move to advance its cybersecurity development roadmap. This acquisition aims to equip the company with a comprehensive range of cybersecurity solutions and services tailored for medium and enterprise-level organizations. Moreover, it positions Thales for business expansion in Australia and New Zealand, coinciding with a period of anticipated double-digit market growth through 2026
- In April 2023, Honeywell International Inc. introduced the Morley-IAS Max fire detection and alarm system, signaling a commitment to enhancing building and occupant safety. This addition to their product portfolio not only strengthens their offerings but also attracts new clientele, thereby fostering accelerated revenue growth for the company
- In March 2023, Axis Communications and Genetec Inc. joined forces to introduce Axis, an access control solution designed for enterprise-level use. This innovative offering merges Genetec's access control software with Axis network door controllers into a single, streamlined package, simplifying deployment. Distinguished as the inaugural solution of its kind in the market, Axis leverages Genetec technology to deliver integrated security, public safety, operational, and business intelligence solutions
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Top of Form
Access Control Market Scope
The market is segmented on the basis of technology, component, vertical, and service. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Technology
- Authentication System
- Detection Systems
- Alarm Panels
- Communication Devices
- Perimeter Security Systems
Component
- Hardware
- Software
Vertical
- Commercial
- Military and Defense
- Government
- Others
Service
- Installation and Integration
- Maintenance and Support
- Access Control as a Service (ACaaS)
Access Control Market Regional Analysis/Insights
The market is analyzed and market size insights and trends are provided by country, technology, component, vertical, and service as referenced above.
The countries covered in the market report are U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa, Brazil, Argentina, and Rest of South America.
North America is expected to dominate the market due to an increasing threat landscape characterized by a surge in cyber and malware attacks, prompting heightened security measures across various sectors. The region benefits from the significant presence of governmental bodies and security agencies, which further accentuates the demand for robust access control solutions.
Asia-Pacific is expected to experience significant growth due to the growing construction sector, a plethora of manufacturing industries, and an escalating crime rate. Notably, China's smart door lock segment has experienced remarkable growth propelled by advancements in biometric recognition and wireless communication technologies. There's a notable uptick in the adoption of mobile-based access control solutions within the country. Meanwhile, India observes a notable surge in the deployment of access control solutions across diverse sectors such as data centers, office complexes, hospitality establishments, retail outlets, and government facilities.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Access Control Market Share Analysis
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major players operating in the market are:
- SSA ABLOY (Sweden)
- Johnson Controls (U.S.)
- dormakaba Group (Germany)
- Allegion plc (Ireland)
- Honeywell International Inc. (U.S.)
- Nedap N.V. (Netherlands)
- Identiv, Inc. (U.S.)
- SUPREMA (South Korea
- IDEMIA (France)
- Thales (France
- AMAG Technology (U.S.)
- Gunnebo AB (Sweden)
- NEC Corporation (Japan)
- Napco Security Technologies, Inc. (U.S.)
- HID Global Corporation (U.S.)
- Vanderbilt Industries (Germany)
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