Global Access Control Market Poised to Grow At a CAGR of 6.6% till 2024
Global Access Control Market, By Geography, By Component and Service, By End-user– Industry Trends and Forecast to 2024
Pune, India – August 24, 2017 /MarketersMedia/ —
Global Access Control Market accounted for USD 6.35 billion in 2016 growing at a CAGR of 6.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Drivers:
• Rising security concerns and increasing incidences of crime and government regulations globally
• Continued investments by big players in infrastructure
• Adoption of security systems with cloud computing platforms
• Technological developments of wireless technology in security systems
The global access control market is segmented on the basis of components, end-user and geography.
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On the basis of component the market is segmented into Hardware, Software, and Services. The hardware segment is further sub-segmented into card-based readers, biometric readers, multi-technology readers, electronic locks, and controllers.
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Based on end-user the market is segmented into commercial, military and defense, government, residential, education, healthcare, manufacturing and industrial, and transportation.
On the basis of geography, global access control market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
The Global Access Control Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
• ASSA ABLOY AB
• Johnson Controls International plc
• Dorma+Kaba Holding AG
• Allegion plc
• Honeywell Security Group
• Identiv, Inc.
• Nedap N.V.
• Suprema HQ Inc.
• Bosch Security Systems Inc.
• Ot-Morpho
• Gemalto N.V.
• Amag Technology, Inc.
• Gunnebo AB
• NEC Corporation
• Crossmatch Technologies, Inc.
• NAPCO Security Technologies, Inc
• Forescout Technologies, Inc.
• Hid Global
• Lenel Systems International, Inc.
• Brivo, Inc
• Vanderbilt Industries
• Adman Technologies Pvt. Ltd.
• Axis Communications AB
• Access Control Innovation
• Time and Data Systems International Limited
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