| Status : Published | Published On : Jan, 2024 | Report Code : VRSME9120 | Industry : Semiconductor & Electronics | Available Format :
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Page : 260 |
Global Access Control Market – Analysis and Forecast (2025-2030)
Industry Insight by Type (Physical Access Control System, Logical Access Control System, and Mobile Access Control System), by Solution (Hardware (Biometric Readers, Electronic Locks, Card Readers, Controllers, Multi-Technology Readers, and Others), Software, and Services (Installation & Integration, and Support & Maintenance), by Model (Mandatory Access Control, Role-Based Access Control, Discretionary Access Control, and Rule-Based Access Control), by Application (Mobile/Contactless Payment, User Authentication & Access Control, Information Sharing, Monitoring Healthcare Systems, and Others), by End-User (Residential, Commercial, Industrial, Government, Healthcare, Education, Transport & Logistics, Military & Defense, and Others), and Geography (U.S., Canada, Germany, U.K., France, China, Japan, India, and Rest of the World)
Industry Overview
The Global Access Control Market, valued at USD 9.2 billion in 2023, is projected to reach USD 16.3 billion by 2030, exhibiting a robust CAGR of 8.75% during the forecast period. Access control serves as a crucial security measure that effectively limits access to unauthorized resources within a computing environment. It encompasses two main types: physical and logical access control. Physical access control ensures restricted entry to physical IT assets, buildings, and campuses, while logical access control governs access to system files, data, and computer networks. Implementing access control is vital for organizations' security departments to safeguard valuable data and assets. The demand for access control is consistently increasing across diverse industries such as government, manufacturing & industrial, commercial, military & defense, transportation, etc., driven by heightened security concerns prevalent in both the private and public sectors.
The COVID-19 epidemic has acted as a catalyst for access control system expansion, as increased concerns about cyberattacks and phishing attacks pushed businesses to implement multifactor authentication systems and smart card solutions. Furthermore, during the pandemic, an increase in incidences of money laundering and theft on internet platforms globally has boosted the market for access control solutions.
Market Segmentation
Insight by Type
Based on type, the global access control market is segregated into physical access control system (PACS), logical access control system (LACS), and mobile access control system (MACS). The MACS is anticipated to have a faster growth owing to its adoption in complex applications such as military secrets and other crucial information.
Insight by Solution
Based on solution, the global access control market is bifurcated into hardware, software, and services. Hardware is further divided into biometric readers, electronic locks, card readers, controllers, multi-technology readers, and others. Biometric readers are sub-divided into fingerprint recognition, palm recognition, iris recognition, voice recognition, and facial recognition. Electronic locks are sub-divided into electric strike locks, electromagnetic locks, and smart locks. Card readers in sub-divided into proximity cards and readers, magnetic stripe cards and readers, and smart cards and readers. Controllers are sub-divided into serial access controllers and IP access controllers. Services are further divided into installation & integration, and support & maintenance. Biometric readers are expected to be the fastest-growing segment as they are deployed in access control systems to measure various physiological indicators for authentication and identification. This technology aids in the identification of a person's physical traits in order to provide regulated physical access to infrastructure. Thus, there is increased adoption of biometric readers in manufacturing units, power stations, government organizations, and defense facilities.
The increased demand for smart and proximity cards for monitoring and recording employee activities will propel the growth of card readers in the global access control market.
The software & services are expected to have significant growth during the forecast period 2025-2030 due to the increased adoption of connected security systems in several enterprises.
Insight by Model
Based on the model, the global access control market is classified into mandatory access control (MAC), role-based access control (RBAC), discretionary access control (DAC), and rule-based access control (RBAC). The DAC is anticipated to have a faster growth during the forecast period 2021-2027 owing to its increased adoption and prominence in the market as it offers various benefits such as improved efficiency, increased data security, faster authentication, and reduces the cost.
Insight by Application
Based on application, the global access control market is divided into mobile/contactless payment, user authentication & access control, information sharing, monitoring healthcare systems, and others. Mobile/contactless payment is anticipated to contribute to high CAGR during the forecast period 2025-2030 owing to the rising demand for cashless transactions globally and increased adoption of multi-tasking electronic devices.
Insight by End-User
Based on the end-user, the global access control market is classified into residential, commercial, industrial, government, healthcare, education, transport & logistics, military & defense, and others. The commercial is further divided into enterprise & data centers, BFSI, hotels, stadiums, & amusements parks, and retail stores & malls. The residential segment is anticipated to have the fastest growth during the forecast period 2025-2030 owing to the increased installation of the access control system to prevent burglary and invasion, rising demand for smart homes along with rapid urbanization. Furthermore, the surge in crime rates, technological development, safeguarding the security of children and elderly at home, and the need to detect hazards such as gas leaks and fire will propel the growth of the segment.
Global Access Control Market Report Coverage
|
Report Metric |
Details |
|
Historical Period |
2018 - 2023 |
|
Base Year Considered |
2024 |
|
Forecast Period |
2025 - 2030 |
|
Market Size in 2023 |
U.S.D. 9.2 Billion |
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Revenue Forecast in 2030 |
U.S.D. 16.3 Billion |
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Growth Rate |
8.75% |
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Segments Covered in the Report |
By Type, By Solution, By Model, By Application, and By End-User |
|
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
|
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Middle East, and Rest of the World |
Industry Dynamics
Industry Trends
The market demand for access control systems will be fueled by the rapid transformation of the security industry as a result of the introduction of cloud computing and wireless access. The increased prominence of smart buildings, smart homes, and smart infrastructure projects will propel the demand for physical security. These are the trends that are prevalent in the access control market.
Growth Drivers
The access control market is experiencing significant growth due to various factors. Firstly, there is mounting concern over data safety, which is driving demand for access control systems. Additionally, the increased prevalence of cyber threats and the growing use of wireless technology and electronic devices are also fueling market growth. Another factor contributing to the market's expansion is the evolution of the Internet of Things (IoT) and blockchain technology.
Moreover, the rising number of terrorist attacks, illegal immigration, and organized crime worldwide has created a heightened awareness of home security concerns. This has led to an increased adoption of mobile-based access control systems, which are driving market growth.
Furthermore, companies are implementing access control systems to protect their employees and property from potential incidents in the workplace. The prevalence of access control systems is also due to their features, such as log keeping, personal responsibility, accountability, and customer convenience. All these factors are driving the growth of the access control market, which is expected to continue in the coming years.
Challenges
Lack of awareness regarding security solutions, mounting security and privacy concerns about unauthorized access and data breach in the access control environment, and massive cost associated with installation, maintenance, and ownership of access control systems will restrain the growth of the market.
Opportunities
The use of biometrics in conjunction with mobile devices improves the level of security in several applications. Biometrics-enabled smartphones are a complementary new platform that is expected to grow the authentication business while also improving user security and convenience. Thus, access control are offering tremendous market opportunities for the industry players.
Geographic Overview
North America contributes the largest share in the access control market as government and security organisations are implementing RFID and biometric systems to avoid cyber and malware attacks. Moreover, companies in the United States, Canada, and Mexico are working to improve their knowledge and build new access control systems and services. This gives them a competitive advantage in the region's access control sector, thereby improving their market share.
Asia-Pacific is projected to grow at a faster pace during the forecast period 2021-2027 owing to the rising demand for security services for data and assets, urbanisation, mounting need for surveillance systems in residential areas, and increased adoption of mobile computing devices, and smartphones will drive the market growth of access control market in the region.
Competitive Insight
With a few global competitors and local players in several countries, the access control industry is highly fragmented. These businesses battle for market share in a variety of developed and developing markets. Local businesses, on the other hand, face fierce competition from global players which tend to provide effective but less expensive solutions. As a result, the market has seen a convergence of new solutions with better functionality and lower prices. The industry players are focusing on strategies like product launch, M&A, collaboration with government, and technological development to sustain themselves in the market.
Dormakaba is a prominent global provider of smart and secure access solutions. They take care of everything in terms of secure access to buildings and rooms. dormakaba provides SAP-compatible Access Control systems for small and medium-sized businesses and larger enterprises. The product portfolio of dormakaba Holding includes locking systems such as cylinders, keys, and locks, as well as fully networked electronic access solutions like physical access systems and automatic door systems, and a comprehensive range of door hinges and fittings, and door controls.
The ASSA ABLOY Group provides a comprehensive range of access solutions that make customers feel safe and secure in a variety of ways. ASSA ABLOY has a world leading position in mechanical and electromechanical locking, access control, identification technology, entry automation, security doors, hotel security, and mobile access in more than 70 countries. They provides a variety of access control options that can be implemented without the need for wiring at the door. With devices for any type of door, as well as non-door openings including cabinets, gates, elevators, etc., ASSA ABLOY's battery-powered solutions secure small and large enterprises. Their innovative product and technology platforms include Aperio, Accentra, CLIP, Hi-O, Incedo, and Seos.
In April 2022, Security Enhancement Systems LLC (SES), a provider of mobile-based, keyless access management solutions deployed in critical infrastructure, including telecommunication towers for major providers, has been bought by Johnson Controls, a prominent leader for smart, healthy and sustainable buildings.
In July 2021, Solus Security Systems Pvt Ltd, a prominent market leader in India for integrated Electronic Access & Data solutions, has been acquired by dormakaba. Solus Security Systems (Solus) offers integrated access control, time and attendance, visitor management, vehicle access, and security solutions, as well as the services needed to manage them.
In December 2021, Hyatt will be the first hotel to distribute room keys in Apple Wallet to its guests. Hyatt now has state-of-the-art security for six of its hotels across the United States, with more to follow, thanks to ASSA ABLOY's Vostio Access Management solution. Vostio Access Management, a cloud-based solution, eliminates the need for on-site maintenance. This is accomplished by having the platform which receives frequent software patches while being monitored remotely by ASSA ABLOY's professional staff.
Some of the industry players in the global access control market include dormakaba Group, ASSA ABLOY, Johnson Controls, Allegion plc, Honeywell International Inc., Identiv, Inc., SUPREMA, Nedap N.V., Bosch Sicherheitssysteme GmbH, and Thales.
The Access Control Market research includes a comprehensive market segmentation analysis as well as projections for the analysis period 2025-2030.
Segments Covered in the Report
- By Type
- Physical Access Control System (PACS)
- Logical Access Control System (LACS)
- Mobile Access Control System (MACS)
- By Solution
- Hardware
- Software
- Services
- By Model
- Mandatory Access Control (MAC)
- Role-Based Access Control (RBAC)
- Discretionary Access Control (DAC)
- Rule-Based Access Control (RBAC)
- By Application
- Mobile/Contactless Payment
- User Authentication & Access Control
- Information Sharing
- Monitoring Healthcare Systems
- Others
- By End-User
- Residential
- Commercial
- Industrial
- Government
- Healthcare
- Education
- Transport & Logistics
- Military & Defense
- Others
Region Covered in the Report
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
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Access Control Market