Kenneth Research has published a detailed report on Access Control Market which has been categorized by market size, growth indicators and encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2019-2026.
The report covers the forecast and analysis of the Access Control Market on a global and regional level. The study provides historical data from 2015 to 2019 along with a forecast from 2019-2026 based on revenue (USD Million). In 2018, the worldwide GDP stood at USD 84,740.3 Billion as compared to the GDP of USD 80,144.5 Billion in 2017, marked a growth of 5.73% in 2018 over previous year according to the data quoted by International Monetary Fund. This is likely to impel the growth of Access Control Market over the period 2019-2026.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
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Access control is one of the advanced measures to enhance security allowing the person to modify the security protocols for database and simultaneously control user access. Access control solutions are based on storing the identity of a person either by biometrics, or access card, and then verifying the same to provide access to a particular area in the enterprise. One of the providers of access control system, Princeton Identity has created a multi-biometric access control solution for shipping containers. It is designed to identify people as they pass through the shipping container.
The increasing security concerns for the data safety and growing penetration of cyber threats are the key factors fueling the market growth. In addition, the rising adaption of wireless technology and electronic devices are the other factor accelerating market growth. Moreover, owing to technological innovations the emergence of the internet of things for connected devices, cloud computing, and blockchain technology contributes to impose a positive outlook on the market. However, the unawareness among the population for the security solutions and high prices associated with it expected to hinder the market growth.
*Aerospace & Defense
*Government & Public Sector
*Healthcare & Life Sciences
– Consulting Services
– Managed Services
– Professional Services
– Support & Maintenance
By Regional Ananlysis
*Rest of Europe
*Rest of Asia-Pacific
*Rest of LATAM
Middle East & Africa
*Rest of MEA
The major players in global access control market include ASSA ABLOY AB, Johnson Controls International plc, dormakaba Holding AG, Allegion plc, Honeywell Security Group, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Bosch Security Systems Inc., NEC Corporation, IDEMIA, Salto Systems, Axis Communications, Lenel Systems International, Time and Data Systems International, AMAG Technology, Gunnebo, Gallagher Group, Napco security Technologies, Kisi Inc., Cansec Systems, Vanderbilt Industries, Adman Technologies, and Brivo, Inc. and Gemalto N.V among others.
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The Access Control Market report examines competitive scenario by analyzing key players in the market. The company profiling of leading market players is included in this report with Porter’s five forces analysis and Value Chain analysis. Further, the strategies exercised by the companies for expansion of business through mergers, acquisitions, and other business development measures are discussed in the report. The financial parameters which are assessed include the sales, profits and the overall revenue generated by the key players of Market.
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