Global Access Controls Market 2019 by Component, Service, Vertical, Emerging Trends, Investment, Statistics and Regional Opportunities to 2023

This report on access controls market 2019, helps to analyze competitive developments of industry: by component (hardware card-based readers, biometric readers, electronic locks, controllers, and software), service, and vertical, by region-global industry analysis, size, share, growth, investment, and forecasts (2019-2023)

Dallas , United States - April 25, 2019 /MarketersMedia/ —

The Access Controls market is a fast-growing global market which is majorly driven by the rising demand for the card based readers technology in the commercial vertical of the world. The global market is anticipated to reach a total of USD 11.19 billion by the end of 2023 at an 8.28 % CAGR.

Request a Sample Copy of this Report@

Recent Developments:
Alcatraz AI, a startup working on facial authentication to create a frictionless access control, has announced the launch of a platform with customized hardware on the edge, software on-premises and in the Cloud.

Access Controls Market Value and Growth:
The size of the Global Access Controls Market was around USD 7.52 Billion by revenue, at the end of 2018. It is expected to grow at a CAGR of 8.28 % to reach close to USD 11.19 Billion by the end of the forecast period.

Access Controls Market Drivers and Restraints:
The rising demand for card-based readers is the main reason for the growth of the global access controls market in the mentioned forecast period. Also, the fast-evolving world calls for the use of such systems which need less human intervention and longer functioning time.

However, the global concentration of the access controls market is a significant restraint to the global market. Also, the unpredictable development in the global market may prove to restrain the growth of the access controls market in the coming future.

To make an enquiry on report@

Access Controls Market Segmentation Analysis:

By Component:
Based on the component the access controls market is categorized into Card-Based Readers, Controllers, Biometric Readers, Software, and Electronic Locks. Among the mentioned components the card-based readers' segment is anticipated o lead the global market in the forecast period. This is mainly due to the prevailing advantage of the card based readers over biometric and electronic locks. The rising demand for smart cards with high proximity is the reason for the proposed domination of this segment in the global access controls market in the forecast period.

By Service:
Based on the service provided the global access controls market is categorized into Installation, Maintenance, and ACaaS. Of the mentioned services the installation segment is anticipated to witness the highest growth rate in the forecast as mentioned earlier period. The complexity involved in the installation process is the reason for the interest of significant participants in this segment.

By Vertical:
By vertical the commercial vertical is considered to be the largest adopter of the access controls in the global market. The use of access control systems such as card-based readers is majorly in demand at enterprises & data centers, banks & financial centers, hotels, retail stores & malls, and entertainment areas. The rising demand due to the comfort it gives the users are the drivers to the growth of the commercial vertical on the global scale.

Access Controls Market Geographical Analysis:
By geography, the global access controls market is segmented as Latin America, Europe, Asia Pacific, North America, and Middle-East & Africa. North America region leads the global Access Controls market by both value and volume, as of 2018. The situation of all the market key players in this region is the main reason for its leading market position. However, this region is only the second fastest growing in the world following the Asia Pacific region.
Europe is second in the lead in the global market for access control market in the year 2018. The presence of a considerable customer base in and around this region is helping in the growth of the Access Controls market in Europe. Also, the technological supremacy of Europe and North America over the rest of the world is the vital condition which facilitates them to develop in this emerging field, creating the eye-catching performance in the global market

The Asia Pacific region is the next largest market share holder in the year 2018, in terms of value and volume. This region is expected to be the fastest growing regional market for Access Controls owing to the future opportunities offered in this region and interest shown from the top leading key companies in the Asia Pacific region, mainly towards India, China, and Japan which is the cause for such growth rate. The regional advantages offered this region, such as ease of setup and cheap resources, and a large number of skilled population is a significant reason for this region’s advancement in the global market.
On the other hand, the Middle East & Africa and Latin America regions, being in the low developing countries due to the contribution of low GDP countries, have fewer chances for industry growth. Hence, the Access Controls Market in these regions is slow growing in nature.

Access Controls Market Key Market Players:

ASSA ABLOY AB (Sweden), Salto Systems K.S. (Spain), NEC Corporation (Japan), dormakaba Holding AG (Switzerland), Cisco Systems (US), Time and Data Systems International (UK), Nedap N.V. (Netherlands), AMAG Technology (US), Cansec Systems (Canada), Gunnebo (Sweden), Identiv, Inc. (US), Axis Communications (Sweden), Godrej & Boyce Mfg.Co. Ltd. (India), Lenel Systems International (US), Allegion plc (Ireland), Kisi Inc. (US), Johnson Controls International plc (Ireland), Suprema HQ Inc. (South Korea), Panasonic Corporation (Japan), 3M Company (US), Bosch Security Systems Inc. (US), Honeywell Security Group (US), and Gemalto N.V. (Netherlands)

Major Point from Table of Content:
1. Introduction
2. Research Methodology
3. Report Overview
4. Market Dynamics
5. Competitor Benchmarking Analysis
6. Market Segmentation
7. Geographical Landscape
8. Key Player Analysis
8.2 Salto Systems K.S.
8.3 NEC Corporation
8.4 dormakaba Holding AG
8.5 Cisco Systems
8.6 Time and Data Systems International
8.7 Nedap N.V.
8.8 AMAG Technology
8.9 Cansec Systems
8.10 Gunnebo
9. Market Outlook & Investment Opportunities

Browse full report@

About Us:
Orbis Research ( is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Info:
Name: Hector Costello
Organization: Orbis Research
Address: 4144N Central Expressway, Suite 600, Dallas, Texas - 75204, U.S.A.
Phone: +1 (214) 884-6817; +912064101019

Source URL:

Source: MarketersMedia

Release ID: 506870

More News From Lifestyle - Asia Logue

Indonesia leader meets defeated rival after divisive poll

Jul 21, 2019

JAKARTA, Indonesia — Indonesia's president and his defeated election rival met Saturday for the first time since the divisive April poll and rode together on a recently opened subway in the capital, signaling a calming of political tensions in the world's third-largest democracy. In a choreographed spectacle, President Joko Widodo and former special forces general Prabowo Subianto met and embraced at a gleaming new subway station in Jakarta and sat together chatting on a short train trip. Subianto had refused to accept the election result and threatened a "people power" uprising. He alleged massive and systematic fraud, but his legal...

Hong Kong court throws out ex-leader's misconduct conviction

Jul 21, 2019

HONG KONG — A Hong Kong court on Wednesday threw out former Chief Executive Donald Tsang's conviction for misconduct relating to a property deal while in office. Tsang was released in January after serving a 12-month sentence for failing to disclose plans to rent a luxury apartment from a businessman granted a government broadcasting license. A panel of five judges on the Court of Final Appeal ruled that the judge at Tsang's trial had not given jurors sufficient directions on assessing whether he had deliberately concealed information before finding him guilty in 2017. The judges also ordered that no retrial...

Ex-Filipino diplomat who sued Xi barred entry to Hong Kong

Jul 21, 2019

MANILA, Philippines — A former Philippine foreign secretary who accused in an international court Chinese President Xi Jinping of crimes against humanity said he was barred from entering Hong Kong on Friday and held at the airport for hours. Former Foreign Secretary Albert del Rosario told The Associated Press by telephone that he flew to Hong Kong for a business meeting but was blocked by immigration officers from entering. Del Rosario said he was held at an airport immigration lounge for about six hours before being told that he was denied entry without any explanation and put on a Cathay...

When disaster hits, Indonesia's Islamists are first to help

Jul 21, 2019

PALU, Indonesia — The flags hanging outside Anwar Ragaua's house have drawn warnings from police, but the wiry 50-year-old vows he's not taking them down. After all, the police weren't there to help when he was the sole fisherman in his village to survive the tsunami that inundated the Indonesian city of Palu at dusk on Sept. 28. Nor was the government. Nor were the aid organizations that swept into the stricken region in remote central Sulawesi. Instead, the first people to offer him hope — and a new boat — were deployed by a hardline Islamic group notorious for...

China issues travel alerts, slams US 'interference'

Jul 21, 2019

BEIJING — China issued a pair of travel warnings for the U.S. on Tuesday and slammed what it called "interference" in its internal affairs. Foreign Ministry spokesman Geng Shuang accused the U.S. of acting in bad faith in trade negotiations and said any attempts to interfere or undermine China's stability would be "doomed to fail." The volleys of criticism between the two largest economies leave them further than ever from resolving their standoff over U.S. complaints that Beijing resorts to unfair trade practices and unscrupulous methods to obtain advanced technologies. The Chinese comments followed a statement from the U.S. Trade...

Sign up now!