Global Access Control Market (2021-2026) by Models, Technology, Component, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

The Global Access Control Market is estimated to be USD 4.8 Bn in 2021 and is expected to reach USD 6.67 Bn by 2026, growing at a CAGR of 6.8%.



Market Dynamics

The rising security concerns among the private and public sectors are the major factors increasing the global access control market. Rising threats, cyber and malware attacks, frauds have mandated access control by the government, and some companies are anticipated to increase the market growth. Furthermore, the increasing adoption of IoT and cloud computing in security systems is driving the market. The penetration of smart access control in home locks and other sectors such as vehicles, GCM digital phones, etc is further prompting the demand of the market. However, the high cost encored for installation and maintenance is anticipated to hinder the market growth.

Ongoing technological advancements on access control devices and rising applications of wireless security systems are expected to pave new opportunities for the market during the forecast period.

Market Segmentation

The Global Access Control Market is segmented further based on Models, Technology, Component, End User, and Geography.

By Models, the market is classified into discretionary access control (DAC), mandatory access control (MAC), role-based access control (RBAC), and rule-based access control. Amongst all, the discretionary access control (DAC) segment is estimated to hold the highest market share during the forecast period.

By Type, the market is classified as physical access control systems, logical access control systems, and mobile access control systems. Amongst all, the physical access control segment is estimated to hold the highest market share during the forecast period.

By Component, the market is classified as hardware, software, and service. Amongst all, the hardware segment is estimated to hold the highest market share during the forecast period.

By End User, the market is classified as commercial, residential, education, military & defense, healthcare, manufacturing & industrial, government, and transportation. Amongst all, the commercial segment is estimated to hold the highest market share during the forecast period.

By Geography, North America is projected to lead the market.

Recent Developments

1. Brivo partners with Securitas Electronic Security, Inc. to deliver its cloud-based access control, physical security platform technology to new and existing SES clientele. - 22nd October 2020.
2. Invixium, the manufacturer of innovative touchless biometric solutions, entered into a global distribution agreement with Honeywell Commercial Security. Invixium products integrate with Honeywell’s Pro-Watch Security Management Suite through IXM WEB, Invixium’s enterprise-grade software solution. This integration allows for one- or two-way database-to-database synchronization of user credentials between the two applications to streamline the process of implementing access control solutions with both Invixium and Honeywell products. - 24th August 2020.

Company Profiles

Some of the companies covered in this report are Panasonic Corporation, 3M Company, Honeywell Group, Axis Communications, Pelco Inc., Cisco, Access Ltd., etc.

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

• The report offers a comprehensive evaluation of the Global Access Control Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
• The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
• The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
• The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
• The report also contains a competitive analysis using the Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

• A complete analysis of the market, including parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market