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Card-Based Access Control Systems - Global Market Trajectory & Analytics

  • ID: 2531230
  • Report
  • September 2020
  • Region: Global
  • 433 Pages
  • Global Industry Analysts, Inc
The Catastrophic Pandemic Has Decimated Societies & Communities. Crime is on the Rise. Card-Based Access Control Systems to Reach $3.1 Billion

The global market for Card-Based Access Control Systems is projected to reach US$3.1billion by the year 2027, trailing a post COVID-19 CAGR of 6% over the analysis period 2020 through 2027. The social and financial insecurities and loss wreaked by the pandemic is pushing up the risk of crime. Infiltration into critical infrastructure remains a major threat area. Unauthorized access to protected and restricted spaces in buildings is continuing to increase. Financial chaos wreaked by COVID-19 is resulting in increased theft & vandalism. Cash larceny and burglary is on the rise along with terrorist incidents which continued to surface even in amid the pandemic. In addition to increased crime, the pandemic is also positively impacting the market in other ways. The outbreak is causing a global reaction, bringing about significant changes to businesses. Contactless cards that facilitate hygiene and secure process of transactions are growing in demand, specifically during the current crisis. The COVID-19 pandemic is set to change access control priorities and prompt enterprises to make necessary amendments in their existing strategies. Enterprise-level access control solutions have been witnessing continuous evolution and changes over the last several years, with various players shifting focus towards more powerful and secure systems, open platforms, big data and mobile credentials. Demand for contactless cards for access control systems is expected to continue with several organizations and governments opting for contactless technologies in the current scenario. The reopening of businesses is driving companies to make adjustments such as disabling active badges, implementing temperature checks or self-assessments, and ensuring health validation before granting access. Enterprises are integrating systems to check temperature access control solutions for automating processes related to denying or granting access.

Majority of enterprises are rethinking approaches to leverage existing access control systems as an effective line of defense with new medical technologies such as temperature screening. COVID-19 is driving companies to consider features such as contact tracking and health screening. However, the integration of temperature sensing with access control requires enterprises to pay particular attention to cyber security as these devices are highly likely to be hacked for gaining data. The pandemic and strong focus on no-touch access control options is anticipated to help biometrics in garnering notable attention. Technologies such as iris scans, facial recognition and wave readers along with other non-contact options are poised to gain on the expense of fingerprint readers. In addition, enterprises are likely to migrate away from conventional access control identification methods towards facial recognition. Various organizations are anticipated to also consider the implementation of open systems and mobile credentials for ensuring frictionless access without the need for touching. While increasing focus on data is expected to drive enterprises to adopt wireless readers, increasing connectivity and remote workplaces are likely to favor the cloud technology. The increasing focus on hosted and managed cloud services is anticipated to require integrators gain more insights into cloud along with hybrid options due to continuous shift away from conventional on-premise access control.

Another key trend in the global access control market is the growing prominence of integrated systems. Access control systems, even the smaller ones, supporting lesser number of doors, are being integrated with intercom or video. Prominence of standalone systems, which are no longer suitable for the modern security model, is gradually fading against growing popularity of integrated systems in which video, intrusion, and access control are beginning to well complement each other and providing very high protection levels. However, increasing levels of integration is leading to more pressure on security integrators to expand their portfolio of offerings because of the demand for multifarious products from clients. Also, integration comes at a cost. Since many components in the system are bespoke, integrating proves to be expensive. The number of access products supported by an integrator currently is five. A decade ago, an average integrator supported just one product or at the best, two products. Security integrators are also currently required to carry different product lines for cloud services for SMBs, and for larger enterprises. Going forward, the market for access control systems will be affected by several emerging technologies including locksets integrated with wireless technologies, mobile credentials, biometric credentials, etc. Wireless systems at doors, connecting back to cloud-based systems, will be most sought after by larger clients. These systems will allow them to manage access control expenses.

Competitors identified in this market include, among others:
  • ADT LLC
  • Allegion plc
  • ASSA ABLOY AB
  • Axis Communications AB
  • Bosch Security Systems Inc.
  • dormakaba Holding AG
  • Gemalto
  • Gunnebo AB
  • Honeywell International, Inc.
  • IDEMIA
  • IDenticard Systems
  • Identiv Inc.
  • ISONAS
  • Nortek Security and Control LLC
  • Oberthur Technologies SA
  • Sony Corporation
  • STANLEY Security
  • UTC Climate
  • Vanderbilt Industries
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I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
  • Impact of Covid-19 and a Looming Global Recession
  • COVID-19 Outbreak to Introduce New Changes in Access Control Domain
  • COVID-19 Pandemic Catalyzes Demand for Mobile Access Control Credentials
  • Electronic Access Control Systems: A Prelude
  • Card-Based Access Control Systems
  • Types of Card-Based Electronic Access Control Systems
  • Traditional Cards
  • Smart Cards
  • Contactless Smart Card Technology
  • Insight into Smart Card based Access Control Systems
  • Access Control Cards Stay Relevant Despite Rise of Biometrics
  • Market Fortunes Intrinsically Tied to Performance of the Overall Electronic Access Control Industry
  • Integrated Systems Grow in Prominence
  • Market Outlook
  • Underpenetrated Developing Countries Offer Huge Untapped Market Growth Potential
  • Widespread Consumer Awareness: The Crucible for Success
  • Stiff Competition from Biometrics and Mobile Credentials Pose a Major Challenge
  • High Implementation Costs Deter Smart Card Adoption
  • Competition
  • Players from Developed Markets Face Growing Competition from Low-Cost Asian Manufacturers
  • M&A Activity Picks Up
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
  • Contact Cards Give Way to Contactless Card Based Access Control Technologies
  • Smart Cards Outshine Traditional Legacy & Proximity Cards
  • EXHIBIT 1: Global Card-Based Access Control Systems by Segment (In %)
  • Multi-Application Smart Cards Grow in Demand
  • Advancements in Smart Card Readers Drive Adoption
  • Businesses Opt for Hybrid Approach
  • Smart Card EACS as Smart ID Badges
  • Smart Card EACS Witness Increasing Application as Attendance Management Tool
  • Biometric Smart Cards in Spotlight
  • The Enterprise Sector: A Major End Use Market for Card Based EACS
  • EXHIBIT 2: Global Connected Enterprise Market (In US$ Billion) for the Years 2017, 2022 and 2024
  • Smart Cities to Drive Adoption
  • EXHIBIT 3: Global Smart Cities Market in US$ Billion: 2018-2026
  • Need to Restrict Unauthorized Access to Sensitive Areas Drive Demand in Healthcare Establishments
  • Focus Grows on Reducing the Touchpoints in Hospitals
  • Card-based EACS: A Widely Acknowledged Access Method in Hospitality Facilities
  • Different Types of Access Cards for Hospitality Sector: A Snapshot
  • Slowdown in Hospitality Sector Impacts Growth
  • EXHIBIT 4: Impact of Covid-19 on Hotel Occupancy Rates in Select Countries: March 2020
  • Shift from Traditional Frisking and Manual Verification Procedures in Physical Access to Support Market Prospects
  • Government Sector: An Important Market for Card Based EACS
  • Higher Education Sector: A Key Contributor to Growth
  • Millennial Population to Significantly Influence Access Control Solutions Market
  • Integration of Access Control and Visitor Management Improves Security & Operational Efficiency
  • Logical Access Control: Market Laden with Immense Potential for Card Based EACS
4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS
  • GEOGRAPHIC MARKET ANALYSIS
  • UNITED STATES
  • Market Overview
  • Multi-Factor Authentication System Bodes Well for Smart Card ACS
  • Smart Cards Gain Prominence in Education Institutes
  • Growing Demand for Touchless Access Systems Amid COVID-19 Scare: Major Ongoing Challenge
  • Pandemic Drives the Need for ‘Touchless Experiences’, Paving the Way for Biometric Systems and Mobile Credentials
  • Market Analytics
  • CANADA
  • Market Overview
  • Market Analytics
  • JAPAN
  • Market Overview
  • Market Analytics
  • CHINA
  • Market Overview
  • Market Analytics
  • EUROPE
  • Market Overview
  • Healthcare Sector: An Important Market for Smart Cards
  • COVID-19 Pandemic to Favor Growth in Biometric Access Control Systems
  • Market Analytics
  • FRANCE
  • GERMANY
  • ITALY
  • UNITED KINGDOM
  • SPAIN
  • RUSSIA
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Market Overview
  • Expanding Application Areas Augur Well
  • Market Analytics
  • AUSTRALIA
  • INDIA
  • Market Overview
  • Market Analytics
  • SOUTH KOREA
  • REST OF ASIA-PACIFIC
  • LATIN AMERICA
  • ARGENTINA
  • BRAZIL
  • MEXICO
  • REST OF LATIN AMERICA
  • MIDDLE EAST
  • Market Overview
  • Market Analytics
  • IRAN
  • ISRAEL
  • SAUDI ARABIA
  • UNITED ARAB EMIRATES
  • REST OF MIDDLE EAST
  • AFRICA
IV. COMPETITION
  • Total Companies Profiled: 91
Note: Product cover images may vary from those shown
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