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The shift from key-based to keyless Access Control System has eliminated the stress associated with key-dependent access systems, such as keys misplacement, etc. It has, furthermore, enhanced the end-user experience, as these systems are comparatively more efficient, faster processing power, and multitude options for unlocking doors (RFID, biometric, keypad, and key, all in one access system to eliminate the dependence on one type of access system), and remote accessibility.
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Access Control System Market Market Set to Exceed $15.62 Billion By 2027 | CAGR: 8.0%
Access Control System Market Size to Reach $15.62 Billion By 2027 “Access Control System Market Share, Size, Trends, Industry Analysis Report, By Type [Hardware (Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Controllers, Others), Software, Services]; By End Use; By Regions; Segment Forecast, 2020 - 2027” The global access control system market size is expected to reach USD 15.62 billion by 2027 according to a new study by Polaris Market Research. The shift from key-based to keyless Access Control System has eliminated the stress associated with key-dependent access systems, such as keys misplacement, etc. It has, furthermore, enhanced the end-user experience, as these systems are comparatively more efficient, faster processing power, and multitude options for unlocking doors (RFID, biometric, keypad, and key, all in one access system to eliminate the dependence on one type of access system), and remote accessibility. Owing to such features, Access Control System are now widely installed across several industries, and the market, globally, is furthermore expected to witness impelling growth during the forecast period as well. Moreover, the desired need for enhanced security, living standards, and spending capability of the population are furthermore expected to drive the market. Finger-vein recognition technology requires finger scanning with the use of infrared sensor and a chargeable device, which highlighting unique finger pattern in a database aiming to reduce dummy finger issues providing high security and has found mass growth in sectors like attendance tracking, border control, etc. Browse Detailed Research Report On Access Control System Market: https://www.polarismarketresearch.com/industry-analysis/access-control-system-market Owing to the increasing burglaries in residential areas has led to the high demand for enhanced access systems. Besides this, increasing adoption of smartphones is observed, globally. Henceforth, the lack of presence of competition in the remote access control system market, in response to the increasing demand for remote access security from the end-users, poses a high growth opportunity for vendors planning on investing in the same. Use of artificial intelligence and smart applications like biometrics and card-based access control system add value to business ensuring high-level security with enormous indirect data collection pertaining to the employees. High-security doors mounted with intelligent PACs are being installed in areas like server room racks and cabinets, this is expected to drive market growth. - 2 -
Access Control System Market Size to Reach $15.62 Billion By 2027 Companies such as Honeywell International, Allegion, Avigilon, Bosch security, Johnson controls, 3M Cogent Inc., Accu-Time Systems Inc., Aware Inc., Bio-Key International Inc., Axis communications, Assa Abloy, United Technologies Corporation, Digital Persona Inc., IrisID Systems Inc., Morphotrak LLC, NEC Corporation, and Secugen Corporation are few key players operating in the Access Control System market. Request for sample: https://www.polarismarketresearch.com/industry-analysis/access- control-system-market/request-for-sample Table of Contents 1. Introduction 1.1. Report Description 1.1.1. Objectives of the Study 1.1.2. Market Scope 1.1.3. Assumptions 1.2. Stakeholders 2. Executive Summary 2.1. Market Highlights 3. Research Methodology 3.1. Overview 3.1.1. Data Mining - 3 -
Access Control System Market Size to Reach $15.62 Billion By 2027 3.2. Data Sources 3.2.1. Primary Sources 3.2.2. Secondary Sources 4. Access Control System Market Insights 4.1. Access Control System – Industry snapshot 4.2. Access Control System Market Dynamics 4.2.1. Drivers and Opportunities 4.2.1.1. Rapid innovations in the Access Control System 4.2.1.2. Uptake in varied industry verticals 4.2.2. Restraints and Challenges 4.2.2.1. Data feeding issues 4.3. Porter’s Five Forces Analysis 4.3.1. Bargaining Power of Suppliers (Moderate) 4.3.2. Threats of New Entrants: (Low) 4.3.3. Bargaining Power of Buyers (Moderate) 4.3.4. Threat of Substitute (Moderate) 4.3.5. Rivalry among existing firms (High) 4.4. PESTLE Analysis 4.5. Access Control System Market Industry trends 5. Access Control System Market Assessment by Type 5.1. Key Findings 5.2. Introduction 5.2.1. Global Access Control System Market, By Type, 2016 – 2027 (USD Million) 5.3. Hardware 5.3.1. Global Access Control System Market, by Hardware, by Region, 2016 – 2027 (USD Million) 5.3.2. Card-based Readers 5.3.2.1. Card-based Readers Market, 2016 – 2027 (USD Million) 5.3.3. Biometric Readers 5.3.3.1. Biometric Readers Market, 2016 – 2027 (USD Million) 5.3.4. Multi-technology Readers 5.3.4.1. Multi-technology Readers Market, 2016 – 2027 (USD Million) 5.3.5. Electronic Locks 5.3.5.1. Electronic Locks Market, 2016 – 2027 (USD Million) 5.3.6. Controllers 5.3.6.1. Controllers Market, 2016 – 2027 (USD Million) 5.3.7. Others 5.3.7.1. Others Market, 2016 – 2027 (USD Million) - 4 -
Access Control System Market Size to Reach $15.62 Billion By 2027 5.4. Software 5.4.1. Global Access Control System Market, by Software, by Region, 2016 – 2027 (USD Million) 5.4.2. Visitor Management System 5.4.2.1. Visitor Management System Market, 2016 – 2027 (USD Million) 5.4.3. Others 5.4.3.1. Other Software Market, 2016 – 2027 (USD Million) 5.5. Services 5.5.1. Global Access Control System Market, by Services, by Region, 2016 – 2027 (USD Million) 5.5.2. Installation & Integration Services 5.5.2.1. Installation & Integration Services Market, 2016 – 2027 (USD Million) 5.5.3. Support & Maintenance Services 5.5.3.1. Support & Maintenance Services Market, 2016 – 2027 (USD Million) 6. Access Control System Market, by End Use 6.1. Key Findings 6.2. Introduction 6.2.1. Global Access Control System Market, By End Use, 2016 – 2027 (USD Million) 6.3. Commercial 6.3.1. Global Access Control System Market, by Commercial End-Use, By Region, 2016 – 2027 (USD Million) 6.4. Military & Defense 6.4.1. Global Access Control System Market, by Military & Defense End-Use, By Region, 2016 – 2027 (USD Million) 6.5. Government 6.5.1. Global Access Control System Market, by Government End-Use, By Region, 2016 – 2027 (USD Million) 6.6. Residential 6.6.1. Global Access Control System Market, by Residential End-Use, By Region, 2016 – 2027 (USD Million) 6.7. Education 6.7.1. Global Access Control System Market, by Education End-Use, By Region, 2016 – 2027 (USD Million) 6.8. Healthcare 6.8.1. Global Access Control System Market, by Healthcare End-Use, By Region, 2016 – 2027 (USD Million) 6.9. Manufacturing & Industrial 6.9.1. Global Access Control System Market, by Manufacturing & Industrial End-Use, By Region, 2016 – 2027 (USD Million) 6.10. Transportation 6.10.1. Global Access Control System Market, by Transportation End-Use, By Region, 2016 – 2027 (USD Million) - 5 -
Access Control System Market Size to Reach $15.62 Billion By 2027 6.11. Others 6.11.1. Global Access Control System Market, by Other End-Use, By Region, 2016 – 2027 (USD Million) 7. Access Control System Market Assessment by Geography 7.1. Key findings 7.2. Introduction 7.2.1. Access Control System Market Assessment, By Geography, 2016 – 2027 (USD Million) 7.3. Access Control System Market – North America 7.3.1. North America: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.3.2. North America: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.3.3. Access Control System Market – U.S. 7.3.3.1. U.S.: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.3.3.2. U.S.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.3.4. Access Control System Market – Canada 7.3.4.1. Canada: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.3.4.2. Canada.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4. Access Control System Market – Europe 7.4.1. Europe: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.2. Europe: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.3. Access Control System Market – UK 7.4.3.1. UK: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.3.2. UK: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.4. Access Control System Market – France 7.4.4.1. France: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.4.2. France: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.5. Access Control System Market – Germany 7.4.5.1. Germany: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.5.2. Germany: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.6. Access Control System Market – Italy 7.4.6.1. Italy: Access Control System Market, By Type, 2016 – 2027 (USD Million) - 6 -
Access Control System Market Size to Reach $15.62 Billion By 2027 Italy: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.7. Access Control System Market – Spain 7.4.7.1. Spain: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.7.2. Spain: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.8. Access Control System Market – Netherlands 7.4.8.1. Netherlands: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.8.2. Netherlands: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.4.9. Access Control System Market – Austria 7.4.9.1. Austria: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.9.2. Austria: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5. Access Control System Market – Asia-Pacific 7.5.1. Asia Pacific: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.2. Asia Pacific: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.3. Access Control System Market – China 7.5.3.1. China: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.3.2. China: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.4. Access Control System Market – India 7.5.4.1. India: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.4.2. India.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.5. Access Control System Market – Malaysia 7.5.5.1. Malaysia: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.5.2. Malaysia: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.6. Access Control System Market – Japan 7.5.6.1. Japan: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.6.2. Japan: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.7. Access Control System Market – Indonesia 7.5.7.1. Indonesia: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.4.6.2. - 7 -
Access Control System Market Size to Reach $15.62 Billion By 2027 Indonesia: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.5.8. Access Control System Market – South Korea 7.5.8.1. South Korea: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.5.8.2. South Korea.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.6. Access Control System Market – Middle East & Africa 7.6.1. Middle East & Africa: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.6.2. Middle East & Africa.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.6.3. Access Control System Market – Saudi Arabia 7.6.3.1. Saudi Arabia: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.6.3.2. Saudi Arabia.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.6.4. Access Control System Market – UAE 7.6.4.1. UAE: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.6.4.2. UAE: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.6.5. Access Control System Market – Israel 7.6.5.1. Israel: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.6.5.2. Israel: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.6.6. Access Control System Market – South Africa 7.6.6.1. South Africa: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.6.6.2. South Africa: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.7. Access Control System Market – Latin America 7.7.1. Latin America: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.7.2. Latin America: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.7.3. Access Control System Market – Mexico 7.7.3.1. Mexico: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.7.3.2. Mexico.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.7.4. Access Control System Market – Brazil 7.5.7.2. - 8 -
Access Control System Market Size to Reach $15.62 Billion By 2027 Brazil: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.7.4.2. Brazil.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 7.7.5. Access Control System Market – Argentina 7.7.5.1. Argentina: Access Control System Market, By Type, 2016 – 2027 (USD Million) 7.7.5.2. Argentina.: Access Control System Market, By End Use, 2016 – 2027 (USD Million) 8. Competitive Landscape 8.1. Expansion and Acquisition Analysis 8.1.1. Expansion 8.1.2. Acquisitions 8.2. Partnerships/Collaborations/Agreements/Exhibitions 9. Company Profiles 9.1. Honeywell International 9.1.1. Company Overview 9.1.2. Financial Performance 9.1.3. Product/Services Benchmarking 9.1.4. Recent Development 9.2. Bosch security 9.2.1. Company Overview 9.2.2. Financial Performance 9.2.3. Product/Services Benchmarking 9.2.4. Recent Development 9.3. Johnson Controls 9.3.1. Company Overview 9.3.2. Financial Performance 9.3.3. Product/Services Benchmarking 9.3.4. Recent Development 9.4. Accu-Time Systems Inc. 9.4.1. Company Overview 9.4.2. Financial Performance 9.4.3. Product/Services Benchmarking 9.4.4. Recent Development 9.5. Bio-Key International Inc. 9.5.1. Company Overview 9.5.2. Financial Performance 9.5.3. Product/Services Benchmarking 9.5.4. Recent Development 9.6. United Technologies Corporation 9.6.1. Company Overview 7.7.4.1. - 9 -
Access Control System Market Size to Reach $15.62 Billion By 2027 9.6.2. Financial Performance 9.6.3. Product/Services Benchmarking 9.6.4. Recent Development 9.7. Morphotrak LLC 9.7.1. Company Overview 9.7.2. Financial Performance 9.7.3. Product/Services Benchmarking 9.7.4. Recent Development 9.8. Secugen Corporation 9.8.1. Company Overview 9.8.2. Financial Performance 9.8.3. Product/Services Benchmarking 9.8.4. Recent Development 9.9. Allegion 9.9.1. Company Overview 9.9.2. Financial Performance 9.9.3. Product/Services Benchmarking 9.9.4. Recent Development 9.10. Avigilon 9.10.1. Company Overview 9.10.2. Financial Performance 9.10.3. Product/Services Benchmarking 9.10.4. Recent Development Access Press Release on Access Control System Market: https://www.polarismarketresearch.com/press-releases/access-control-system-market About Polaris Market Research Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. E mail Id: sales@polarismarketresearch.com Web: www.polarismarketresearch.com Official Blog: http://polarismarketresearch.blogspot.com - 10 -
Access Control System Market Size to Reach $15.62 Billion By 2027 - 11 -