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Access Control Market - Insights into the Competitive Scenario of the Market 2025

The global Access control market accounted for US$ 6.05 Bn in 2017 and is expected to grow at a CAGR of 13.2% during the forecast period 2018 u2013 2025, to account to US$ 16.66 Bn by 2025. <br><br>Growth in the recent years is primarily driven by the following major factors, such as increasing security concerns, deployment of IP based and wireless technologies, and technological advancements. Furthermore, the growth in commercial sector has propelled the market growth to a significant extent. North America is leading the access control throughout the forecast period. However, Asia Pacific is witnessing the highest CAGR.<br>

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Access Control Market - Insights into the Competitive Scenario of the Market 2025

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  1. Access Control Market Access Control Market to 2025 - Global Analysis and Forecasts by Type (Hardware, Software, and Services) and Application (BFSI, Residential, Commercial, Healthcare, Government & Transport, and Others) E-Mail : sales@theinsightpartners.com

  2. Access Control Market The global access control market accounted for US$ 6.05 Bn in 2017 and is expected to grow at a CAGR of 13.2% during the forecast period 2018 – 2025, to account to US$ 16.66 Bn by 2025. Growth in the recent years is primarily driven by the following major factors, such as increasing security concerns, deployment of IP based and wireless technologies, and technological advancements. Furthermore, the growth in commercial sector has propelled the market growth to a significant extent. North America is leading the access control throughout the forecast period. However, Asia Pacific is witnessing the highest CAGR. Biometric device integration has become a standard requirement for secure access control, thereby delivering greater security for non-transferable devices. Furthermore, the multi-factor authentication technology is increasingly gaining importance and has mainly targeted employee access in critical areas. Access control solutions are seamlessly integrated with video surveillance technology for comprehensive physical security. Larger facilities with multiple parking spaces, doors, entry/exit points, and loading docks benefit enormously through this integration. E-Mail : sales@theinsightpartners.com

  3. Access Control Market Biometric device integration has become a standard requirement for secure access control, thereby delivering greater security for non-transferable devices. Furthermore, the multi-factor authentication technology is increasingly gaining importance and has mainly targeted employee access in critical areas. Access control solutions are seamlessly integrated with video surveillance technology for comprehensive physical security. Larger facilities with multiple parking spaces, doors, entry/exit points, and loading docks benefit enormously through this integration. The component segment of access control market is segmented into hardware, software, and services. Hardware segment dominated the market in 2017 and is expected to continue its dominance till 2025. Tamper-proof hardware with dual verification options to align with the efficient security needs are opportunistic for the growth of the market. Furthermore, the adoption of wireless capabilities, modular locking components and multi-reader technology specifically for the commercial applications are expected to proliferate the access control market growth. E-Mail : sales@theinsightpartners.com

  4. Access Control Market Access control systems are used in different industries to restrict a person from unauthorized access to any location or device. The report addresses almost all the major application where access control systems are used for different applications. These applications includes BFSI, residential, commercial, healthcare, government & transport, and others. Here others includes educational, manufacturing, and industrial applications. Some of these industries require high level security and restriction such as healthcare, government offices and BFSI sector, therefore access control types may vary as per industry requirements. Some of the factors influencing in the selection of access control types are the nature of business, security procedures within the organization, and the number of users on the system. Get Research Sample here – https://www.theinsightpartners.com/sample/TIPTE100000401/ E-Mail : sales@theinsightpartners.com

  5. Access Control Market The List of Companies 1. GemaltoN.V.2. Honeywell International, Inc.3. AMAG Technology Inc.4. Siemens AG5. ASSA ABLOY AB6. NEC Corporation7. Johnson Controls International PLC8. Schneider Electric SE9. Gallagher Group Limited10. Identiv Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPTE100000401/ E-Mail : sales@theinsightpartners.com

  6. Access Control Market E-Mail : sales@theinsightpartners.com

  7. Access Control Market Table of Contents 1. INTRODUCTION 131.1 SCOPE OF THE STUDY 131.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 132. KEY TAKEAWAYS 143. ACCESS CONTROL MARKET LANDSCAPE 163.1 MARKET OVERVIEW 163.2 MARKET SEGMENTATION 173.2.1 Global Access control Market – By Type 193.2.2 Global Access control Market – By Application 193.2.3 Global Access control Market – By Geography 193.3 PEST ANALYSIS 213.3.1 North America – Pest Analysis 213.3.2 Europe – Pest Analysis 233.3.3 Asia Pacific – Pest Analysis 253.3.4 Middle East and Africa – Pest Analysis 273.3.5 South America – Pest Analysis 29 E-Mail : sales@theinsightpartners.com

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