Global Access Control Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 7.8% over the forecast period 2023-2030. Products for access control offer users the ability to verify which is authorized to access a company's physical infrastructure. Physical access control is the process of securing a certain area, such as a building, a parking lot, or an office. The management and enforcement of physical security typically require the installation of a physical access control system (PACS). PACS prevents unauthorized access to certain portions of a structure or its surroundings. The market growth is driven by significant factors such as the growing penetration of cyber threats and technological innovations and the emergence of the Internet of Things for connected devices.
According to Statista, Manufacturing had the highest percentage of cyberattacks among the top global industries in 2022. Nearly 25% of all cyberattacks during the studied year were committed against manufacturing companies. Insurance and finance came in second place with about 19 percent. With a share of 14.6 percent, professional, business, and consumer services came in third. Furthermore, the market for cyber threat intelligence (CTI) was projected to reach USD 11.6 billion in value worldwide in 2023. Organizations may adapt to the changing threat landscape with the aid of CTI, a product category of cyber defence programs. The threat intelligence services industry is another sector in which CTI operates. The market for CTI is anticipated to reach more than 44 billion dollars by 2033. Moreover, the increase in usage of advanced technologies such as artificial intelligence and the increasing popularity of access control devices in commercial spaces enhanced the market opportunities during the projected period. However, operational and ROI Concerns and a lack of awareness about security solutions stifle market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Access Control Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America is leading the market growth owing to an increase in expenditure on wireless systems and the adoption of cloud computing and IoT-based systems. On the other side, Asia Pacific is expected to be the fastest growing region owing to expanding construction sector, a large number of manufacturing industries, and a growing crime rate.
Major market players included in this report are:
- Panasonic Holding Corporation
- Suprema Inc.
- Hanwha Vision
- Thales Group (Gemalto NV)
- Bosch Security System Inc.
- Honeywell International Inc
- Tyco International Plc (Johnson Controls)
- Allegion PLC
- ASSA ABLOY AB Group
- Schneider Electric SE
Recent Developments in the Market:
- In March 2023, Axis Communications and Genetec Inc. teamed together to release Axis in, an enterprise-level access control solution that integrates Genetec access control software and Axis network door controllers in a single, simple-to-deploy package. The first product of its type, it offers comprehensive security, public safety, operations, and business intelligence solutions using Genetec technology.
- In October 2022, ALCEA, a French-based developer of access control systems, was acquired by ASSA ABLOY AB. The addition of ALCEA to ASSA ABLOY's Critical Infrastructure business portfolio will help the firm strengthen its position in critical infrastructure protection contexts and increase the breadth of its access-cantered product line. The company's strategic goal to improve its position in the access control sector is supported by the acquisition.
Global Access Control Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, End User, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Card Reader and Access Control Devices
- Biometric Readers
- Electronic Locks
- Software
- Other Types
By End User:
- Commercial
- Residential
- Government
- Industrial
- Transport and Logistics
- Healthcare
- Military and Defense
- Other End User Verticals
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Access Control Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Access Control Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Access Control Market, by End User Vertical, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Access Control Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Access Control Market Dynamics
- 3.1. Access Control Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Growing penetration of cyber threats
- 3.1.1.2. Technological innovations the emergence of the internet of things for connected device
- 3.1.2. Market Challenges
- 3.1.2.1. Operational and ROI Concerns
- 3.1.2.2. Lack of awareness about security solutions
- 3.1.3. Market Opportunities
- 3.1.3.1. Increase in usage of advanced technologies such as artificial intelligence
- 3.1.3.2. Increasing popularity of access control devices in commercial spaces
Chapter 4. Global Access Control Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Access Control Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Access Control Market by Type, Performance - Potential Analysis
- 5.3. Global Access Control Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Access Control Market, Sub Segment Analysis
- 5.4.1. Card Reader and Access Control Devices
- 5.4.2. Biometric Readers
- 5.4.3. Electronic Locks
- 5.4.4. Software
- 5.4.5. Other Types
Chapter 6. Global Access Control Market, by End User Vertical
- 6.1. Market Snapshot
- 6.2. Global Access Control Market by End User Vertical, Performance - Potential Analysis
- 6.3. Global Access Control Market Estimates & Forecasts by End User Vertical 2020-2030 (USD Billion)
- 6.4. Access Control Market, Sub Segment Analysis
- 6.4.1. Commercial
- 6.4.2. Residential
- 6.4.3. Government
- 6.4.4. Industrial
- 6.4.5. Transport and Logistics
- 6.4.6. Healthcare
- 6.4.7. Military and Defense
- 6.4.8. Other End User Verticals
Chapter 7. Global Access Control Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Access Control Market, Regional Market Snapshot
- 7.4. North America Access Control Market
- 7.4.1. U.S. Access Control Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. End User Vertical breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Access Control Market
- 7.5. Europe Access Control Market Snapshot
- 7.5.1. U.K. Access Control Market
- 7.5.2. Germany Access Control Market
- 7.5.3. France Access Control Market
- 7.5.4. Spain Access Control Market
- 7.5.5. Italy Access Control Market
- 7.5.6. Rest of Europe Access Control Market
- 7.6. Asia-Pacific Access Control Market Snapshot
- 7.6.1. China Access Control Market
- 7.6.2. India Access Control Market
- 7.6.3. Japan Access Control Market
- 7.6.4. Australia Access Control Market
- 7.6.5. South Korea Access Control Market
- 7.6.6. Rest of Asia Pacific Access Control Market
- 7.7. Latin America Access Control Market Snapshot
- 7.7.1. Brazil Access Control Market
- 7.7.2. Mexico Access Control Market
- 7.8. Middle East & Africa Access Control Market
- 7.8.1. Saudi Arabia Access Control Market
- 7.8.2. South Africa Access Control Market
- 7.8.3. Rest of Middle East & Africa Access Control Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Panasonic Holdings Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Suprema Inc.
- 8.3.3. Hanwha Vision
- 8.3.4. Thales Group (Gemalto NV)
- 8.3.5. Bosch Security System Inc.
- 8.3.6. Honeywell International Inc
- 8.3.7. Tyco International Plc (Johnson Controls)
- 8.3.8. Allegion PLC
- 8.3.9. ASSA ABLOY AB Group
- 8.3.10. Schneider Electric SE
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption