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Access Control Market by Component (Hardware and Software), Service (Installation, Maintenance, and ACaaS), Vertical, and Geography - Global Forecast to 2023 - Research and MarketsThe "Access Control Market by Component (Hardware (Card-Based Readers, Biometric Readers, Electronic Locks, Controllers, and Others) and Software), Service (Installation, Maintenance, and ACaaS), Vertical, and Geography - Global Forecast to 2023" report has been added to Research and Markets' offering. The access control market is expected to be worth USD 10.03 billion by 2023, growing at a CAGR of 6.48% between 2017 and 2023. The major drivers for the growth of the access control market are the high adoption of access control systems due to growing security concerns, technological advancements, the deployment of wireless technology in security systems, and the adoption of Internet of Things (IoT)-based security systems. Less awareness among end users about advanced security solutions is a major restraining factor for the growth of the access control market. The commercial vertical is the largest vertical drving the growth of the access control market. Protecting the infrastructure and assets from threats such as accidents, vandalism, theft, sabotage, and terrorism is the major concern in banking, and finance and retail sectors. These security issues increase the demand for access control systems and solutions for this vertical. These factors are expected to propel the growth of the access control market for the commercial vertical. Companies Mentioned
Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Types of Access Control Systems (Qualitative) 8 Access Control Market, By Component and Service 9 Access Control as A Service Market 10 Access Control Market, By Vertical 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles For more information about this report visit https://www.researchandmarkets.com/research/wcv4pg/access_control
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