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Access Control Market - Global Forecast to 2024: Adoption of IoT-Based Security Systems With Cloud Computing PlatformsDUBLIN, March 6, 2019 /PRNewswire/ -- The "Access Control Market by Component (Hardware Card-Based Readers, Biometric Readers, Electronic Locks, Controllers, and Software), Service (Installation, Maintenance, & ACaaS), Vertical, and Geography - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering. The access control market is expected to grow from USD 7.5 billion in 2018 to USD 12.1 billion by 2024, at a CAGR of 8.24% from 2018 to 2024. The growth of this market is mainly driven by high adoption of access control solutions owing to increasing crime rates globally; technological advancements and deployment of wireless technology in security systems; and adoption of IoT-based security systems with cloud computing platforms. The adoption of access control as a service (ACaaS); implementation of mobile-based access control; and increasing urbanization in emerging countries are the major opportunities for the growth of the access control market. However, high cost and perception of unreliability restrain the market's growth. Residential vertical to hold significant share of access control market by 2024 The access control market for the residential vertical is expected to grow at the highest CAGR from 2018 to 2024. In smart homes, access control systems are used to enhance security. The key factors contributing to the growth of this market include the rise in crime rates, ongoing technological advancements, increasing need for hazards detection such as fire and gas leaks, and ensuring the safety of children at home. The growing smart home market will lead the demand for access control solutions in the residential sector. North America to be largest access control market by 2024 North America is expected to hold the largest share of the access control market during the forecast period. Increasing cyber and malware attacks in the region have compelled several governments and security agencies to enhance security features in their transactions through the deployment of RFID and biometric technologies, which is further contributing to the overall growth of access control market. The presence of key players is another key factor for the growth of the access control market in this region. Key Topics Covered: 1 Introduction 10.6 Education 10.6.1 Need of High Safety Lead the Demand for Access Control Solutions in Education Vertical 10.7 Healthcare 10.7.1 Healthcare is A Prominent Vertical for Biometrics Access Control Solutions 10.8 Manufacturing and Industrial 10.8.1 Industrial Vertical is Adopting Access Control Solutions to Provide Secure Environment 10.9 Transportation 10.9.1 Increased Implementation of Security Solutions Lead the Demand for Access Control Solutions 11 Geographic Analysis 11.1 Introduction 11.2 North America 11.2.1 US 11.2.1.1 US Accounted for the Largest Share of Access Control Market in North America 11.2.2 Canada 11.2.2.1 The Adoption of High-Security Solutions Lead the Access Control Market in Canada 11.2.3 Mexico 11.2.3.1 Growth Opportunities for Home Automation and Security to Make Access Control Market Lucrative in Mexico 11.3 Europe 11.3.1 UK 11.3.1.1 Market in UK to Grow at Highest CAGR During Forecast Period 11.3.2 Germany 11.3.2.1 Growing Demand for Biometric Solutions Drives Access Control Market in Germany 11.3.3 France 11.3.3.1 Growing Terrorist Activities Drive French Access Control Market 11.3.4 Rest of Europe 11.4 APAC 11.4.1 China 11.4.1.1 China Accounted for Largest Share of Access Control Market in APAC in 2017 11.4.2 Japan 11.4.2.1 With Growing Economy and Increasing Security Threats, Access Control Market is Expected to Witness High Growth in Japan 11.4.3 India 11.4.3.1 Increasing Security Concerns and Urbanization Boost Indian Access Control Market 11.4.4 South Korea 11.4.4.1 Owing Increasing Need for Security Solutions, South Korea Adopts Access Control Solutions 11.4.5 Rest of APAC 11.5 RoW 11.5.1 Middle East & Africa 11.5.1.1 Growing Government Security Initiatives Boost Region's Access Control Market 11.5.2 South America 11.5.2.1 High Crime Rate Lead the Demand for Access Control Solutions in This Region 12 Competitive Landscape 12.1 Overview 12.2 Market Player Ranking Analysis 12.3 Competitive Leadership Mapping 12.3.1 Visionary Leaders 12.3.2 Innovators 12.3.3 Dynamic Differentiators 12.3.4 Emerging Companies 12.4 Strength of Product Portfolio (25 Companies) 12.5 Business Strategy Excellence (25 Companies) 12.6 Competitive Scenario 12.7 Competitive Situations & Trends 12.7.1 Product Launches/Developments 12.7.2 Mergers and Acquisitions 12.7.3 Collaborations/Contracts/Agreements/Partnerships 12.7.4 Expansions 13 Company Profiles 13.1 Introduction 13.2 Key Players 13.2.1 Assa Abloy AB 13.2.2 Dormakaba Holding AG 13.2.3 Johnson Controls International PLC 13.2.4 Allegion PLC 13.2.5 Honeywell Security Group 13.2.6 Identiv, Inc. 13.2.7 Nedap N.V. 13.2.8 Suprema Hq Inc. 13.2.9 Bosch Security Systems Inc. 13.2.10 Gemlato N.V. 13.3 Other Companies 13.3.1 Amag Technology, Inc. 13.3.2 Axis Communications AB 13.3.3 Gunnebo AB 13.3.4 NEC Corporation 13.3.5 Gallagher Group Limited 13.3.6 Adman Technologies Pvt. Ltd 13.3.7 Brivo, Inc. 13.3.8 Salto Systems S.L. 13.3.9 Idemia 13.3.10 Vanderbilt Industries 14 Appendix 14.1 Insights of Industry Experts 14.2 Discussion Guide 14.3 Knowledge Store: Subscription Portal 14.4 Available Customizations 14.5 Related Reports 14.6 Author Details List of Tables Table 1 Top 10 Countries With Highest Number of Terror Attacks and Fatalities, 2016 Table 2 Access Control Market, By Component and Service, 2015-2024 (USD Million) Table 3 Access Control Market, By Hardware Component, 2015-2024 (USD Million) Table 4 Access Control Market for Hardware Components, By Region, 2015-2024 (USD Million) Table 5 Access Control Market for Card-Based Readers, By Type, 2015-2024 (USD Million) Table 6 Access Control Market for Card-Based Readers, By Type, 2015-2024 (Thousand Units) Table 7 Access Control Market for Card-Based Readers, By Region, 2015-2024 (USD Million) Table 8 Access Control Market for Smart Card Readers, By Type, 2015-2024 (USD Million) Table 9 Access Control Market for Biometric Readers, By Type, 2015-2024 (USD Million) Table 10 Access Control Market for Biometric Readers, By Type, 2015-2024 (Thousand Units) Table 11 Access Control Market for Biometric Readers, By Region, 2015-2024 (USD Million) Table 12 Access Control Market for Multi-Technology Readers, By Region, 2015-2024 (USD Million) Table 13 Access Control Market for Electronic Locks, By Type, 2015-2024 (USD Million) Table 14 Access Control Market for Electronic Locks, By Type, 2015-2024 (Thousand Units) Table 15 Access Control Market for Electronic Locks, By Region, 2015-2024 (USD Million) Table 16 Access Control Market for Controllers, By Type, 2015-2024 (USD Million) Table 17 Access Control Market for Controllers, By Region, 2015-2024 (USD Million) Table 18 Access Control Market for Other Hardware Components, By Region, 2015-2024 (USD Million) Table 19 Access Control Market, By Software Component, 2015-2024 (USD Million) Table 20 Access Control Market for Software Component, By Region, 2015-2024 (USD Million) Table 21 Access Control Market, By Service, 2015-2024 (USD Million) Table 22 Access Control Market for Services, By Region, 2015-2024 (USD Million) Table 23 Access Control Market for Installation & Integration Services, By Region, 2015-2024 (USD Million) Table 24 Access Control Market for Support & Maintenance Services, By Region, 2015-2024 (USD Million) Table 25 Access Control as a Service Market, By Service, 2015-2024 (USD Million) Table 26 Access Control as A Service Market, By Vertical, 2015-2024 (USD Million) Table 27 Access Control as A Service Market, By Region, 2015-2024 (USD Million) Table 28 Access Control as A Service Market for Hosted Services, By Region, 2015-2024 (USD Million) Table 29 Access Control as A Service Market for Managed Services, By Region, 2015-2024 (USD Million) Table 30 Access Control Market for Hybrid Services, By Region, 2015-2024 (USD Million) Table 31 Access Control Market, By Vertical, 2015-2024 (USD Million) Table 32 Access Control Market for Commercial Vertical, By Type, 2015-2024 (USD Million) Table 33 Access Control Market for Commercial Vertical, By Region, 2015-2024 (USD Million) Table 34 Access Control Market for Military & Defense Vertical, By Region, 2015-2024 (USD Million) Table 35 Access Control Market for Government Vertical, By Region, 2015-2024 (USD Million) Table 36 Access Control Market for Residential Vertical, By Region, 2015-2024 (USD Million) Table 37 Access Control Market for Education Vertical, By Region, 2015-2024 (USD Million) Table 38 Access Control Market for Healthcare Vertical, By Region, 2015-2024 (USD Million) Table 39 Access Control Market for Manufacturing & Industrial Vertical, By Region, 2015-2024 (USD Million) Table 40 Access Control Market for Transportation Vertical, By Region, 2015-2024 (USD Million) Table 41 Access Control Market, By Region, 2015-2024 (USD Million) Table 42 Access Control Market in North America, By Component and Service, 2015-2024 (USD Million) Table 43 Access Control Market in North America for Hardware, By Type, 2015-2024 (USD Million) Table 44 Access Control Market in North America for Services, By Type, 2015-2024 (USD Million) Table 45 Access Control Market in North America, By Vertical, 2015-2024 (USD Million) Table 46 Access Control Market in North America, By Country, 2015-2024 (USD Million) Table 47 Access Control Market in Europe, By Component and Service, 2015-2024 (USD Million) Table 48 Access Control Market in Europe for Hardware, By Type, 2015-2024 (USD Million) Table 49 Access Control Market in Europe for Services, By Type, 2015-2024 (USD Million) Table 50 Access Control Market in Europe, By Vertical, 2015-2024 (USD Million) Table 51 Access Control Market in Europe, By Country, 2015-2024 (USD Million) Table 52 Access Control Market in APAC, By Component and Service, 2015-2024 (USD Million) Table 53 Access Control Market in APAC for Hardware, By Type, 2015-2024 (USD Million) Table 54 Access Control Market in APAC for Services, By Type, 2015-2024 (USD Million) Table 55 Access Control Market in APAC, By Vertical, 2015-2024 (USD Million) Table 56 Access Control Market in APAC, By Country, 2015-2024 (USD Million) Table 57 Access Control Market in RoW, By Component and Service, 2015-2024 (USD Million) Table 58 Access Control Market in RoW for Hardware, By Type, 2015-2024 (USD Million) Table 59 Access Control Market in RoW for Services, By Type, 2015-2024 (USD Million) Table 60 Access Control Market in RoW, By Vertical, 2015-2024 (USD Million) Table 61 Access Control Market in RoW, By Region, 2015-2024 (USD Million) Table 62 Product Launches/Developments (2015-2018) Table 63 Mergers and Acquisitions (2015-2018) Table 64 Collaborations/Contracts/Agreements/Partnerships (2015-2018) Table 65 Expansions (2016-2018) List of Figures Figure 1 Access Control Market Segmentation Figure 2 Access Control as A Service Market Figure 3 Access Control Market: Research Design Figure 4 Market Size Estimation Methodology: Bottom-Up Approach Figure 5 Market Size Estimation Methodology: Top-Down Approach Figure 6 Assumptions for Research Study Figure 7 Access Control Market, 2015-2024 (USD Billion) Figure 8 Access Control Market, By Hardware Component (2018 vs 2024) Figure 9 Support and Maintenance Services Held Major Share of Access Control Market in 2018 Figure 10 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024 Figure 11 APAC Held Largest Share of Access Control Market in 2018 Figure 12 Growing Worldwide Demand for Security Solutions to Boost Access Control Market During Forecast Period Figure 13 Access Control Market for Software Components Expected to Grow at Highest CAGR From 2018 to 2024 Figure 14 Card-Based Readers to Hold Largest Share of Access Control Market By 2024 Figure 15 Commercial Vertical and US Accounted for Largest Shares of Access Control Market in North America in 2017 Figure 16 Access Control Market in China to Grow at Highest CAGR From 2018 to 2024 Figure 17 High Adoption of Access Control Solutions Owing to Increasing Crime Rates Driving Growth of Access Control Market Figure 18 Major Value Added By Original Equipment Manufacturers and Security and Management Software Providers Figure 19 Access Control Software Market Expected to Grow at Highest CAGR From 2018 to 2024 Figure 20 Card-Based Readers Expected to Lead Market From 2018 to 2024 Figure 21 Access Control Market for Smart Locks Expected to Grow at Highest CAGR From 2018 to 2024 Figure 22 Access Control Market for Support Maintenance Services to Grow at Higher CAGR From 2018 to 2024 Figure 23 ACaaS Market, 2015-2024 (USD Million) Figure 24 Hybrid ACaaS Market Expected to Grow at Highest CAGR From 2018 and 2024 Figure 25 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024 Figure 26 Access Control Market for Enterprises & Data Centers Expected to Grow at Highest CAGR From 2018 to 2024 Figure 27 Access Control Market for Manufacturing & Industrial Vertical in APAC to Grow at Highest CAGR From 2018 to 2024 Figure 28 Geographic Snapshot: Access Control Market in APAC Expected to Witness Highest CAGR From 2018 to 2024 Figure 29 North America to Dominate the Market During Forecast Period Figure 30 North America: Access Control Market Snapshot Figure 31 Europe: Access Control Market Snapshot Figure 32 APAC: Access Control Market Snapshot Figure 33 Companies Adopted Product Launches/Developments as Key Growth Strategies During 2015-2018 Figure 34 Assa Abloy AB (Sweden) Lead Access Control Market in 2017 Figure 35 Access Control Market (Global) Competitive Leadership Mapping, 2017 Figure 36 Evaluation Framework: Access Control Market Figure 37 Geographic Revenue Mix of Leading Players Figure 38 Assa Abloy AB: Company Snapshot Figure 39 Dormakaba Holding AG: Company Snapshot Figure 40 Johnson Controls International PLC: Company Snapshot Figure 41 Allegion PLC: Company Snapshot Figure 42 Honeywell International Inc.: Company Snapshot Figure 43 Identiv, Inc.: Company Snapshot Figure 44 Nedap N.V.: Company Snapshot Figure 45 Suprema Hq Inc. : Company Snapshot Figure 46 Gemalto N.V.: Company Snapshot
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