Access Control Market is accounted for USD 6.8 Billion in 2017 and is expected to reach USD 11.1 Billion by 2023 growing at a CAGR of 8.45% | Honeywell Security Group, Gallagher Group, Gemalto NV, Morpho SA, Samsung Techwin, 3M Cogent, NEC

Marketprognosis.com Publish a New Market Research Report On “Global Access Control Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Access Control Market:

Global Access Control Market was valued at USD 6.8 Billion in 2017, and is expected to reach a value of USD 11.1 Billion by 2023 at a CAGR of 8.45%, over the forecast period (2018-2023).

The scope of the report is limited to Type products offered by major a player which involves Hardware, Software, and Services. While the Verticals considered in the scope of the report include Commercial, Residential, Logistics & Retail, Government & Transportation, Industrial, Healthcare, Military and Defense.

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According to the FBI’s Internet Crime Complaint Center (IC3), the Business Email Compromise (BEC) scam saw an increase of 1,300% in identified exposed losses, totaling over USD 3 billion, since January 2015. Such losses could be better controlled through the use of access control software. According to the Association of Fraud Examiners in 2015 the amount of internal theft accounts for about 5% of annual revenue for companies. The implementation of access control systems contributes to the growth in the safety and security of office surroundings. Such identity theft of data has been increasing owing to which governments have been adopting the use of access control systems.

Residential Control Systems Are One Of The Prime Markets For Access Control Market; Modern society is increasingly seeking new ways to simplify their lives. The ultimate goal is to fit more activities into the same space of time but with the least exertion of physical energy. At the same time, the increasing theft attacks and enhanced insecurity in the society leads to the strong measures taken for security. An access control system has innovative features that keep homeowners safe and secure.

Regionally, The Unites States is expected to dominate the North America access control market throughout the forecast period; the country accounted for a major share of the market in 2018. Increase in crime rates, cyber-attacks and terrorist attacks are the major factors that are driving forward the United States access control market. The Homeland Security Council is using the United States Standard for Biometric Screening, which is a ten fingerprint scan. Fingerprints of visa applicants are collected at all United States Embassies and Consulates. The increasing demand for more secure solutions has resulted in technologically advanced security products.

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Major Key Players:

1 Honeywell Security Group

2 Amag Technology Inc.

3 ASSA Abloy AB Group

4 Gallagher Group Limited

5 Gemalto NV

6 Crossmatch Technologies Inc.

7 Morpho SA

8 Samsung Techwin

9 3M Cogent

10 NEC Corporation and More…………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Access Control Market.

Table of Contents:

1 Introduction

2 Executive Summary

3 Market Dynamics

4 Technology Snapshot

5 Global Access Control Market Segmentation and Forecast

6 Competitive Intelligence Company Profiles

7 Investment Analysis

8 Future of Global Access Control Market

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