US Access Control Market 2021 Emerging Trends and Technology Advancement – Assa Abloy AB Group, - Allegion PLC, - Johnson Controls International PLC

US Access Control Market - Growth, Trends, and Forecasts (2020 - 2025)

The report will make detailed analysis mainly on in-depth research on the development environment, Market size, development trend, operation situation and future development trend of US Access Control Market on the basis of stating current situation of the industry in 2021.

This is a latest report, covering the current COVID-19 impact on the market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. It offers critical information pertaining to the current and future growth of the market.

The US Access Control Market is expected to grow at a CAGR of 10.7% during the forecast period (2020 - 2025).

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Competitive Landscape

Companies are focused on developing new marketing strategies and introducing new products based on value-added ingredients, to compete in the market. Some of the major companies in the US Access Control market are - Assa Abloy AB Group, - Allegion PLC, - Johnson Controls International PLC, - IDEMIA Identity & Security SAS, - dormakaba Holding AG, - United Technologies Corporation, - Schneider Electric SE, - Bosch Security System Inc., - Honeywell Security Group

Key Developments:

- Feb 2020 - ASSA ABLOY acquired Biosite, a leading solutions provider of biometric access control to the UK construction industry. The company will reinforce ASSA ABLOY's current offering within solutions for access control and will provide complementary growth opportunities.
- April 2019 - Honeywell highlighted its latest security and fire products at ISC West 2019 booth. Products, such as OmniAssure Touch, a new range of passive intent access control readers, are compatible with Honeywells existing security suites, including WINMAG, WIN-PAK, and Pro-Watch. Honeywell is highly focused on delivering life safety innovations that leverage connectivity to help create a smarter and safer world.

The need for effective and authorized access to physical and logical resources due to increasing instances of crime rates is one of the factors largely attributing to the growth of the US Access Control Market. The growth of the market is also propelled by technological advancements and deployment of wireless technology in security systems and the adoption of IoT-based security systems with cloud computing platforms. Presently, cloud-based access control and video management solutions are in trend. Each access card, fob controller, calendar permission, and technology upgrade is integrated via cloud security, so updating secure access changes are both mobile-friendly and globally scalable.
- Card-based readers are certified to be more secure than biometric readers and electronic locks. Smartcards are proven to be more authentic than magnetic stripes and proximity cards. The growing demand for smart and proximity cards to monitor and record employee activities is one of the drivers for the augmentation of smart card readers in the United States.
- The enactment of access control as a service (ACaaS), implementation of mobile-based access control, and growing urbanization in developing nations are anticipated to render substantial growth opportunities to market players.
- The commercial vertical is the biggest adopter of access control systems in the country. In this vertical, commercial premises such as banks and financial centers, enterprises and data centers, hotels, retail stores and malls, and entertainment areas have been considered.
- Most of the office premises in the United States have made it mandatory for their employees to have more than one access control method: one for entering the commerce or IT premise and one for accessing the particular office premise.
- While the adoption of access control solutions increases, the government is also taking an interest in protecting its assets. Governments across the US has installed time-based access to a particular commercial or public premise, and restricted entry to the general public at certain places.
- However, the market of access control is intensely competing concerning the strong need for security and privacy by various enterprises and residential users in the United States. However, due to less awareness among users about advanced security solutions and its usage in multiple applications, the growth of the market can be a challenge in the future.
- Shortly market may face possible challenges in the growth due to Connectivity, integrity, and manageability issues. However, the key players of the United States are putting regressive efforts to provide innovative offerings and benchmark strategies in the access control market.
- With the impact of the COVID-19, all enterprises will have to upgrade their access control system to non-touch technologies, like facial recognition coupled with temperature and mood sensing, to check if the employee entering the office premise is unwell. Most of the companies will invest in new-age non-contact entry control technologies to avoid contamination due to Coronavirus.
- COVID-19 is putting hard security threats between nations back into the spotlight. The geopolitical rivalry between the great powers is likely to worsen as the American and Chinese economies become less interdependent. The next tier of essential skills poses risks, as well.

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Key Market Trends: 

The Healthcare Sector to Hold the Major Market Share
- Security is a crucial concern for healthcare systems that contain sensitive data, like the Electronic Patient Record (EPR). Access control is at the heart of this concern. While healthcare personnel needs access to the right information at the right time to provide the best possible care, it is also essential to ensure patient privacy. In terms of end-user applications, the healthcare sector is anticipated to encourage technological transformation within the United States. Critical health information can be connected to a duplicate medical record or an inaccurate one. This changes the patient's safety and reputation of the hospital.
- The growing number of data breaches in the United States healthcare industry is giving rise to the adoption of biometric scan software. In 2018, Qualcomm Life, ForgeRock, Sparsa, Arm, Philips, and US TrustedCare announced that they had teamed together to establish OpenMedReady," a standards body converging on ensuring that the patient data used by healthcare practitioners is correct. They indicated smartphone-based fingerprint recognition is expected to be a fundamental element in their framework as a way of matching medical data directly to patients.
- Controlling the way to private health records is a significant way of intensifying the overall security of patient data. Therefore, assuring that only the certified and required personnel are granted access to sensitive data; thus, decreases the risks of data breaches and theft. Multi-factor authentication, which mandates users to confirm their identities through two or more validation methods, is among the most-recommended ways a healthcare sector can use.

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