Access Control And Authentication Market (COVID-19 Analysis) Benefits, Forthcoming Developments, Business Opportunities & Future Investments to 2027 | Meticulous Research Report
According to this latest publication from Meticulous Research®, the access control and authentication (ACA) market is expected to grow at a CAGR of 11.2% from 2020 to reach $22.7 billion by 2027. The growth in this market is majorly attributed to the factors such as increasing demand for high-level secured access control & authentication devices, growing security concerns, increasing strategic developments among players working in ACA market, and stringent government rules & regulations. In addition, growing acceptance of smart technologies, such as voice recognition, fingerprint recognition, face recognition, and smart cards and their high adoption rate in the security devices are also expected to support the growth of this market over the coming years. However, the factors such as high initial cost for the deployment of biometric access control system and impact of COVID-19 on the access control & authentication industry has created some serious challenges for the growth of this market.
Download Free PDF Sample Copy of the Report (with covid 19 Impact Analysis): https://www.meticulousresearch.com/download-sample-report/cp_id=5097
We provide crucial, accurate, and real time market data that helps these executives to take informed decisions and deliver maximum impact. We provide Research That Revolutionizes Your Business.
The global access control and authentication market study present historical market data (2018 & 2019), estimated current data (2020), and forecasts for 2027. The market is segmented on the basis of technology (biometrics, smart card, electronic locks & doors, magnetic strips, others), component (hardware, software, services), application (residential, commercial, government & public utilities, IT & telecom, BFSI, retail, military & defense, healthcare, manufacturing, hospitality, education), and geography. The study also evaluates industry competitors and analyzes the market at a country level.
Any Question | Speak to Analyst @ https://www.meticulousresearch.com/speak-to-analyst/cp_id=5097
Scope of the Report:
Access Control and Authentication Market by Technology
Electronics Locks & Doors
Access Control and Authentication Market by Component
Serial Access Controllers
IP Access Controllers
Support & Maintenance
Installation & Integration
Access Control and Authentication Market by Application
Residential & Commercial
Government & Public Sector
IT & Telecom
Military & Defense
Access Control and Authentication Market by Geography:
Rest of Europe
Rest of Asia-Pacific
Middle East and Africa
Get the PDF to understand the CORONA Virus/COVID19 impact and be smart in redefining business strategies: https://www.meticulousresearch.com/request-sample-report/cp_id=5097
Based on technology, the ACA market is segmented into biometrics, smart card, electronic locks & doors, magnetic stripe, and others. Among these, the biometric technology segment is estimated to account for the largest share of the overall access control and authentication market in 2020, as well as projected to grow with the fastest CAGR during the forecast period. The large share of this segment is mainly attributed to the increasing adoption of biometric authentication devices, rapid technological advancements, rising acceptance & demand for access control system, and increasing investment in biometric technology. In addition, growing need for contactless biometric access control & authentication devices owing to COVID-19 pandemic is also encouraging the demand for biometric authentication devices and ultimately contributing to the rapid growth of the access control and authentication market.
Based on component, the ACA market is segmented into hardware, software, and services. The hardware segment is estimated to account for the largest share of the overall access control and authentication market in 2020, owing to the factors such as increasing adoption of access control hardware, advancements in promising technologies and their integration with access control devices, and increasing demand for high-level security. However, the services segment is expected to grow with the fastest growth rate over the coming years.
Based on application, the ACA market is segmented into residential & commercial, government & public sector, BFSI, IT & Telecom, retail, healthcare, military & defense, manufacturing, hospitality, education, and others. The residential & commercial sector is estimated to account for the largest share of the overall access control and authentication market in 2020, as well as projected to grow with the fastest CAGR during the forecast period. The large share of this segment is mainly attributed to the factors such as rapidly increasing urbanization, growing demand for high-quality security devices coupled with the growing awareness, increasing investment in smart city initiatives, and growing network infrastructure.
Purchase This Report (Price 3757 USD for single user license) : https://www.meticulousresearch.com/Checkout/81884359
Geographically, the ACA market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East &Africa. The Asia Pacific region is estimated to account for the largest share of the global access control and authentication market in 2020. The large share of this region is mainly attributed to the presence of major players along with several emerging startups; technological advancements along with high adoption of modern technologies; technological transition of different manufacturing and services industries; and high economic growth rate in the region. Moreover, high demand for ACA products & applications due to the increasing government investments for security infrastructure, particularly for BFSI and healthcare industry, is also expected to support the fastest growth of the access control and authentication technologies market in the APAC region over the forecast period.
The key players operating in the global access control and authentication market are Bosch Security and Safety Systems (U.S.), Panasonic Corporation (Japan), Gemalto N.V. (Netherlands), Honeywell Commercial Security (U.S.), Axis Communications AB (Sweden), Genetec Inc. (Canada), Identiv, Inc. (U.S.), Suprema, Inc. (Republic of Korea), Zhejiang Dahua Technology Co. Ltd. (China), NEC Corporation (Japan), ASSA ABLOY (Sweden), AMAG Technology, Inc. (U.S.), Johnson Controls International Plc (Ireland), and Sensory, Inc. (U.S.), among others.
Enquire Here for, Report Enquire, Discount and Customization: https://www.meticulousresearch.com/enquire-before-buying/cp_id=5097
Key questions answered in the report-
Which are the high growth market segments in terms of technology, component, application, and countries?
What was the historical market for access control and authentication across the globe?
What are the market forecasts and estimates for the period 2020-2027?
What are the major drivers, restraints, opportunities, and trend in the global access control and authentication market?
Who are the major players and their share in the global access control and authentication market?
How is the competitive landscape in the global access control and authentication market?
What are the recent developments in the global access control and authentication market?
What are the different strategies adopted by the major players in the global access control and authentication market?
What are the key geographic trends and which are the high growth countries?
Contact Sales- +1-646-781-8004
Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research
Connect with us on Twitter- https://twitter.com/MeticulousR123
Office No-202, 203,204,205,206;
2nd Floor, Pushpak Business Hub,
Meticulous Research was founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, with the help of its unique research methodologies, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Access Control And Authentication Market (COVID-19 Analysis) Benefits, Forthcoming Developments, Business Opportunities & Future Investments to 2027 | Meticulous Research Report here
News-ID: 2251516 • Views: 154
More Releases from Meticulous Research®
The global Nutraceutical Ingredients Market is expected to grow at a CAGR of 7.8 …
Meticulous Research®– leading global market research company published a research report titled “Nutraceutical Ingredients Market by Product Type (Vitamins, Amino Acids, Probiotic, Minerals), Derivation Method (Natural, Synthetic), Form, Application (Dietary Supplements, Infant & Maternal Nutrition), End User, and Geography – Global Forecast to 2025”. According to this latest publication from Meticulous Research®, the global Nutraceutical Ingredients Market is expected to grow at a CAGR of 7.8% from 2019 to reach $57.5
Dental Materials Market Professional Survey by Manufacturers, Share, Growth, Tre …
The Dental materials market will grow at a CAGR of 7.2% during the forecast period to reach USD 7,245.5 million by 2022, according to this latest publication from Meticulous Research. The growth of this market is mainly attributed to the rising geriatric and edentulous population, growing dental tourism for advanced dental solutions, increasing disposable incomes in the developing countries, growing dental clinics with advanced dental treatments, and increasing demand of
Digital Signage Market Experiences a Noticeable Growth with $19.44 Billion by 20 …
According to a new market research report titled, “Digital Signage Market by Product Type (Videowall, Kiosk, Menu boards & Billboards) by Component (Hardware (Display (LCD, LED & OLED)), Services), by Application, by Industry Vertical (Retail, Hospitality, Entertainment, Transportation, Corporate, Healthcare) – Global Forecast to 2027” the digital signage market is expected to grow at a CAGR of 6.4% from 2019 to 2027 to reach $26.3 billion by 2027. Download Free Sample
Automotive Iot Market (Based on 2020 COVID-19 Worldwide Spread) Industry Analysi …
Meticulous Research® – leading global market research company published a research report titled “Automotive IoT Market by Platform (Data Management), Component (Sensor, GPS, Bluetooth, Wi-Fi), Data Converter (ADC), Connectivity (Embedded), End User (OEM), Application (ADAS, Fleet Management, Infotainment) – Global Forecast to 2025. We provide crucial, accurate, and real time market data that helps these executives to take informed decisions and deliver maximum impact. We provide Research That Revolutionizes Your Business According
More Releases for Control
Microgrid Control System Market
Microgrid Control System Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. Get Exclusive FREE Sample Copy Of this Report @ https://www.upmarketresearch.com/home/requested_sample/107776 UpMarketResearch offers a latest published report on “Global Microgrid Control System Market Analysis and Forecast 2019 - 2025” delivering key insights and providing a competitive
Global Control Valve Market
Global Control Valve Market is segmented by type, by components, application, and by region. In terms of type, Ball Valve, Butterfly Valve, Globe Valve, Cryogenic Valve. For More information visit:https://www.maximizemarketresearch.com/market-report/global-control-valve-market/17135/ Switches, Actuator, Transducer are the components segment of the Control Valve market. Chemical, Pharmaceutical, Automotive, Oil & Gas, Metal & Mining are application segment of Control Valve market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa, and Latin
Termite Control Market
Major Players in the Global Termite Control Market Key players are adopting various strategies such as mergers and acquisitions, joint ventures, partnerships, and product innovations to ensure their long-term sustenance in this market. In 2017, Arrow Exterminating Company, Inc. acquired Bugmaster Exterminators—U.S.-based company that specializes in commercial and residential termite control—to expand its presence in residential and commercial sectors by offering a full line of service. Some of the key players in
Meeting Control System Market -
With proliferation of context-awareness and Internet of Things (IoT) technologies, it has become possible to connect people and devices seamlessly. Meeting control system makes such connections easier with the help of technology. The meeting control system market comprises control systems for lights, screens, projectors, HVAC, audio video systems, etc. for use in meeting rooms. Multi-screen presentations, video conferencing, wireless collaboration & presentation solutions, device mirroring, and real-time team editing are
Standalone Access Control Solution
Entry/exit within premises is generally a major challenge of an organization’s overall security strategy. To manage access of specific zones in a single location requires a standalone access control solution. For small and medium business organizations, Matrix has developed COSEC PANEL LITE (site controller), which works independently without requiring a server for Access Control application. All Matrix COSEC biometric and RFID Card based door controllers are connected to the site
Infection Prevention and Control
Infection control products and accessories aids in the prevention and control of hospital associated & other healthcare infections. These products range from disinfectants to sterilization equipment used in the healthcare settings. Infections needs to be controlled while injecting the drugs, during the surgery and hospital stay of a patient. In addition, infection control and preventive measures aid to avoid the most common hospital infections among the healthcare staff. Get Free 10