Press release
Global Access Control Market Size - Forecast to 2026
According to a new market research report published by Global Market Estimates, the Global Access Control Market is projected to grow from USD 8.8 billion in 2021 and is expected to reach USD 13.5 billion by 2026 at a CAGR of 8.9% from 2021 to 2026.During the forecast period, factors such as growing demand for access control systems in military and commercial sectors and the emergence of advanced technologies such as smart card cards and facial recognition software are expected to drive the market.
Browse 151 Market Data Tables and 111 Figures spread through 181 Pages and in-depth TOC on “Global Access Control Market - Forecast to 2026” https://www.globalmarketestimates.com/market-report/access-control-market-3605
By Type (Mandatory Access Control (MAC), Discretionary Access Control (DAC), Role-based Access Control (RBAC), Touchless Access Control [Smartphone-Based Access Control, Touchless Switches, Facial Recognition Devices, and Bluetooth Access Control]), By Offering (Hardware [Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Controllers, Others], Software [Visitor Management System, Database and software Tools], Services [Installation & Integration Services, Support & Maintenance Services]), By Vertical (Commercial [Enterprises & Data Centers, BFSI, Hotels, Stadiums, & Amusement Parks, Retail Stores and Malls], Military & Defense, Government, Residential, Education, Healthcare, Manufacturing & Industrial, Transportation), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East and Africa), Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• The growing incidence of crime and terrorist activity in public and commercial establishments, the threat of unauthorized access to sensitive information, and the need to control crowds are some of the major drivers of the access control market
• As per the type outlook, the market for discretionary access control (DAC) segment is expected to have the largest share. The growth might be attributed to the fact that DAC makes it easier to manage data and rights.
• The biometric reader segment as per the offering outlook is estimated to have the largest share in the market as biometric techniques facilitate controlled access without the need for cards or passwords
• Due to the growing demand for software solutions, Asia Pacific is expected to see significant market expansion during the forecast period as per the regional outlook.
• Johnson Controls, ASSA ABLOY, Dormakaba Group, Honeywell International Inc., Thales Group, Identiv, Inc., SUPREMA, IDEMIA, Napco Security Technologies, Inc., NEC Corporation, Allegion plc, among others are the top players in the access control market.
Browse the Report @ https://www.globalmarketestimates.com/market-report/access-control-market-3605
Type Outlook (Revenue, USD Billion, 2021-2026)
• Mandatory Access Control (MAC)
• Discretionary Access Control (DAC)
• Role-based Access Control (RBAC)
• Touchless Access Control
o Smartphone-Based Access Control
o Touchless Switches
o Facial Recognition Devices
o Bluetooth Access Control
Offering Outlook (Revenue, USD Billion, 2021-2026)
• Hardware
o Card-based Readers
o Biometric Readers
o Multi-technology Readers
o Electronic Locks
o Controllers
o Others
• Software
o Visitor Management System
o Database
o Software Tools
• Services
o Installation & Integration Services
o Support & Maintenance Services
Vertical Outlook (Revenue, USD Billion, 2021-2026)
• Commercial
o Enterprises & Data Centers
o BFSI
o Hotels
o Stadiums
o Amusement Parks
o Retail Stores
o Malls
• Military & Defense
• Government
• Residential
• Education
• Healthcare
• Manufacturing & Industrial
• Transportation
Regional Outlook (Revenue, USD Billion, 2021-2026)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +16026667238
Website: https://www.globalmarketestimates.com
Check our Latest Blogs: https://www.globalmarketestimates.com/blog-posts.php
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Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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