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Access Control Market Projected to Reach US$ 18.89 Billion by 2030, Growing at a CAGR of 8.2%

01-21-2025 02:29 PM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Access Control Market

Access Control Market

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The global access control market is experiencing a significant transformation, driven by advancements in technology, increasing security concerns, and the adoption of smart solutions across various industries. The market, valued at $10.88 billion in 2023, is projected to grow at a CAGR of 8.2% from 2024 to 2030, reaching approximately $18.89 billion by the end of the forecast period. This press release provides an in-depth look into growth opportunities, trends, and recent developments in key regions such as Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam is witnessing rapid adoption of access control systems across sectors like manufacturing, banking, and healthcare. The government's initiatives to enhance infrastructure security and the rising number of smart city projects are key drivers. Recent mergers and acquisitions include Bold Technologies' partnership with local security providers to deliver innovative solutions tailored to Vietnam's unique market needs.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's access control market is fueled by the growing demand for cloud-based solutions and biometric systems. The hospitality and retail sectors are investing in advanced security to enhance customer safety. Notable developments include Honeywell International's collaboration with Thai firms to integrate IoT-enabled access control systems.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง'๐ฌ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

Japan, being a technology leader, is at the forefront of adopting AI-powered access control solutions. Companies like NEC Corporation and Fujitsu Limited are actively investing in R&D to develop advanced facial recognition systems. The surge in e-commerce has also driven the demand for secure warehouse access solutions.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's access control market is expanding rapidly, driven by its smart city initiatives and stringent government regulations on data security. Local giants like Hikvision and Dahua Technology dominate the market, focusing on integrating AI and IoT in their offerings. Recent consolidations include Hikvision's acquisition of smaller players to strengthen its foothold in emerging urban centers.

๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š'๐ฌ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

South Korea is leveraging its technological prowess to develop next-generation access control systems. The rise in demand for contactless biometric solutions post-pandemic has been a major trend. Companies such as Samsung SDS and LG CNS are driving innovation in this space. Recent collaborations between Hanwha Techwin and government agencies have boosted public infrastructure security.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's market is marked by consolidation as global players collaborate with local firms to meet the city-state's high-security standards. Johnson Controls International recently announced partnerships with Singaporean tech startups to introduce AI-driven access control systems in office buildings and industrial parks.

๐“๐จ ๐ฅ๐ž๐š๐ซ๐ง ๐ฆ๐จ๐ซ๐ž, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/

๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’ ๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ

The US leads the global market, with advanced technology adoption and strong demand in sectors like defense, banking, and healthcare. Companies such as Cisco Systems and Allegion plc are making significant advancements. Recent mergers include Allegion's acquisition of Vecna Robotics, focusing on automated access solutions.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's access control market is thriving, with increasing demand for cloud-based solutions and the integration of IoT in residential and commercial buildings. Key players like Siemens AG and ASSA ABLOY have been driving innovation. Recent developments include ASSA ABLOY's acquisition of local firms in Eastern Europe to expand its presence.

๐…๐จ๐ซ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐จ๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ, ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/market-report/global-access-control-market/27435/

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐›๐ฒ ๐‚๐จ๐ฆ๐ฉ๐จ๐ง๐ž๐ง๐ญ

Hardware Card-Based Readers
Biometric Readers
Electronic Locks
Controllers
Software

๐›๐ฒ ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž

Installation
Maintenance
Access Control as a Service

๐›๐ฒ ๐•๐ž๐ซ๐ญ๐ข๐œ๐š๐ฅ

Commercial
Military & Defense
Governmental
Residential
Education
Healthcare
Manufacturing and Industrial
Transportation
Others

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1. Assa Abloy AB
2. Dormakaba Holding AG
3. Allegion PLC
4. Johnson Controls International PLC
5. Honeywell Security Group
6. Identiv, Inc.
7. Nedap N.V.
8. Suprema HQ Inc.
9. Bosch Security Systems Inc.
10. Gemlato N.V.
11. Amag Technology, Inc.
12. Axis Communications AB
13. Gunnebo AB
14. NEC Corporation
15. Gallagher Group Limited
16. Adman Technologies Pvt. Ltd
17. Brivo, Inc.
18. Salto Systems S.L.
19. Ot-Morpho
20. IDEMIA
21. Thales Group
22. Gunnebo AB
23. Napco Security Technologies, Inc.
24. HID Global Corporation/ASSA ABLOY AB

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐–๐ก๐š๐ญ'๐ฌ ๐“๐ซ๐ž๐ง๐๐ข๐ง๐ :

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๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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