Press release
Access Control Market Projected to Reach US$ 18.89 Billion by 2030, Growing at a CAGR of 8.2%
Access Control Market
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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
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.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
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.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง'๐ฌ ๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ก๐ข๐ง๐
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.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐'๐ฌ ๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
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.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/27435/
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐ ๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ
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.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
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 ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-access-control-market/27435/
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐จ๐ฆ๐ฉ๐จ๐ง๐๐ง๐ญ
Hardware Card-Based Readers
Biometric Readers
Electronic Locks
Controllers
Software
๐๐ฒ ๐๐๐ซ๐ฏ๐ข๐๐
Installation
Maintenance
Access Control as a Service
๐๐ฒ ๐๐๐ซ๐ญ๐ข๐๐๐ฅ
Commercial
Military & Defense
Governmental
Residential
Education
Healthcare
Manufacturing and Industrial
Transportation
Others
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
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