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Access Control As A Service Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
The Access Control As A Service Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Projected Growth of the Access Control As A Service Market?
The market size for access control as a service has seen a swift expansion in the past few years. Projected to expand from $1.36 billion in 2024 to $1.54 billion in 2025, it is set to experience a compound annual growth rate (CAGR) of 13.1%. The increase during the historical period is primarily due to factors such as user-centered solutions, adoption of interoperability and open standards, advancements in cybersecurity, shift towards subscription-based models, and the necessity for remote management.
Expectations are high for the access control as a service market, with forecasts projecting a swift surge in growth over the coming years. By 2029, the market is predicted to reach a value of $2.8 billion, signifying a compound annual growth rate (CAGR) of 16.2%. This predicted expansion within the forecast period is primarily due to a combination of factors such as interoperability and standardization, superior mobile access solutions, a move towards subscription models, heightened cybersecurity concerns, and a surge in demand for remote access solutions. The forecast period is also set to witness a development in trends such as cloud-based solutions, integration with IoT and AI, mobile access, remote management demand, and a shift towards subscription models.
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What Are the Different Access Control As A Service Market Segments?
The access control as a service market covered in this report is segmented -
1) By Services: Managed Services, Hosted Service, Hybrid Service, Other Services
2) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
3) By End-Users: Pharmaceuticals And Healthcare, Government, Education, Health Care, Retail, Transportation, Other End-Users
Subsegments:
1) By Managed Services: User Management, Policy Management, Compliance Management
2) By Hosted Service: Cloud-Based Solutions, On-Premises Solutions
3) By Hybrid Service: Combination Of Cloud And On-Premises, Flexible Deployment Options
4) By Other Services: Integration Services, Consulting Services, Support And Maintenance Services
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What Are the Primary Drivers Shaping the Access Control As A Service Market?
The anticipated growth of the access control as a service market is being propelled by escalating security concerns. These concerns encompass activities based on computer or network information that pose potential risks to the security, integrity, or privacy of electronic control units' networks, computers linked to the network, and their data. Individuals using these resources may also be subjected to threats, identity misrepresentations, or harassment as a result of such security concerns. Access control, a vital element in data security, stipulates who has the rights to access and use business resources and information. It implements rules through authentication and permission, validating users' identity, and their allowance to access company data. For example, data released by Checkpoint, an Israeli IT security product provider, revealed a 38% surge in global cyberattacks in 2022 relative to 2021. Also, the ESET Threat Report T2 2021 noted a 7.3% rise in email-based attacks from May to August 2021, mostly involving phishing campaigns designed by cybercriminals to steal financial assets. Therefore, these escalating security fears are fuelling the demand for access control as a service market.
Which Companies Are Leading in the Access Control As A Service Market?
Major companies operating in the access control as a service market include Digital Hands, Microsoft Corporation, Brivo Inc., Centrify Corporation, Oracle Corporation, Spica International d.o.o., Vanderbilt Industries GmbH, dormakaba Holding AG, Feenics Inc., Fleming Companies Inc., Honeywell International Inc., IBM Corporation, Johnson Controls International Plc., Kastle Systems, Kisi Inc., M3T Corporation, Honeywell Security Group, Allegion Plc., NEC Corporation, Identiv Inc., Bosch Security Systems Inc., Amazon Web Services, Cisco Systems Inc., Stanley Access Technologies, Ping Identity Corporation, Thales Group, Assa Abloy AB, AMAG Technology Inc., Cloudastructure Inc., Protection1 Security Solutions LLC
What Are the Major Trends Shaping the Access Control As A Service Market?
The emergence of technological innovations is a notable trend gaining traction in the access control as a service marketplace. The primary companies engaged in this market are committed to shaping innovative technologies to enhance their competitive standing. For example, in December 2022, PlainID, a US-based firm specialising in authorization and policy-based access control, rolled out its PlainID Technology Network. This platform, which was created alongside PlainID partners, introduces PlainID's pioneering technology on a global scale, assisting organizations in securely modifying authorization and access control. The overarching objective of the PlainID Technology Network is to augment integration with pivotal adjacent technologies, facilitating identity-aware security across all segments of the business technology stack.
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What Are the Top Revenue-Generating Geographies in the Access Control As A Service Market?
North America was the largest region in the access control as a service market in 2024. The regions covered in the access control as a service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Access Control As A Service Market?
2. What is the CAGR expected in the Access Control As A Service Market?
3. What Are the Key Innovations Transforming the Access Control As A Service Industry?
4. Which Region Is Leading the Access Control As A Service Market?
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