Press release
2025-2034 Access Control Market Evolution: Disruptions, Innovations, and Untapped Opportunities
Access Control
What Is the Expected CAGR for the Access Control Market Through 2025?
In recent years, the access control market has seen a swift expansion. It's expected to rise from $13.69 billion in 2024 to $15.07 billion in 2025, at a compound annual growth rate (CAGR) of 10.1%. The significant growth during the historical period is due to the heightened use of mobile access control systems and government expenditures to curb the rising occurrences of cyber-attacks.
What's the Projected Size of the Global Access Control Market by 2029?
The market for access control is predicted to experience a significant surge in the coming years, with a valuation projected to reach $26.43 billion by 2029, growing at a compound annual growth rate (CAGR) of 15.1%. The forecasted expansion over this period can be ascribed to the rising number of smart homes, increased implementation of access control systems in the hospitality industry, and a surge in data security infringements. Prominent trends during this period include the emphasis on the deployment of cloud-based access control mechanisms for market expansion, the initiation of mobile-based access control solutions to maintain market standing, working in harmony with hotel partners to digitize guest keys for effortless access and to offer AI facial identification, focusing on unveiling biometric access control systems to enhance product range, and concentrating on launching groundbreaking products in the access control market to fortify their product catalogue.
View the full report here:
https://www.thebusinessresearchcompany.com/report/access-control-global-market-report
Top Growth Drivers in the Access Control Industry: What's Accelerating the Market?
The anticipated increase in smart homes is predicted to boost the access control market during the forecast period. Smart homes, defined as homes equipped with IoT devices for the remote operation and supervision of appliances and systems, utilize access control for both home security and automation. The surge in smart homes is subsequently leading to a demand for integrative access control systems which can be operated from afar. For example, according to CITyFiED, a project in Spain financed by the Seventh Program of the European Union, estimates indicate that the total of smart homes in Europe will reach 84 million by 2022. Key contributors to this surge are Germany, the UK, and France. Notably, it is foreseen that the UK smart home penetration rate will reach 63% by 2025. Consequently, the rise in the number of smart homes is expected to be a significant factor propelling the growth of the access control market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7033&type=smp
What Trends Will Shape the Access Control Market Through 2029 and Beyond?
Leading firms in the access control market are prioritizing the advancement of technology, specifically smart access control solutions, to optimize security measures, simplify user management and integrate flawlessly with other security systems. These smart access control solutions employ cutting-edge technology to amplify security and smooth out access management. For example, in January 2024, Janam Technologies, an American firm known for its rugged mobile computers and contactless access solutions, unveiled the GTX mobile entry pedestal. This innovative smart access control solution is designed to offer a versatile and budget-friendly method for locations to manage entry using advanced barcode scanning. The primary highlights of this product are its lightweight design, superior battery management, and compatibility with mobile ticketing platforms.
What Are the Main Segments in the Access Control Market?
The access control market covered in this report is segmented -
1) By Type: Card Based, Biometric Based
2) By Vertical: Commercial, Military And Défense, Government, Residential, Education, Healthcare And Others, Manufacturing And Industrial, Transportation, Hospitality
3) By Deployment Model: Cloud, On-Premises
Subsegments:
1) By Card-Based: Magnetic Stripe Cards, Proximity Cards, Smart Cards, RFID Cards
2) By Biometric-Based: Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Hand Geometry Recognition
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7033&type=smp
Which Top Companies are Driving Growth in the Access Control Market?
Major companies operating in the access control market include Honeywell International Inc, Robert Bosch GmbH, Assa Abloy AB, Johnson Controls International Inc, Thales Group, Allegion PLC, Hanwha Techwin Co. Ltd, Schneider Electric SE, NEC Corporation, IDEMIA, Matrix comsec, SecurAX Tech Solutions Pvt Ltd, AMAG Technology Inc, CloudWalk Technology Co Ltd, Shenzhen IntelliFusion Technology Co Ltd, NetPosa Technologies Ltd, Hid Global, Gallagher Security (Europe) Ltd, Vanderbilt Industries, Dahua Technology Ltd, British Security Industry Association (BSIA), Fermax Electronica SAU, Delta Scientific Corporation, Userful Corporation, Anviz Global Inc, Vicon Industries, Hikvision, Cloudkeyz, ButterflyMX, Security Enhancement Systems, Openpath, Genea, Sequr Inc, Acura, Agility Technologies Corp (ATC), Wolpac, Absolute Integrated Electronic Solutions, Adax, Aflak Electronics Industries Co, Al Aqili Future Technologies, AI Kawther General Trading, Al Nahr Company for Security Solutions, AL Smari Trading, Ametrad Technology Services Co, Biosec Solutions, BIO-key, BioRugged (Pty) Ltd
Which Regions Will Dominate the Access Control Market Through 2029?
Asia-Pacific was the largest region in the access control market in 2024 and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the access control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7033
This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
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 2025-2034 Access Control Market Evolution: Disruptions, Innovations, and Untapped Opportunities here
News-ID: 4108180 • Views: …
More Releases from The Business Research Company
Competitive Landscape: Leading Companies and New Entrants in the Bionematicides …
The bionematicides market is set for impressive growth over the coming years, driven by increasing environmental awareness and advancements in agricultural technologies. This expanding sector is gaining recognition for its sustainable approach to crop protection, supporting healthy soil ecosystems and offering effective pest management without harmful residues. Let's explore the current market size, key players, emerging trends, and the different segments shaping this promising industry.
Bionematicides Market Size and Projected Growth…
Future Perspective: Key Trends Shaping the Biochar Fertilizer Market up to 2030
The biochar fertilizer market is attracting increasing attention as sustainable agricultural practices gain momentum worldwide. With a focus on enhancing soil health and reducing environmental impact, this sector is positioned for significant expansion over the coming years. Let's explore the latest projections, key players, prevailing trends, and market segmentation in detail.
Projected Growth Trajectory of the Biochar Fertilizer Market Through 2030
The biochar fertilizer market is expected to experience solid expansion…
Worldwide Trends Overview: The Rapid Evolution of the Autonomous Farm-To-Store D …
The autonomous farm-to-store delivery display market is on the verge of remarkable expansion, driven by rapid advancements in delivery technologies and the increasing demand for fresh produce transparency. This sector is evolving swiftly as innovations enhance the efficiency and sustainability of supply chains, offering promising opportunities for stakeholders. Below, we explore the market size, key players, influential trends, and segmentation that shape this dynamic industry.
Autonomous Farm-To-Store Delivery Display Market Growth…
Aquaponics Market Overview, Key Trends, and Major Player Analysis
The aquaponics industry is on the verge of significant growth as it gains attention for its sustainability and innovative farming practices. This sector merges aquaculture and hydroponics to cultivate fish and plants in a symbiotic environment, meeting rising consumer demand for organic and locally sourced produce. Let's explore the market's size, key contributors, emerging trends, and the main segments shaping its future.
Projected Growth and Market Size of the Aquaponics Industry…
More Releases for Control
Top distributors of Access Control & Entrance Control Solutions
FOR IMMEDIATE RELEASE
CDN Technology Delivers Advanced Security and Workforce Solutions to Leading Enterprises in India
India - CDN Technology, (https://www.cdntechnology.co/) a trusted provider of access control, attendance, and security solutions, is strengthening India's enterprise and institutional security infrastructure with cutting-edge products and robust service delivery.
Specialising in biometric and AI-based face recognition attendance machines, access control systems, boom barriers (https://www.cdntechnology.co/products/boom-barrier), flap barriers, turnstiles, door frame metal detectors, and baggage scanners, CDN Technology…
Taking Control: Automotive Seat Control Modules Market Innovations
According to the recent findings by Persistence Market Research, sales of automotive seat control modules are anticipated to reach a value of US$ 8.95 Billion in 2022 with consistent long-term projections for the market. According to the report, the market will expand at 5.3% CAGR from 2022 to 2032. Automotive seat control modules are seeing increasing sales as customers demand more comfortable seats and various automobile interior accessories.
Integrated systems that…
Insect pest control Market Demand, Overview, Size, Trend, and Cleankill Pest Con …
Global Insect pest control report from Global Insight Services is the single authoritative source of intelligence on Insect pest control market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product…
Global Control Valves Market | Control Valves Industry | Covid-19 Impact Global …
Control valves refer to valves used in process industries to regulate process variables, such as flow, pressure, temperature, and fluid level in process industries including water management, chemicals, oil & gas, power generation, pharmaceuticals, automotive, mining, and food & beverages. These valves play a vital role in mounting efficiency, safety, and profitability of these process industries. Moreover, manufacturers of control valves are continually engaged in research & development (R&D) activities…
Turbine Control System Market Report 2018: Segmentation by Component (Sensors, H …
Global Turbine Control System market research report provides company profile for ABB (Switzerland), Siemens (Germany), Honeywell (US), Emerson (US), GE (US) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides…
Global Acoustic Control System Market 2017 Acoustic Control, Oceaneering Interna …
Global Acoustic Control System sales will reach about 1011 billion USD in 2017 from 875 billion USD in 2012 all around the world, with the CAGR of 2.62%. The Leading growing markets are China, Southeast Asia, etc. USA, EU, Oceania, India, etc. is the mature market with low growth rate.
Global Acoustic Control System Market Size, Status and Forecast 2022 provides Market information about Manufacturers, Countries, Type and Application.This Acoustic Control…
