Press release
EAC System Market Will Amass $31.2 Billion by 2019
Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems. Among which Electronic Access Control system stands apart from other security system. Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concerns for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Rising terrorist attacks, vandalism, and violence in public places such as city centers and educational institutions are some of the factors leading to increasing demand for Electronic Access Control systems market. According to Study of Terrorism and Responses to Terrorism (START), one of the world’s top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.
Request to view table of content @ http://www.persistencemarketresearch.com/market-research/electronic-access-control-systems-market/toc
Increasing international trade and privatization have influenced the government and private sector to invest in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are expected to increase in the coming future increasing the demand for EAC system market in order to attain better security levels. Local and national government have instructed the private sector to invest in security systems for the prevention of population and property from illegal acts. Mobile device with advanced sensor technologies is currently generating a shift toward biometrics system. EAC system is bifurcated into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system) and end-user segment (government, commercial, industrial and residential).
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/2885
The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013.
Buy Now: You can now buy a single user license of the report @ http://www.persistencemarketresearch.com/checkout/2885
The final report customized as per your specific requirement will be sent to your e-mail id within 7-20 days, depending on the scope of the report.
For more information, please e-mail us at sales@persistencemarketresearch.com
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
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 EAC System Market Will Amass $31.2 Billion by 2019 here
News-ID: 476243 • Views: …
More Releases from Persistence Market Research
Power Bank Industry Forecasted to Grow at 7.4% CAGR, Surpassing USD 20.6 Billion …
Overview of the Market
The global power bank market is witnessing robust growth, driven by the increasing dependence on smartphones, tablets, and other mobile devices. In 2025, the market is expected to be valued at US$12.4 billion, with projections indicating a rise to US$20.6 billion by 2032, recording a CAGR of 7.4% during the forecast period. The demand for multi-functional and wireless power banks, such as Ambrane's AeroSync Quad and Xiaomi's…
Global Bicycle Market Set for Expansion as Key Players Like Giant, Trek, and Mer …
The global bicycle market is witnessing significant growth as cities worldwide embrace sustainability, health, and efficient mobility solutions. According to Persistence Market Research, the market is valued at US$ 123.9 Bn in 2025 and is projected to expand at a steady CAGR of 4.8%, reaching US$ 171.5 Bn by 2032. Urban infrastructure and government initiatives are reshaping the way bicycles are integrated into daily life. With the rapid expansion of…
Global Bicycle Accessories Market: Size, Shares, and Growth Outlook 2025-2032 Fe …
The global bicycle accessories market is witnessing a significant surge in demand, fueled by growing health consciousness, eco-friendly mobility adoption, and the rising popularity of cycling as both a sport and a sustainable transport option. According to Persistence Market Research, the market is projected to increase from US$ 18.4 Bn in 2025 to US$ 29 Bn by 2032, advancing at a CAGR of 6.7% during 2025-2032. This robust growth reflects…
Global Tugboat Market Size to Increase from USD 2.99 Bn in 2025 to USD 4.18 Bn b …
In the heart of the maritime industry, tugboats play a pivotal role in ensuring the smooth operation of ports, harbors, and shipping channels. Often regarded as the workhorses of marine logistics, tugboats are responsible for maneuvering vessels of all sizes, including tankers, bulk carriers, and container ships, into docks or through narrow passages. While their traditional image has been one of raw power and utility, the global tugboat market is…
More Releases for EAC
EAC Systems Market to Surpass US$ 31.2 Billion in 2019
Persistence Market Research Released New Market Report on “Global Market Study on Electronic Access Control (EAC) Systems: Biometric Systems to Witness Highest Growth by 2019,” the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks…
EAC Systems Market Worth $31.2 Billion in 2019 : PMR
The global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.
Increasing crime and terror attacks demand high-end security. Need for better security systems to tackle fraudulence, illegal immigration, and criminal activity has propelled governments to invest in better security systems.…
EAC Systems Market Growing at 12.6% CAGR by 2019
The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest…
Achieving EAC Certification
Exporters of electrical and electronic products to member-states of the Eurasian Economic Union (EAEU) must meet new technical regulations (TR) known as either TR CU, or TR EAC. SGS is helping organizations to achieve EAC Certification.
The Customs Union (CU) of the EAEU (which includes Russia, Belarus, Kazakhstan, Armenia and Kyrgyzstan) was formed in 2010. It is now harmonizing existing national standards (GOST-R, TR Russian Federation, ST-B (BLR) and GOST-K) for…
EAC Network Receives $50,000 from Newsday Charities
Newsday Charities, a McCormick Foundation Fund presented EAC Network's Long Island Parenting Institute (LIPI) with a $50,000 grant.
Paul Fleishman, Vice President of Public Affairs, and Dale Cole, Community Affairs Project Manager, both of Newsday, toured the LIPI facility in Central Islip on January 10th to learn more about the intricacies of parenting education.
Children who are abused or neglected are at a greater risk for low self-esteem, increased aggression, and…
MSC Recognizes EAC Network at Breakfast of Champions
EAC Network received a Certificate of Appreciation from MSC at their second annual Breakfast of Champions event, which recognizes the Long Island company’s local nonprofit partners.
MSC is a leading North American distributor of maintenance, repair, and operations products and services based in Melville, NY. The company has built strong partnerships with local and national nonprofit organizations throughout its 75-year history.
MSC has supported EAC Network significantly through funding since…
