Rising Popularity Of Bring Your Own Device Policy Propels Global Access Control Market

A new research report, titled “Global Access Control Market 2016-2020,” has been added to MarketResearchReports.biz. The researchers have compiled this report by using primary and secondary research methodologies. It also includes SWOT analysis to highlight the strengths, weaknesses, opportunities, and threats challenging the various segments of the global access control market. To explain the exact status of the market, researchers have used Porter’s five forces analysis. This market measurement tool highlights the threat of new entrants, the bargaining power of customers, the threat of substitute products or services, the intensity of competitive rivalry, and the bargaining power of suppliers. The report also analyzes the historical data and compares it with the current market situation in the global access control market to map the trajectory of this market for the near future.

As the number of personal devices and mobile devices is increasing for the purpose of browsing, corporate data access, browsing, using applications, and social networking, it has opened up a huge opportunity for hackers to get into these systems for malicious reasons. Once the system is hacked to acquire the desired information, it leaves an irreparable and disastrous effect in its wake. Access Control as a Service or ACaaS offers solutions to protect mobile devices from online identity theft, viruses, malware, data theft, spyware, unauthorized access, accidental data loss, and hacking attempts. These solutions allow the user to access corporate information on given mobile devices through an identity-based access system from any location. Owing to these reasons, several enterprises are using ACaaS to secure critical data and information. A single sign-on (SSO) password is the only requirement for getting into systems that employ these solutions.

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According to analysts, the global ACaaS market is expected to rise at a CAGR of 24.58% during the forecast period between 2016 and 2020. The global access control market has been segmented on the basis of application into network ACaaS and data ACaaS. The research analysts state that rising adoption of bring your own device policies in several enterprises is likely to accelerate the demand for access control solutions in various industry verticals. However, this market will be challenged by concerns over data security.

Some of the key players profiled in the global access control market research report are Kastle Systems, Cisco, IBM, Symantec, Brivo, Microsoft, Centrify, Digital Hands, Datawatch Systems, Forcefield Systems, Gemalto, and Keyscan. The research report profiles these players and provides a fair assessment of the competitive landscape of the global access control market. Furthermore, the research report also explains the regulatory framework governing the trajectory of this market, the financial overview, research and development strategies, product portfolio, investment outlook, joint ventures, and strategic mergers and acquisitions of these top players for the coming few years.

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