Press release
Wireless Access Control Market Segments by Size, Share and Region - Global Forecast to 2025
Wireless technology has become one of the most commonly deployed technology. It is now observed as a standard tool that the integrators can deploy in a variety of environment and applications. Wireless access control systems use cutting-edge-technology that allows the end users to access to their facilities from VPN-connected machines, remote work stations or via a central networked computer. These wireless systems uses radio frequency technology to communicate in real time with a centrally based computer system. These locks are perceptively programmed and instantaneously make access decisions based on the access rights of the individual. Wireless access control systems response quickly and they require no communication with the network controllers or server thus avoiding problems when network congestion occurs. Radio frequency technology offers an opportunity to a wide range of access-control system providers to integrate traditional doors with mechanical locks into wireless access control systems cost effectively. As a result, facility and security managers now have better control on monitoring the organizational activities as they only need to look over a single security system, while the customers will need a RFID access control card. Installing wireless access control systems are typically faster than traditional hardwired solution implementation. When wanting to backfit older structures with modern access control systems, a wireless solution may be the only worthwhile option the individual to use. Also, wireless readers are not limited to doors – wireless solutions exist for exit devices, gates and elevators. Wireless systems work with most of today’s access control systems.
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The demand for connected information and the modernization of advanced technologies are further predicted to support the growth of wireless access control market over the forecast period. The high efficiency of these devices and exclusion of mechanical support staff accompanied with these innovative technologies are estimated to propel the wireless access control market growth. High implementation cost may act as a challenge to the market. Moreover, one of the major disadvantages of Wireless access control is the security issue for organizations using it.
Global Wireless access control Market has been segmented on the basis of its type, end-user industry, enterprise size and region. Based on the type, the wireless access control market is segmented as Networked Wireless Access Control and standalone wireless access control systems. A networked wireless access control system is usually connected together via data-collection panels to a single computer or server. These data-collecting panels can communicate to the central computer over a wired system which are IP-based. In a standalone type wireless access control system, each door or portal is controlled by a reader that can store many transactions and card numbers of the users. The advantage of a standalone wireless access control system is that it can be installed virtually anywhere without the need of implementation of communication infrastructure. On the basis of end-user industry market can be segmented such as Banking, Healthcare, Government and Commercial. Banking and government sector is expected to remain one of the leading end-use industry in the global wireless access control market over the next coming years. Increasing security issues in banking sector are compelling the banks to incorporate these systems thus supporting the growth of the market in this sector. The healthcare and commercial and sectors are also estimated to grow at a considerable rate attributing over the forecast period.
Region wise, global Wireless access control discovery market is segmented into North America, South America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). North America is projected to be the foremost regional market over the coming few years, mainly attributing to the presence of the technological advancements and major industry players in this region. Asia Pacific is estimated to grow considerably due to continuously rising information technology (IT) sector in countries such as China, Japan, Philippines, South Korea and India.
The key vendors in the global Wireless access control market are Altman Integrated Technologies Ltd (AIT), Tyco Security Products, Kaba and Cansec Systems Ltd.
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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