Press release
Electronic Access Control Systems Market Expanding at a CAGR of 6.13% between 2018 and 2021
Electronic access control systems use electronic or electromechanical systems to allow restricted access within organizations.
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These systems include perimeter security systems, intruder alarms, and authentication systems. Authentication systems are classified into door contact access control systems, biometrics, and keypads. Electronic access control systems are used in various organizations and enterprises to restrict access to data, networks, and workstations.
Technavios analysts forecast the global electronic access control systems market to grow at a CAGR of 6.13% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global electronic access control systems market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of different types of electronic access control systems, software, services, and components.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
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Technavios report, Global Electronic Access Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
Bosch Sicherheitssysteme
Siemens
Honeywell International
Schneider Electric
ASSA ABLOY
Tyco
Other prominent vendors
Comelit Group UK
Panasonic
Genetec
Texecom
Communication Networks
SALTO Systems
Market driver
Growing adoption of EMV standards
For a full, detailed list, view our report
Market challenge
High implementation costs
For a full, detailed list, view our report
Market trend
Migration from single to multi-modal authentication systems
For a full, detailed list, view our report
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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