Access Control as a Service (ACaaS) Market 2018 Major Key Players: Microsoft Corporation, Datawatch Systems Inc, AIT Ltd, Cisco System, Cloudastructure, Jhonson controls

Market Research Future published a Half Cooked research report on “Global Access Control as a Service Market Research Report - Forecast to 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022

The major drivers for the growth of this market are its high speed of implementation, highly customized pre-configured system, efficient technical knowledge to build and use it, and availability of rule based notifications on mobile devices and better data security among others. The access control as a service helps in enhancing the end user privacy and offers flexibility to owners for accessibility of data. The increasing concern of organizations about losing their control over its outsourced data and security & storage of the data are leading more companies to adopt access control as a service.

The global access control as a service (ACaaS) market is expected to grow from USD ~0.50 Billion in 2016 to USD ~1 Billion by 2022, at an estimated CAGR of 17%. However, time consuming process of setting rules & duties for an organization is one of the major factor hindering the market growth.

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Key Players
The prominent players in the market of access control as a service (ACaaS) market are – Microsoft Corporation (U.S.), Datawatch Systems Inc. (U.S.), AIT Ltd. (U.K.), Cisco Systems Inc. (U.S.), Cloudastructure Inc. (U.S.), Jhonson controls Inc.. (U.S.), M3T Corporation (U.S.), Centrify Corporation (U.S.), IBM Corporation (U.S.) and Symantec Corporation (U.S.) among others.

Segments:
Global access control as a service (ACaaS) Market has been segmented on the basis of service, deployment, devices, type, application and verticals. Service includes managed, hosted and hybrid services. Deployment comprises of on-cloud and on-premise. The Devices of ACaaS are biometric, smart card access and identity management solution among others. The applications are network access control and data access control. On basis of type, the market can be segmented as discretionary and non-discretionary. The various verticals are social media, manufacturing, utilities, government bodies, commercial and cooling & lighting among others.

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