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Access Control Market To Reach US $ 20.02 Billion By 2027; Growing demand for cloud-based systems to stimulate growth: Fortune Business Insights ™
Key Companies Covered In The Access Control Market Research Report Include Nedap NV (The Netherlands), Genetec Inc. (Montreal, Canada), Honeywell International Inc. (North Carolina, USA), Dots Info Systems (India) Pvt. Ltd. Ltd. (Mumbai, India), Bosch Sicherheitssysteme GmbH (New York, USA), KISI Inc. (Brooklyn, NY, USA), HID Global Corporation (Texas, USA), Matrix Comsec Pvt. Ltd. Ltd. (Gujrat, India), Enterprise Systems Corporation (Texas, USA), Perco (Saint Petersburg, Russia), Identiv, Inc. (California, USA). Pune, India, March 4, 2021 (GLOBE NEWSWIRE) – – The global market size for access control is expected to reach $ 20.02 billion by 2027, driven by the growing demand for cloud-based systems and the increasing popularity of mobile access control systems among enterprises. Fortune Business Insights in its latest report, Access Control, Share & COVID-19 Impact Analysis Market Size, By Component (Hardware, Software, and Services), By Type (DAC, MAC, RBAC), By Application (Homeland Security) (Commercial -, residential and industrial forecast) and regional forecast, 2020-2027. “Notes the market was $ 10.31 billion in 2019 and is projected to grow 8.7% annually between 2020 and 2027. Click here for the short term and long term impact of COVID-19 on this market. Visit: https://www.fortunebusinessinsights.com/access-control-market-104592 COVID-19 to Accelerate Demand for Multifactor Authentication Systems The global IT industry has expanded its security approaches and functions to speed up data theft to be able to react. The COVID-19 pandemic has proven to be a catalyst for accelerating this growth as growing concerns about cyberattacks and phishing attacks drive the adoption of multi-factor authentication systems in businesses. This development should favor market growth in the forecast period. Access control is an efficient method that guarantees users complete access to company data. It provides users with data security that allows specified people to access valuable information and resources while preventing data theft. It also provides access control policies and security technologies to protect sensitive information such as customer data for a company. Request Sample Copy of Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/access-control-market-104592 What Does the Report Contain? The market report includes a qualitative and quantitative analysis of various factors such as: B. the main drivers and constraints that will affect growth. Additionally, the report offers insights into the regional analysis covering different regions and contributing to the growth of the market. It encompasses the competitive landscape that the leading companies are involved in and the adoption of strategies to announce partnerships, launch new products, and work together to further grow the market between 2020 and 2027. In addition, the research analyst has adopted various research methods to extract information about current trends and industry developments that will drive market growth over the forecast period. DRIVING FACTORS Rising Demand for Mobile Access Control Systems to Drive Growth According to HID Global’s 2019 survey, around 54% of businesses are likely to switch to mobile access control systems by 2022. The increasing acceptance of smartphones and mobility devices is driving organizations to introduce solutions for access control to corporate mobility. These solutions offer higher productivity, lower technology overhead and save costs and time. In addition, the increasing adoption of cloud-based systems in enterprises is expected to contribute to the global access control market during the forecast period. SEGMENTATION The home country segment held a market share of 10.7% in 2019, the home country segment held a market share of around 10.7% in 2019 upon request and is expected to record significant growth in the forecast period. This is due to factors such as the growing demand for advanced access control systems to prevent theft in residential areas. Inquire About Customization: https://www.fortunebusinessinsights.com/enquiry/customization/access-control-market-104592 REGIONAL INSIGHTS North America Remains on the Front Line; Increasing adoption of cloud computing solutions to drive growth North America is expected to continue to dominate and top the global access control market in all regions over the forecast period. This dominance is due to the increasing acceptance of cloud computing-based systems and the presence of established players developing advanced access control systems in the region between 2020 and 2027. North America was $ 3.81 billion in 2019. Pacific is expected to see significant growth supported by the increased adoption of smartphones and mobile computing devices in the region. COMPETITIVE LANDSCAPE Merger and Acquisition by Major Companies to Expand Product Portfolio and Increase Sales The global access control market is being fragmented by the presence of large companies focusing on acquiring other small businesses to develop advanced systems to meet growing demand Industry and industry meet. Military & Defense & Oil & Gas Sector Worldwide. Industry Development: February 2020 – ASSA ABLOY Group announced the acquisition of UK-based solutions provider Biosite Systems Ltd. known. The acquisition aims to consolidate its position by providing innovative access control solutions to its customers. List of companies that stand out in the global access control market: Nedap NV (Netherlands) Genetec Inc. (Montreal, Canada) Honeywell International Inc (North Carolina, USA) Dots Info Systems (India) Pvt. Ltd. Ltd., (Mumbai, India) Bosch Sicherheitssysteme GmbH (New York, USA) KISI Inc. (Brooklyn, NY, USA) HID Global Corporation (Texas, USA) Matrix Comsec Pvt. Ltd. Ltd. (Gujrat, India) Enterprise Systems Corporation (Texas, USA) Perco (Saint Petersburg, Russia) Identiv, Inc. (California, USA) Centrify Corporation (California, USA) dormakaba Holding AG (Rümlang, Switzerland) Allegion plc (Ireland) Johnson Controls, Inc. (Cork, Ireland) ASSA ABLOY Group (Stockholm, Sweden) Ekran System Inc. (California, USA) SolarWinds Worldwide, LLC. (Austin, Texas, USA) TED Systems, Lenexa, KS. (Lenexa, USA) Gemalto NV (Amsterdam, Netherlands) IMEDIA France (Courbevoie, France) Siemens Aktiengesellschaft (Munich, Germany) Mace Security International Inc. (Ohio, USA) Market for quick purchase and access control: https: // www .fortunebusinessinsights .com / checkout-page / 104592 Main table of contents: Introduction Definition, by segmentResearch methodology / approachData sources Important findingsMarket dynamics Macro and microeconomic indicatorsDrivers, restrictions, opportunities and trends Effects of the COVID-19 concept Short-term influenceLong-term competition for effects – SWOTE-Consolidated landscape business strategies adopted by key players AnalysisPorter Five Forces AnalysisEcosystem Analysis Global Market Share Analysis and Matrix, 2019 Key Market Insights and Strategic Recommendations Key Players Profiles (only available for 10 players) Overview Key Management Headquarters etc. Offers / Business Segments teKey details (Key details are subject to the availability of data y in the public sector and / or in paid databases) Employee sizeKey Financials Past and current earningsGross MarginGeographical ShareBusiness Segment Share Current developments Answers to primary interviewsAppendix Estimates and forecasts of the global market size for access control (quantitative data ), by segment, 2016-2027 By component (value) Hardware authentication system BiometricCard basedTouch screen and keyboardsDoor contactsIntruder alarm system detection system Motion detectorGlass break detectorDoor / window sensor Software services Training and adviceInstallation and integrationMaintenance and support according to access control type (value) Discretionary access control (DAC) Mandatory Access Control (MAC)) Role Based Access Control (RBAC) by Application (Value) Homeland Security CommercialResidentialIndustrial by Region (Value) North AmericaSouth AmericaEuropeM ittelost & AfricaAsia Pacific Table of Contents continued .. Talk to Our Analyst: https://www.fortunebusinessinsights.com/enquiry/ Speak-to-Analyze t / access-control-market-104592 Have a look at Related Research Findings: Market Size, Monitoring and COVID-19 impact analysis to monitor and identify farm animals, by component (hardware, software and services), by purpose (dairy farm, beef farm, sheep farm, deer farm and goat and pig farm) and regional forecast, market size, share and analysis of digital transformation 2020-2027 by technology (cloud computing, big data and analytics, cybersecurity, artificial intelligence () AI), Internet of Things (IoT)), by company size (large companies, SMEs), by deployment model (on-site, cloud ), by industry (BFSI, manufacturing, IT and telecommunications, retail and consumer goods, healthcare)) and regional forecast, 2021-202 8 Online Gambling Market Size, Share and COVID-19 Impact Analysis, By Type (Sportsbook, Casinos, Poker, Lottery, Bingo, and Others), By Devices (Desktop, Mobile, and Others), and Regional Forecast, 2021-2028 Market Size, Share and COVID-19 for process mining software impact analysis, by type (cloud-based and local), by company size (large companies and small and medium-sized businesses), by end-users (BFSI, healthcare, retail, manufacturing, IT and telecommunications, logistics and Transport) and Others) and Regional Forecast, 2021-2028 About Us: Fortune Business Insights ™ provides expert business analysis and accurate data, helping companies of all sizes to make timely decisions. 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