Global Access Control Market research report

Global Access Control Market research report

Introduction

From protecting the perimeter to securing high-value assets, access control systems are a fundamental responsibility for organizational security departments. A study commissioned by HID Global of security directors, managers and consultants indicated that companies are investing in more advanced access control technology, and while the pace may be slow, there is a trend of organizations employing technology that is more secure and easier to deploy and use. Security directors report the two most important ways an access control system aids an organization's security is by limiting physical security breaches (34%) and limiting the incidence and impact of insider threats (28%). To accomplish these goals, as well as realizing the other benefits of a high-functioning access control system, organizations are working to build synergies between security and IT and add functionality to their systems. Most modern Access Control Systems use some combination of servers and workstations. The servers store all of the system configurations and historical data, manage communications throughout the system, and serve the workstations with real-time data and reports. Servers also control system decisions or functions that span across multiple Access Control Panels. Biometrics have existed since the starting of access control technology for decades, limited by high cost, accuracy issues, privacy concerns, and other issues. But with prices dropping and quality improving, it has become a viable access control technology. Over recent years, the accuracy rate of facial recognition has increased rapidly. According to the National Institute of Standards and Technology (NIST), as of April 2020, the error rate of the best facial recognition solution is now 0.08 % compared to 4.1 % in 2014. Facial recognition systems have traditionally been expensive and unapproachable. Expensive installation requires high integration costs in order to work on top of legacy systems. The enrolment process was cumbersome and required a queue of people for enrollment at the individual stations. With advances and innovation in biometric access control, installation is cost effective and can compete with the cost of alternative

key card systems, Instant self-enrollment and simple integration have made facial recognition more accessible than before. Cyber and physical integration has had and will continue to have profound implications for access control technology. Once separate systems, physical and cyber access controls often function seamlessly. A survey by HID Global and ASIS International highlights three major benefits of access control integration. First, users are eager to adopt converged credentials. Second, users are less likely to lose combined credentials. Finally, the single credential reduces the need for strong passwords, which are difficult and frustrating to remember. However, the only thing holding back integrated access control is the lack of departmental convergence or cooperation between physical and cybersecurity departments. A 2019 study by the ASIS Foundation shows that only 24% of companies in the United States, Europe, and India have converged physical and cybersecurity, and there is no evidence that the number is increasing.

There is an increasing trend of multi-factor authentication as the security threats have increased. This technology was traditionally required in critical infrastructure and utility industries such as oil, gas, and power plants. However, the emergency of multi-purpose access control readers that support several credentials at once has made multi-factor authentication accessible to every industry. COVID-19 has also impacted the security industry overall. The government acknowledged that security and access control are essential during the pandemic. However, it has been difficult for companies everywhere to secure their businesses and assets without people on site. Some of the risks faced by the businesses are Updated operating hours and door schedules Access for routine maintenance and deliveries as well as regular disinfecting and cleaning of the business Service and internet disruptions The inability to replace or deactivate lost key fobs, cards, and badges No access or limited access to security systems on local servers In such cases, mobile and cloud-based security system are a better option. Mobile credentials offer a more secure and convenient solution. Since people tend to bring their mobile phones with them everywhere, these devices have organically evolved for the access control industry Additionally, mobile access control offers remote capabilities. For instance, a tenant can grant access to a visitor from a mobile app on their phone once being alerted through an apartment intercom system. This can be done from anywhere as long as the tenant has their mobile phone. Mobile access control apps have been a focal point of innovation in the building technology market over the past year. For instance, Siemens redesigned its Surveillance Access mobile app so users can open smart locks from SALTO access control systems. Schneider Electric launched functionality in its workplace app so users can assign temporary digital access keys to visitors. Workplace software vendor Spica Technologies also launched contactless access control functionality on its workplace mobile app Luna.

Cloud-based access control is intuitive to use and offers the most flexibility for administrators. Access credentials can easily be granted or revoked from any device or location. User authorization, access points and data trends are centralized in a single database that is remotely accessible. This is an important advancement in the physical security industry as it eliminates the need for an on-site IT professional to manage the system. Another key benefit that has helped fuel the growing popularity of cloud access control is scalability. Facility and property managers who manage security at multiple sites can easily manage their databases from one location. Asia-Pacific region has embraced facial recognition despite an initial reluctance due to the low accuracy and concerns for privacy. The demand has increased dramatically over the last two years, and possibly has replaced fingerprint as the dominant biometric authentication method. North America holds a significant share of the market and is expected to remain so in the coming years. According to the State of Safety Survey 2020 by Safewise, burglars hit renters more frequently than homeowners. 57% of respondents said the burglar struck a property they owned. The survey also states that break-ins are the most-feared property crime. Over 60% of respondents said they have the deepest concern about someone breaking in when there's no one at home, and 58% fear a break-in when they're sleeping. According to the FBI statistics, a burglar strikes every 30 seconds in the US. Such facts indicate the increasing adoption of access control in the country. However, some factors are also challenging the market growth. As per a 2020 survey done by HID Global, in most organizations, the basic components of access management systems are aging credentialing components, readers and controllers and software are three or more years old in 58, 60 and 49% of companies respectively. However, upgrading in the near term isn't a priority for many.

The survey also asked security directors about the electronic access control technologies used in their organizations. 51% of the respondents mentioned that they still use 125 kHz low-frequency proximity cards, based on technology that is 25 years old and which has significant security vulnerabilities. 26% report using the even older and less secure technology of magnetic stripe cards and 17% report using barcodes.


Chapter 1 Executive Summary
1.1 Business Trends
1.2 Access control Market: COVID-19 Outbreak
1.3 Russia Ukraine War Impact
Chapter 2 Introduction
2.1 Market Research Methodology
2.1.1 Research Process
2.1.2 Primary Research
2.1.3 Secondary Research
2.1.4 Data Collection Technique
2.1.5 Data Sources
2.2 Market Estimation Methodology
2.2.1 Limitations of the Study
2.3 Product Picture of Access control
2.4 Global Access control Market: Classification
2.5 Years Considered for the Study
Chapter 3 Market Characteristics
3.1 Market Definition
Chapter 4 Global Access control Market - Industry Insights
4.1 Covid-19 impact on Global economy
4.2 Industry Value Chain
Chapter 5 Macroeconomic Indicators
5.1 Macor Economic Outlook
Chapter 6 Recent Developments
6.1 Recent Developments
Chapter 7 Market Dynamics
7.1 Drivers
7.1.1 Rising crime rates and threats
7.1.2 TECHNOLOGICAL ADVANCEMENTS
7.2 Restraints
7.2.1 Operational & ROI controls
7.3 Opportunities
7.3.1 Access control market opportunity
7.4 Market Trends
7.4.1 Trends
Chapter 8 Risk Analysis
8.1 Demand Risk
8.2 Supply Risk
Chapter 9 Market Analysis
9.1 Porter’s Analysis
9.1.1 Supplier Power
9.1.2 Buyer Power
9.1.3 Substitution Threat
9.1.4 Threat from New Entry
9.1.5 Competitive Rivalry
9.2 PESTEL Analysis
9.2.1 Political
9.2.2 Economic
9.2.3 Social
9.2.4 Technological
Chapter 10 Global Access control Market
10.1 Global Access control
10.1.1 Global Access control Market Revenue (USD Million), 2016 – 2020
Chapter 11 Global Access control Market Analysis Forecast
11.1 Global Access control Market
11.1.1 Global Access control Market Revenue, by region (USD Million), 2016 – 2020
11.1.2 Global Access control Market, by Region 2021 - 2031
11.1.3 Global Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.4 Global Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.5 Global Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.6 Global Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.7 Global Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.8 Global Access control Market Revenue, by product (USD Million), 2021 – 2031
11.1.9 North America Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.10 North America Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.11 North America Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.12 North America Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.13 North America Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.14 North America Access control Market Revenue, by product (USD Million), 2021 – 2031
11.1.15 Europe Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.16 Europe Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.17 Europe Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.18 Europe Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.19 Europe Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.20 Europe Access control Market Revenue, by product (USD Million), 2021 – 2031
11.1.21 Asia Pacific Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.22 Asia Pacific Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.23 Asia Pacific Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.24 Asia Pacific Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.25 Asia Pacific Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.26 Asia Pacific Access control Market Revenue, by product (USD Million), 2021 – 2031
11.1.27 Latin America Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.28 Latin America Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.29 Latin America Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.30 Latin America Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.31 Latin America Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.32 Latin America Access control Market Revenue, by product (USD Million), 2021 – 2031
11.1.33 Middle East & Africa Access control Market Revenue, by component (USD Million), 2016 – 2020
11.1.34 Middle East & Africa Access control Market Revenue, by component (USD Million), 2021 – 2031
11.1.35 Middle East & Africa Access control Market Revenue, by industry (USD Million), 2016 – 2020
11.1.36 Middle East & Africa Access control Market Revenue, by industry (USD Million), 2021 – 2031
11.1.37 Middle East & Africa Access control Market Revenue, by product (USD Million), 2016 – 2020
11.1.38 Middle East & Africa Access control Market Revenue, by product (USD Million), 2021 – 2031
Chapter 12 Competitive Analysis
12.1 Thales Group
12.1.1 Business Overview
12.1.2 Thales Group Business Financials (USD Million)
12.1.3 Thales Group Product Category, Type and Specification
12.1.4 Thales Group Main Business/Business Overview
12.1.5 Thales Group Recent Development
12.1.6 Swot Analysis
12.2 NEC Corporation
12.2.1 Business Overview
12.2.2 NEC Corporation Business Financials (USD Million)
12.2.3 NEC Corporation Product Category, Type and Specification
12.2.4 NEC Corporation Main Business/Business Overview
12.2.5 NEC Corporation Recent Development
12.2.6 Swot Analysis
12.3 Hanwha Techwin Co Ltd
12.3.1 Business Overview
12.3.2 Hanwha Techwin Co Ltd Business Financials (USD Million)
12.3.3 Hanwha Techwin Co Ltd Product Category, Type and Specification
12.3.4 Hanwha Techwin Co Ltd Main Business/Business Overview
12.3.5 Hanwha Techwin Co Ltd Recent Development
12.3.6 Swot Analysis
12.4 3M Cogent Inc (Thales Group)
12.4.1 Business Overview
12.4.2 3M Cogent Inc Business Financials (USD Million)
12.4.3 3M Cogent Inc Product Category, Type and Specification
12.4.4 3M Cogent Inc Main Business/Business Overview
12.4.5 3M Cogent Inc Recent Development
12.4.6 Swot Analysis
12.5 Honeywell Security Group
12.5.1 Business Overview
12.5.2 Honeywell Security Group Business Financials (USD Million)
12.5.3 Honeywell Security Group Product Category, Type and Specification
12.5.4 Honeywell Security Group Main Business/Business Overview
12.5.5 Honeywell Security Group Recent Development
12.5.6 Swot Analysis
12.6 Dormakaba Holding AG
12.6.1 Business Overview
12.6.2 Dormakaba Holding AG Business Financials (USD Million)
12.6.3 Dormakaba Holding AG Product Category, Type and Specification
12.6.4 Dormakaba Holding AG Main Business/Business Overview
12.6.5 Dormakaba Holding AG Recent Development
12.6.6 Swot Analysis
12.7 Bosch Security Systems Inc.
12.7.1 Business Overview
12.7.2 Bosch Security Systems Inc. Business Financials (USD Million)
12.7.3 Bosch Security Systems Inc. Product Category, Type and Specification
12.7.4 Bosch Security Systems Inc. Main Business/Business Overview
12.7.5 Bosch Security Systems Inc. Recent Development
12.7.6 Swot Analysis
12.8 Gemalto NV
12.8.1 Business Overview
12.8.2 Gemalto NV Business Financials (USD Million)
12.8.3 Gemalto NV Product Category, Type and Specification
12.8.4 Gemalto NV Main Business/Business Overview
12.8.5 Gemalto NV Recent Development
12.8.6 Swot Analysis
12.9 Suprema HQ Inc.
12.9.1 Business Overview
12.9.2 Suprema HQ Inc. Business Financials (USD Million)
12.9.3 Suprema HQ Inc. Product Category, Type and Specification
12.9.4 Suprema HQ Inc. Main Business/Business Overview
12.9.5 Suprema HQ Inc. Recent Development
12.9.6 Swot Analysis
12.10 Assa Abloy AB
12.10.1 Business Overview
12.10.2 Assa Abloy AB Business Financials (USD Million)
12.10.3 Assa Abloy AB Product Category, Type and Specification
12.10.4 Assa Abloy AB Main Business/Business Overview
12.10.5 Assa Abloy AB Recent Development
12.10.6 Swot Analysis
Chapter 13 Recommendations
Disclaimer

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