Global Smart Access Control Market Growth 2023-2029

Global Smart Access Control Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Smart Access Control Industry Forecast” looks at past sales and reviews total world Smart Access Control sales in 2022, providing a comprehensive analysis by region and market sector of projected Smart Access Control sales for 2023 through 2029. With Smart Access Control sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Access Control industry.

This Insight Report provides a comprehensive analysis of the global Smart Access Control landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Access Control portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Smart Access Control market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Access Control and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Access Control.

The global Smart Access Control market size is projected to grow from US$ 1238.3 million in 2022 to US$ 1664.4 million in 2029; it is expected to grow at a CAGR of 1664.4 from 2023 to 2029.

Major smart access control manufacturers in the global market include Ring (Amazon), Entropy Technology and Salto Systems. The top three players in the world hold about 30% of the market. Geographically, the North American market accounts for nearly 40% of the global market share, followed by Europe at nearly 30%. In terms of product types, the card type occupies an important position, with a market share of more than 50%. At the same time, in terms of applications, enterprise applications account for more than 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Smart Access Control market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Card Type
Password Type
Biometric Type
Others

Segmentation by application
Commercial
Residential
Healthcare
Government
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ring (Amazon)
ZKTeco
Salto Systems
Hikvision
ASSA ABLOY
Johnson Controls
dormakaba
GU Group
Suprema
Dahua
Anviz
Honeywell
SIEGENIA GROUP
Apollo
ACTi Corporation

Key Questions Addressed in this Report

What is the 10-year outlook for the global Smart Access Control market?

What factors are driving Smart Access Control market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Smart Access Control market opportunities vary by end market size?

How does Smart Access Control break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.