Global Access Control Security Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Access Control Security Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Access control security system is a mechanism to restrict the access to information, assets, area and people from external and internal threats. The access to those resources is made through different kinds of authentication and authorization, and zoning mechanism controlled automatically, manually or the combination of the both. The access control systems have evolved from very fundamental mechanical lock through single door access control system to modern IP based access control system using IoT technology. Numerous types of door locks, key fobs, controllers, operational technologies and integration technologies have been adopted in the modern access control systems, which provide unified physical and data security on a single platform.

Market Overview:

The latest research study on the global Access Control Security market finds that the global Access Control Security market reached a value of USD 7814.5 million in 2022. It’s expected that the market will achieve USD 12366.21 million by 2028, exhibiting a CAGR of 7.95% during the forecast period.

Future-Proofing Access Control Security

As the COVID-19 situation continues to evolve, Access Control Security companies need to come up with new tools to mitigate future risks. Now is the time to consider updating the access control to a more modern, future-oriented system that still works even if 90% of the offices are working remotely. Access Control Security requires the company to give priority to the protection of users and build a complete access control platform, which includes many functions designed to enable remote labor and prevent the spread of harmful bacteria in commercial establishments.

Remote Security Management

Transitioning to a cloud and mobile-based security system makes site management simpler and safer, without the need to depend on localized servers or on-site personnel. When it comes to updating for coronavirus building security, a system that can be managed remotely offers greater control and flexibility.

Preparing for Post-Coronavirus Office Security

As the world begins to normalize again and can reopen to the public, organizations need to be prepared to change acceptable changes in security. Health and hygiene will become the top priority. The arrival of COVID-19 has raised people's awareness of everything that is in contact throughout the day: door handles, light switches, and even people's faces. In the post-coronavirus world, innovating new ways to reduce exposure is crucial, especially in places where people spend most of their time: offices, schools, apartment buildings and retail stores. So, this also provides new opportunities for the Access Control Security market.

Networking, biometrics, and integration development trends

Access control system is a sub-category of entrance and exit control products. In recent years, with the development of proximity card technology and biometric technology, the access control system has been developed by leaps and bounds, with the emergence of proximity card access control systems, fingerprint access control systems, iris access control systems, facial recognition access control systems, and disorderly keyboard access control. Systems and other technical systems have their own specialties in terms of security, convenience, and ease of management, and the application fields of access control systems are becoming wider and wider. At present, security electronic products are more concentrated in industry applications such as finance, transportation, education, and relatively few applications in households, communities, shops and other fields, and have not yet formed scale and industrialization. Electronic security products, especially access control systems, are realizing a series of solutions and products targeting such security markets, such as home monitoring, mobile phone monitoring, and smart home, based on the effective integration of technologies such as the Internet of Things and mobile Internet. In the future, the development of the access control system market will be networked, biometric, and integrated.

Application of Access Control Security System in Various Fields

Workforce access integrates for forming one centralized workforce management solution thereby forming a major driving factor for the market growth. Use of a single badge solution for identification, time and attendance, access control, and other applications further makes the electronic access system one of the most widely used techniques in the world. Furthermore, these techniques are also used for manage from any computer on the network without getting over-dependent on anyone. As all of the parameters of the access control system formulated by companies are stored on a centrally managed database, these can get accessed from any computer as long as it remains connected to the network. Additionally, the software for this technology is managed from a computer web browser, so there is no need to install special software.

Region Overview:

In 2022, the share of the Access Control Security market in North America stood at 31.67%.

Company Overview:

ASSA Abloy is one of the major players operating in the Access Control Security market, holding a share of 16.74% in 2022.

ASSA Abloy

ASSA ABLOY covers all needs for door opening solutions and service for institutional and commercial customers, as well as for the residential market. The Group has the largest installed base of locks and access solutions in the world, with a large share of sales in the stable aftermarket.

Johnson Controls

Johnson Controls International PLC is a global diversified technology and multi industrial company. The Company also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance and replacement of mechanical and control systems.

Segmentation Overview:

As for product types, the Hardware segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Commercial, with a market share of 52.56% in 2022.

Key Companies in the global Access Control Security market covered in Chapter 3:

Bodet Software
Schneider
Nortek Control
NAPCO Security Technologies, Inc.
Thales Group
Identiv,Inc
ADT
GardaWorld
SIEMENS
ASSA Abloy
Nedap N.V.
Bosch
EMC Security
Honeywell
Johnson Controls
DormaKABA
Allegion
Millennium
Suprema
Gallagher
ASI Security
Mitsubishi Electric
Panasonic
NEC Corporation
Salto

In Chapter 4 and Chapter 14.2, on the basis of types, the Access Control Security market from 2018 to 2029 is primarily split into:

Hardware
Software
Service

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Access Control Security market from 2018 to 2029 covers:

Residential
Commercial
Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)