Global Access Control and Authentication Market Size, Trends, & Growth Opportunity by Product Type (Automatic Number Plate Recognition (ANPR), Electric Access Control (EAC)), By End Use (Transportation & Logistics, Government, and Public Sector), By Region, and Forecast till 2027.
Global Access Control and Authentication Market
The global access control and authentication market was valued at USD 8.4 billion in 2021 which is expected to reach USD 14.25 billion by 2027, at a CAGR 10.10% from 2022-2027.
An access and authentication system is intended to monitor objects and people, control their access, and prevent unauthorized access to data or property. This system is in charge of selectively restricting access to a location. Access control and authentication are tools used in the investigation and prevention of crimes in shopping malls, multiplexes, airports, ATMs, and banks.
Market Drivers
Increased demand for access control and authentication systems is expected to drive the global access control and authentication market's growth. Furthermore, the increased demand for safety and security will boost market growth. Furthermore, an increase in government initiatives for security and safety is expected to increase security investments by organisations in the near future. Furthermore, technological advancements will fuel market growth. In Japan, for example, ISR launched a new cloud-based passwordless authentication service (CloudGate UNO) in May 2019. This service provided enterprise single-sign-on (SSO) and access control.
Market Restraints
However, high costs and low user awareness are restraining factors that are expected to stymie global access control and authentication market growth.
Market Segmentation
The global access control and authentication market is segmented into product type such as Automatic Number Plate Recognition (ANPR), Electric Access Control (EAC), and Document Reader. Further, market is segmented into end use, such as Transportation & Logistics, Government and Public Sector, and Utilities/Energy and energy markets.
Regional Analysis Also, the global access control and authentication market is segmented into five regions, such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific dominated the access control and authentication market. The presence of rapidly developing economies, consistent technological advancements in ACA technology, and government initiatives to integrate ACA technologies in a variety of public services are driving growth in this region. Furthermore, factors such as increased adoption of advanced technologies such as artificial intelligence, the Internet of Things, and biometric recognition technology; easy availability of ACA devices; and the presence of leading players as well as several startups in this region are all contributing to the growth of the Asia Pacific access control and authentication market.
Market Key Players
Various key players are discussed in this report, such as 3M Company, Safran Morpho, Inc., AR Hungary, Suprema, Inc., Crossmatch Technology, Inc., Bosch Security Systems Inc., Identiv, Inc., Honeywell Security Group, Johnson Controls International PLC, and Dormakaba Holding AG.
Market Taxonomy
By Product Type
- Automatic Number Plate Recognition (ANPR)
- Electric Access Control (EAC)
- Document Reader
- Transportation & Logistics
- Government and Public Sector
- Utilities and Energy Markets
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Access Control and Authentication Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Access Control and Authentication Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Access Control and Authentication Market Share Analysis, By Product Type
- 5.3 Global Access Control and Authentication Market Size and Forecast, By Product Type
- 5.3.1 Automatic Number Plate Recognition (ANPR)
- 5.3.2 Electric Access Control(EAC)
- 5.3.3Document Reader
- 6 Global Access Control and Authentication Market, By End Use
- 6.1 Y-o-Y Growth Comparison, By End Use
- 6.2 Global Access Control and Authentication Market Share Analysis, By End Use
- 6.3 Global Access Control and Authentication Market Size and Forecast, By End Use
- 6.3.1 Transportation & Logistics
- 6.3.2 Government & Public Sector
- 6.3.3Utilities/Energy Markets
- 7Global Access Control and Authentication Market, By Region
- 7.1 Global Access Control and Authentication Market Share Analysis, By Region
- 7.2 Global Access Control and Authentication Market Share Analysis, By Region
- 7.3 Global Access Control and Authentication Market Size and Forecast, By Region
- 8North America Access Control and Authentication Market Analysis and Forecast (2022-2027)
- 8.1 Introduction
- 8.2 North America Access Control and Authentication Market Share Analysis, By Product Type
- 8.3 North America Access Control and Authentication Market Size and Forecast, By End Use
- 8.4 North America Access Control and Authentication Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9Europe Access Control and Authentication Market Analysis and Forecast (2022-2027)
- 9.1 Introduction
- 9.2 Europe Access Control and Authentication Market Share Analysis, By Product Type
- 9.3 Europe Access Control and Authentication Market Size and Forecast, By End Use
- 9.4 Europe Access Control and Authentication Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4. Rest of Europe
- 10Asia Pacific Access Control and Authentication Market Analysis and Forecast (2022-2027)
- 10.1 Introduction
- 10.2 Asia Pacific Access Control and Authentication Market Share Analysis, By Product Type
- 10.3 Asia Pacific Access Control and Authentication Market Size and Forecast, By End Use
- 10.4 Asia Pacific Access Control and Authentication Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4. Rest of Asia Pacific
- 11Latin America Access Control and Authentication Market Analysis and Forecast (2022-2027)
- 11.1 Introduction
- 11.2 Latin America Access Control and Authentication Market Share Analysis, By Product Type
- 11.3 Latin America Access Control and Authentication Market Size and Forecast, By End Use
- 11.4 Latin America Access Control and Authentication Market Size and Forecast, By Country
- 12Middle East Access Control and Authentication Market Analysis and Forecast (2022-2027)
- 12.1 Introduction
- 12.2 Middle East Access Control and Authentication Market Share Analysis, By Product Type
- 12.3 Middle East Access Control and Authentication Market Size and Forecast, By End Use
- 12.4 Middle East Access Control and Authentication Market Size and Forecast, By Country
- 13Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14Company Profiles
- 15.1 3M Company
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Safran Morpho, Inc
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 AR Hungary
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 Suprema, Inc
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 Crossmatch Technology
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Bosch Security Systems Inc
- 15.6.1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Identiv, Inc
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 Honeywell Security Group
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 Johnson Controls International PLC
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Dormakaba Holding AG
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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