Global Access Control Solutions Market 2016-2020

2016-03-16
Price :
Published : Mar-2016
No. of Pages : 52

Outlook of the global access control solutions market

The global market for access control solutions will grow steadily over the forecast period and will exhibit an impressive CAGR of over 13% by 2020. The rising need for a high level of data and identity security in corporate firms will lead to the growth of this market. In recent times, the need for access control solutions like biometrics and smart cards has increased owing to the recent rise in the number of terrorist attacks and criminal activities. Since most corporate employees use their mobile devices to access company data, the demand for access control solutions will increase significantly as these devices are highly vulnerable to attacks.

The market research analyst has estimated eminent factors, such as the introduction of contactless access control solutions, to drive the prospects for market growth during the estimated period. Contactless access control is primarily used in the utility sector like oil and gas, water treatment plants, and construction sites. Hand geometry coupled with smart devices like tablets, laptops, and notebooks allows the contactless approach, as an image of the palm can be captured with the camera of a mobile device and can then be used to secure these devices and applications from hackers and viruses while providing access to authenticated users.

End-user segmentation and analysis of the access control solutions market

  • Government
  • BFSI
  • Healthcare
  • Transportation

During 2015, the government sector dominated this market and accounted for a market share of more than 31%. According to this market research, factors such as increasing incidences of criminal activities and fraud across the government sector will lead to the high demand for access control solutions. In this sector, access control solutions also help to track the attendance of employees. This ability to monitor the employee’s attendance will facilitate workforce management.

Geographical segmentation and analysis of the access control solutions market

  • APAC
  • Europe
  • MEA
  • North America
  • South America

In this market research report, analysts have estimated Europe to be the largest market for access control solutions during the forecast period. Increasing security concerns will lead to the high demand for access control among the government and BFSI sectors. Furthermore, with the increasing implementation of stringent regulations by the government to ensure homeland security, the market for access control solution will have a positive outlook until 2020.

Competitive landscape and key vendors

This market is highly fragmented owing to the presence of many small regional suppliers and large multinational vendors. During the forecast period, the established access control vendors will acquire smaller vendors to expand their product portfolio and boost market shares. The market is also characterized by the presence of numerous well-diversified international and regional vendors.

Key leading vendors in the market are -

  • 3M Cogent
  • Gemalto
  • Honeywell Security Group
  • Safran

Other prominent vendors analyzed in this market research are Allegion, AMAG Technology, ASSA ABLOY, Gallagher Group, HID Global, ISGUS, and Tekno Electro Solutions.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the access control solutions market?
  • What are the key market trends impacting the growth of the global access control solutions market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global access control solutions market?
  • What are the market opportunities and threats faced by the vendors in the global access control solutions market?
  • Trending factors influencing the market shares of the APAC, Europe, MEA, North America, and South America.
  • What are the key outcomes of the five forces analysis of the access control solutions market?
Filed in: Information Technology
Publisher : Technavio
More Reports
Title Price Buy Now

Global Data Center Construction Market 2017-2021

About Data Center Construction A data center is a centralized storehouse — physical or virtual — for remote storage, and processing of data and information. Data centers constitute the backbone of essential business operations. There is a significant growth in the enterprise application worldwide because of the use of advanced technologies to gain competitive advantage. Enterprises are focusing on the construction of green data centers to reduce power consumption and protect the environment. The construction of a data center includes design, architecture, installation of electrical and mechanical systems, as well as general construction services. Data center certifications have gained importance, especially for colocation and managed hosting service providers. They use these certificati......
$3500

Global Anti-Money Laundering Software Market 2017-2021

About Anti Money Laundering Software Money laundering is a process by which criminals convert illegally obtained profit into seemingly legitimate funds. They hide the source of such profits and try to prove that they are from a legitimate source. Money laundering is a worldwide issue. The reason for criminals to launder their illegal funds is that they can later use this money in the markets without any hindrance and without the fear of it being tracked. Laundering prevents the funds from being confiscated by the police. In money laundering, once the funds are deposited in a foreign bank, they can be moved through accounts of shell corporations that exist mainly for laundering purposes. The high volume of wire transfers daily makes it difficult for law enforcement agencies to trace these ......
$3500

Global Audio and Video Editing Software Market 2017-2021

About Audio and Video Editing Software The demand for proprietary software and free professional software, such as Lightworks, is high in the market. The increased use of video content in social media has accelerated the demand for audio and video editing software. In addition, online video editing software is becoming a viable solution for editing and managing video content. Animoto and WeVideo are some of the prominent players in this industry. Acquisitions of smaller companies take place on a regular basis. For instance, Pinnacle Systems was acquired by Avid in 2005. Corel, a Canadian software company, acquired Pinnacle Systems from Avid in 2012. The analysts forecast global audio and video editing software market to grow at a CAGR of 10.31% during the period 2017-2021. Covered i......
$3500

Global Project Portfolio Management Software Market 2017-2021

About Project Portfolio Management Software PPM software enables the monitoring of project performance based on the allocation of resources within a time frame and budgetary limits while managing the risks involved. The software also helps to examine the risk-reward ratio of each project, duration of the project, and the expected outcomes. Project Portfolio Management (PPM) is the consolidated and synchronized management of the methods, processes, and tools that are used by project managers and stakeholders. It helps in planning, executing, managing, controlling, and analyzing current and proposed projects in line with the organization's strategic objectives. The analysts forecast global project portfolio management software market to grow at a CAGR of 12.34% during the period 2017-202......
$3500

Global Sports Software Market 2017-2021

About Sports Software Sports software is used to capture data about competitions and matches happening across leagues, clubs, sports associations, and sports academies. The software enables coaches to plan, measure, and analyze the player's performance, thereby helping in collaboration among players within the team. The market encompasses features of sports software such as game scheduling, competition management, team management, access to member database, online payment processing, communication tools, and online registration. The analysts forecast global sports software market to grow at a CAGR of 13.43% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global sports software market for 2017-2021. To cal......
$3500

Global Legal Process Outsourcing Services Market 2017-2021

About Legal Process Outsourcing Services LPO is the process of procuring legal services from an external provider. The cost of legal proceedings is increasing at a progressive pace. The outsourcing of these services is of strategic importance for law and corporate firms to reduce their expenditure on legal matters. LPO offers access to legal expertise from different countries and builds their core competencies. It helps clients increase their operational efficiency, reduce time-to-market cycles, obtain access to fresh talent, and equip organizations with an economical cost structure. The analysts forecast global legal process outsourcing services market to grow at a CAGR of 28.67% during the period 2017-2021. Covered in this report This report covers the present scenario and the ......
$3500

Global Smart Home M2M Market 2017-2021

About Smart Home M2M A smart home comprises of an internal network, home automation, and intelligent control. It is equipped with advanced and automated digital devices, home appliances, and equipment that are interconnected to each other. This facilitates sophisticated monitoring and control over the building's functions. Smart home devices perform three major actions — remote status checks, remote information, and remote control — to implement any action from a remote location. The analysts forecast global smart home M2M market to grow at a CAGR of 32.22% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global smart home M2M market for 2017-2021. To calculate the market size, the report considers the r......
$3500

Data Center Market in ANZ 2017-2021

About Data Center A data center is a centralized facility used for data computing, processing, and storage. It includes high-performance servers, networking equipment, storage arrays, and supporting services such as powering and cooling solutions. Data centers are established by either large-scale enterprises or enterprises offering cloud-based services. Enterprises build colocation and managed hosting data center facilities and rent them to other large enterprises and SMEs. The analysts forecast data center market in ANZ to grow at a CAGR of 8.29% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the data center market in ANZ for 2017-2021. To calculate the market size, the report considers data center investm......
$3500

Global Slot Machines Market 2017-2021

About Slot Machines Slot machines are casino gambling machines with three or more reels that spin when a button is pushed. The analysts forecast global slot machines market to grow at a CAGR of 15.49% during the period 2017-2021. Covered in this report This report covers the present scenario and the growth prospects of the global slot machines market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of slot machines. The market is divided into the following segments based on geography: APAC Europe North America ROW This report, Global Slot Machines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects ov......
$3500

Global AR Gaming Market 2017-2021

About AR Gaming The first stage of AR began in the late 1950s when Sensorama was invented. The machine was similar to a mini theater that would engage all five senses and create an immersive experience at the cinema. Since the invention of Sensorama, many ideas that could enable people to interact with their environment have come up. One such is the virtual reality (VR) technology that creates a simulated environment around an individual where simultaneous interactions occur in both the virtual and physical space. With the development of VR technology, the AR technology emerged. To overcome limitations of VR and to improve visual experiences, the VR and AR technology were combined to create mixed reality. However, the mixed reality technology failed to success because of its high expense.......
$3500