USD 9.18 Billion
Report ID:
SQMIG50B2019 |
Region:
Global |
Published Date: December, 2024
Pages:
157
|Tables:
105
|Figures:
76
Access Control Market size was valued at USD 9.18 Billion in 2023 and is poised to grow from USD 9.91 Billion in 2024 to USD 18.36 Billion by 2032, growing at a CAGR of 8% during the forecast period (2025-2032).
Increased urbanization and smart city projects, higher security risks, higher adoption of cloud and IoT solutions, and biometric and multi-factor authentication shall help in sustaining the global access control market growth. Moreover, one of the primary drivers for firms' adoption of modern access control systems is compliance needs. In such industries as finance, healthcare, and government, various laws and industrial standards mandate stringent access control processes for protecting personal information and the facility itself, so propelling expansion of the market. In addition, integrating cloud computing technology with IoT provides for real-time monitoring and remote administration that enables scalability while propelling further growth of the market due to the requirements of more secure and adaptable options by companies for access.
Organizations and governments are compelled to adopt complex access control systems because of the increasing data breaches, theft, and illegal entry into both digital and physical places. Besides, access control systems are in demand to secure buildings more so as commercial, industrial, and residential construction is expanding globally. This is more so true in developing nations where construction and urbanization are rapidly on the rise. It gives more complete and multi-level security to companies due to increasing integration of modern access control systems with intrusion detection, video surveillance, and fire alarm systems.
US Access Control Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 9.18 Billion
Largest Segment
Hardware
Fastest Growth
Software
Growth Rate
8% CAGR
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Global Access Control Market is segmented by offering, type, end user and region. Based on offering, the market is segmented into hardware (card readers, biometric readers, electronic locks), software (on-premises, cloud-based) and services (professional services, managed services). Based on type, the market is segmented into discretionary access control (DAC), mandatory access control (MAC), role-based access control (RBAC), attribute-based access control (ABAC) and identity-based access control (IBAC). Based on end user, the market is segmented into commercial, residential, government, industrial, transport & logistics, healthcare, military & defense, education, retail & e-commerce, critical infrastructure and hospitality & entertainment. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Access Control Market Analysis by Offering
Based on the 2024 global access control market forecast, the hardware segment dominated the market by more than 45.0% across the globe. Rapidly growing technological developments, increasing the threat of criminal activities, and stringent governmental requirements are among the reasons fueling this phenomenon. More extensive uses of biometric devices are in the present days, such as iris scanners, fingerprint scanners, and facial recognition systems, developed with high accuracy ratings and safety enhancements. These hardware solutions are utilized in several sectors where access is required to be secure, including government institutions, healthcare, and financial organizations. As companies make security an absolute priority, the demand for biometric hardware is expected to rise even higher, thus making revenues for the hardware business high.
The widespread adoption of cloud-based access control solutions is expected to drive the high CAGR of the software segment in during the forecast period. The pros of such solutions; scalability, reduced capital expense, and manageability of remote access will continually make the systems stand as an enticing solution for those businesses that seek effective security flexible solutions. Besides, optimization of access control systems is increasingly relying on very advanced software with applications of cutting-edge technology such as artificial intelligence, machine learning, and big data analytics. These developments are important to the security infrastructures of today, as they make real-time detection of threats, predictive security measures, and automated access control possible. As these features become better known, so too will the software market grow dramatically.
Access Control Market Analysis by End Use
As per the 2024 global access control market analysis, the largest share of market revenue was in the business & enterprise environments category. Business and enterprise environments cover an extensive variety of companies and sectors, where control over employee access, protection of sensitive locations, and protection of company data all call for access control solutions. Besides, to enable multiple users and various types of access rights, organizations and firms often require highly scalable access control systems. There is great demand for access control solutions since the need to modernize the security infrastructure as well as introducing new technologies necessitates continuing costs and propels growth in business & enterprise segments.
The health & life sciences category would witness the greatest CAGR during the projection period. As cyberattacks on health data increase, so does the requirement for sophisticated access control systems that ensure the safe handling of sensitive data, such as electronic health records, to avoid unwanted access. In addition, with the development of healthcare organizations such as clinics, hospitals, research laboratories, and long-term care facilities, scalable and all-encompassing access control systems have become inevitable. Thus, the facility expansion, increased cybersecurity threats, growing regulatory standards, demands by patients for protection, improvement of technology, and promoting operational efficiency account for the overall growth of this healthcare & life sciences sector across the global market.
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In 2024, North America accounted for more than 38.0% of revenue share in the access control industry. The need for better security has grown exponentially with the growing concern over workplace violence, school shootings, and public and private crime. The region's security is also improved through the adoption of advanced technologies such as machine learning and AI in access control systems. Any dangers are thus reduced rapidly as these technologies are characterized by automated decision-making, predictive analytics, and real-time danger monitoring. Owing to its continued focus on safety and technical innovation, North America is a leading force in the access control market.
The need for robust cybersecurity is fueling better security, which is one of the primary drivers of the growth of the European access control industry. The need for effective security solutions is increasing due to increasing concerns over general crime, school shootings, and workplace violence. Modern technologies such as AI and machine learning significantly enhance safety in accessing control systems. Since it allows for automating decision-making predictive analytics for real-time detection of threats, it ensures that potential threats to security can be identified and countered in the fastest possible manner. Due to these requirements, safety features, and innovative technology, the European access control market is increasingly growing.
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Access Control Market Driver
Increasing Use of Biometric Verification
Increasing Demand for Regulations
Access Control Market Restraints
Data Privacy Issues & Misuse
Lack of Knowledge and Awareness
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Axis Communications AB, ASSA ABLOY, and Allegion are some major access control companies. Organizations dealing with the access control market have much reliance on their outreach to prospective customers and creating a competitive edge. These then resort to various strategic initiatives such as joint ventures, mergers and acquisitions, partnerships, new technologies, and products.
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global access control market is presently undergoing dynamic shifts in terms of technology advancement, raising security requirements, and time-dependent regulatory requirements. Mobile access control systems with AI-powered features will influence how businesses secure their buildings and data. The required level or demand for access solutions has been increasing day by day because of issues such as privacy, high cost of implementation, and complexities regarding integration. Major industries have their focus on innovations to serve different purposes set up for various sectors such as healthcare, government, finance, and education. The future scenario would be towards more intelligent and seamless systems that would serve to advance the security and user experience across a variety of industries.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 9.18 Billion |
Market size value in 2032 | USD 18.36 Billion |
Growth Rate | 8% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Access Control Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Access Control Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Access Control Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Access Control Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Access Control Market size was valued at USD 9.18 Billion in 2023 and is poised to grow from USD 9.91 Billion in 2024 to USD 18.36 Billion by 2032, growing at a CAGR of 8% during the forecast period (2025-2032).
Key vendors in Access Control Market are: 'ASSA ABLOY AB ', 'dormakaba Group ', 'Johnson Controls International plc ', 'Allegion plc ', 'Honeywell International Inc. ', 'Bosch Security Systems GmbH ', 'Thales Group ', 'Identiv, Inc. ', 'Nedap N.V. ', 'Suprema Inc. ', 'NEC Corporation ', 'Axis Communications AB ', 'IDEMIA ', 'Brivo Systems, LLC ', 'Gallagher Group Limited ', 'SALTO Systems, S.L. ', 'Schneider Electric SE ', 'Panasonic Corporation ', 'AMAG Technology ', 'Gunnebo Safe Storage AB'
Many health, government, and finance companies are adopting the use of fingerprint, face recognition, and iris scanning biometric authentication technology in their systems. The demand for biometric access control systems is growing due to their increased security features and high accuracy. These systems are intended for security areas and provide protection to areas where identification of users is required in a secure manner.
The business sector's focus on organizational mobility practices has changed as a result of the rising use of smartphones and other mobile devices. The need for mobile technology has increased due to the dramatic shift toward business mobility. According to a 2021 HID Global report, 54% of organizations will switch to mobile access control systems within the next three years. One of the most well-liked items in mobile-based solutions is mobile credentials. Most authentication cards are not encrypted and can be simply duplicated. As a result, credential ecosystems built on SEO technology are becoming increasingly popular across sectors.
With USD 3.81 billion in sales in 2021, North America topped the world market. Significant investment in wireless networks and security solutions is credited with this supremacy. The need for wireless access management systems is increasing as a result of the established surveillance infrastructure. Due to widespread smartphone use in the country, a mobile access management system is required. The industry is also expanding as a result of widespread usage of cloud computing and IoT-based solutions. In addition, the market expansion is predicted to be aided by the presence of many significant players in North America, including Genetec Inc., Honeywell International Inc., and Identiv, Inc.
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Report ID: SQMIG50B2019
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