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Access Control Market by Component (Hardware Card-Based Readers, Biometric Readers, Electronic Locks, Controllers, and Software), Service (Installation, Maintenance, & ACaaS), Vertical, and Geography - Global Forecast to 2024

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Date: 25-Feb-2019
No. of pages: 208
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“Access control market to grow at 8.24% CAGR from 2018 to 2024”

The access control market is expected to grow from USD 7.5 billion in 2018 to USD 12.1 billion by 2024, at a CAGR of 8.24% from 2018 to 2024. The growth of this market is mainly driven by high adoption of access control solutions owing to increasing crime rates globally; technological advancements and deployment of wireless technology in security systems; and adoption of IoT-based security systems with cloud computing platforms. The adoption of access control as a service (ACaaS); implementation of mobile-based access control; and increasing urbanization in emerging countries are the major opportunities for the growth of the access control market. However, high cost and perception of unreliability restrain the market’s growth.

“Residential vertical to hold significant share of access control market by 2024”

The access control market for the residential vertical is expected to grow at the highest CAGR from 2018 to 2024. In smart homes, access control systems are used to enhance security. The key factors contributing to the growth of this market include the rise in crime rates, ongoing technological advancements, increasing need for hazards detection such as fire and gas leaks, and ensuring the safety of children at home. The growing smart home market will lead the demand for access control solutions in the residential sector.

“North America to be largest access control market by 2024”

North America is expected to hold the largest share of the access control market during the forecast period. Increasing cyber and malware attacks in the region have compelled several governments and security agencies to enhance security features in their transactions through the deployment of RFID and biometric technologies, which is further contributing to the overall growth of access control market. The presence of key players is another key factor for the growth of the access control market in this region.

Breakdown of profiles of primary participants:


  • By Company: Tier 1 -30%, Tier 2 -35%, and Tier 3 -35%

  • By Designation: C-Level Executives -35%, Director Level-40%, andOthers-25%

  • By Region: North America -35%, Europe -30%, APAC -30%, and RoW -5%


Major players profiled:


  • ASSA ABLOY AB (Sweden)

  • Johnson Controls International plc (Ireland)

  • dormakaba Holding AG (Switzerland)

  • Allegion plc (Ireland)

  • Honeywell Security Group (US)

  • Identiv, Inc. (US)

  • Nedap N.V. (Netherlands)

  • Suprema HQ Inc. (South Korea)

  • Bosch Security Systems Inc. (US)

  • Gemalto N.V. (Netherlands)


Research Coverage

This report offers detailed insights into the access control market, segmented based on component, service, vertical, and region. By component, the access control market has been segmented into card-based readers, biometrics readers, multi-technology readers, electronic locks, controllers, and others. By service, the market has been segmented into installation and integration and support; and maintenance services. By vertical, the access control market has been segmented into commercial, military and defense, government, residential, educational, healthcare, manufacturing and industrial, and transportation. The study also forecasts the size of the market segmented on the basis of4regions—North America, Europe, APAC, and RoW.

Reasons to buy the report    

The report would help the market leaders/new entrants in the following ways:


  • This report segments the access control market comprehensively and provides the closest approximations of the overall and segment-based market sizes across different components, services, verticals, and regions.

  • The report would help stakeholders understand the pulse of the market and provide them with information on key drivers, restraints, challenges, and opportunities for the growth of the market.

  • This report would help stakeholders understand their competitors better and gain more insights to enhance their market position. The competitive landscape section includes competitor ecosystem, along with product launches, mergers and acquisitions, partnerships, and contracts strategies implemented by the major players in the market.

Access Control Market by Component (Hardware Card-Based Readers, Biometric Readers, Electronic Locks, Controllers, and Software), Service (Installation, Maintenance, & ACaaS), Vertical, and Geography - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Definition
1.3 Markets Segmentation
1.3.1 Geographic Scope
1.3.2 Years Considered
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1.1 Research Data
2.1.2 Secondary Data
2.1.2.1 Major Secondary Sources
2.1.2.2 Secondary Sources
2.1.3 Primary Data
2.1.3.1 Primary Interviews With Experts
2.1.3.2 Key Data From Primary Sources
2.1.3.3 Key Industry Insights
2.1.3.4 Breakdown of Primaries
2.1.4 Secondary and Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Access Control Market
4.2 Access Control Market, By Component and Service
4.3 Access Control Market in North America, Vertical and Country
4.4 Access Control Market, By Country

5 Market Overview
5.1 Introduction
5.1.1 Drivers
5.1.1.1 High Adoption of Access Control Solutions Owing to Increasing Crime Rates Globally
5.1.1.2 Technological Advancements and Deployment of Wireless Technology in Security Systems
5.1.1.3 Adoption of Iot-Based Security Systems With Cloud Computing Platforms
5.1.2 Restraints
5.1.2.1 High Cost and Perception of Unreliability
5.1.2.2 Less Awareness Among Users About Advanced Security Solutions
5.1.3 Opportunities
5.1.3.1 Adoption of Access Control as A Service (ACaaS)
5.1.3.2 Implementation of Mobile-Based Access Control
5.1.3.3 Increasing Urbanization in Emerging Countries
5.1.4 Challenges
5.1.4.1 Security Concerns Related to Unauthorized Access and Data Breach in Access Control Environment
5.2 Value Chain Analysis

6 Access Control Models (Qualitative)
6.1 Introduction
6.2 Discretionary Access Control (DAC)
6.3 Mandatory Access Control (MAC)
6.4 Role-Based Access Control (RBAC)

7 Access Control Systems (Qualitative)
7.1 Introduction
7.2 Physical Access Control
7.3 Electronic Access Control
7.4 Logical Access Control
7.5 Network Access Control
7.6 Mobile Access Control

8 Access Control Market, By Component and Service
8.1 Introduction
8.2 Hardware Components
8.2.1 Card-Based Readers
8.2.1.1 Card-Based Readers Held Largest Market Share in 2017
8.2.1.2 Magnetic Stripe Readers
8.2.1.3 Proximity Card Readers
8.2.1.4 Smart Card Readers
8.2.1.4.1 Contact Smart Cards
8.2.1.4.2 Contactless
8.2.2 Biometric Readers
8.2.2.1 Biometric Readers Expected to Grow at Highest CAGR During Forecast Period
8.2.2.2 Fingerprint Recognition
8.2.2.3 Palm Recognition
8.2.2.4 Iris Recognition
8.2.2.5 Facial Recognition
8.2.2.6 Voice Recognition
8.2.3 Multi-Technology Readers
8.2.4 Electronic Locks
8.2.4.1 Electromagnetic Locks
8.2.4.2 Electric Strike Locks
8.2.4.3 Smart Locks
8.2.4.3.1 Smart Locks Expected to Grow at Highest CAGR During Forecast Period
8.2.5 Controllers
8.2.5.1 Serial Access Controllers
8.2.5.2 Ip Access Controllers
8.2.6 Others
8.3 Software (Management System and Others)
8.4 Services
8.4.1 Installation & Integration
8.4.2 Support & Maintenance Services

9 Access Control as A Service Market
9.1 Introduction
9.2 Access Control as A Service (ACaaS)
9.2.1.1 Hosted ACaaS
9.2.1.2 Managed ACaaS
9.2.1.3 Hybrid ACaaS

10 Access Control Market, By Vertical
10.1 Introduction
10.2 Commercial
10.2.1 Enterprises and Data Centers
10.2.1.1 Commercial Access Control Market for Enterprises and Data Centers Expected to Grow at Highest CAGR During Forecast Period
10.2.2 Banks and Financial Centers
10.2.3 Hotels, Stadiums, and Amusement Parks
10.2.4 Retail Stores and Malls
10.3 Military & Defense
10.3.1 Need of High Secure Environment Lead the Demand for Access Control Solutions in Defense Vertical
10.4 Governmental
10.4.1 Government Vertical Held Second-Largest Market Share in 2017
10.5 Residential
10.5.1 Residential Vertical Expected to Grow at Highest CAGR During Forecast Period
10.6 Education
10.7 Healthcare
10.7.1 Healthcare is A Prominent Vertical for Biometrics Access Control Solutions
10.8 Manufacturing and Industrial
10.8.1 Industrial Vertical is Adopting Access Control Solutions to Provide Secure Environment
10.9 Transportation

11 Geographic Analysis
11.1 Introduction
11.2 North America
11.2.1 US
11.2.1.1 US Accounted for Largest Share of Access Control Market in North America
11.2.2 Canada
11.2.2.1 The Adoption of High-Security Solutions Lead the Access Control Market in Canada
11.2.3 Mexico
11.2.3.1 Growth Opportunities for Home Automation and Security to Make Access Control Market Lucrative in Mexico
11.3 Europe
11.3.1 UK
11.3.1.1 Market in UK to Grow at Highest CAGR During Forecast Period
11.3.2 Germany
11.3.2.1 Growing Demand for Biometric Solutions Drives Access Control Market in Germany
11.3.3 France
11.3.3.1 Growing Terrorist Activities Drive French Access Control Market
11.3.4 Rest of Europe
11.4 APAC
11.4.1 China
11.4.1.1 China Accounted for Largest Share of Access Control Market in APAC in 2017
11.4.2 Japan
11.4.2.1 With Growing Economy and Increasing Security Threats, Access Control Market is Expected to Witness High Growth in Japan
11.4.3 India
11.4.3.1 Increasing Security Concerns and Urbanization Boost Indian Access Control Market
11.4.4 South Korea
11.4.4.1 Owing Increasing Need for Security Solutions, South Korea Adopts Access Control Solutions
11.4.5 Rest of APAC
11.5 RoW
11.5.1 Middle East & Africa
11.5.1.1 Growing Government Security Initiatives Boost Region’s Access Control Market
11.5.2 South America

12 Competitive Landscape
12.1 Introduction
12.2 Market Player Ranking Analysis
12.3 Competitive Leadership Mapping
12.3.1 Visionary Leaders
12.3.2 Dynamic Differentiators
12.3.3 Innovators
12.3.4 Emerging Companies
12.4 Competitive Benchmarking
12.4.1 Strength of Product Portfolio (25 Companies)
12.4.2 Business Strategy Excellence (25) Companies
12.5 Competitive Scenario
12.6 Competitive Situations & Trends
12.6.1 Product Launches/Developments
12.6.2 Mergers and Acquisitions
12.6.3 Collaborations/Contracts/Agreements/Partnerships
12.6.4 Expansions

13 Company Profiles
13.1 Introduction
13.2 Assa Abloy AB
13.2.1 Business Overview
13.2.2 Products Offered
13.2.3 Recent Developments
13.2.4 MnM View
13.2.5 SWOT Analysis
13.3 Dormakaba Holding AG
13.3.1 Business Overview
13.3.2 Products Offered
13.3.3 Recent Developments
13.3.4 MnM View
13.3.5 SWOT Analysis
13.4 Johnson Controls International PLC
13.4.1 Business Overview
13.4.2 Products Offered
13.4.3 Recent Developments
13.4.4 MnM View
13.4.5 SWOT Analysis
13.5 Allegion PLC
13.5.1 Business Overview
13.5.2 Products Offered
13.5.3 Recent Developments
13.5.4 MnM View
13.5.5 SWOT Analysis
13.6 Honeywell Security Group
13.6.1 Business Overview
13.6.2 Products Offered
13.6.3 Recent Developments
13.6.4 MnM View
13.6.5 SWOT Analysis
13.7 Identiv, Inc.
13.7.1 Business Overview
13.7.2 Products Offered
13.7.3 Recent Developments
13.7.4 MnM View
13.8 Nedap N.V.
13.8.1 Business Overview
13.8.2 Products Offered
13.8.3 Recent Developments
13.8.4 MnM View
13.9 Suprema Hq Inc.
13.9.1 Business Overview
13.9.2 Products Offered
13.9.3 Recent Developments
13.9.4 MnM View
13.10 Bosch Security Systems Inc.
13.10.1 Business Overview
13.10.2 Products Offered
13.10.3 Recent Developments
13.10.4 MnM View
13.11 Gemlato N.V.
13.11.1 Business Overview
13.11.2 Products Offered
13.11.3 Recent Developments
13.11.4 MnM View
13.12 Other Companies
13.12.1 Amag Technology, Inc.
13.12.2 Axis Communications AB
13.12.3 Gunnebo AB
13.12.4 NEC Corporation
13.12.5 Gallagher Group Limited
13.12.6 Adman Technologies Pvt. Ltd
13.12.7 Brivo, Inc.
13.12.8 Salto Systems S.L.
13.12.9 Ot-Morpho
13.12.10 Vanderbilt Industries

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Available Customizations
14.5 Related Reports

List of Tables

Table 1 Top 10 Countries With Highest Number of Terror Attacks and Fatalities, 2016
Table 2 Access Control Market, By Component and Service, 2015–2024 (USD Million)
Table 3 Access Control Market, By Hardware Component, 2015–2024 (USD Million)
Table 4 Access Control Market for Hardware Components, By Region, 2015–2024 (USD Million)
Table 5 Access Control Market for Card-Based Readers, By Type, 2015–2024 (USD Million)
Table 6 Access Control Market for Card-Based Readers, By Type, 2015–2024 (Thousand Units)
Table 7 Access Control Market for Card-Based Readers, By Region, 2015–2024 (USD Million)
Table 8 Access Control Market for Smart Card Readers, By Type, 2015–2024 (USD Million)
Table 9 Access Control Market for Biometric Readers, By Type, 2015–2024 (USD Million)
Table 10 Access Control Market for Biometric Readers, By Type, 2015–2024 (Thousand Units)
Table 11 Access Control Market for Biometric Readers, By Region, 2015–2024 (USD Million)
Table 12 Access Control Market for Multi-Technology Readers, By Region, 2015–2024 (USD Million)
Table 13 Access Control Market for Electronic Locks, By Type, 2015–2024 (USD Million)
Table 14 Access Control Market for Electronic Locks, By Type , 2015–2024 (Thousand Units)
Table 15 Access Control Market for Electronic Locks, By Region, 2015–2024 (USD Million)
Table 16 Access Control Market for Controllers, By Type, 2015–2024 (USD Million)
Table 17 Access Control Market for Controllers, By Region, 2015–2024 (USD Million)
Table 18 Access Control Market for Other Hardware Components, By Region, 2015–2024 (USD Million)
Table 19 Access Control Market, By Software Component, 2015–2024 (USD Million)
Table 20 Access Control Market for Software Component, By Region, 2015–2024 (USD Million)
Table 21 Access Control Market, By Service, 2015–2024 (USD Million)
Table 22 Access Control Market for Services, By Region, 2015–2024 (USD Million)
Table 23 Access Control Market for Installation & Integration Services, By Region, 2015–2024 (USD Million)
Table 24 Access Control Market for Support & Maintenance Services, By Region, 2015–2024 (USD Million)
Table 25 Access Control as A Service Market, By Service, 2015–2024 (USD Million)
Table 26 Access Control as A Service Market, By Vertical, 2015–2024 (USD Million)
Table 27 Access Control as A Service Market, By Region, 2015–2024 (USD Million)
Table 28 Access Control as A Service Market for Hosted Services, By Region, 2015–2024 (USD Million)
Table 29 Access Control as A Service Market for Managed Services, By Region, 2015–2024 (USD Million)
Table 30 Access Control Market for Hybrid Services, By Region, 2015–2024 (USD Million)
Table 31 Access Control Market, By Vertical, 2015–2024 (USD Million)
Table 32 Access Control Market for Commercial Vertical, By Type, 2015–2024 (USD Million)
Table 33 Access Control Market for Commercial Vertical, By Region, 2015–2024 (USD Million)
Table 34 Access Control Market for Military & Defense Vertical, By Region, 2015–2024 (USD Million)
Table 35 Access Control Market for Government Vertical, By Region, 2015–2024 (USD Million)
Table 36 Access Control Market for Residential Vertical, By Region, 2015–2024 (USD Million)
Table 37 Access Control Market for Education Vertical, By Region, 2015–2024 (USD Million)
Table 38 Access Control Market for Healthcare Vertical, By Region, 2015–2024 (USD Million)
Table 39 Access Control Market for Manufacturing & Industrial Vertical, By Region, 2015–2024 (USD Million)
Table 40 Access Control Market for Transportation Vertical, By Region, 2015–2024 (USD Million)
Table 41 Access Control Market, By Region, 2015–2024 (USD Million)
Table 42 Access Control Market in North America, By Component and Service, 2015–2024 (USD Million)
Table 43 Access Control Market in North America for Hardware, By Type, 2015–2024 (USD Million)
Table 44 Access Control Market in North America for Services, By Type, 2015–2024 (USD Million)
Table 45 Access Control Market in North America, By Vertical, 2015–2024 (USD Million)
Table 46 Access Control Market in North America, By Country, 2015–2024 (USD Million)
Table 47 Access Control Market in Europe, By Component and Service, 2015–2024 (USD Million)
Table 48 Access Control Market in Europe for Hardware, By Type, 2015–2024 (USD Million)
Table 49 Access Control Market in Europe for Services, By Type, 2015–2024 (USD Million)
Table 50 Access Control Market in Europe, By Vertical, 2015–2024 (USD Million)
Table 51 Access Control Market in Europe, By Country, 2015–2024 (USD Million)
Table 52 Access Control Market in APAC, By Component and Service, 2015–2024 (USD Million)
Table 53 Access Control Market in APAC for Hardware, By Type, 2015–2024 (USD Million)
Table 54 Access Control Market in APAC for Services, By Type, 2015–2024 (USD Million)
Table 55 Access Control Market in APAC, By Vertical, 2015–2024 (USD Million)
Table 56 Access Control Market in APAC, By Country, 2015–2024 (USD Million)
Table 57 Access Control Market in RoW, By Component and Service, 2015–2024 (USD Million)
Table 58 Access Control Market in RoW for Hardware, By Type, 2015–2024 (USD Million)
Table 59 Access Control Market in RoW for Services, By Type, 2015–2024 (USD Million)
Table 60 Access Control Market in RoW, By Vertical, 2015–2024 (USD Million)
Table 61 Access Control Market in RoW, By Region, 2015–2024 (USD Million)
Table 62 Product Launches/Developments (2015–2018)
Table 63 Mergers and Acquisitions (2015–2018)
Table 64 Collaborations/Contracts/Agreements/Partnerships (2015–2018)
Table 65 Expansions (2016–2018)

List of Figures

Figure 1 Access Control Market : Segmentation
Figure 2 Access Control as A Service Market
Figure 3 Access Control Market: Research Design
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Assumptions for Research Study
Figure 7 Access Control Market, 2015–2024 (USD Billion)
Figure 8 Access Control Market, By Hardware Component (2018 vs 2024)
Figure 9 Support and Maintenance Services Held Major Share of Access Control Market in 2018
Figure 10 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024
Figure 11 APAC Held Largest Share of Access Control Market in 2018
Figure 12 Growing Worldwide Demand for Security Solutions to Boost Access Control Market During Forecast Period
Figure 13 Access Control Market for Software Components Expected to Grow at Highest CAGR From 2018 to 2024
Figure 14 Card-Based Readers to Hold Largest Share of Access Control Market By 2023
Figure 15 Commercial Vertical and US Accounted for Largest Shares of Access Control Market in North America in 2017
Figure 16 Access Control Market in China to Grow at Highest CAGR From 2018 to 2024
Figure 17 High Adoption of Access Control Solutions Owing to Increasing Crime Rates Driving Growth of Access Control Market
Figure 18 Major Value Added By Original Equipment Manufacturers and Security and Management Software Providers
Figure 19 Access Control Software Market Expected to Grow at Highest CAGR From 2018 to 2024
Figure 20 Card-Based Readers Expected to Lead Market From 2018 to 2024
Figure 21 Access Control Market for Smart Locks Expected to Grow at Highest CAGR From 2018 to 2024
Figure 22 Access Control Market for Support Maintenance Services to Grow at Higher CAGR From 2018 to 2024
Figure 23 ACaaS Market, 2015–2024 (USD Million)
Figure 24 Hybrid ACaaS Market Expected to Grow at Highest CAGR From 2018 and 2024
Figure 25 Access Control Market for Residential Vertical Expected to Grow at Highest CAGR From 2018 to 2024
Figure 26 Access Control Market for Enterprises & Data Centers Expected to Grow at Highest CAGR From 2018 to 2024
Figure 27 Access Control Market for Manufacturing & Industrial Vertical in APAC to Grow at Highest CAGR From 2018 to 2024
Figure 28 Geographic Snapshot: Access Control Market in APAC Expected to Witness Highest CAGR From 2018 to 2024
Figure 29 North America to Dominate the Market During Forecast Period
Figure 30 North America: Access Control Market Snapshot
Figure 31 Europe: Access Control Market Snapshot
Figure 32 APAC: Access Control Market Snapshot
Figure 33 Companies Adopted Product Launches/Developments as Key Growth Strategies During 2015–2018
Figure 34 Assa Abloy AB (Sweden) Lead Access Control Market in 2017
Figure 35 Access Control Market (Global) Competitive Leadership Mapping, 2017
Figure 36 Evaluation Framework: Access Control Market
Figure 37 Geographic Revenue Mix of Leading Players
Figure 38 Assa Abloy AB: Company Snapshot
Figure 39 Assa Abloy: SWOT Analysis
Figure 40 Dormakaba Holding AG: Company Snapshot
Figure 41 Dormakaba Holding AG: SWOT Analysis
Figure 42 Johnson Controls International PLC: Company Snapshot
Figure 43 Johnson Controls International PLC: SWOT Analysis
Figure 44 Allegion PLC: Company Snapshot
Figure 45 Allegion PLC: SWOT Analysis
Figure 46 Honeywell International Inc.: Company Snapshot
Figure 47 Honeywell Security Group: SWOT Analysis
Figure 48 Identiv, Inc.: Company Snapshot
Figure 49 Nedap N.V.: Company Snapshot
Figure 50 Suprema Hq Inc. : Company Snapshot
Figure 51 Bosch Security Systems Inc.: Company Snapshot
Figure 52 Gemalto N.V.: Company SnapshotX

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