The report of global Access Control as a Service market by Service (Hosted, Managed, Hybrid) Deployment (Public Cloud, Private Cloud, Hybrid Cloud) End-Use Application (Commercial, BFSI, Manufacturing & Industrial, Government Bodies, Residential, Transportation, Healthcare, Education, Utilities, Retail) Region (North America, Europe, Asia Pacific, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Access control as a service is a software service which provides administrators the ability to manage the system and review logs anytime, anywhere, through a web browser. It also enables management of all services in a multi location business from a central location.
Increasing adoption of ACaaS in commercial and IT business is driving the growth of market. Requirement of access control data by IT businesses to improve not only physical security but also business processes and end-user experiences is boosting the growth of ACaaS market.
North America is witnessing the fastest growth at CAGR of XX%.
North America held the largest market share in 2018 and is witnessing the fastest growth at CAGR of XX%. The US and Canada are major key contributors behind the growth of market. This is owing to the presence of large ACaaS services providers and introduction of advanced cloud computing services by these providers across the region. Access control at remote facilities in the energy and utilities industries across the region is also driving the growth of market.
Europe followed by Asia Pacific is expected to witness the steady growth in ACaaS market during forecast period. The UK, France, Germany and developing economies such as India, China and Japan are dominating the market. This is owing to the high cloud readiness across the region. Also growing emergence of IT companies and presence of strong BFSI sector are improving the growth of ACaaS market.
Key players in global access control as a service market are Brivo Inc, Centrify Corporation, Cloudastructure Inc, Datawatch Systems Inc, Digital Hands, dormakaba Group, Feenics, Fleming Companies, Forcefield Systems Inc, Gemalto N.V, Honeywell International Inc, IBM Corporation, Johnson Controls Inc, Kastle Systems, Kisi Inc, M3T Corporation, Microsoft Corporation, Oracle Corporation, Spica International, Symantec Corporation and Vanderbilt Industries Gmbh.
Maximize Market Research, India market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Access Control as a Service Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Access Control as a Service Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explains Global Access Control as a Service Market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Access Control as a Service Market”.
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