Access Control and Authentication Market – Industry Analysis and Forecast (2023-2029)

Access Control and Authentication Market size is expected to reach nearly US$ 159.87 Bn by 2029 with the CAGR of 12.5% during the forecast period.

Access Control and Authentication Market Overview:

Due to increasing crime rates globally, public security is a growing challenge. Various regulatory bodies across the globe have imposed policies and compliances for security, which have led to an increased investments on security system such as access control and authentication by private companies and government organisations. Access control and Authentication play a major role in urban security, by enabling various end users to exercise greater control over their domains. The most effective way of protecting personnel and assets from theft or harm is to limit physical and virtual access to only those individuals who can be identified and authenticated. Increasing need for safety and security is expected to drive the global market growth over the forecast period.Access Control and Authentication MarketTo know about the Research Methodology :- Request Free Sample Report However factors such as lack of awareness and high cost associated with advanced security solutions are restraining the growth of global market.

Access Control and Authentication Market Segmentation Analysis

Global Access control and Authentication market is segmented by product type, by Vertical, and by Geography, By product type global market is segmented into Electronic Access Control, Biometrics, Card-based Access Control, Radio frequency Identification, Automatic Number Plate Recognition, and Document Reader. Electronic access control segment is expected to lead the market at a CAGR of xx% over forecast period. Electronics access control system comprises card-based access systems, radio frequency identification, and biometrics. Various End users such Transportation and Logistics, Banking, Financial services and Insurance (BFSI), Government and Public Sector, Utilities and Energy, IT & Telecom sector, Industrial, Retail, Healthcare, Educational Institutions, Others are using access control and authentication for personalisation.

Access Control and Authentication Market Regional Analysis

By geography, global market is segmented into North America, Europe, MEA and Africa, APAC and Latin America. North America is expected to exhibit highest market share of global market at a CAGR of xx% over forecast period thanks to the high government and private player’s investments for public security. Moreover, increasing security budget for protection of important private infrastructure and government institutes across countries in the North Aamerican region is expected to drive the regional demands for such security systems. Moreover, Asia Pacific is expected to register significant market share in terms of revenue over the forecast period, owing to increasing investment in technologically advanced security solutions by various private as well as government sectors in countries such as Japan, China, India etc. in this region. The objective of the report is to present a complete calculation of the global market and contains thoughtful insights, historical data, facts, industry-validated market data and plans with a suitable set of assumptions and methodology. The report also helps in the global market is a dynamic structure by identifying and analysing the market segments and project the global market size. The additional, report also focuses on the competitive analysis of key player’s by-product, financial position, price, product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the global access control and authentication market.

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Access Control and Authentication Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 70.09 Bn.
Forecast Period 2023 to 2029 CAGR: 12.5% Market Size in 2029: US $ 159.87 Bn.
Segments Covered: by Product Type Electronic Access Control Biometrics Card-based Access Control Radio frequency Identification Automatic Number Plate Recognition Document Reader
by Application Residential & Commercial Government & Public Sector BFSI IT & Telecom Retail Healthcare Military & Defense Manufacturing Hospitality Education Others
by End Users Transportation and Logistics Banking Financial services and Insurance (BFSI) Government and Public Sector Utilities and Energy IT & Telecom sector Industrial Retail Healthcare Educational Institutions Others

Access Control and Authentication Market Segmentation, by Region

Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Key Players are:

1. Bosch Security Systems Inc. 2. Canon Inc. 3. Genetec Inc. 4. NDI Recognition Systems Ltd 5. Panasonic Systems Network Co. Ltd 6. Q-Free ASA 7. Tattile S.r.l 8. Access Ltd (Access-IS) 9. Zhejiang Dahua Technologies Co. Ltd. 10. Honeywell International Inc. 11. Morpho Safran Inc. 12. Suprema Inc. 13. Cisco Systems Inc. 14. Pelco Inc (Schneider Electric) 15. 3M Company 16. Panasonic Corporation, 17. Axis Communications 18. Pelco Inc. 19. Cisco, Access Ltd. 20. Suprema Inc. 21. Canon Inc. 22. Genetec Inc

Frequently Asked Questions:

1. Which region has the largest share in Global Access Control and Authentication Market? Ans: North America region holds the highest share in 2022. 2. What is the growth rate of Global Access Control and Authentication Market? Ans: The Global Access Control and Authentication Market is growing at a CAGR of 12.5% during forecasting period 2023-2029. 3. What is scope of the Global Access Control and Authentication market report? Ans: Global Access Control and Authentication Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Access Control and Authentication market? Ans: The important key players in the Global Access Control and Authentication Market are – Bosch Security Systems Inc., Canon Inc., Genetec Inc., NDI Recognition Systems Ltd, Panasonic Systems Network Co. Ltd, Q-Free ASA, Tattile S.r.l, Access Ltd (Access-IS), Zhejiang Dahua Technologies Co. Ltd., Honeywell International Inc., Morpho Safran Inc., Suprema Inc., and Cisco Systems Inc. 5. What is the study period of this market? Ans: The Global Access Control and Authentication Market is studied from 2022 to 2029.
1. Global Access Control and Authentication Market: Research Methodology 2. Global Access Control and Authentication Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Access Control and Authentication Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Access Control and Authentication Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Access Control and Authentication Market Segmentation 4.1 Global Access Control and Authentication Market, by Type (2022-2029) • Electronic Access Control • Biometrics • Card-based Access Control • Radio frequency Identification • Automatic Number Plate Recognition • Document Reader 4.2 Global Access Control and Authentication Market, by End Users (2022-2029) • Transportation and Logistics • Banking • Financial services and Insurance (BFSI) • Government and Public Sector • Utilities and Energy • IT & Telecom sector • Industrial • Retail • Healthcare • Educational Institutions • Others 4.3 Global Access Control and Authentication Market, by Application (2022-2029) • Residential & Commercial • Government & Public Sector • BFSI • IT & Telecom • Retail • Healthcare • Military & Defense • Manufacturing • Hospitality • Education • Others 5. North America Access Control and Authentication Market(2022-2029) 5.1 North America Access Control and Authentication Market, by Type (2022-2029) • Electronic Access Control • Biometrics • Card-based Access Control • Radio frequency Identification • Automatic Number Plate Recognition • Document Reader 5.2 North America Access Control and Authentication Market, by End Users (2022-2029) • Transportation and Logistics • Banking • Financial services and Insurance (BFSI) • Government and Public Sector • Utilities and Energy • IT & Telecom sector • Industrial • Retail • Healthcare • Educational Institutions • Others 5.3 North America Access Control and Authentication Market, by Application (2022-2029) • Residential & Commercial • Government & Public Sector • BFSI • IT & Telecom • Retail • Healthcare • Military & Defense • Manufacturing • Hospitality • Education • Others 5.4 North America Access Control and Authentication Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Access Control and Authentication Market (2022-2029) 6.1. European Access Control and Authentication Market, by Type (2022-2029) 6.2. European Access Control and Authentication Market, by End Users (2022-2029) 6.3. European Access Control and Authentication Market, by Application (2022-2029) 6.4. European Access Control and Authentication Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Access Control and Authentication Market (2022-2029) 7.1. Asia Pacific Access Control and Authentication Market, by Type (2022-2029) 7.2. Asia Pacific Access Control and Authentication Market, by End Users (2022-2029) 7.3. Asia Pacific Access Control and Authentication Market, by Application (2022-2029) 7.4. Asia Pacific Access Control and Authentication Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Access Control and Authentication Market (2022-2029) 8.1 Middle East and Africa Access Control and Authentication Market, by Type (2022-2029) 8.2. Middle East and Africa Access Control and Authentication Market, by End Users (2022-2029) 8.3. Middle East and Africa Access Control and Authentication Market, by Application (2022-2029) 8.4. Middle East and Africa Access Control and Authentication Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Access Control and Authentication Market (2022-2029) 9.1. South America Access Control and Authentication Market, by Type (2022-2029) 9.2. South America Access Control and Authentication Market, by End Users (2022-2029) 9.3. South America Access Control and Authentication Market, by Application (2022-2029) 9.4 South America Access Control and Authentication Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 Bosch Security Systems Inc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Canon Inc. 10.3 Genetec Inc. 10.4 NDI Recognition Systems Ltd 10.5 Panasonic Systems Network Co. Ltd 10.6 Q-Free ASA 10.7 Tattile S.r.l 10.8 Access Ltd (Access-IS) 10.9 Zhejiang Dahua Technologies Co. Ltd. 10.10 Honeywell International Inc. 10.11 Morpho Safran Inc. 10.12 Suprema Inc. 10.13 Cisco Systems Inc. 10.14 Pelco Inc (Schneider Electric) 10.15 3M Company 10.16 Panasonic Corporation, 10.17 Axis Communications 10.18 Pelco Inc. 10.19 Cisco, Access Ltd. 10.20 Suprema Inc.

About This Report

Report ID 35591
Category Automation & Process Control
Published Date June 2023
Updated Date
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