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


Access Control Readers Market was worth US$ 3.77 Bn in 2022 and total revenue is expected to grow at a rate of 12% CAGR from 2022 to 2029, reaching almost US$ 8.34 Bn. in 2029.

Access Control Readers Market Overview:

The process of controlling authorized individuals' access to a property, a building, or a room is known as access control. A human (guard, bouncer, or receptionist) or mechanical (locks and keys) entry control system can be used (access control systems, such as a mantra).In certain contexts, physical key management can also be utilized to manage and monitor mechanical access to or access to select small assets.Access Control Readers MarketTo know about the Research Methodology :- Request Free Sample Report

Access Control Readers Market Dynamics:

The access control reader market is expected to grow at a faster rate owing to rising demand for integrated systems and user security concerns. Major growth drivers for the access control reader market are expected to include improved secure identity management, increasing demand for enhanced security, and contactless interfaces to improve smart card use. Rapid urbanization in emerging economies, on the other hand, will expand the product for access control readers in the forecast period.

The incidences of data hacking and identity theft have increased dramatically as the world becomes more urbanized. Governments' increasing attention on implementing time-based access systems in specific commercial or public locations, together with the growing need for high-alert security systems in worldwide organisations with thousands of employees will drive market growth.

In the forecasted period, market restraints for access control readers include a lack of understanding about advanced security solutions among users, as well as security issues related to unauthorized access.

Artificial intelligence and smart applications such as biometrics and card-based access control systems add value to the business by maintaining high-level security while collecting massive amounts of indirect data on employees. In locations such as server room racks and cabinets, high-security doors with intelligent PACs are being installed; this is an opportunity for the access control reader market.

Access Control Readers Market Segment Analysis:

Based on Type, the market is segmented into Card-based reader, Biometric readers, and multi technology reader. The magnetic stripe, proximity, and smart card readers are all examples of card-based readers. Biometric readers and electronic locks have been shown to be less dependable than card-based readers. One of the key causes for the rise of card-based readers is the rising need for smart and proximity cards to monitor and record employee activities. Magnetic stripes and proximity cards have been shown to be less dependable than smart cards. One of the drivers for the rise of smart card readers is the increasing demand for smart and proximity cards to monitor and record employee activities.

Based on Application, the market is segmented into Commercial, Government and residential. The magnetic stripe, proximity, and smart card readers are all examples of card-based readers. Biometric readers and electronic locks have been shown to be less dependable than card-based readers. One of the key causes for the rise of card-based readers is the rising need for smart and proximity cards to monitor and record employee activities. Magnetic stripes and proximity cards have been shown to be less dependable than smart cards. One of the drivers for the rise of smart card readers is the increasing demand for smart and proximity cards to monitor and record employee activities.

Access Control Readers Market Regional Insights:

Over the forecast period, the Asia-Pacific region is expected to have the largest market size. The market for access control readers is expected to grow as developing economies strive to upgrade their infrastructure. The use of access control readers in small and medium-sized organisations, airports, hospitality firms, ATMs, residential structures, banks, and religious sites are expected to drive the growth of the access control reader market in Asian countries.

In numerous Asian countries, there is increasing industry, commercialization, and demand for security systems. Furthermore, the increasing threat of terrorism and the rise in crime rates are promoting the use of access control systems. Due to the country's high population growth rate, increased investments in digitalization, and increasing R&D activities, China is one of the emerging markets for security systems.

The objective of the report is to present a comprehensive analysis of the global Access Control Readers Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Access Control Readers Market dynamics, structure by analyzing the market segments and projects the global Access Control Readers Market size. Clear representation of competitive analysis of key players by Type, price, and financial position, Type portfolio, growth strategies, and
Regional presence in the global Access Control Readers Market make the report investor’s guide.

Access Control Readers Market Scope: Inquire before buying






Access Control Readers Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US$ 3.77Bn.




Forecast Period 2023 to 2029 CAGR:
12%
Market Size in 2029:
US$ 8.34 Bn.




 Segments Covered:
by Type
• Card based reader
• Biometric reader
• Multi technology reader




by Application
• Commercial
• Government
• Residential






Access Control Readers Market, by Region

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

Access Control Readers Market, Key Players are:

• ASSA ABLOY AB (Sweden)
• Dormakaba Holding AG (Switzerlan)
• Allegion plc (Ireland)
• Identiv, Inc. (US)
• Nedap N.V. (Netherlands)
• Suprema HQ Inc. (South Korea)
• Napco Security Technologies (US)
• Gemalto N.V. (Netherlands)
• Avigilon Corporation (Canda)
• IDEMIA (France)
• Peter Hengstler
• Paxtron Access Ltd. (UK)
• Castles Technology (Taiwan)
• DUALi Inc. (South Korea)
• Salto Systems (Spain)
• Axis Communications (Sweden)
• AMAG Technology (US)
• Pax Technology Ltd. (China)

Frequently Asked Questions:

1. Which region has the largest share in Global Access Control Readers Market?
Ans: Asia-Pacific region holds the highest share in 2022.

2. What is the growth rate of Global Access Control Readers Market?
Ans: The Global Access Control Readers Market is growing at a CAGR of 12% during forecasting period 2023-2029.

3. What is scope of the Global Access Control Readers market report?
Ans: Global Access Control Readers 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 Readers market?
Ans: The important key players in the Global Access Control Readers Market are – , ASSA ABLOY AB (Sweden), Dormakaba Holding AG (Switzerlan), Allegion plc (Ireland), Identiv, Inc. (US), Nedap N.V. (Netherlands), Suprema HQ Inc. (South Korea), Napco Security Technologies (US), Gemalto N.V. (Netherlands), Avigilon Corporation (Canda), IDEMIA (France), Peter Hengstler, Paxtron Access Ltd. (UK), Castles Technology (Taiwan), DUALi Inc. (South Korea), Salto Systems (Spain), Axis Communications (Sweden), AMAG Technology (US), and Pax Technology Ltd. (China).

5. What is the study period of this market?
Ans: The Global Access Control Readers Market is studied from 2022 to 2029. 




1.Preface
1.1. Market Definition and Key Research Objectives
1.2. Research Highlights
2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources
3. Executive Summary: Global Access Control Readers Market Size, by Market Value (US$ Bn)
3.1. Global Market Segmentation
3.2. Global Market Segmentation Share Analysis, 2021
3.2.1. Global
3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
3.3. Geographical Snapshot of the Global Access Control Readers Market
3.4. Geographical Snapshot of the Global Access Control Readers Market , By Manufacturer share
4. Global Access Control Readers Market Overview, 2022-2029
4.1. Market Dynamics
4.1.1. Drivers
4.1.1.1. Global
4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.2. Restraints
4.1.2.1. Global
4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.3. Opportunities
4.1.3.1. Global
4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.4. Challenges
4.1.4.1. Global
4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa)
4.1.5. Industry Trends and Emerging Technologies
4.1.6. Porters Five Forces Analysis
4.1.6.1. Threat of New Entrants
4.1.6.2. Bargaining Type of Buyers/Consumers
4.1.6.3. Bargaining Type of Suppliers
4.1.6.4. Threat of Substitute Type
4.1.6.5. Intensity of Competitive Rivalry
4.1.7. Value Chain Analysis
4.1.8. Technological Roadmap
4.1.9. Regulatory landscape
4.1.10. Impact of the Covid-16 Pandemic on the Global Access Control Readers Market
5. Supply Side and Demand Side Indicators
6. Global Access Control Readers Market Analysis and Forecast, 2022-2029
6.1. Global Access Control Readers Market Size & Y-o-Y Growth Analysis.
7. Global Access Control Readers Market Analysis and Forecasts, 2022-2029
7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
7.1.1. Card based reader
7.1.2. Biometric reader
7.1.3. Multi technology reader
7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
7.2.1. Commercial
7.2.2. Government
7.2.3. Residential
8. Global Access Control Readers Market Analysis and Forecasts, By Region
8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029
8.1.1. North America
8.1.2. Europe
8.1.3. Asia-Pacific
8.1.4. Middle East & Africa
8.1.5. South America
9. North America Global Access Control Readers Market Analysis and Forecasts, 2022-2029
9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
9.1.1. Card based reader
9.1.2. Biometric reader
9.1.3. Multi technology reader
9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
9.2.1. Commercial
9.2.2. Government
9.2.3. Residential
10. North America Global Access Control Readers Market Analysis and Forecasts, By Country
10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
10.1.1. US
10.1.2. Canada
10.1.3. Mexico
11. U.S. Global Access Control Readers Market Analysis and Forecasts, 2022-2029
11.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
12. Canada Global Access Control Readers Market Analysis and Forecasts, 2022-2029
12.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
13. Mexico Global Access Control Readers Market Analysis and Forecasts, 2022-2029
13.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
14. Europe Global Access Control Readers Market Analysis and Forecasts, 2022-2029
14.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
15. Europe Global Access Control Readers Market Analysis and Forecasts, By Country
15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
15.1.1. U.K
15.1.2. France
15.1.3. Germany
15.1.4. Italy
15.1.5. Spain
15.1.6. Sweden
15.1.7. CIS Countries
15.1.8. Rest of Europe
16. U.K. Global Access Control Readers Market Analysis and Forecasts, 2022-2029
16.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
17. France Global Access Control Readers Market Analysis and Forecasts, 2022-2029
17.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
18. Germany Global Access Control Readers Market Analysis and Forecasts, 2022-2029
18.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
19. Italy Global Access Control Readers Market Analysis and Forecasts, 2022-2029
19.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
20. Spain Global Access Control Readers Market Analysis and Forecasts, 2022-2029
20.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
21. Sweden Global Access Control Readers Market Analysis and Forecasts, 2022-2029
21.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
22. CIS Countries Global Access Control Readers Market Analysis and Forecasts, 2022-2029
22.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
23. Rest of Europe Global Access Control Readers Market Analysis and Forecasts, 2022-2029
23.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
24. Asia Pacific Global Access Control Readers Market Analysis and Forecasts, 2022-2029
24.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
25. Asia Pacific Global Access Control Readers Market Analysis and Forecasts, by Country
25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029
25.1.1. China
25.1.2. India
25.1.3. Japan
25.1.4. South Korea
25.1.5. Australia
25.1.6. ASEAN
25.1.7. Rest of Asia Pacific
26. China Global Access Control Readers Market Analysis and Forecasts, 2022-2029
26.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
27. India Global Access Control Readers Market Analysis and Forecasts, 2022-2029
27.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
28. Japan Global Access Control Readers Market Analysis and Forecasts, 2022-2029
28.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
29. South Korea Global Access Control Readers Market Analysis and Forecasts, 2022-2029
29.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
30. Australia Global Access Control Readers Market Analysis and Forecasts, 2022-2029
30.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
31. ASEAN Global Access Control Readers Market Analysis and Forecasts, 2022-2029
31.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
32. Rest of Asia Pacific Global Access Control Readers Market Analysis and Forecasts, 2022-2029
32.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
33. Middle East Africa Global Access Control Readers Market Analysis and Forecasts, 2022-2029
33.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
34. Middle East Africa Global Access Control Readers Market Analysis and Forecasts, by Country
34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
34.1.1. South Africa
34.1.2. GCC Countries
34.1.3. Egypt
34.1.4. Nigeria
34.1.5. Rest of ME&A
35. South Africa Global Access Control Readers Market Analysis and Forecasts, 2022-2029
35.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
36. GCC Countries Global Access Control Readers Market Analysis and Forecasts, 2022-2029
36.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
37. Egypt Global Access Control Readers Market Analysis and Forecasts, 2022-2029
37.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
38. Nigeria Global Access Control Readers Market Analysis and Forecasts, 2022-2029
38.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
39. Rest of ME&A Global Access Control Readers Market Analysis and Forecasts, 2022-2029
39.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
40. South America Global Access Control Readers Market Analysis and Forecasts, 2022-2029
40.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
41. South America Global Access Control Readers Market Analysis and Forecasts, by Country
41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029
41.1.1. Brazil
41.1.2. Argentina
41.1.3. Rest of South America
42. Brazil Global Access Control Readers Market Analysis and Forecasts, 2022-2029
42.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
43. Argentina Global Access Control Readers Market Analysis and Forecasts, 2022-2029
43.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
44. Rest of South America Global Access Control Readers Market Analysis and Forecasts, 2022-2029
44.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029
44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029
45. Competitive Landscape
45.1. Geographic Footprint of Major Players in the Global Access Control Readers Market.
45.2. Competition Matrix
45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Functionalities and R&D Investment
45.2.2. New Type Launches and Type Enhancements
45.2.3. Market Consolidation
45.2.3.1. M&A by Regions, Investment and Verticals
45.2.3.2. M&A, Forward Integration and Backward
Integration
45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
45.3. Company Profile : Key Players
45.3.1. ASSA ABLOY AB (Sweden)
45.3.1.1. Company Overview
45.3.1.2. Financial Overview
45.3.1.3. Geographic Footprint
45.3.1.4. Type Portfolio
45.3.1.5. Business Strategy
45.3.1.6. Recent Wavelengths
45.3.2. Dormakaba Holding AG (Switzerlan)
45.3.3. Allegion plc (Ireland)
45.3.4. Identiv, Inc. (US)
45.3.5. Nedap N.V. (Netherlands)
45.3.6. Suprema HQ Inc. (South Korea)
45.3.7. Napco Security Technologies (US)
45.3.8. Gemalto N.V. (Netherlands)
45.3.9. Avigilon Corporation (Canda)
45.3.10. IDEMIA (France)
45.3.11. Peter Hengstler
45.3.12. Paxtron Access Ltd. (UK)
45.3.13. Castles Technology (Taiwan)
45.3.14. DUALi Inc. (South Korea)
45.3.15. Salto Systems (Spain)
45.3.16. Axis Communications (Sweden)
45.3.17. AMAG Technology (US)
45.3.18. Pax Technology Ltd. (China)
46. Primary Key Insights
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