Access Control Market Demand and Growth Insights 2023 (2024)

The Global Access Control Market Size is estimated toregister 8.8% growth over the forecast period from 2024 to 2030.

The market growth is driven by an increasing proliferation of smartphones and mobile devices is driving a shift toward mobile access control solutions. Mobile-based access control allows users to conveniently use their smartphones as digital keys, eliminating the need for physical keycards or fobs. This trend is fueled by the increasing acceptance of mobile credentialing technologies, improved NFC (Near Field Communication) capabilities in smartphones, and the demand for touchless access solutions amid health and safety concerns. Leading Companies focusing on Enhanced Integration with Smart Building Technologies, Expansion of Access Control in IoT Ecosystems, Integration of Advanced Authentication Technologies, and others to boost market shares in the industry.

Access Control Market Overview

The Access Control Market encompasses solutions and technologies that regulate physical and digital access to buildings and assets. It has experienced steady growth due to rising security concerns, regulatory requirements, and technological advancements. Access control systems consist of authentication devices, controllers, and management software, and can be categorized into physical, logical, and mobile access control. Key drivers include increasing security threats, regulatory compliance, and technological innovation. The market is segmented by technology, application, and end-user industry, with key players offering diverse solutions and services.

Access Control Market Dynamics

Access Control Market Trends- Cloud-based access control is taking center stage in the access control market, driven by its explosive growth.

The rapid rise of cloud-based access control is reshaping the landscape of the access control market, driven by its notable expansion. This momentum stems from various factors, such as its scalability, adaptability, and cost-efficiency compared to traditional on-premises solutions. With organizations increasingly gravitating towards cloud-based access control systems, the trend is fueled by their simplified deployment, remote management functionalities, and seamless integration with other security infrastructures. Additionally, the transition towards mobile-centric work environments and the proliferation of IoT devices amplify the adoption of cloud-based solutions, offering convenient and secure access management across diverse locations and devices. As the demand for scalable and flexible access control solutions continues to surge, cloud-based offerings are positioned to lead the market, delivering heightened security measures, operational agility, and adaptability to cater to the dynamic requirements of contemporary organizations.

Market Driver- The demand for access control solutions is surging due to growing concerns about data security and privacy compliance

The demand for access control solutions is on the rise as organizations prioritize data security and privacy compliance amidst increasing cyber threats and stringent regulations. With the exponential growth of sensitive digital information, securing access to networks, databases, and applications has become a critical concern. Access control systems are pivotal in enforcing authentication and authorization protocols, ensuring that only authorized users can access confidential data. Regulatory frameworks like GDPR and CCPA mandate organizations to implement robust access control measures to safeguard customer data and mitigate the risk of data breaches. Consequently, there's a heightened emphasis on deploying comprehensive access control solutions that integrate advanced authentication technologies, encryption methods, and audit trails to bolster data security and meet regulatory standards.

Market Opportunity- The access control market sees advancements in biometric authentication, enhancing security and user experience.

The evolution of biometric authentication is reshaping the access control landscape, providing a significant boost to security while enhancing the user experience. Technologies like fingerprint recognition, facial recognition, and iris scanning offer precise and dependable means of verifying individual identities, minimizing the risk of unauthorized entry. This advancement not only improves security but also simplifies the authentication process by eliminating the need for conventional methods like keycards or passwords. Consequently, users benefit from a smoother and more efficient access experience, reducing instances of forgotten credentials or theft of access tokens. Furthermore, biometric authentication can incorporate multifactor authentication, combining various biometric modalities or supplementing them with additional factors like PINs or tokens for added layers of security. With biometric sensors becoming more advanced and cost-effective, their integration into access control systems is becoming increasingly widespread, driving the market towards solutions that are both highly secure and user-friendly.

Market Share Analysis- Software Access Control Market will register the fastest growth

The Global Access Control Market is analyzed across Hardware, Software, Services, and others. Software is poised to register the fastest growth. The software access control market is experiencing rapid growth due to increasing demand for robust security solutions and technological advancements. These systems offer flexible management of physical and digital asset access, allowing granular control over permissions and integration with other security systems. With the rise of cloud computing and remote work, organizations are prioritizing software-based solutions for enhanced security and compliance.

Market Share Analysis- Managed ACaaS held a significant market share in 2024

The Global Access Control Market is analyzed across various services including Access Control as a Service, Hosted ACaaS, Managed ACaaS, Hybrid ACaaS, and others. Of these, Managed ACaaS held a significant market share in 2024. Managed Access Control as a Service (ACaaS) is a growing trend in the Access Control Market, offering efficient and flexible solutions for organizations. With Managed ACaaS, access control systems are outsourced and remotely managed by third-party service providers, relieving businesses of the burden of installation, monitoring, and maintenance. This model allows organizations to focus on core activities while benefiting from expert management, regular updates, and proactive security measures. Managed ACaaS provides a convenient and cost-effective solution for organizations seeking reliable access control management in an increasingly complex security landscape.

Access Control Market News

In December 2023, Thales collaborated with SK Telecom, a top Korean mobile operator, to implement Post Quantum Cryptography (PQC) on 5G networks, enhancing the security of subscribers' identity and privacy.

Suprema Inc. introduced the BioStation 2a in November 2023, featuring an advanced AI algorithm based on deep learning. This state-of-the-art edge device incorporates an AI processor, known as the Neural Processing Unit (NPU), specifically designed for deep learning tasks. The device offers exceptional performance, ensuring both precise and rapid fingerprint recognition capabilities.

Access Control Market Segmentation

By Offering

Hardware

Card-based readers
Biometric readers
Multi-technology readers
Electronic locks
Access controllers
Others

Software
Services

By Service Market

Access control as a service
Hosted ACaaS
Managed ACaaS
Hybrid ACaaS

By Vertical

Commercial

Enterprises and Data Centers
Banks and Financial Buildings
Hotels, Stadiums, & Amusem*nt Parks
Retail stores and malls

Military & Defense
Government
Residential
Education
Healthcare
Manufacturing and Industrial
Transportation

By Region

North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Others)
Asia Pacific (China, India, Japan, South Korea, Australia, Others)
Latin America (Brazil, Argentina, Others)
Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Access Control Market Companies

ASSA ABLOY (Sweden)
dormakaba Group (United States)
Johnson Controls (Ireland)
Allegion Plc (Ireland)
Honeywell International Inc (United States)
Identiv, Inc (United States)
Nedap N.V ( Netherlands)
Bosch Security Systems GmbH (Germany)
Thales (United States)
AMAG Technology (United States)
Axis Communications AB (Sweden)
Gunnebo Safe Storage AB (Austria)
NEC Corporation (Japan)
GALLAGHER GROUP LIMITED (NewZealand)
Brivo Systems LLC (United States)
SALTO Systems
S.L (Spain)
IDEMIA (France)
Vanderbilt industries (United Kingdom)
Cansec Systems Lt. (Canada)
Securitas Technology (United States)
Datawatch Systems (United States)
Telcred (Sweden)
Forcefield Security (France)
Kisi Inc (United States)

*List not exhaustive

Access Control Market Outlook 2024

1 Market Overview

1.1 Introduction to the Access Control Market

1.2 Scope of the Study

1.3 Research Objective

1.3.1 Key Market Scope and Segments

1.3.2 Players Covered

1.3.3 Years Considered

2 Executive Summary

2.1 2024 Access Control Industry- Market Statistics

3 Market Dynamics

3.1 Market Drivers

3.2 Market Challenges

3.3 Market Opportunities

3.4 Market Trends

4 Market Factor Analysis

4.1 Porter’s Five Forces

4.2 Market Entropy

4.2.1 Global Access Control Market Companies with Area Served

4.2.2 Products Offerings Global Access Control Market

5 Recession Impact Analysis and Outlook Scenarios

5.1.1 Recission Impact Analysis

5.1.2 Market Growth Scenario- Base Case

5.1.3 Market Growth Scenario- Reference Case

5.1.4 Market Growth Scenario- High Case

6 Global Access Control Market Trends

6.1 Global Access Control Revenue (USD Million) and CAGR (%) by Type (2018-2032)

6.2 Global Access Control Revenue (USD Million) and CAGR (%) by Applications (2018-2032)

6.3 Global Access Control Revenue (USD Million) and CAGR (%) by regions (2018-2032)

7 Global Access Control Market Revenue (USD Million) by Type, and Applications (2018-2023)

7.1 Global Access Control Revenue (USD Million) by Type (2018-2023)

7.1.1 Global Access Control Revenue (USD Million), Market Share (%) by Type (2018-2023)

7.2 Global Access Control Revenue (USD Million) by Applications (2018-2023)

7.2.1 Global Access Control Revenue (USD Million), Market Share (%) by Applications (2018-2023)

8 Global Access Control Development Regional Status and Outlook

8.1 Global Access Control Revenue (USD Million) By Regions (2018-2023)

8.2 North America Access Control Revenue (USD Million) by Type, and Application (2018-2023)

8.2.1 North America Access Control Revenue (USD Million) by Country (2018-2023)

8.2.2 North America Access Control Revenue (USD Million) by Type (2018-2023)

Access Control Market Segmentation

By Offering

Hardware

Card-based readers
Biometric readers
Multi-technology readers
Electronic locks
Access controllers
Others

Software
Services

By Service Market

Access control as a service
Hosted ACaaS
Managed ACaaS
Hybrid ACaaS

By Vertical

Commercial

Enterprises and Data Centers
Banks and Financial Buildings
Hotels, Stadiums, & Amusem*nt Parks
Retail stores and malls

Military & Defense
Government
Residential
Education
Healthcare
Manufacturing and Industrial
Transportation

By Region

North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Spain, Italy, Others)
Asia Pacific (China, India, Japan, South Korea, Australia, Others)
Latin America (Brazil, Argentina, Others)
Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Access Control Market Demand and Growth Insights 2023 (2024)

The Global Access Control Market Size is estimated toregister 8.8% growth over the forecast period from 2024 to 2030.

Access Control Market Overview

Access Control Market Dynamics

Access Control Market Trends- Cloud-based access control is taking center stage in the access control market, driven by its explosive growth.

Market Driver- The demand for access control solutions is surging due to growing concerns about data security and privacy compliance

Market Opportunity- The access control market sees advancements in biometric authentication, enhancing security and user experience.

Market Share Analysis- Software Access Control Market will register the fastest growth

Market Share Analysis- Managed ACaaS held a significant market share in 2024

Access Control Market News

Access Control Market Segmentation

Access Control Market Companies

Access Control Market Segmentation

References