Outlook on the Electronic Access Control Global Market to 2028 - Impact Analysis of Drivers and Restraints - ResearchAndMarkets.com

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The "Electronic Access Control Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028" report has been added to ResearchAndMarkets.com's offering.

This report offers strategic insights into the global electronic access control market along with the market size and estimates for the duration 2018 to 2028. The said research study covers in-depth analysis of multiple market segments based on component, mode of access, end-use and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities. In addition, the report covers a section providing analysis on the latest innovative solutions based on sensor technologies and smartphones applications.

Electronic access control refers to the governance and monitoring of visitors into and within the premises. These systems make use of electronic components as opposed to the traditional mechanical locks in order to offer enhanced convenience and personnel security. Electronic access control system comprises numerous components including electronic locks, access devices and cards, readers, control panels, access control management software and access control servers. Authorized personnel can make use of their access devices or cards at the readers to gain access into a physical location.

The readers validate the card and send this information across to the control panel for the decision making process. Based on the rules set through the access control management software, the control panel responds with the appropriate action as to allow the user and deny entrance. Every successful and unsuccessful access transaction is stored in the access control server for record maintenance and further analysis for optimization. Depending on the requirement and expanse of the physical site, end-users can deploy large access control systems with multiple readers and access devices thereby, monitoring and controlling access to various physical locations within the premises.

Access control systems have become pivotal for various institutions and organization all across the world due to rising threats of physical attacks and data thefts. Organizations from various end-use industries including residential, banking and finance, commercial, government, healthcare, education, manufacturing and industrial, retail, utilities and energy, among others seek to deploy enhanced access control solutions in order to ensure effective physical and data security.

One of the major factors driving the growth of the electronic access control market is the increasing need to secure various locations such as data centers and server rooms within organizations. It has become imperative for organizations to protect such sites against malicious attacks to ensure data security and business continuity. In addition, increasing complexity within organizations with respect to the workforce clearance and authorization has led to growing popularity of electronic access control systems across the world. Other factors such as ease of access control management and rise of access control as a service (ACaaS) have led to the higher adoption of access control solutions in the recent years. However, lack of technological awareness and costs associated with the systems have hampered the growth of the electronic access control market in some of the emerging markets across the world.

Companies Mentioned

  • Assa Abloy Group

  • Dormakaba Group

  • ADT LLC dba ADT Security Services

  • Allegion Plc.

  • Bosch Security Systems

  • 3M Cogent, Inc.

  • AMAG Technology, Inc.

  • Honeywell International, Inc.

  • United Technologies Corporation

  • Gunnebo Group

  • Safran Group

  • Stanley Security Solutions, Inc.

  • Tyco Integrated Security

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the access control industry

  • Market fuelers, market impediments, and their impact on the market growth

  • In-depth competitive environment analysis

  • Trailing 2-Year market size data (2018 - 2019)

  • SRC (Segment-Region-Country) Analysis

Key Topics Covered:

Chapter 1 Preface

Chapter 2 Executive Summary

Chapter 3 Market Dynamics

3.1 Introduction

3.2 Market Dynamics

3.2.1 Market Drivers

3.2.2 Market Growth Inhibitors

3.2.3 Impact Analysis of Market Drivers and Restraints

3.3 Attractive Investment Proposition

Chapter 4 Market Inclination Insights: Electronic Access Control Market

4.1 Overview

4.1.1 Evolution of Electronic Access Control

4.1.2 Key Trends Analysis

Chapter 5 Global Electronic Access Control Market Analysis, By Component

5.1 Market Analysis

5.2 Hardware

5.3 Access Control Management Software

5.4 Services

Chapter 6 Global Electronic Access Control Market Analysis, By Mode of Access

6.1 Market Analysis

6.2 Smart Cards

6.3 Digital Passwords/Keys

6.4 Biometric

6.5 Smartphone Applications

6.6 Sensors

Chapter 7 Global Electronic Access Control Market Analysis, By End-use

7.1 Market Analysis

7.2 Residential

7.3 Commercial

7.4 Industrial

7.5 Government and Defense

Chapter 8 North America Electronic Access Control Market Analysis

Chapter 9 Europe Electronic Access Control Market Analysis

Chapter 10 Asia Pacific Electronic Access Control Market Analysis

Chapter 11 Middle East & Africa (MEA) Electronic Access Control Market Analysis

Chapter 12 Latin America Electronic Access Control Market Analysis

Chapter 13 Competitive Landscape

Chapter 14 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/xevgfb

View source version on businesswire.com: https://www.businesswire.com/news/home/20210121005462/en/

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