Global Access Control Market Analysis by Knowledge Sourcing Intelligence
The global access control market is projected to witness the growth at a CAGR of 6.67% during the forecast period to reach the total market size of US$ 8.361 billion by 2022, increasing from US$6.053 billion in 2017. Cyber threats are expected to become more pervasive and targeted towards access control systems, which will require a more holistic approach–including hardware, software and end user due diligence in identifying threats–to establish the strongest line of defense. It has emerged as a big challenge for security players. Recent reports on hackers using cameras to launch DDoS attacks further underscore the importance of guarding against cyber threats. It has become a serious issue as video surveillance migrates from analog to IP. The evergrowing proliferation of IP cameras makes the need to protect camera systems from cyber threats which have significantly created robust demand for a more secure and sophisticated access control system.
By Product
Hardware
Biometrics
Cards and Readers
Mobile Phones
Others
Software
By Service
Installation and Integration
Maintenance and Support
Professional Services
By End User
Telecommunication
BFSI
Government
Healthcare
Others
By Geography
South America
Europe
Middle East and Africa
Asia Pacific
