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Access Control as a Service (ACaaS) Market Shoots Up to USD 1 Billion by 2022 at 17% of CAGR

 

Pune, India -- (SBWIRE) -- 11/06/2017 -- Market Highlights

Access control as a service (ACaaS) is gaining importance with the increasing use of mobile devices for web browsing, corporate data access, e-mailing and social networking among others. ACaaS ensures protection of important data from mobile devices from data theft, hacking attempts, malware and online identity thefts. The access control as a service solution ensures a identity based access to all important corporate information which facilitates the organization to secure critical business data. Access control as a service provides a platform to the organization in order to control and secure their geographically diverse assets and facilities. It is a security verification concept managed by third party service providers and it also permits users to access cloud based applications.

Access control as a service includes process of authentication, authorization and audit which help in mitigating the organization security risk. Access control as a service (ACaaS) majorly benefits the corporate in minimizing business risk and increasing corporate resources by limiting user access. This also helps in bringing automation for better process control by using single sign on and IDM technologies.

According to Market Research Future Analysis, Global Access control as a service (ACaaS) Market has been valued at USD ~1 Billion by the end of forecast period with CAGR of ~17% during forecast period 2016 to 2022.

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Major Key Players:

Microsoft Corporation (U.S.),
Datawatch Systems Inc. (U.S.),
AIT Ltd. (U.K.),
Cisco Systems Inc. (U.S.),
Cloudastructure Inc. (U.S.),
Jhonson controls Inc.. (U.S.),
M3T Corporation (U.S.),
Centrify Corporation (U.S.),
IBM Corporation(U.S.)
Symantec Corporation(U.S.)

Access control as a service (ACaaS) Market

The Global access control as a service (ACaaS) Market has been segmented on the basis of service, deployment, application, devices, type and verticals. Service includes managed, hosted and hybrid among others. Deployment comprises of on-cloud and on-premise. The applications are network access control and data access control. The devices of ACaaS are biometric, smart card access and identity management solution among others. On basis of type, the market can be segmented as discretionary and non-discretionary. The various verticals are social media, manufacturing, utilities, government bodies, commercial and cooling & lighting among others.

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Market Research Analysis:
Market Research Future Analysis shows that non-discretionary type of access control as a service is expected to attain a higher growth rate in the forecast period. Here, the service provider or an authorized person defined the users who can access the services or defines policies for such access control. Various types of non-discretionary access control methods are used by organizations such as role-based access control, purpose based access control, mandatory access controls and history based access controls among others. The non-discretionary access control is dependent on the rules and regulations defined by the organization and helps ensure confidentiality of data by implementing access control as a service. The non-discretionary type is majorly used to serve changing requirement of the users as well as in reducing their time duration to perform the assigned task.

Geographically, North America is expected to dominate the access control as a service market due to high demand of data security solutions in various industrial sectors such as manufacturing, utilities, IT and others. Furthermore, Asia-pacific is showing fruitful opportunity in the upcoming years as increasing digitalization leads to manage the huge database which also requires control over data security. The increasing smartphone uses in industrial operations is also fuelling the market growth of access control as a service in the Asia-Pacific region.

Key questions answered in this report

- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

LIST OF TABLES

Table 1 Global Access Control As A Service (ACAAS) Market, By Service
Table 2 Global Access Control As A Service (ACAAS) Market, By Deployment
Table 3 Global Access Control As A Service (ACAAS) Market, By Applications
Table 4 Global Access Control As A Service (ACAAS) Market, By Devices

LIST OF FIGURES
FIGURE 1 RESEARCH NETWORK SOLUTION
FIGURE 2 GLOBAL ACCESS CONTROL AS A SERVICE (ACAAS) MARKET: BY SERVICE (%)
FIGURE 3 GLOBAL ACCESS CONTROL AS A SERVICE (ACAAS) MARKET: BY DEPLOYMENT (%)
FIGURE 4 GLOBAL ACCESS CONTROL AS A SERVICE (ACAAS) MARKET: BY APPLICATIONS (%)

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