Pune, India -- (SBWIRE) -- 01/31/2018 -- The Global Access Control Market accounted for USD 6.35 billion in 2016 growing at a CAGR of 6.6% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Access control is a security technique which provides selective restriction of access with networking capabilities. This technique is a practice of restricting entrance to a property, a building, or a room to authorized persons. The key market drivers include rising security concerns and increasing incidences of crime and government regulations globally, and continued investments by big players in infrastructure.

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Major Market Drivers:

Rising security concerns and increasing incidences of crime and government regulations globally

Continued investments by big players in infrastructure

Adoption of security systems with cloud computing platforms

Technological developments of wireless technology in security systems

Market Segmentation: Global Access Control Market

The access control market is segmented on the basis of component and service into Hardware, Software, and Services. The hardware segment is further sub-segmented into card-based readers, biometric readers, multi-technology readers, electronic locks, and controllers.

The global access control market is also segmented on the basis of end-user into commercial, military and defense, government, residential, education, healthcare, manufacturing and industrial, and transportation.  On the basis of geography, global access control market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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Company Share Analysis: Global Access Control Market

The report for access control market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.

Major Market Competitors: Global Access Control Market

Some of the major players of the global access control market are ASSA ABLOY AB, Johnson Controls International plc, Dorma+Kaba Holding AG, Allegion plc, Honeywell Security Group, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Bosch Security Systems Inc., Ot-Morpho, Gemalto N.V., Amag Technology, Inc., Gunnebo AB, NEC Corporation, Crossmatch Technologies, Inc., NAPCO Security Technologies, Inc, Forescout Technologies, Inc., Hid Global, Lenel Systems International, Inc., Brivo, Inc, Vanderbilt Industries, Adman Technologies Pvt. Ltd., Axis Communications AB, Access Control Innovation, Time and Data Systems International Limited, among others.

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