Access Control Market Scope and Analysis Report by 2025
Access Control Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 11.20 Billion |
Market Size by 2031 | US$ 17.85 Billion |
Global CAGR (2023 - 2031) | 6% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Offering
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Access Control Market News and Recent Developments
The access control market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market:
- In October 2022, - ASSA ABLOY AB finalized the acquisition of ALCEA, a French access control solutions provider. ALCEA will be integrated into ASSA ABLOY's Critical Infrastructure business portfolio, allowing the company to strengthen its presence in critical infrastructure protection contexts while also expanding its product access-focused product line. This acquisition aligns with the company's strategic ambition to strengthen its position in the access control sector.
(Source: ASSA ABLOY AB, Press Release, 2023)
- In March 2023, Axis Communications and Genetec Inc. collaborated to create Axis, an enterprise-level access control system that integrates Genetec access control software and Axis network door controllers into a single, simple-to-install package. This is the first of its kind on the market, combining Genetec technology to give comprehensive security, public safety, operations, and business intelligence solutions.
(Source: Axis Communications, Press Release, 2023)
Access Control Market Report Coverage and Deliverables
The "Access Control Market Size and Forecast (2023–2031)" report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles