Monday 19 February 2018

Global Access Control Market is Projected To Reach US$8.361 billion by 2022

Report Sellers has added a new market research report “Access Control Market- Forecasts from 2017 to 2022” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.

According to the report, Access Control market is projected to witness a CAGR of 6.67% to reach US$8.361 billion by 2022, increasing from US$6.053 billion in 2017. Growing security concerns to tackle fraudulent, unauthorized access and criminal activities is a major driver of global access control market. The accelerating demand for access control solutions in commercial and residential sectors is driven by high adoption of different security solutions. 

Competitive Insights:

Prominent key market players in Access Control market include 3M Cogent, Honeywell Security Group, OT-Morpho, Matrix Security Systems, and NEC Corporation among others. The market for access control solutions is highly fragmented owing to the presence of a large number of regional vendors along with major market players. Major players are engaging in strategic partnerships and mergers and acquisitions to expand their global footprint. Recently in May 2017, Gemalto acquired 3Ms identity management business, including 3M Cogent a fully-owned subsidiary providing biometrics for law enforcement, border control, and civil ID.

Browse through the complete description and in-depth TOC on “Access Control Market”
https://www.reportsellers.com/market-research-report/Access-Control-Market---Forecasts-from-2017-to-2022

Report Scope

Access Control market is segmented by product, service, end user, and geography:

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
Americas
North America
U.S.
Canada
Mexico
Others
South America
Brazil
Others
Europe Middle East and Africa
Europe
UK
Germany
France
Others
Middle East and Africa
Asia Pacific
Japan
China
India
South Korea
Others

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