Global Access Control Reader
Market Report
2024
Access Control Reader Market size is USD 10512.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.50% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global access control reader market size is USD 10.4 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 7.8% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Access Control Reader Market Sales Revenue 2024 | $ 10512.2 Million |
Global Access Control Reader Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.5% |
North America Access Control Reader Market Sales Revenue 2024 | $ 4204.88 Million |
North America Access Control Reader Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 11.7% |
Europe Access Control Reader Market Sales Revenue 2024 | $ 3153.66 Million |
Europe Access Control Reader Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12% |
Asia Pacific Access Control Reader Market Sales Revenue 2024 | $ 2417.81 Million |
Asia Pacific Access Control Reader Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 15.5% |
South America Access Control Reader Market Sales Revenue 2024 | $ 525.61 Million |
South America Access Control Reader Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 12.9% |
Middle East and Africa Access Control Reader Market Sales Revenue 2024 | $ 210.24 Million |
Middle East and Africa Access Control Reader Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 13.2% |
Market Split by Offering |
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Market Split by Service |
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Market Split by Vertical |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Access Control Reader industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Access Control Reader Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Access control readers are devices that stop unauthorized people from entering or leaving a specific location. Smart card readers and other advanced security solutions are becoming increasingly popular in electronic homes and business-related automation, creating an opportunity for the market to grow. Installing an access control reader is a surefire way to keep a building and its inhabitants safe. The access control reader market is expected to experience even more growth as a result of the increasing progress and applications, which are anticipated to create profitable prospects for the industry. The main factor propelling the need for access control readers is their rising ubiquity in commercial settings for recording or monitoring staff actions and reducing instances of asset theft. To further limit unwanted entry and data breaches, numerous infrastructure facilities are embracing access control systems. These include data centers, banks, financial centers, hotels, and shopping malls.
Development in Technology- An increasing number of people are realizing the convenience of smart home technology, which is driving the demand for remotely accessible access control systems for wired houses. As government identification requirements, cyberattacks, and frauds grow in both complexity and sophistication, the need to streamline protection while keeping costs down is growing in importance across many industries. Consequently, the demand for access control readers is expected to be further boosted by benefits such as greater protected identity management and an increase in the demand for enhanced authentication. Rapid urbanization, the increasing industrial revolution, the advent of contactless smart cards, and better secure identity management are among many drivers driving the access control reader’s market.
The market for access control systems is anticipated to be restricted by the high expenses related to its setup and upkeep. Lack of awareness also impede the industry's progress.
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In March 2024, Johnson Controls, a world leader in smart, healthy, and sustainable buildings, is delighted to announce that its Safety Operations Centers (SOC) service offering is now available for commercial use in the North American market. Customers in North America can take advantage of the SOC offering, which offers dependable as-a-service pricing and is based on 50 years of international central monitoring and response services to support business continuity and risk reduction.
Top Companies Market Share in Access Control Reader Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America emerges as the dominant region in the access control reader market because infections and online attacks are on the rise in the area. In addition, the expansion of the industry in the region is being boosted by the widespread use of BYOD.
Asia-Pacific stands out as the fastest-growing region in the access control reader market because the area is seeing fast industrialization, strong investments in digitization, and an elevated need for security systems.
The current report Scope analyzes Access Control Reader Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Access Control Reader Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Access Control Reader Industry growth. Access Control Reader market has been segmented with the help of its Offering, Service Vertical, and others. Access Control Reader market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, services are the dominant category. Assistance and upkeep services are necessary for a seamless system deployment transition. These services are dependent on optimized system performance and the delivery of intended safety and ease benefits. After considering the customer's finances, current infrastructure, building size, and safety concerns, they will offer the best access control solution.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Access Control Reader Industry. Request a Free Sample PDF!
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Access Control Reader from 2019 to 2031. This will also help to analyze the demand for Access Control Reader across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key Service of Access Control Reader are:
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Access Control Reader market report 2024 Edition by contacting our team.
Senior Research Analyst at Cognitive Market Research
ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje
An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.
With a work experience of over 10+ years in the market research and strategy development. I have worked with diverse industries, including FMCG, IT, Telecom, Automotive, Electronics and many others. I also work closely with other departments such as sales, product development, and marketing to understand customer needs and preferences, and develop strategies to meet those needs.
I am committed to staying ahead in the rapidly evolving field of research and analysis. This involves regularly attending conferences, participating in webinars, and pursuing additional certifications to enhance my skill set. I played a crucial role in conducting market research and competitive analysis. I have a proven track record of distilling complex datasets into clear, concise reports that have guided key business initiatives. Collaborating closely with multidisciplinary teams, I contributed to the development of innovative solutions grounded in thorough research and analysis.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Access Control Reader Market is witnessing significant growth in the near future.
In 2023, the Hardware segment accounted for noticeable share of global Access Control Reader Market and is projected to experience significant growth in the near future.
The Access control as a service segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies ASSA ABLOY (Sweden) , Jhonson Controls (Ireland) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Offering | Hardware, Software, Services |
Service | Access control as a service, Hosted ACaaS, Managed ACaaS, Hybrid ACaaS |
Vertical | Commercial, Military & Defense, Government, Residential, Education, Healthcare, Manufacturing and Industrial, Transportation |
List of Competitors | ASSA ABLOY (Sweden), Dormakaba Group (Switzerland), Jhonson Controls (Ireland), Allegion Plc (Ireland), Honeywell International Inc. (US), Identiv Inc. (US), Nedap N.V. (Netherlands), Suprema Inc. (South Korea), Bosch Security Systems GmbH (Germany), Thales (France) |
This chapter will help you gain GLOBAL Market Analysis of Access Control Reader. Further deep in this chapter, you will be able to review Global Access Control Reader Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Access Control Reader Market Trends North America Access Control Reader Technological Road Map North America Access Control Reader Market Drivers North America Access Control Reader Market Restraints North America Access Control Reader Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Offering Analysis 2019 -2031, will provide market size split by Offering. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Offering Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Service Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Vertical Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Access Control Reader market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Hardware have a significant impact on Access Control Reader market? |
What are the key factors affecting the Hardware and Software of Access Control Reader Market? |
What is the CAGR/Growth Rate of Access control as a service during the forecast period? |
By type, which segment accounted for largest share of the global Access Control Reader Market? |
Which region is expected to dominate the global Access Control Reader Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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