The access control market is projected to grow from $8.6 billion in 2020 to $12.8 billion by 2025 at a CAGR of 8.2%. Growth is driven by increasing deployment of wireless security systems and adoption of IoT-based security systems with cloud computing. Biometric readers are expected to witness the highest growth during the forecast period. North America is more advanced than other regions in implementing access control systems. Key vendors include dormakaba Holding, ASSA ABLOY, Johnson Controls, Allegion, and Honeywell International.
2. Scope of The Report
Research report categorizes the Access Control Market based on Offering, Applicati
on, Aircraft Type, End User, Power Density, Aircraft Technology & by region
And More…
By Offerings
• Hardware
• Card-based Readers
• Biometric Readers
• Multi-technology Readers
• Electronic Locks
• Controllers
• Others
By Service
• Hosted
• Managed
• Hybrid
By Verticle
• Commercial
• Military & Defense
• Government
• Residential
• Education
• Healthcare
• Manufacturing & Industr
ial
• Transportation
3. Key Segments
Increasing deployment of wireless security systems and rising adoption of IoT-b
ased security systems with cloud computing platforms are the key factor that dri
ves the growth of the access control market.
Biometric readers expected to witness the highest growth rate durin
g the forecast period
Browse 115 market data Tables and 49 Figures spread through 201
Pages and in-depth TOC on "Access Control Market - Global Foreca
st to 2025"
North America is more advanced than in other regions in terms of the i
mplementation of access control systems. Companies in the US, Cana
da, and Mexico are making efforts to enhance their expertise and devel
op innovative access control systems and services.
The global access control systems market size is projected to grow from
USD 8.6 billion in 2020 to USD 12.8 billion by 2025, growing at a CAGR of
8.2%.
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4. Aircraft Battery Market Growth Rate
2025
Market Size of
$8.6 Billion
Market Size of
$12.8 Billion
2020
CAGR of 8.2%
6. Top Region..
• North America
• Europe
• APAC
• RoW
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competition?
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