Access Control and Authentication System Market Introduction
In the recent years, the technological advancements have made access control and authentication more essential for resource and information security. Access control and authentication are concerned with the managing of access to resources and private properties. Further, it is one of the crucial parts of information security program that defines the access permissions and mediates every attempt made by the user to access a resource. Access control and authentication systems majorly find applications in banks, ATMs, shopping, airports, and multiplexes etc.
Many organizations operating across various verticals are inclined towards deploying advanced access control and authentication systems to meet their compliance requirements. In addition, several resources and information security laws and rules enacted by government and regulatory bodies are anticipated to influence organizations to invest into enhanced security solutions and services. This, in turn, is projected to drive the growth of access control and authentication system market. Further, increasing popularity and applications of mobile and cloud computing have increased the need for enhanced solutions and services that can allow an organization to monitor, manage and control their resources remotely in an efficient manner. Moreover, increasing concerns of data loss, and cyber-crime has increased the demand for access control and authentication systems. However, low return on investment (ROI) and lack of awareness among enterprises especially in emerging markets are anticipated to hinder the growth of access control and authentication system market during the forecast period.
By technology, the market is segmented into authentication systems, perimeter security systems and intruder alarm systems. The authentication systems segment further includes RFID-based control (interrogators, active RFID, and passive RFID), biometrics systems (hand geometry, signature verification, fingerprints, face recognition, Iris, and others (palm recognition and voice recognition etc.)), cards-based access control (proximity cards & reader, controllers, and smart cards & readers) sub-segments. In addition, the intruder alarm systems segment is sub-segmented into detection system, alarm panels and others. Furthermore, the perimeter security systems segment is sub-segmented into free standing perimeter security, fence mounted perimeter security, and buried perimeter security. By vertical, the overall access control and authentication system market is segmented into healthcare sector, BFSI sector, retail sector, public sector, IT & telecom sector, media & entertainment sector, manufacturing sector and others (energy & utilities sector).
By geography, the global access control and authentication system market is segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, Middle East and Africa.
Access Control and Authentication System Market Competitive Landscape
Key players profiled in the market include Fujitsu Limited, United Technologies Corporation (UTC), NEC Corporation, Cisco Systems Inc., Panasonic Corporation, Bosch Security Systems, Siemens Building Technologies Pvt. Ltd., Honeywell International Inc., Assa Abloy AB, Touchless Biometrics Systems, Cognitec Systems GmbH.
Major Regions/Countries include:
- North America
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on access control and authentication system market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.