Global Access Control and Authentication Market Size, Trends & Growth Opportunity By Product Type(Automatic Number Plate Recognition (ANPR), Electric Access Control (EAC)), By End Use (Transportation & Logistics, Government and Public Sector), By Region and Forecast till 2027
Report ID : IR100592 | Industries : Energy & Power | Published On :May 2024 | Page Count : 245
Global Access Control and Authentication Market Size, Trends & Growth Opportunity By Product Type(Automatic Number Plate Recognition (ANPR), Electric Access Control (EAC)), By End Use (Transportation & Logistics, Government and Public Sector), By Region and Forecast till 2027
Market Overview
Global Access Control and Authentication Market was valued at USD 8.4 billion in 2021 which is expected to reach USD 14.25 by 2027 at a CAGR 10.10% form 2022-2027.
An access and authentication system is intended to monitor objects and people, control their access, and prevent unauthorized access to data or property. This system is in charge of selectively restricting access to a location. Access control and authentication are tools used in the investigation and prevention of crimes in shopping malls, multiplexes, airports, ATMs, and banks.
Market Drivers
Increased demand for access control and authentication systems is expected to drive the global access control and authentication market growth. Furthermore, the increased demand for safety and security will boost market growth. Furthermore, an increase in government initiatives for security and safety, which is expected to increase security investments by organizations in the near future. Furthermore, technological advancements will fuel market growth. In Japan, for example, ISR launched a new cloud-based passwordless authentication service (CloudGate UNO) in May 2019. This service provided enterprise single-sign-on (SSO) and access control.
Market Restraints
However, high costs and low user awareness are restraining factors that are expected to stymie global access control and authentication market growth.
Market Segmentation
Global Access Control and Authentication Market is segmented into product type such as Automatic Number Plate Recognition (ANPR), Electric Access Control (EAC), and Document Reader. Further, market is segmented into end use such as Transportation & Logistics, Government and Public Sector, and Utilities/Energy Markets.
Also, Global Access Control and Authentication Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific dominated the Access Control and Authentication market. The presence of rapidly developing economies, consistent technological advancements in ACA technology, and government initiatives to integrate ACA technologies in a variety of public services are driving growth in this region. Furthermore, factors such as increased adoption of advanced technologies such as artificial intelligence, the Internet of Things, and biometric recognition technology; easy availability of ACA devices; and the presence of leading players as well as several startups in this region are all contributing to the growth of the Asia Pacific access control and authentication market.
Market Key Players
Various key players are discussed in this report such as 3M Company, Safran Morpho, Inc., AR Hungary, Suprema, Inc, Crossmatch Technology, Inc, Bosch Security Systems Inc., Identiv, Inc., Honeywell Security Group, Johnson Controls International PLC, and Dormakaba Holding AG
Market Taxonomy
By Product Type
• Automatic Number Plate Recognition (ANPR)
• Electric Access Control (EAC)
• Document Reader
By End Use
• Transportation & Logistics
• Government and Public Sector
• Utilities/Energy Markets
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Access Control and Authentication Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Access Control and Authentication Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Access Control and Authentication Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Access Control and Authentication Market Share Analysis, By Product Type
5.3 Global Access Control and Authentication Market Size and Forecast, By Product Type
5.3.1 Automatic Number Plate Recognition (ANPR)
5.3.2 Electric Access Control(EAC)
5.3.3Document Reader
6 Global Access Control and Authentication Market, By End Use
6.1 Y-o-Y Growth Comparison, By End Use
6.2 Global Access Control and Authentication Market Share Analysis, By End Use
6.3 Global Access Control and Authentication Market Size and Forecast, By End Use
6.3.1 Transportation & Logistics
6.3.2 Government & Public Sector
6.3.3Utilities/Energy Markets
7Global Access Control and Authentication Market, By Region
7.1 Global Access Control and Authentication Market Share Analysis, By Region
7.2 Global Access Control and Authentication Market Share Analysis, By Region
7.3 Global Access Control and Authentication Market Size and Forecast, By Region
8North America Access Control and Authentication Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Access Control and Authentication Market Share Analysis, By Product Type
8.3 North America Access Control and Authentication Market Size and Forecast, By End Use
8.4 North America Access Control and Authentication Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9Europe Access Control and Authentication Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Access Control and Authentication Market Share Analysis, By Product Type
9.3 Europe Access Control and Authentication Market Size and Forecast, By End Use
9.4 Europe Access Control and Authentication Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10Asia Pacific Access Control and Authentication Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Access Control and Authentication Market Share Analysis, By Product Type
10.3 Asia Pacific Access Control and Authentication Market Size and Forecast, By End Use
10.4 Asia Pacific Access Control and Authentication Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11Latin America Access Control and Authentication Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Access Control and Authentication Market Share Analysis, By Product Type
11.3 Latin America Access Control and Authentication Market Size and Forecast, By End Use
11.4 Latin America Access Control and Authentication Market Size and Forecast, By Country
12Middle East Access Control and Authentication Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Access Control and Authentication Market Share Analysis, By Product Type
12.3 Middle East Access Control and Authentication Market Size and Forecast, By End Use
12.4 Middle East Access Control and Authentication Market Size and Forecast, By Country
13Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
15.1 3M Company
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Safran Morpho, Inc
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3 AR Hungary
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Suprema, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Crossmatch Technology
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Bosch Security Systems Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Identiv, Inc
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Honeywell Security Group
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Johnson Controls International PLC
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Dormakaba Holding AG
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies