DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Access Control Market by Type, Hardware, Controller/Server, Geography - Global Forecast to 2022" report to their offering.
The access control market was valued at USD 5.92 billion in 2015 and is expected to reach USD 9.80 billion by 2022, at a CAGR of 7.49% between 2016 and 2022. This growth can be attributed to the increased security threats across the world, growing urbanization, and technological developments in the access control market.
The market for electronic locks is expected to grow at a faster rate over other readers in the access control market. The is primarily due to reduced cost, increased convenience of not carrying any separate credential such as cards or key fobs. It also enables the users to monitor and operate remotely and transfer the credential over the mobile phones. These additional features are driving the market for electronic locks for the access control systems. Electronic locks are majorly adopted in the commercial & services and residential applications.
North America is expected to hold the largest share of the total access control market in 2016. The stable construction market in North America and technological developments are driving the North American market. In addition, the consumer shifting toward digital, interconnected environment also drives the North American access control market.
Companies Mentioned:
- 3M Company
- AMAG Technology, Inc.
- ASSA Abloy AB.
- Allegion PLC
- Avaya Inc.
- Crossmatch Technologies, Inc.
- Dorma + Kaba International Holding AG
- Forescout Technologies
- Gallagher Group Ltd.
- Gemalto N.V.
- Gunnebo Group
- Honeywell Security Group
- Identiv, Inc.
- Morpho Sa
- NEC Corp.
- Napco Securities Technologies, Inc.
- Siemens Building Technologies
-
Tyco International PLC
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Access Control Market, By Product
8 Access Control Market, By Service
9 Access Control Market, By Technology Type
10 Access Control Market, By Application
11 Access Control Market Geographic Analysis
12 Competitive Landscape
13 Company Profiles
For more information visit http://www.researchandmarkets.com/research/scndxk/access_control
