Access Control Market Worth $10.4 Billion by 2020

DALLAS, February 11, 2015 /PRNewswire/ --

According to a new market research report "Access Control Market by Product (Cards and Readers, Biometrics, Controllers, Management Software), Application (Commercial, Residential, Military and Defense, Government, Industrial, Healthcare, Education) and By Geography - Global Forecast and Analysis to 2020" , published by MarketsandMarkets, the Access Control Market is expected to reach $10.4 billion by 2020, growing at a CAGR of 10.6% between 2014 and 2020.

Browse 45 market data tables and 70 figures spread through 170 pages and in-depth TOC on  "Access Control Market".

http://www.marketsandmarkets.com/Market-Reports/access-control-market-164562182.html

Early buyers will receive 10% customization on this report. 

With the increasing technological proliferation, access control products have revolutionized the entire security industry. Simple mechanical and manual locks are being replaced by access cards and biometric systems. Increasing crime rate across the globe and rising terror activities have compelled the authorities in the commercial and government space to prioritize access control, which has ultimately acted as the driving factor for the growth of the access control market. On the other hand, technological unification is another major driver that has propelled the growth of the access control market; integration of access control products with biometrics, mobile devices and cloud services are some of the examples of technological unification.

The overall access control market has been segmented based on product, application, and geography. These segments have been separately detailed in the report. The access control market is expected to grow at an estimated CAGR of 10.6% between 2014 and 2020.

Geographically, the access control market has been segmented into North America (U.S., Canada, and Mexico), Europe (Germany, U.K., France, and Others), APAC (China, Japan, India and others) and rest of the world. The APAC market accounted for a market share of 27.4% in 2013 and is estimated to grow at a CAGR of 11.3% between 2014 and 2020. The North American region is also expected to grow at a significant CAGR of 11.1% between 2014 and 2020.

Speak to Analyst:http://www.marketsandmarkets.com/speaktoanalyst.asp?id=164562182

The key players in the access control market include Assa Abloy AB (Sweden), Gallagher Group Ltd. (New Zealand), Cross Match Technologies (U.S.), Morpho SA (France), Honeywell Security Group (U.S.), AMAG Technologies (U.S.), Samsung Techwin Co., Ltd. (South Korea), Gemalto NV (The Netherlands), 3M Cogent, Inc. (U.S.), and NEC Corporation (Japan).

Browse related reports 

Data Center Logical Security Market by Solutions Types (Threat and Application Security Solutions, Access Control and Compliance, Data Protection Solutions), by Services Type, by Data Center Type, by Vertical, and by Regions - Forecasts and Analysis 2014 - 2019
http://www.marketsandmarkets.com/Market-Reports/data-center-logical-security-market-169970115.html

Parking Management Market by Solution (Parking Software, On-Street Parking, Off-Street Parking, Access Control, Security and Surveillance Parking Fee and Revenue Management, Parking Enforcement and Permit Management) - Global forecast to 2019
http://www.marketsandmarkets.com/Market-Reports/parking-management-market-1249.html

About MarketsandMarkets:  

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the 'Growth Engagement Model - GEM'. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write 'Attack, avoid and defend' strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, 'RT', connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Subscribe Reports from Semiconductor and Electronic @  http://www.marketsandmarkets.com/Subscription.html

Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/electronics-and-semiconductors

Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets

Media Contact 
Mr. Rohan
North - Dominion Plaza,
17304, Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
E-mail: [email protected]

SOURCE MarketsandMarkets