Access Control Solutions Market to Grow at 13% CAGR Driven by Contactless Access Control to 2020

29 Mar, 2016, 06:00 ET from ReportsnReports

PUNE, India, March 29, 2016 /PRNewswire/ --

Increasing adoption of access control by different sectors is one of the major trends in the access control solutions market. A number of sectors such as BFSI, transportation, and oil and gas are adopting biometric access control. Integration of access control and biometric readers can enhance the security of airports. These systems help airport authorities to perform background checks of individuals, thereby improving the operational efficiency of airports.

Complete report on access control solutions market spread across 52 pages, analyzing 4 major companies and providing 25 data exhibits is now available at http://www.reportsnreports.com/reports/514479-global-access-control-market-2016-2020.html.  

The global access control solutions market solutions will grow steadily over the forecast period and will exhibit an impressive CAGR of over 13% by 2020. Employees are using their personal portable devices to gain access to confidential information because of the growing need for uninterrupted connectivity between corporate networks and employees. The increased use of mobile devices has led to an increase in the storage of data and access to critical information. Enterprises are increasingly adopting access control to secure their networks from the growing security threats and to provide employees with secure access to confidential information.

Access control solutions market research analyst has estimated eminent factors, such as the introduction of contactless access control solutions, to drive the prospects for market growth during the estimated period. Contactless access control is primarily used in the utility sector like oil and gas, water treatment plants, and construction sites. Hand geometry coupled with smart devices like tablets, laptops, and notebooks allows the contactless approach, as an image of the palm can be captured with the camera of a mobile device and can then be used to secure these devices and applications from hackers and viruses while providing access to authenticated users Order a copy of Global Access Control Solutions Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=514479.  

Geographical Segmentation and Analysis of the Access Control Solutions Market - APAC, Europe, MEA, North America and South America

In this access control solutions market research report, analysts have estimated Europe to be the largest market for access control solutions during the forecast period. Increasing security concerns will lead to the high demand for access control among the government and BFSI sectors. Furthermore, with the increasing implementation of stringent regulations by the government to ensure homeland security, the market for access control solution will have a positive outlook until 2020.

The access control solutions market is highly fragmented owing to the presence of many small regional suppliers and large multinational vendors. During the forecast period, the established access control vendors will acquire smaller vendors to expand their product portfolio and boost market shares. The market is also characterized by the presence of numerous well-diversified international and regional vendors.

Key players in the global access control solutions market: 3M Cogent, Gemalto NV, Honeywell Security Group, and Safran.

Other prominent vendors in the market are: Allegion, AMAG Technology, ASSA ABLOY, Gallagher Group, HID Global, ISGUS, and Tekno Electro Solutions.

Further, the access control solutions market report states that high cost is the major inhibitor for the adoption of access control.

Another related report is Global Network Access Control Market 2016-2020: the market research analyst predicts the global network access control (NAC) market to grow profoundly at a CAGR of nearly 32% by 2020. Cloud-based solutions include managed services, authentication processes, video management systems, and biometric data storage. Large volumes of confidential data, such as login credentials of employees, can be stored on the cloud, as there are no constraints in terms of storage space. Also, these solutions are cost-effective, as well as scalable and flexible. Browse complete report @ http://www.reportsnreports.com/reports/450177-global-network-access-control-market-2016-2020.html.

Key players in the global network access control (NAC) market: Aruba Networks, Bradford Networks, Cisco, ForeScout and Pulse Secure. Other prominent vendors in the market are: Auconet, Check Point Software Technologies, CloudGuard, Extreme Networks, Impulse Point, InfoExpress, Intel, Nellsoft, PacketFence, Palo Alto Networks, Portnox, ScanSource Communications, Sophos, and StillSecure.

Explore other new reports on IT and Telecommunication Market @ http://www.reportsnreports.com/market-research/information-technology/.  

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