The Access Control as a Service Market to grow by USD 4,473.02 million from 2022 to 2027|Growth opportunities led by ASSA ABLOY AB and Brivo Inc. - Technavio

NEW YORK, Aug. 7, 2023 /PRNewswire/ -- The access control as a service (ACaaS) market is estimated to grow at a CAGR of 22.39% between 2022 and 2027. The market size is forecast to increase by USD 4,473.02 million. The market is fragmented due to the presence of diversified international and regional companies. The increased adoption and implementation of the mobility phenomenon and bring-your-own-device (BYOD) is a key factor driving market growth. As employees increasingly use personal devices for work, secure and seamless access to corporate resources becomes critical. Access control as a service enables organizations to efficiently manage access policies, permissions, and user identities. In addition, real-time monitoring and reporting capabilities help organizations quickly identify and respond to security threats. Therefore, these factors are expected to drive market growth during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Access Control as a Service Market 2023-2027: Company Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors must focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market companies also must leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. ASSA ABLOY AB, Brivo Inc., Broadcom Inc., Centrify Corp., Cisco Systems Inc., Cloudastructure Inc., Datawatch Systems Inc., Dormakaba Holding AG, Feenics Inc., Honeywell International Inc., International Business Machines Corp., M3T Corp., Microsoft Corp., Motorola Solutions Inc., Okta Inc., Oracle Corp., Ping Identity Corp., SecureAuth Corp., Thales Group, and Vector Security Inc. are among some of the major market participants.

Company Offering

• ASSA ABLOY AB - The company offers access control as a service solution such as protecting small and large organizations with devices for any type of door, as well as non-door openings such as cupboards, gates, elevators, and more.
• Brivo Inc. - The company offers access control as a service solution to Enterprises, Commercial Real Estate, Healthcare and Wellness, Manufacturing and Distribution, Education, Financial Services, and Religious Institutions.
• Centrify Corp - The company offers access control as a service solution to secure critical data, devices, code, and cloud infrastructure to help reduce risk, ensure compliance, and simplify security.

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Access Control as a Service Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The access control as a service market report covers the following areas:

• Access Control as a Service Market 2023-2027 Size
• Access Control as a Service Market 2023-2027 Trends
• Access Control as a Service Market 2023-2027 Industry Analysis

Access Control as a Service Market 2023-2027: Market Dynamics

Major Trends

The proliferation of cloud systems is the major trend in the market. Advancements in cloud security make cloud deployment models more secure and flexible. These innovations are cost-effective and will accelerate the adoption of cloud technology by SMEs in emerging markets. Additionally, the Access Control as a Service suite seamlessly integrates with a variety of platforms and systems across geographies, including on-premises, cloud, and hybrid deployments. Hence, the proliferation of cloud systems is expected to drive market growth during the forecast period.

Significant Challenges

The lack of technological awareness is a significant challenge restricting market growth. The adoption of Access Control-as-a-Service was initially limited globally due to low industry and organizational awareness of advanced systems. Emerging markets are more likely to adopt this comprehensive solution. In addition, misconceptions about high costs and underestimation of cyber threats also prevent many organizations from adopting in today's risky cyber environment. Hence, the lack of technological awareness is expected to restrict market growth during the forecast period.

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Access Control as a Service Market 2023-2027: Segmentation

Access Control as a Service Market is segmented as below:

• End-user 
• Government
• Healthcare
• Transportation
• Retail
• Others
• Type 
• Managed Service
• Hosted Service
• Geography 
• North America
• Europe
• APAC
• South America
• Middle East and Africa

The market share growth by the government segment will be significant during the forecast period. Government agencies, including defense, intelligence, and law enforcement agencies, require robust access control systems to protect sensitive information and facilities. Access control as a service has proven to be a cost-effective solution for these organizations and provides a high level of security. Additionally, they can be used to regulate access to specific areas in public sector buildings such as courts and municipal facilities. Hence, these factors are expected to drive market growth during the forecast period.

North America is estimated to contribute 31% to the growth of the market during the forecast period. The growth in the region is mainly due to the early adoption of technology. The growth of the market in this region is supported by the strong presence and wide adoption of top companies such as IBM, Microsoft, and Oracle. Strict compliance standards also play an important role in market expansion. In addition, the US and Canada are the key contributors to the market in the region. Hence, these factors are expected to drive market growth during the forecast period.

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report

Access Control as a Service Market 2023-2027: Key Highlights

• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist access control as a service market growth during the next five years
• Estimation of the access control as a service market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the access control as a service market
• Analysis of the market's competitive landscape and detailed information on companies
• Comprehensive details of factors that will challenge the growth of access control as a service market, companies

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Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Company Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of companies included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global access control as a service market 2017 - 2021 
• Exhibit 18: Historic Market Size – Data Table on global access control as a service market 2017 - 2021 ($ million)

• 4.2 End-user Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.3 Type Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 Government - Market size and forecast 2022-2027 
• Exhibit 34: Chart on Government - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Government - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Government - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Government - Year-over-year growth 2022-2027 (%)

• 6.4 Healthcare - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)

• 6.5 Transportation - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Transportation - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Transportation - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Transportation - Year-over-year growth 2022-2027 (%)

• 6.6 Retail - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Retail - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Retail - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Retail - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ million)
• Exhibit 55: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Type

• 7.1 Market segments
• Exhibit 56: Chart on Type - Market share 2022-2027 (%)
• Exhibit 57: Data Table on Type - Market share 2022-2027 (%)

• 7.2 Comparison by Type
• Exhibit 58: Chart on Comparison by Type
• Exhibit 59: Data Table on Comparison by Type

• 7.3 Managed service - Market size and forecast 2022-2027 
• Exhibit 60: Chart on Managed service - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on Managed service - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on Managed service - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on Managed service - Year-over-year growth 2022-2027 (%)

• 7.4 Hosted service - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Hosted service - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Hosted service - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Hosted service - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Hosted service - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Type 
• Exhibit 68: Market opportunity by Type ($ million)
• Exhibit 69: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 71: Chart on Market share by geography 2022-2027 (%)
• Exhibit 72: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 73: Chart on Geographic comparison
• Exhibit 74: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027 
• Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027 
• Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027 
• Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027 
• Exhibit 99: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Germany - Market size and forecast 2022-2027 
• Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.11 Italy - Market size and forecast 2022-2027 
• Exhibit 107: Chart on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 108: Data Table on Italy - Market size and forecast 2022-2027 ($ million)
• Exhibit 109: Chart on Italy - Year-over-year growth 2022-2027 (%)
• Exhibit 110: Data Table on Italy - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027 
• Exhibit 111: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 112: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 113: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 114: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 115: Market opportunity by geography ($ million)
• Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 117: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Company Landscape

• 11.1 Overview

• 11.2 Company landscape
• Exhibit 118: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 119: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 120: Impact of key risks on business

12 Company Analysis

• 12.1 Companies covered 
• Exhibit 121: Companies covered

• 12.2 Market positioning of companies 
• Exhibit 122: Matrix on company position and classification

• 12.3 ASSA ABLOY AB
• Exhibit 123: ASSA ABLOY AB - Overview
• Exhibit 124: ASSA ABLOY AB - Business segments
• Exhibit 125: ASSA ABLOY AB - Key news
• Exhibit 126: ASSA ABLOY AB - Key offerings
• Exhibit 127: ASSA ABLOY AB - Segment focus

• 12.4 Brivo Inc.
• Exhibit 128: Brivo Inc. - Overview
• Exhibit 129: Brivo Inc. - Product / Service
• Exhibit 130: Brivo Inc. - Key offerings

• 12.5 Broadcom Inc.
• Exhibit 131: Broadcom Inc. - Overview
• Exhibit 132: Broadcom Inc. - Business segments
• Exhibit 133: Broadcom Inc. - Key news
• Exhibit 134: Broadcom Inc. - Key offerings
• Exhibit 135: Broadcom Inc. - Segment focus

• 12.6 Centrify Corp.
• Exhibit 136: Centrify Corp. - Overview
• Exhibit 137: Centrify Corp. - Product / Service
• Exhibit 138: Centrify Corp. - Key offerings

• 12.7 Cloudastructure Inc.
• Exhibit 139: Cloudastructure Inc. - Overview
• Exhibit 140: Cloudastructure Inc. - Product / Service
• Exhibit 141: Cloudastructure Inc. - Key offerings

• 12.8 Datawatch Systems Inc. 
• Exhibit 142: Datawatch Systems Inc. - Overview
• Exhibit 143: Datawatch Systems Inc. - Product / Service
• Exhibit 144: Datawatch Systems Inc. - Key offerings

• 12.9 Dormakaba Holding AG
• Exhibit 145: Dormakaba Holding AG - Overview
• Exhibit 146: Dormakaba Holding AG - Business segments
• Exhibit 147: Dormakaba Holding AG - Key offerings
• Exhibit 148: Dormakaba Holding AG - Segment focus

• 12.10 Feenics Inc.
• Exhibit 149: Feenics Inc. - Overview
• Exhibit 150: Feenics Inc. - Product / Service
• Exhibit 151: Feenics Inc. - Key offerings

• 12.11 Honeywell International Inc. 
• Exhibit 152: Honeywell International Inc. - Overview
• Exhibit 153: Honeywell International Inc. - Business segments
• Exhibit 154: Honeywell International Inc. - Key news
• Exhibit 155: Honeywell International Inc. - Key offerings
• Exhibit 156: Honeywell International Inc. - Segment focus

• 12.12 International Business Machines Corp. 
• Exhibit 157: International Business Machines Corp. - Overview
• Exhibit 158: International Business Machines Corp. - Business segments
• Exhibit 159: International Business Machines Corp. - Key news
• Exhibit 160: International Business Machines Corp. - Key offerings
• Exhibit 161: International Business Machines Corp. - Segment focus

• 12.13 Microsoft Corp.
• Exhibit 162: Microsoft Corp. - Overview
• Exhibit 163: Microsoft Corp. - Business segments
• Exhibit 164: Microsoft Corp. - Key news
• Exhibit 165: Microsoft Corp. - Key offerings
• Exhibit 166: Microsoft Corp. - Segment focus

• 12.14 Motorola Solutions Inc. 
• Exhibit 167: Motorola Solutions Inc. - Overview
• Exhibit 168: Motorola Solutions Inc. - Business segments
• Exhibit 169: Motorola Solutions Inc. - Key offerings
• Exhibit 170: Motorola Solutions Inc. - Segment focus

• 12.15 Oracle Corp.
• Exhibit 171: Oracle Corp. - Overview
• Exhibit 172: Oracle Corp. - Business segments
• Exhibit 173: Oracle Corp. - Key news
• Exhibit 174: Oracle Corp. - Key offerings
• Exhibit 175: Oracle Corp. - Segment focus

• 12.16 Thales Group
• Exhibit 176: Thales Group - Overview
• Exhibit 177: Thales Group - Business segments
• Exhibit 178: Thales Group - Key news
• Exhibit 179: Thales Group - Key offerings
• Exhibit 180: Thales Group - Segment focus

• 12.17 Vector Security Inc.
• Exhibit 181: Vector Security Inc. - Overview
• Exhibit 182: Vector Security Inc. - Product / Service
• Exhibit 183: Vector Security Inc. - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 184: Inclusions checklist
• Exhibit 185: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 186: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 187: Research methodology
• Exhibit 188: Validation techniques employed for market sizing
• Exhibit 189: Information sources

• 13.5 List of abbreviations
• Exhibit 190: List of abbreviations

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