Access Control Market Report Forecasts Impressive Growth by 2022 - Scalar Market Research

According to the report, “Access Control Market, by Technology (Technology Type, Deployment Type), Services (Integration & Installation, Access Control as a Service, Support & Maintenance Service), Applications (Residential, Government, Military & Defense, Commercial & Services, Public Transport), and Geography (North America, Europe, Asia-Pacific, Middle East & Africa, Latin America) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022”, the market for access control is predicted to grow at a steady rate during the forecast period.

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According to the access control market report, the global market is expected to witness healthy growth during the forecast period. The major driving factors for the market include the rise in security threats around the world and the rising demand for the access control technology. Apart from that, the advancing technologies, increasing initiatives from the governments, and the developments in the urban infrastructure are also some of the major driving factors highlighted in this report. Innovations in the Access Control as a Service (ACaaS) are also attributed to the increasing growth opportunities in the global market. However, connected security threats are mentioned as one of the major driving factors for this market on the global scale.

The access control market report segments the global market by technology, services, applications, and geographic regions. The technology segments are divided into technology type and deployment type, which are sub-segmented further. The application segments include government, residential, commercial & services, military & defense, and public transport. The major geographic regions include Europe, Latin America, Asia-Pacific, North America, and Middle East & Africa. According to the report, the Latin America region is expected to grow at an impressive CAGR during the forecast period.

The access control market report includes some of the major market players, which include:

1. 3M Co.,
2. Allegion plc,
3. AMAG Technology, Inc.,
4. ASSA Abloy,
5. Avaya, Inc.,
6. Gemalto NV,
7. Honeywell Security Group,
8. Identiv, Inc.,
9. Morpha SA,
10. NEC Corporation,

According to the report, the emerging markets are going to present attractive growth and business opportunities for the key market players. The Latin America region is expected to dominate the global market during the forecast period. Asia-Pacific, on the other hand, is expected to grow at the fastest rate.

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