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Market Growth of Wireless Access Control to Remain Sluggish During 2017 - 2025

11-20-2017 08:36 AM CET | IT, New Media & Software

Press release from: Transparency Market Research

Market Growth of Wireless Access Control to Remain Sluggish

Wireless technology has become one of the most commonly deployed technology. It is now observed as a standard tool that the integrators can deploy in a variety of environment and applications. Wireless access control systems use cutting-edge-technology that allows the end users to access to their facilities from VPN-connected machines, remote work stations or via a central networked computer. These wireless systems uses radio frequency technology to communicate in real time with a centrally based computer system.

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These locks are perceptively programmed and instantaneously make access decisions based on the access rights of the individual. Wireless access control systems response quickly and they require no communication with the network controllers or server thus avoiding problems when network congestion occurs. Radio frequency technology offers an opportunity to a wide range of access-control system providers to integrate traditional doors with mechanical locks into wireless access control systems cost effectively.

As a result, facility and security managers now have better control on monitoring the organizational activities as they only need to look over a single security system, while the customers will need a RFID access control card. Installing wireless access control systems are typically faster than traditional hardwired solution implementation. When wanting to backfit older structures with modern access control systems, a wireless solution may be the only worthwhile option the individual to use. Also, wireless readers are not limited to doors – wireless solutions exist for exit devices, gates and elevators. Wireless systems work with most of today’s access control systems.

The demand for connected information and the modernization of advanced technologies are further predicted to support the growth of wireless access control market over the forecast period. The high efficiency of these devices and exclusion of mechanical support staff accompanied with these innovative technologies are estimated to propel the wireless access control market growth. High implementation cost may act as a challenge to the market. Moreover, one of the major disadvantages of Wireless access control is the security issue for organizations using it.

Global Wireless access control Market has been segmented on the basis of its type, end-user industry, enterprise size and region. Based on the type, the wireless access control market is segmented as Networked Wireless Access Control and standalone wireless access control systems. A networked wireless access control system is usually connected together via data-collection panels to a single computer or server. These data-collecting panels can communicate to the central computer over a wired system which are IP-based.

In a standalone type wireless access control system, each door or portal is controlled by a reader that can store many transactions and card numbers of the users. The advantage of a standalone wireless access control system is that it can be installed virtually anywhere without the need of implementation of communication infrastructure. On the basis of end-user industry market can be segmented such as Banking, Healthcare, Government and Commercial. Banking and government sector is expected to remain one of the leading end-use industry in the global wireless access control market over the next coming years. Increasing security issues in banking sector are compelling the banks to incorporate these systems thus supporting the growth of the market in this sector. The healthcare and commercial and sectors are also estimated to grow at a considerable rate attributing over the forecast period.

Region wise, global Wireless access control discovery market is segmented into North America, South America, Europe, Asia Pacific (APAC) and Middle East and Africa (MEA). North America is projected to be the foremost regional market over the coming few years, mainly attributing to the presence of the technological advancements and major industry players in this region. Asia Pacific is estimated to grow considerably due to continuously rising information technology (IT) sector in countries such as China, Japan, Philippines, South Korea and India.

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The key vendors in the global Wireless access control market are Altman Integrated Technologies Ltd (AIT), Tyco Security Products, Kaba and Cansec Systems Ltd.

About US
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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