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PUBLISHER: SkyQuest | PRODUCT CODE: 1478075

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PUBLISHER: SkyQuest | PRODUCT CODE: 1478075

Global Access Control As a Service Market Size, Share, Growth Analysis, By Component, By Type(Mandatory access control, Discretionary access control ), By Application - Industry Forecast 2024-2031

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Global Access Control As a Service Market size was valued at USD 1.05 billion in 2022 and is poised to grow from USD 1.22 billion in 2023 to USD 4.12 billion by 2031, growing at a CAGR of 16.4% during the forecast period (2024-2031).

The public and private sectors' growing concerns about security has resulted in a significant adoption of advanced technological solutions. Demand for automated solutions that provide 24/7 security and access management is rising in both residential and business settings. Notably, Software as a Service (SaaS) approaches are combined with the benefits of on-premises devices to create Access Control as a Service (ACaaS), a popular option. Users respond well to this hybrid strategy since it provides safe remote data storage and backup. Furthermore, the demand for ACaaS solutions in the security environment has increased due to their popularity and capacity to keep detailed records of previous accesses and actions.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Access Control As a Service Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the Market size includes the following details: The key players in the Market were identified through secondary research, and their Market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top Market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Access Control As a Service Market Segmental Analysis

Global Access Control As a Service Market is segmented on the basis of various segments and regions. Based on the component, the market has been segregated into hardware, software, and services. Based on the type, the access control market has segmented into mandatory access control (MAC), discretionary access control (DAC), and role-based access control (RBAC). By application, the access control market has been classified into homeland security, commercial, residential, and industrial. Geographically, the market is studied for five major regions, namely North America, South America, Europe, the Middle East & Africa, and Asia Pacific.

Drivers of the Global Access Control As a Service Market

Because cloud-based solutions are more affordable and convenient than traditional ones, businesses of all sizes are beginning to prefer them. Currently, a vast array of enterprise systems function in a cloud environment; these systems include email services, marketing platforms, sales CRMs, productivity tools, IT infrastructure management, messaging systems, and website hosting, among other essential functions. The increasing demand for cloud-based security systems can be attributed in large part to the growing popularity of Access Control as a Service (ACaaS) services, which enable remote security control through online platforms.

Restraints in the Global Access Control As a Service Market

There are differences in cost between biometric systems, smart cards, keypad access, and smartphone-based options. Although conventional physical key-based lock systems might seem affordable at first, the costs associated with changing locks or rekeying them can quickly add up. Furthermore, the total cost of the system may increase even more when additional features are added to raise security levels. Access control systems with more sophisticated features and extra security layers, like buzzer systems, intercoms, card-based setups, or biometrics, have greater starting prices. The possibility of increased expenses linked to these systems could potentially hinder their general adoption and impact the decision-making processes of companies that are contemplating the implementation of access control.

Market Trends of the Global Access Control As a Service Market

Enterprise mobility strategies are becoming increasingly important in the corporate sector as a result of people's growing reliance on smartphones and other mobile devices. This dramatic change has led to an increased need for mobile technologies in corporate operations. Out of all the mobile solutions available, mobile credentials have become one of the most in-demand items. Due to the vulnerability of traditional authentication cards-which are frequently not encrypted-to cloning, Seos technology-based credential networks have become more and more popular in a variety of businesses. This increased uptake indicates that the need for safe, encrypted mobile access solutions to support workplace security protocols is becoming more pressing.

Product Code: SQMIG45A2201

Table of Contents

Executive Summary

  • Market Overview
  • Wheel of Fortune

Research Methodology

  • Information Procurement
  • Secondary & Primary Data Sources
  • Market Size Estimation
  • Market Assumptions & Limitations

Parent Market Analysis

  • Market Overview
  • Market Size
  • Market Dynamics
    • Drivers
    • Opportunities
    • Restraints
    • Challenges

Key Market Insights

  • Technology Analysis
  • Pricing Analysis
  • Supply Chain Analysis
  • Value Chain Analysis
  • Ecosystem of the Market
  • IP Analysis
  • Trade Analysis
  • Startup Analysis
  • Raw Material Analysis
  • Innovation Matrix
  • Pipeline Product Analysis
  • Macroeconomic Indicators
  • Top Investment Analysis
  • Key Success Factor
  • Degree of Competition

Market Dynamics & Outlook

  • Market Dynamics
    • Drivers
    • Opportunities
    • Restraints
    • Challenges
  • Regulatory Landscape
  • Porters Analysis
    • Competitive rivalry
    • Threat of Substitute Products
    • Bargaining Power of Buyers
    • Threat of New Entrants
    • Bargaining Power of Suppliers
  • Skyquest Special Insights on Future Disruptions
    • Political Impact
    • Economic Impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Global Access Control As a Service Market by Component

  • Market Overview
  • Hardware
  • Software
  • and Services

Global Access Control As a Service Market by Type

  • Market Overview
  • Mandatory access control (MAC)
  • Discretionary access control (DAC)
  • and Role-based access control (RBAC)

Global Access Control As a Service Market by Application

  • Market Overview
  • Homeland security
  • Commercial
  • Residential
  • and Industrial

Global Access Control As a Service Market Size by Region

  • Market Overview
  • North America
    • USA
    • Canada
  • Europe
    • Germany
    • Spain
    • France
    • UK
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC Countries
    • South Africa
    • Rest of MEA

Competitive Landscape

  • Top 5 Player Comparison
  • Market Positioning of Key Players, 2023
  • Strategies Adopted by Key Market Players
  • Top Winning Strategies
    • By Development
    • By Company
    • By Year
  • Recent Activities in the Market
  • Key Companies Market Share (%), 2023

Key Company Profiles

  • Suprema Inc.
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Hanwha Techwin Co. Ltd
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Thales Group (Gemalto NV)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Bosch Security System Inc.
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Honeywell International Inc
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Tyco International Plc (Johnson Controls)
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Allegion PLC
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • ASSA ABLOY AB Group
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Schneider Electric SE
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Panasonic Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Brivo Systems, LLC
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Identiv, Inc.
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Nedap NV
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Dormakaba Holding AG
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • NEC Corporation
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Idemia Group
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
  • Axis Communications AB
    • Company Overview
    • Business Segment Overview
    • Financial Updates
    • Key Developments
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