The access control system averts unauthorized entry and enables company management to put limitations on what places personnel access to depending on their role within a company has. Access control system widely implemented in many warehouse complexes, parking lots, garages, hotels, educational institutions or business centers, and many more. Turnstiles, swipe cards, video intercoms, and alarm systems are the constituent part of the access control system. As digital technology changes, AcaaS takes security to a new level.This growth is primarily driven by Rising Demand for ACaaS from End-Use Industries and Increased Security Risks in IT Industry by BYOD Policies.
Globally, a noticeable market trend is evident Growing Adoption of IoT and Increased Use of Cloud Computing Platforms. Major Players, such as Brivo Inc. (United States), Cloudastructure Inc. (United States), Tyco Security Products (United States), ASSA Abloy AB (Sweden), Dorma+Kaba Holding AG (Switzerland), Microsoft Corporation (United States), Cisco Systems, Inc. (United States), Gemalto NV (Netherlands), Honeywell Security (United States) and Vanderbilt Industries (Ireland) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On Apr 02, 2019 - Thales has today completed the acquisition of Gemalto, creating a global leader in digital identity and security.
- Rising Demand for ACaaS from End-Use Industries
- Increased Security Risks in IT Industry by BYOD Policies
- Growing Adoption of IoT and Increased Use of Cloud Computing Platforms
- Slow Adoption Rate to Latest Technologies by Traditional Access Control Systems Integrators and Installers
Potential Growth Offered by Untapped Market
Concerns Related to Security and Data Breach
AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization of the Report:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase