Market Overview

Opportunity Analysis on the Global Access Control Market 2018-2023 - Residential Control Systems are One of the Prime Markets - ResearchAndMarkets.com

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The "Global
Access Control Market - Growth, Trends and Forecast (2018 - 2023)"

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Global Access Control Market was valued at USD 6.8 billion in 2017, and
is expected to reach a value of USD 11.1 billion by 2023 at a CAGR of
8.45%, over the forecast period (2018-2023).

According to the FBI's Internet Crime Complaint Center (IC3), the
Business Email Compromise (BEC) scam saw an increase of 1,300% in
identified exposed losses, totaling over USD 3 billion, since January
2015. Such losses could be better controlled through the use of access
control software. According to the Association of Fraud Examiners in
2015 the amount of internal theft accounts for about 5% of annual
revenue for companies.

The implementation of access control systems contributes to the growth
in the safety and security of office surroundings. Such identity theft
of data has been increasing owing to which governments have been
adopting the use of access control systems. As the cyber attacks, frauds
and government authentication mandates continue to grow in
sophistication and scope, the need to strengthen security while reducing
costs is paramount across various industry verticals.

Key Highlights

  • Increasing Threats for Identity Theft Emphasize the Growth in the Use
    of Access Control for Governments
  • Residential Control Systems are One of the Prime Markets for Access
    Control Market
  • North America has Been Found to Have High Adoption for Business
    Process Management

Developments in the Market

  • April 2018 - Fort Campbell is being installed with access control
    mechanisms to check driving licenses as well as military ID.
  • April 2018 - Indian railways strengthens surveillance mechanism and
    has identified about 202 railway stations to install Integrated
    Security Systems etc.

Key Topics Covered

1. Introduction

2. Executive Summary

3. Market Dynamics

4. Technology Snapshot

5. Global Access Control Market Segmentation and Forecast

6. Competitive Intelligence - Company Profiles

  • Honeywell Security Group
  • AMAG Technology Inc.
  • ASSA Abloy AB Group
  • Gallagher Group Limited
  • Gemalto NV
  • Crossmatch Technologies Inc.
  • Morpho SA
  • Samsung Techwin
  • 3M Cogent
  • NEC Corporation

7. Investment Analysis

8. Future of Global Access Control Market

For more information about this report visit https://www.researchandmarkets.com/research/66z2xc/opportunity?w=4

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