Growth Opportunities in the Access Control Solutions Market, Global, 2023 2030
Published on: 22-Aug-2024 | SKU: AE_2024_955

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Abstract     Access control solutions are the cornerstone of numerous organizations’ physical security measures, allowing them to safeguard all entry and exit points around their premises and protect their employees, customers, and assets from potential risks. Due to their longstanding use, these solutions have not evolved much in the past few decades, despite digital advancements in the security industry. People often still need to present a physical token, whether an ID badge, card, or key, to a reader or lock to verify their access rights to a facility.

Although digital solutions—such as biometric readers and scanners—and enhanced integration of access control data with other physical security system data have emerged, the shift has been gradual compared to other physical security technologies. However, the COVID-19 pandemic and the swift move to hybrid workforces catalyzed the access control solution industry. Organizations began seeking solutions that could better facilitate remote monitoring, provide integrated views of multiple work sites, support digital onboarding, utilize biometric credentials for identity verification, and offer numerous other functions.

The global access control solutions market comprises a small group of established vendors that have consistently provided hardware and supplementary software as digitalization took root. However, the evolving demands for physical access systems have opened the market to new vendors and driven additional innovation among competitors aiming to maintain their long-term advantage. This benefits customers by offering more choices, enhanced functionality, and a faster pace of technological development that the industry lacked.

Author: Dolores Aleman

The Impact of the Top 3 Strategic Imperatives on the Global Access Control Solutions Industry

Competitive Intensity

Why

  • With security technologies converging, vendors must ensure their solutions work with other systems across the security ecosystem.
  • Access control systems must integrate and seamlessly share data with surveillance, incident detection, and security operations centers.

Frost Perspective

  • The access control solutions market was reluctant to integrate with the broader security ecosystem, but the COVID-19 pandemic drove vendors to ensure access control data became more remotely accessible.
  • Legacy integration and remote capabilities are important for vendors with limited budgets who cannot afford to invest in new security systems.

Disruptive Technologies

Why

  • The adoption of biometric authentication methods, such as fingerprints and facial recognition, is increasing. These technologies provide higher security, and users are integrating them into traditional access control systems for better identification.
  • Increasing cyberthreats are leading access control vendors to develop solutions that users can manage quickly and effectively.

Frost Perspective

  • AI advancements enhance biometric systems’ accuracy and efficiency by improving pattern recognition and anomaly detection.
  • Introducing user-friendly access control systems will allow customers to understand and manage information and avoid possible incidents.

Industry Convergence

Why

  • The ongoing convergence among security technologies of all types compels vendors to ensure that their solutions work with other systems across the security ecosystem.
  • This will require access control systems to easily integrate and share data with surveillance, incident detection, and security operations centers.

Frost Perspective

  • Access control solution vendors need to integrate physical and cybersecurity solutions to avoid possible organizational incidents because of emerging threats.
  • For budgetary reasons, organizations seek to integrate new digital solutions into legacy systems and avoid making large investments.

 

Scope of Analysis

  • Access control solutions can include specialized access points within a facility to create more secure areas or zones that users fortify further and are only accessible to specific personnel.
  • Hardware components include access point readers, locks, and the machinery necessary to open or close entrances and exits and fortify the access points.
  • Software solutions include system management platforms that display access logs and system data that entry points gather throughout the facilities. The solutions offer detailed logs of who accessed these areas and where and when this occurred.
  • Access control solution vendors and system integrators specializing in software technology and the specific design characteristics of the hardware components within these systems sell them as combined hardware and software solutions.
  • Introducing AI increases an access control system’s accuracy and security. AI and machine learning algorithms quickly synthesize information and analyze data from all access control sources, generating thorough and timely reports on building patterns and use cases and making recommendations for improvement.
  • The access control market does not include key cards and fob tokens, which users present to access the system, or physical barriers such as bollards, fencing, and gates.

 

Vertical Segmentation

Access Control Solutions

Law Enforcement

This segment includes local, state, and federal law enforcement agencies that provide public safety operations and criminal justice enforcement. The segment includes facilities that these agencies own, such as precincts, jails, training centers, and storage locations.

Retail

This segment includes businesses specializing in purchasing and selling tangible goods in a physical location or a network of physical locations. The segment includes business headquarters, product warehouses and distribution centers, operational offices, and customer-facing stores.

Enterprise

This segment includes small-, medium-, and large-scale businesses with a single corporate campus, multiple physical sites, or locations across multiple geographies. The segment comprises a wide range of industry subsets, such as B2B and B2C businesses and other service-based organizations.

Utilities

This segment includes water and power utility organizations that provide resources to the general population within a specified geography. The segment comprises central grid and distribution sites, power generation hubs, and additional distribution nodes.

Banking and Financial Services

This segment comprises banking facilities, including retail locations and central offices, requiring access control systems to secure buildings and areas within a facility from the public.

Airports

This segment includes the airport security operations that airports manage. The segment excludes areas of the airport that other organizations (e.g., federal agents and law enforcement) operate.

 

Regional Segmentation

  • Access Control Solutions
    • Asia-Pacific
    • Europe
    • Latin America
    • Middle East
    • North America
    • Africa
    • Central Asia

 

Competitive Environment

Number of CompetitorsMore than 50 with revenue greater than $1 million
Competitive FactorsOpen integration, legacy connectivity, cost, cloud and hybrid architecture, service options, digital advances
Key End-user Industry VerticalsLaw enforcement, retail, enterprise, utilities, banking and financial services, airports
Leading CompetitorsGenetec, HID, Acre, IDEMIA, Identiv, ASSA ABLOY, Motorola Solutions
Other Notable CompetitorsBrivo, Zwipe, Alcatraz AI, ZKTeco
Distribution StructureSystem integrators, direct sales
Notable Acquisitions and MergersBioConnect acquired MedixSafe, HID Global partnered with Inner Range

 

Key Competitors by Region

Global

  • Arc security
  • Brivo
  • HID global
  • Motorola Solutions
  • ZX Tec
  • Kisi
  • Nuki
  • Allegion group
  • Nedap
  • Suprema
  • Kastle Systems
  • Thales group
  • IDEMIA
  • AMAG
  • Salto Systems
  • Genetec
  • Alert Enterprise
  • 3X Logic
  • Idcube
  • Sentry Interactive
  • Giesecke+Devrient

North America

  • Alcatraz AI
  • Dormakaba
  • Biconnect
  • Lenel S2
  • ASSA ABLOY
  • Alocity
  • Parabit
  • Prodata key
  • Reconasense
  • Safetrust
  • Sielex
  • Sointrol
  • Autel Mobility
  • Arc Security
  • Brivo
  • HID global
  • Motorola solutions
  • ZX Tec
  • Kisi
  • Allegion Group
  • Nedap
  • Suprema
  • Kastle Systems
  • Thales Group
  • IDEMIA
  • AMAG
  • 2N
  • Salto Systems
  • Honeywell
  • Genetec
  • 3X Logic
  • Identity
  • Sentry Interactive
  • Giesecke+Devrient

Europe

  • Zwipe
  • Deister Electronics
  • Arc Security
  • Brivo
  • HID Global
  • Motorola solutions
  • ZX Tec
  • Kisi
  • Nuki
  • Allegion Group
  • Nedap
  • Suprema
  • Kastle Systems
  • Thales Group
  • IDEMIA
  • AMAG
  • 2N
  • Salto Systems
  • Honeywell
  • Genetec
  • 3X Logic
  • Sentry Interactive
  • Giesecke+Devrient

Asia-Pacific

  • Giesecke+devrient
  • Arc Security
  • HID Global
  • Motorola Solutions
  • ZX Tec
  • Allegion Group
  • Nedap
  • Suprema
  • Kastle systems
  • Thales Group
  • IDEMIA
  • AMAG
  • Salto Systems

Central Asia

  • Zwipe
  • Deister Electronics
  • Acre Security
  • Brivo
  • HID Global
  • Motorola Solutions
  • ZX Teco
  • Kisi
  • Nuki
  • Allegion Group
  • Nedap
  • Suprema
  • Thales Group
  • IDEMIA
  • AMAG
  • 2N
  • Salto Systems
  • Honeywell
  • Genetec
  • 3X Logic
  • Identity
  • Sentry Interactive
  • Giesecke-Devient

Middle East

  • Zwipe
  • Deister Electronics
  • Acre Security
  • Brivo
  • HID Global
  • Motorola Solutions
  • ZX Teco
  • Kisi
  • Nuki
  • Allegion Group
  • Nedap
  • Suprema
  • Thales Group
  • IDEMIA
  • AMAG
  • 2N
  • Salto Systems
  • Honeywell
  • Genetec
  • 3X Logic
  • Identity
  • Sentry Interactive
  • Giesecke-Devient

Africa

  • Zwipe
  • Deister Electronics
  • Acre Security
  • Brivo
  • HID Global
  • Motorola Solutions
  • ZX Teco
  • Kisi
  • Nuki
  • Allegion Group
  • Nedap
  • Suprema
  • Thales Group
  • IDEMIA
  • AMAG
  • 2N
  • Salto Systems
  • Honeywell
  • Genetec
  • 3X Logic
  • Identity
  • Sentry Interactive
  • Giesecke-Devient

 

Key Competitors by Vertical

Law Enforcement

  • AMAG
  • HID Global
  • Identiv
  • LenelS2
  • Salto Systems
  • IDEMIA

Enterprise

  • Alcatraz AI
  • Arcules
  • Brivo
  • Galaxy Access Control
  • LenelS2
  • Motorola Solutions
  • Alert Enterprise
  • Acre
  • Kisi
  • Nuki
  • Kastle Systems
  • Zwipe
  • Bioconnect
  • Genea
  • ASSA ABLOY
  • ID Cube
  • Safetrust
  • Sentry Interactive
  • Spintly

Retail

  • Alcatraz AI
  • Arcules
  • Brivo
  • Genea
  • Motorola Solutions
  • Salto Systems
  • Acre
  • Parabit
  • Kisi
  • Nedap
  • Bioconnect

Airports

  • AMAG
  • LenelS2
  • Thales Group
  • ZK Teco
  • Alert Enterprise
  • Acre
  • IDEMIA

Banking and Financial Services

  • ASSA ABLOY
  • Brivo
  • IDEMIA
  • Identiv
  • LenelS2
  • Motorola Solutions
  • ZK Teco
  • Alert Enterprise
  • Acre
  • Parabit
  • Kisi
  • Kastle Systems
  • Zwipe
  • Bioconnect
  • Silex

Utilities

  • AMAG
  • Galaxy Access Control
  • HID Global
  • LenelS2
  • Salto Systems
  • Alert Enterprise
  • Acre security

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the Global Access Control Solutions Industry

Scope of Analysis

Vertical Segmentation

Regional Segmentation

Competitive Environment

Key Competitors by Region

Key Competitors by Region (continued)

Key Competitors by Vertical

Growth Metrics

Access Control Technologies

Types of Access Control Systems

Growth Drivers

Growth Restraints

Forecast Considerations

Forecast Considerations (continued)

Spending and Growth Forecast

Spending Forecast by Customer Vertical

Spending Forecast by Region

Spending Forecast Analysis

Forecast Analysis by Region

Forecast Analysis by Region (continued)

Forecast Analysis by Industry Vertical

Forecast Analysis by Industry Vertical (continued)

Pricing Trends and Forecast Analysis

Growth Metrics—Law Enforcement

Spending and Growth Forecast—Law Enforcement

Spending Forecast by Region—Law Enforcement

Forecast Analysis

Forecast Analysis by Region—Law Enforcement

Forecast Analysis by Region—Law Enforcement (continued)

Growth Metrics—Airports

Spending and Growth Forecast—Airports

Spending Forecast by Region—Airports

Forecast Analysis

Forecast Analysis by Region—Airports

Forecast Analysis by Region—Airports (continued)

Growth Metrics—Enterprise

Spending and Growth Forecast—Enterprise

Spending Forecast by Region—Enterprise

Forecast Analysis

Forecast Analysis by Region—Enterprise

Forecast Analysis by Region—Enterprise (continued)

Growth Metrics, Retail

Spending and Growth Forecast, Retail

Spending Forecast by Region—Retail

Forecast Analysis

Forecast Analysis by Region—Retail

Forecast Analysis by Region—Retail (continued)

Growth Metrics, Banking and Financial Services

Spending and Growth Forecast—Banking and Financial Services

Spending Forecast by Region—Banking and Financial Services

Forecast Analysis

Forecast Analysis by Region—Banking and Financial Services

Forecast Analysis by Region—Banking and Financial Services (continued)

Growth Metrics—Utilities

Spending and Growth Forecast—Utilities

Spending Forecast by Region—Utilities

Forecast Analysis

Forecast Analysis by Region—Utilities

Forecast Analysis by Region—Utilities (continued)

Growth Opportunity 1—Adopting Cloud-based Architecture for Access Control Systems

Growth Opportunity 1—Adopting Cloud-based Architecture for Access Control Systems (continued)

Growth Opportunity 2—Convergence of Legacy Systems with New Access Control Capabilities

Growth Opportunity 2—Convergence of Legacy Systems with New Access Control Capabilities (continued)

Growth Opportunity 3—Improving Cybersecurity Measures Due to Growing Emerging Threats

Growth Opportunity 3—Improving Cybersecurity Measures Due to Growing Emerging Threats (continued)

Growth Opportunity 4—Increased Use of Mobile Credentials and Biometrics

Growth Opportunity 4—Increased Use of Mobile Credentials and Biometrics (continued)

Growth Opportunity 5—Implementing Two-factor Authentication to Enhance Security Protocols

Growth Opportunity 5—Implementing Two-factor Authentication to Enhance Security Protocols (continued)

Best Practice Recognition

Frost Radar

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

List of Figures
  • Access Control Solutions: Growth Metrics, Global, 2023
  • Access Control Solutions: Growth Drivers, Global, 2024–2030
  • Access Control Solutions: Growth Restraints, Global, 2024–2030
  • Access Control Solutions: Spending and Growth Forecast, Global, 2023–2030
  • Access Control Solutions: Spending Forecast by Customer Vertical, 2023–2030?
  • Access Control Solutions: Spending Forecast by Region, 2023–2030?
  • Access Control Solutions: Growth Metrics for Law Enforcement, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Law Enforcement, Global, 2023–2030
  • Access Control Solutions: Spending by Region, 2023–2030?
  • Access Control Solutions: Growth Metrics for Airports, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Airports, Global, 2023–2030
  • Access Control Solutions: Growth Metrics for Enterprise, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Enterprise, Global, 2023–2030
  • Access Control Solutions: Growth Metrics for Retail, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Retail, Global, 2023–2030
  • Access Control Solutions: Spending by Region, 2023–2030?
  • Access Control Solutions: Growth Metrics for Banking and Financial Services, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Banking and Financial Services, Global, 2023–2030
  • Access Control Solutions: Growth Metrics for Utilities, Global, 2023
  • Access Control Solutions: Spending and Growth Forecast for Utilities, Global, 2023–2030

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Abstract Access control solutions are the cornerstone of numerous organizations physical security measures, allowing them to safeguard all entry and exit points around their premises and protect their employees, customers, and assets from potential risks. Due to their longstanding use, these solutions have not evolved much in the past few decades, despite digital advancements in the security industry. People often still need to present a physical token, whether an ID badge, card, or key, to a reader or lock to verify their access rights to a facility. Although digital solutions such as biometric readers and scanners and enhanced integration of access control data with other physical security system data have emerged, the shift has been gradual compared to other physical security technologies. However, the COVID-19 pandemic and the swift move to hybrid workforces catalyzed the access control solution industry. Organizations began seeking solutions that could better facilitate remote monitoring, provide integrated views of multiple work sites, support digital onboarding, utilize biometric credentials for identity verification, and offer numerous other functions. The global access control solutions market comprises a small group of established vendors that have consistently provided hardware and supplementary software as digitalization took root. However, the evolving demands for physical access systems have opened the market to new vendors and driven additional innovation among competitors aiming to maintain their long-term advantage. This benefits customers by offering more choices, enhanced functionality, and a faster pace of technological development that the industry lacked. Author: Dolores Aleman
More Information
Deliverable Type Market Research
Author Dolores Aleman
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Access Control Solutions
Keyword 2 Global Security Market
Keyword 3 Access Control Innovations
List of Charts and Figures Access Control Solutions: Growth Metrics, Global, 2023~ Access Control Solutions: Growth Drivers, Global, 2024–2030~ Access Control Solutions: Growth Restraints, Global, 2024–2030~ Access Control Solutions: Spending and Growth Forecast, Global, 2023–2030~ Access Control Solutions: Spending Forecast by Customer Vertical, 2023–2030?~ Access Control Solutions: Spending Forecast by Region, 2023–2030?~ Access Control Solutions: Growth Metrics for Law Enforcement, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Law Enforcement, Global, 2023–2030~ Access Control Solutions: Spending by Region, 2023–2030?~ Access Control Solutions: Growth Metrics for Airports, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Airports, Global, 2023–2030~ Access Control Solutions: Growth Metrics for Enterprise, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Enterprise, Global, 2023–2030~ Access Control Solutions: Growth Metrics for Retail, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Retail, Global, 2023–2030~ Access Control Solutions: Spending by Region, 2023–2030?~ Access Control Solutions: Growth Metrics for Banking and Financial Services, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Banking and Financial Services, Global, 2023–2030~ Access Control Solutions: Growth Metrics for Utilities, Global, 2023~ Access Control Solutions: Spending and Growth Forecast for Utilities, Global, 2023–2030~
Podcast No
Predecessor K760-01-00-00-00
WIP Number KA8F-01-00-00-00

Growth Opportunities in the Access Control Solutions Market, Global, 2023 2030

Aerospace, Defence and SecurityGrowth Opportunities in the Access Control Solutions Market, Global, 2023 2030

The Modernization of Access Control Solutions is Driving Transformational Growth by Converging with Legacy Security Systems

RELEASE DATE
22-Aug-2024
REGION
Global
Deliverable Type
Market Research
Research Code: KA8F-01-00-00-00
SKU: AE_2024_955
AvailableYesPDF Download
$4,950.00
In stock
SKU
AE_2024_955