Access control systems

1. Top Access Control Systems Vendors Identified by 360Quadrants The access control systems market was valued at USD 6.94 billion in 2017 and is likely to reach USD 12.12 billion by 2024, at a CAGR of 8.24% from 2018 to 2024. Access control systems find applications in various verticals, such as commercial, residential, healthcare, manufacturing and industrial, government, military and defense, education, and transportation. Infrastructure development in these verticals would boost the demand for advanced biometric solutions and smart locks. CATEGORIZATION OF ACCESS CONTROL SOLUTION VENDORS ON 360QUADRANTS 360Quadrants evaluated over 40 companies offering Access Control Systems of which, the top 25 companies were placed and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Leaders. Assa Abloy AB, Johnson Controls, Identiv, Dormakaba Holding, Suprema HQ, Honeywell Security, Allegion, Nedap NV, Idemia, NEC Corporation, and Salto Systems have been identified as visionary leaders as they have established product portfolios and a robust market presence and business strategy. Brivo Inc., Vanderbilt Industries, and Adman Technologies have been identified as innovators as they have focused product portfolios, and an innovative business strategy which helps them in setting new trends in the market. Napco Security Technologies, Cansec Systems, Amag Technology, Gallagher Group, Kisi Inc., and Gunnebo have been identified as emerging companies as they have a niche product offering and a decent business strategy which helps them in growing consistently. Axis Communications, Bosch Security, Gemalto, Lenel Systems International, and Time & Data Systems International have been recognized as dynamic differentiators as they have an innovative portfolio of solutions and services. The 360Quadrants platform provides the most granular Access Control Solutions comparison between vendors. Powdered by

2. Market Overview Factors such as the adoption of access control as a service (ACaaS); implementation of mobile-based access control; and increasing urbanization in emerging countries are expected to provide huge growth opportunities to players in the access control market. Mobile-based access control makes the identity management process easier by integrating multilayered physical access control (PAC) and IT security into one system. Smartphones can be used as secure credentials for accessing buildings, doors, IT systems. Emerging nations are witnessing rapid urbanization with the development of smart cities. In emerging nations, the concentration of industrial development in cities leads to a growing demand for infrastructure. This infrastructure development would boost the demand for advanced biometric solutions and smart locks. By component, the access control systems market has been segmented into card-based readers, biometrics readers, multi-technology readers, electronic locks, controllers, and others. By service, the market has been segmented into installation and integration and support; and maintenance services. By vertical, the access control market has been segmented into commercial, military and defense, government, residential, educational, healthcare, manufacturing and industrial, and transportation. Access control systems provide secure access to physical resources by validating user credentials. Systems may include credentials such as proximity cards, smart cards, fingerprint readers, iris scanners, face recognition readers, hand geometry readers, electronic locks, control panels or controllers, and security management software. Every vertical has specific security requirements—from excluding intruders and limiting access to dangerous or sensitive areas to protecting valuable assets and equipment or ensuring the safety of solitary areas. Powdered by

3. Major Drivers High adoption of access control due to the increase in crime rates access control systems enable prompt and effective real-time response during terrorist attacks and other criminal activities. The use of smart cards, biometric devices, and electronic devices for advanced security and authentication provides security to commercial, government, industrial, and residential verticals. Access control systems are also installed in highly restricted areas, nuclear plants, and organizations to enhance the security of personnel and assets. Technological enhancement and implementation of wireless technology in safety systems Access control and security systems are growing highly due to the automation. Access control systems have shifted from being static architecture to exclusive secure and open access control architecture. The evolution of biometrics is also playing a vital role as it increases the level of authentication to make systems more secure. Biometrics is gaining traction as it includes authentication through facial recognition, iris, fingerprints, and gestures. The use of multi-technology readers is increasing owing to the transition from proximity card technology to smart card technology and biometrics. Adopting IoT in safety system in cloud platforms IoT has enhanced the quality and efficiency of automation systems by linking smart objects to the Internet and allowing them to exchange data securely. Connected security systems communicate with devices through the cloud; it helps in remote monitoring of areas. Opportunities in access control systems market Adoption of ACaaS Access control systems manage readers, door sensors, locks, access rights, and other kinds of centralized access to facilities. These access controls are connected to the Internet, which gives companies centralized access to all facilities. ACaaS is affordable and offers flexibility comparatively considering other options like VPNs and other access control solutions. Powdered by

4. A typical power and utility company has a large mobile workforce of linemen and technicians who need to access remote facilities; ACaaS enables centralized access control to remote facilities. For instance, if a worker is fired, one just needs to log in to the administrative account of the concerned worker and revoke all his permissions. Implementation of mobile-based access control Vendors are innovating their products to meet the changing demands of organizations, who nowadays are constantly looking for advanced security solutions. The logical and network-based access control capabilities include basic policy engine, third-party interoperability, authentication, network enforcement, guest networking, visualization, and reporting. However, mobile-based access control system software makes the secure identity management process easier by integrating multilayered physical access control (PAC) and IT security into one system. Using phones for securing information to access building, door, and IT system, delivers a high experience to businesses and offers the growing opportunity to mobile vendors in security. Access control system - By component The access control market, based on components, has been segmented into hardware and software. Systems are authenticated using cards,biometric readers, controllers, and access control solutions management software. INNOVATORS The need for innovative technologies to modernize access control offerings has resulted in innovations in the access control market. Innovators demonstrate substantial product innovations compared with their competitors. These players have wide product portfolios. However, they lack effective growth strategies for their overall business. Some of the prominent innovators in the access control systems market are Vanderbilt Industries (US), Adman Technologies (India), and Brivo, Inc. (US). Powdered by

5. About 360Quadrants 360Quadrants is the largest marketplace looking to disrupt US $6.3 trillion of technology spends and is the only rating platform for vendors in the technology space. The platform provides users access to unbiased information that helps them make qualified business decisions. The platform facilitates deeper insight using direct engagement with 650+ industry experts and analysts and allows buyers to discuss their requirements with 7500 vendors. Companies get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and startups alike. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide. The platform has around 400 total buyers across various markets. 360Quadrants will also be launching quadrants in fields like Access Control Software, Cloud Computing Software, and Machine Vision Solutions. Media Contact Company Name: Marketsandmarkets pvt ltd Contact Person: Mr. Agney Sugla 630 Dundee Road, Suite 430 Northbrook, IL 60062 Phone: +1-888-600-6441 Country: United States Website: https://www.360quadrants.com Powdered by