Market Overview:
The global smart access control reader market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for security and safety measures across various applications, such as residential, commercial, and industrial sectors. Additionally, the growing trend of using biometric readers is also contributing to the growth of this market. Based on type, card-based readers are expected to hold a major share in the global smart access control reader market during the forecast period. This can be attributed to their low cost and easy installation as compared to other types of readers such as biometric and multi-technology readers.
Product Definition:
A smart access control reader is a device that reads credentials from an authorized card or fob to grant access to a secure area. The importance of a smart access control reader is that it provides an extra layer of security by verifying the identity of the person trying to gain access.
Card-based Readers:
Card-based readers are used for smart access control applications. They are widely used in building automation systems and offer several advantages over traditional proximity cards such as high speed, enhanced security, reduced cost of ownership and ease of use.
The increasing demand for these devices to improve the efficiency of contactless payments is expected to drive the global market growth over the forecast period.
Biometric Readers:
Biometric readers are devices that can scan and capture the unique human characteristics such as fingerprint, face, iris or card data of an individual for verification purposes. The technology is gaining popularity due to its fast and accurate scanning capabilities. Biometric systems have been used in access control applications but with limited functionalities until now. With the introduction of new technologies such as smart cards or micro-chips incorporated with biometrics it has made biometrics more convenient than ever before.
Application Insights:
The residential segment dominated the global smart access control reader market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to rising demand for cost-effective solutions that help in monitoring entry of vehicles and personnel at various locations, such as parking lots, car parks, multi-storey buildings or complexes and gates. Furthermore, growing urbanization across developing countries is further anticipated to boost product demand over the forecast period.
The commercial segment is expected to witness significant growth over the forecast period owing to increasing adoption of these readers at corporate offices, shopping malls or complexes with multiplexed entrances/exits as well as within hotels/motels or conference centers where there are multiple doors for entering & exiting rooms. These devices also offer an alternative solution for controlling vehicle access from remote locations such as parking lots without having physical contact with security controls like buttons or switches on building walls which may pose a risk during emergencies.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of prominent players such as Honeywell International, Inc.; Cisco Systems, Inc.; and GE Security. These companies are continuously investing in R&D to develop advanced smart access control readers that would meet the growing demand from end-users. Moreover, increasing adoption of these devices by government agencies for security purposes is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to rising construction activities across various countries such as China and India due to population expansion coupled with rapid urbanization in these economies has led governments across these nations adopt a "Building Information Management (BIM) System" initiative for construction projects which includes integration of smart access control systems along with other building automation systems and infrastructure management systems like Building Automation Controller (BAC), Building Automation Software (BAS) & Infrastructure Management Software (BMT).
Growth Factors:
- Increasing demand for smart access control readers in the commercial sector as a result of growing security concerns.
- Proliferation of Internet of Things (IoT) and increasing demand for connected devices is expected to drive the growth of the smart access control reader market.
- Rising adoption of cloud-based solutions among small and medium businesses is anticipated to fuel the growth of the market during the forecast period.
- Growing popularity of biometric authentication systems is expected to create new opportunities for players operating in this market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Access Control Reader Market Research Report
By Type
Card-based Readers, Biometric Readers, Multi-technology Readers
By Application
Residential, Commercial
By Companies
ASSA ABLOY AB, Dormakaba Holding AG, Allegion plc, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Napco Security Technologies, Gemalto N.V., Avigilon Corporation, IDEMIA, Peter Hengstler Gmbh+Co., Paxtron Access Ltd., Castles Technology, DUALi Inc., Salto Systems, Axis Communications, AMAG Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Smart Access Control Reader Market Report Segments:
The global Smart Access Control Reader market is segmented on the basis of:
Types
Card-based Readers, Biometric Readers, Multi-technology Readers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ASSA ABLOY AB
- Dormakaba Holding AG
- Allegion plc
- Identiv, Inc.
- Nedap N.V.
- Suprema HQ Inc.
- Napco Security Technologies
- Gemalto N.V.
- Avigilon Corporation
- IDEMIA
- Peter Hengstler Gmbh+Co.
- Paxtron Access Ltd.
- Castles Technology
- DUALi Inc.
- Salto Systems
- Axis Communications
- AMAG Technology
Highlights of The Smart Access Control Reader Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Card-based Readers
- Biometric Readers
- Multi-technology Readers
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Smart Access Control Reader Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Smart Access Control Reader is a software that helps administrators manage access to files and folders in a network. It can be used to restrict access based on user, group, or computer name.
Some of the major companies in the smart access control reader market are ASSA ABLOY AB, Dormakaba Holding AG, Allegion plc, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Napco Security Technologies, Gemalto N.V., Avigilon Corporation, IDEMIA, Peter Hengstler Gmbh+Co., Paxtron Access Ltd., Castles Technology, DUALi Inc., Salto Systems, Axis Communications, AMAG Technology.
The smart access control reader market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Access Control Reader Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Smart Access Control Reader Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Access Control Reader Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Smart Access Control Reader Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Smart Access Control Reader Market Size & Forecast, 2020-2028
4.5.1 Smart Access Control Reader Market Size and Y-o-Y Growth
4.5.2 Smart Access Control Reader Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Card-based Readers
5.2.2 Biometric Readers
5.2.3 Multi-technology Readers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Access Control Reader Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Smart Access Control Reader Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Card-based Readers
9.6.2 Biometric Readers
9.6.3 Multi-technology Readers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Card-based Readers
10.6.2 Biometric Readers
10.6.3 Multi-technology Readers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Card-based Readers
11.6.2 Biometric Readers
11.6.3 Multi-technology Readers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Card-based Readers
12.6.2 Biometric Readers
12.6.3 Multi-technology Readers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Card-based Readers
13.6.2 Biometric Readers
13.6.3 Multi-technology Readers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Smart Access Control Reader Market: Competitive Dashboard
14.2 Global Smart Access Control Reader Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASSA ABLOY AB
14.3.2 Dormakaba Holding AG
14.3.3 Allegion plc
14.3.4 Identiv, Inc.
14.3.5 Nedap N.V.
14.3.6 Suprema HQ Inc.
14.3.7 Napco Security Technologies
14.3.8 Gemalto N.V.
14.3.9 Avigilon Corporation
14.3.10 IDEMIA
14.3.11 Peter Hengstler Gmbh+Co.
14.3.12 Paxtron Access Ltd.
14.3.13 Castles Technology
14.3.14 DUALi Inc.
14.3.15 Salto Systems
14.3.16 Axis Communications
14.3.17 AMAG Technology
