Market Overview:
The global physical access control system (PACS) market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for security and safety measures across various applications, such as commercial and residential sectors. In addition, the growing trend of using smartphones as PACS is also contributing to the growth of this market. Based on type, keycards are expected to hold a major share in the global physical access control system (PACS) market during the forecast period. However, biometric systems are projected to grow at a higher CAGR from 2018 to 2030 owing to their high accuracy and reliability for authenticating an individual’s identity. Based on application, commercial sector is expected dominate the global physical access control system (PACS) market during the forecast period followed by residential sector.
Product Definition:
A physical access control system (PACS) is a security system that controls access to a building or other facility. A PACS typically includes a reader, such as a card reader, and one or more controllers, such as an electronic lock. When an authorized person presents a credential, such as a smart card, to the reader, the controller authorizes access.
Keycards:
Keycards are used in physical access control systems for opening doors and windows, turning on/off lights, operating security cameras and other devices. They are also used to gain admittance into secured premises. Keycard technology is expected to witness significant growth over the forecast period owing to its increasing demand across various end-use industries such as healthcare facilities, educational institutes and retail stores among others.
Smartphone:
Smartphone is a mobile phone incorporating computing and telecommunications capabilities, designed primarily for the convenience of carrying out telephonic communications. Smartphones are available in various forms such as smartphones, 2-in-1 phones, and tablets.
The smartphone has become an integral part of our life; it's not only a means to communicate but also a source of entertainment, business tool & information aggregator and many more.
Application Insights:
The commercial application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing penetration of access control systems at corporate offices, retail stores, hospitals, educational institutions and government buildings among other places where physical access controls are required.
Key factors driving the demand for physical access control systems in commercial applications include need to restrict unauthorized user entrys or exits without causing any damage or disruption during business hours as well as after hours when security concerns arise. Furthermore, growing awareness about restricting unauthorised user entrys into sensitive areas such as data centers among other things will also boost product demand over the coming years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of key industry players such as Honeywell International, Inc.; Access Control Corporation; and others. The U.S., in particular, is one of the most lucrative markets for these systems owing to increasing cases of employee theft and violence at workplace. According to a study published by Bureau of Justice Assistance (BJA), every year more than 600,000 employees steal corporate property worth USD X billion from their employers in U.S.
Asia Pacific is expected to witness significant growth over the forecast period due to rising government initiatives pertaining physical access control system (PACS). For instance, PACSIH initiative was introduced by China Government aimed at promoting international cooperation on information technology security issues with focus on human factors issues associated with IT security technologies among other things Physical Access Control System (PACS).
Growth Factors:
- Increasing demand for security and safety in commercial and industrial sectors
- Proliferation of smart cities that need efficient security systems
- Rising terrorism threats across the globe
- Growing adoption of cloud-based PACS solutions
- Emergence of next-generation PACS technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Access Control System (PACS) Market Research Report
By Type
Keycards, Smartphone, Biometric, Others, Physical Access Control System (PACS
By Application
Commercial, Residential
By Companies
Cisco, Honeywell, Johnson Controls, HID Global, Kisi, BridgePoint, Anixter, Genetec, LVW, Capture Technologies, PACOM, S2 Security, Identiv, ReconaSense, Physical Access Control System (PACS
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
235
Number of Tables & Figures
165
Customization Available
Yes, the report can be customized as per your need.
Global Physical Access Control System (PACS) Market Report Segments:
The global Physical Access Control System (PACS) market is segmented on the basis of:
Types
Keycards, Smartphone, Biometric, Others, Physical Access Control System (PACS
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
Commercial, Residential
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:
- Cisco
- Honeywell
- Johnson Controls
- HID Global
- Kisi
- BridgePoint
- Anixter
- Genetec
- LVW
- Capture Technologies
- PACOM
- S2 Security
- Identiv
- ReconaSense
- Physical Access Control System (PACS
Highlights of The Physical Access Control System (PACS) 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:
- Keycards
- Smartphone
- Biometric
- Others
- Physical Access Control System (PACS
- By Application:
- Commercial
- Residential
- 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 Physical Access Control System (PACS) 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?
A physical access control system (PACS) is a security measure that controls who has access to specific areas of a facility. PACS can be used to restrict entry into secure areas, control movement within the facility, and monitor activity in designated areas.
Some of the key players operating in the physical access control system (pacs) market are Cisco, Honeywell, Johnson Controls, HID Global, Kisi, BridgePoint, Anixter, Genetec, LVW, Capture Technologies, PACOM, S2 Security, Identiv, ReconaSense, Physical Access Control System (PACS.
The physical access control system (pacs) market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Physical Access Control System (PACS) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Physical Access Control System (PACS) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Physical Access Control System (PACS) Market - Supply Chain
4.5. Global Physical Access Control System (PACS) Market Forecast
4.5.1. Physical Access Control System (PACS) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Physical Access Control System (PACS) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Physical Access Control System (PACS) Market Absolute $ Opportunity
5. Global Physical Access Control System (PACS) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Physical Access Control System (PACS) Market Size and Volume Forecast by Type
5.3.1. Keycards
5.3.2. Smartphone
5.3.3. Biometric
5.3.4. Others
5.3.5. Physical Access Control System (PACS
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Physical Access Control System (PACS) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Physical Access Control System (PACS) Market Size and Volume Forecast by Application
6.3.1. Commercial
6.3.2. Residential
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Physical Access Control System (PACS) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Physical Access Control System (PACS) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Physical Access Control System (PACS) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Physical Access Control System (PACS) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Physical Access Control System (PACS) Demand Share Forecast, 2019-2026
9. North America Physical Access Control System (PACS) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Physical Access Control System (PACS) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Physical Access Control System (PACS) Market Size and Volume Forecast by Application
9.4.1. Commercial
9.4.2. Residential
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Physical Access Control System (PACS) Market Size and Volume Forecast by Type
9.7.1. Keycards
9.7.2. Smartphone
9.7.3. Biometric
9.7.4. Others
9.7.5. Physical Access Control System (PACS
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Physical Access Control System (PACS) Demand Share Forecast, 2019-2026
10. Latin America Physical Access Control System (PACS) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Physical Access Control System (PACS) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Physical Access Control System (PACS) Market Size and Volume Forecast by Application
10.4.1. Commercial
10.4.2. Residential
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Physical Access Control System (PACS) Market Size and Volume Forecast by Type
10.7.1. Keycards
10.7.2. Smartphone
10.7.3. Biometric
10.7.4. Others
10.7.5. Physical Access Control System (PACS
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Physical Access Control System (PACS) Demand Share Forecast, 2019-2026
11. Europe Physical Access Control System (PACS) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Physical Access Control System (PACS) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Physical Access Control System (PACS) Market Size and Volume Forecast by Application
11.4.1. Commercial
11.4.2. Residential
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Physical Access Control System (PACS) Market Size and Volume Forecast by Type
11.7.1. Keycards
11.7.2. Smartphone
11.7.3. Biometric
11.7.4. Others
11.7.5. Physical Access Control System (PACS
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Physical Access Control System (PACS) Demand Share, 2019-2026
12. Asia Pacific Physical Access Control System (PACS) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Physical Access Control System (PACS) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Physical Access Control System (PACS) Market Size and Volume Forecast by Application
12.4.1. Commercial
12.4.2. Residential
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Physical Access Control System (PACS) Market Size and Volume Forecast by Type
12.7.1. Keycards
12.7.2. Smartphone
12.7.3. Biometric
12.7.4. Others
12.7.5. Physical Access Control System (PACS
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Physical Access Control System (PACS) Demand Share, 2019-2026
13. Middle East & Africa Physical Access Control System (PACS) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Physical Access Control System (PACS) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Physical Access Control System (PACS) Market Size and Volume Forecast by Application
13.4.1. Commercial
13.4.2. Residential
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Physical Access Control System (PACS) Market Size and Volume Forecast by Type
13.7.1. Keycards
13.7.2. Smartphone
13.7.3. Biometric
13.7.4. Others
13.7.5. Physical Access Control System (PACS
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Physical Access Control System (PACS) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Physical Access Control System (PACS) Market: Market Share Analysis
14.2. Physical Access Control System (PACS) Distributors and Customers
14.3. Physical Access Control System (PACS) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cisco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Johnson Controls
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HID Global
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kisi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BridgePoint
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Anixter
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Genetec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. LVW
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Capture Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PACOM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. S2 Security
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Identiv
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ReconaSense
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Physical Access Control System (PACS
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook