Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Physical Access Control System (PACS) Market by Type (Keycards, Smartphone, Biometric, Others, Physical Access Control System (PACS), By Application (Commercial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Physical Access Control System (PACS) Market by Type (Keycards, Smartphone, Biometric, Others, Physical Access Control System (PACS), By Application (Commercial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 173394 3300 IT & Telecom 377 235 Pages 4.8 (40)
                                          

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.


Global Physical Access Control System (PACS) Industry Outlook


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:

  1. Cisco
  2. Honeywell
  3. Johnson Controls
  4. HID Global
  5. Kisi
  6. BridgePoint
  7. Anixter
  8. Genetec
  9. LVW
  10. Capture Technologies
  11. PACOM
  12. S2 Security
  13. Identiv
  14. ReconaSense
  15. Physical Access Control System (PACS

Global Physical Access Control System (PACS) Market Overview


Highlights of The Physical Access Control System (PACS) Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Keycards
    2. Smartphone
    3. Biometric
    4. Others
    5. Physical Access Control System (PACS
  1. By Application:

    1. Commercial
    2. Residential
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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  • Identifying Appropriate Advertising Appeals

Global Physical Access Control System (PACS) Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. 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

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