Access Control Reader Market

Access Control Reader Market Size Survey Report – In a Glance

As per the survey report on global Access Control Reader Market, the market is projected to foresee a CAGR of 12.1% between 2024-2033, and further generate a market size of USD 12.8 billion revenue by the end of 2033. In the year 2024, the market size was valued at USD 5.5 billion revenue.

• The global Access Control Reader market is projected to grow on account of increasing security concerns.
• In Japan, the increasing adoption of smart home technologies can be attributed to the increased innovation in the Access Control Reader market.
• KDMI analyst’s growth analysis foresees incorporation challenges with legacy systems to challenge the market growth.
• North America, having the highest market share in the Access Control Reader Market, is projected to dominate the global market.

Access Control Reader Market Analysis

The Access Control Reader is a security method that regulates who can view and apply resources in a computing ambience, and it is a basic perception in a security zone that reduces threats to the organization or business. Increasing security concerns is one of the significant growth drivers of the access control reader market size. The mechanism of access control safeguards equipment racks and IT rooms from illegal access, enabling digital information security. In 2023, about 50% of the United Kingdom businesses went through some kind of cyber-attack; in 2022, 53.35 United Citizens were impacted by cybercrime, and around 1 billion emails were unprotected in a single year, impacting 1 in 5 internet users. Suprema HQ Inc., Honeywell Security Group, and Identiv, Inc. are significant manufacturers in the global market for Access Control Readers.

Analyst’s Observation on Japan Access Control Reader Market Survey

Access control readers regulate access to a specific building or area, which comes in all sizes and sizes & provides several features that improve their operations. The access control reader devices are connected to other entry points, and the doors that allow access to that building or area are selectively limited. Unlike intercoms, access control readers verify the credentials of the entrants before allowing them entry. The increasing adoption of smart home technologies in Japan is one of the significant growth drivers of the Japanese access control reader market size. The smart home market in Japan is anticipated to increase by 13.09%, resulting in a market size of around USD 17.5 billion in 2029. Japan’s smart homes frequently include developed security systems with motion detectors, cameras and automated locks that can be regulated remotely. AIPHONE and OPTEX Company, Ltd are some of the significant manufacturers in the Japanese Access Control Reader market.

Access Control Reader Market Growth Driver

Shift towards cloud-based solutions:

The shift from on-premise systems to cloud-based podiums redesigns the access control market size. With the increasing rate of hybrid working ambience and remote work in the United States, organizations are adopting cloud-based access control systems at a higher rate, which allows remote handling of systems and facilities. Cloud-based solutions adoption among enterprise companies is above 94%. Around 90% of organizations globally already work with cloud services such as Google, Microsoft and AWS. The proportion of cloud computing users will increase significantly in the future, ultimately impacting the global growth of the access control reader market size.

Market Restraint

Integration systems with legacy systems

Several companies struggle to incorporate modern access control solutions with the present infrastructure. A survey by IFSEC Global found about 62% of security professionals cite incorporation with legacy systems as a significant challenge in executing new access control technologies.

Access Control Reader Market Segmentation

Our experts at KD Market Insights have segmented the global Access Control Reader Market research report as:

Access Control Reader Market Regional Synopsis

North America dominates the Access Control Reader due to the high rate of cyber-attacks. The Annual Internet Crime Report IC3, 2022, the IC3 accounted a total of 800,944 complaints with loses surpassing USD 10.3 billion. Phishing schemes were the number 1 crime type with 300,497 complaints        and for the 1st time, investment schemes, reported the highest losses to victims, accumulating above USD 3.3 billion. The FBI’s Internet Crime Report 2023, Internet Crime Report 2023, 880,418 complaints of cyber crime were reported to the FBI by the public, 10% increase from 2022. Further, the emergence of hybrid workplace, 16% of the total employees are working remotely, whereas 62% have opted for working hybrid.

Asia Pacific is anticipated to witness the fastest growth in the worldwide access control due to high demand for smart city projects. As of 2020, around 900 pilot smart city projects had been established in several province of China. Regions such as Shanghai and Beijing are leading instances of smart cities and stimulating the pace of smart city construction.  As of 29th August, 2024, 12 new industrial smart cities project has been approved in India along with other infrastructure projects to boost the manufacturing ecosystem of India. Further, the smart city mission scheme in India has 1040 projects across several states worth USD 20.75 billion.

Regional Company Names

• Identiv, Inc

• Napco Security Technologies
• AMAG Technology
• Vanderbilt Industries
• Brivo, Inc.

Access Control Reader Market Competitive Landscape

Some of the key players who top the global Access Control Reader Market share:

• Suprema HQ Inc.
• Honeywell Security Group
• Identiv, Inc.
• Allegion plc.
• Assa Abloy Group
• Johnson Controls International plc.
• Zscaler, Dormakaba Holding AG
• Nedap N.V.
• Bosch Security Systems Inc.
• Gemalto N.V.
• Axis Communications
• NEC Corporation, Sensory Inc.
• Cyderes
• Genetec, Inc.

1. Executive Summary
   1. Market Overview
   2. Key Findings
   3. Market Trends
   4. Market Outlook
2. Introduction
   1. Scope of the Report
   2. Research Methodology
   3. Definitions and Assumptions
   4. Acronyms and Abbreviations
3. Market Dynamics
   1. Drivers
   2. Restraints
   3. Opportunities
   4. Challenges
4. Global 5G Chipset Market
   1. Market Overview
   2. Market Size and Forecast
   3. Market Segmentation
      1. By Component
      2. By Technology
      3. By End-User
      4. By Region
5. Market Segmentation by Component
   1. Services
   2. Software
   3. Hardware
   4. Others
6. Market Segmentation by Technology
   1. Biometric
   2. Card-Based
   3. Pin-Based
   4. Wireless
   5. Others
7. Market Segmentation by End User
   1. Commercial
   2. Government
   3. Military
   4. Healthcare
   5. Others
8. Regional Analysis
   1. North America
      1. United States
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User 
      2. Canada
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      3. Mexico
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
   2. Europe
      1. United Kingdom
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      2. Germany
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      3. France
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      4. Italy
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      5. Spain
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      6. Rest of Europe
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
   3. Asia Pacific
      1. China
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      2. Japan
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      3. India
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      4. Australia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      5. South Korea
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      6. Rest of Asia Pacific
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
   4. Latin America
      1. Brazil
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      2. Argentina
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      3. Colombia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      4. Rest of Latin America
         1. Market Size and Forecast
         2. Key Trends and Developments
         3.               Market Analysis by Component, Technology and End-User  
   5. Middle East & Africa
      1. South Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      2. Saudi Arabia
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      3. UAE
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
      4. Rest of Middle East & Africa
         1. Market Size and Forecast
         2. Key Trends and Developments
         3. Market Analysis by Component, Technology and End-User  
9. Competitive Landscape
   1. Market Share Analysis
   2. Company Profiles
   3. Suprema HQ Inc.
   4. Honeywell Security Group
   5. Identiv, Inc.
   6. Allegion plc.
   7. Assa Abloy AB
   8. Johnson Controls International plc.
   9. Zscaler, Dormakaba Holding AG
   10. Nedap N.V.
   11. Bosch Security Systems Inc.
   12. Gemalto N.V.
   13. Axis Communications
   14. NEC Corporation, Sensory Inc.
   15. Cyderes
   16. Genetec, Inc.
   17. Others
10. Strategic Recommendations
11. Appendix
    1. List of Tables
    2. List of Figures
12. References