Global Access Control as a Service (ACaaS) Market to Reach $7.2 Billion by 2030
The global market for Access Control as a Service (ACaaS) estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 25.3% over the period 2022-2030. Managed, one of the segments analyzed in the report, is projected to record 21.4% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Hosted segment is estimated at 28.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $577.3 Million, While China is Forecast to Grow at 33.2% CAGR
The Access Control as a Service (ACaaS) market in the U.S. is estimated at US$577.3 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 33.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 24.9% and 21.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 21.8% CAGR.
Select Competitors (Total 98 Featured)
- ADT Security Services, Inc.
- Bosch Sicherheitssysteme GmbH
- Allegion PLC
- Bosch Group
- ADS Security LP
- BeyondTrust, Inc.
- CyberArk Software Ltd.
- Cloudastructure, Inc.
- Datawatch Systems, Inc.
- Digital Hands
- Cansec Systems Ltd.
- Access Control Innovation
- CloudCodes Software Pvt. Ltd.
- ButterflyMX, Inc.