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Access Control as a Service Market: Global Forecast until 2022

  • December 2016
  • 148 pages
  • ID: 4603873
In this report:
The market for manufacturing and industrial application is expected to be worth USD ##.## million by 2022, growing at the highest CAGR of ##.##% during the forecast period.
The market for manufacturing and industrial application is expected to be valued at USD ##.## million by 2022, growing at the highest CAGR of ##.##% during the forecast period.

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"The Access Control as a Service market forecasted to grow at a significant rate"

The ACaaS market is forecasted to reach $1678.30M by 2022, at a compound annual growth rate of ~26.8 percent during the forecast period. The security risks raised in the IT sector by bring your own device policy along large-scale adoption of Internet of Things, and rised usage of advance virtualization and cloud computing platforms are some of the main drivers for the ACaaS market. Nevertheless, limited end-user awareness and slow adoption of latest technologies by traditional access control systems integrators and installers are the top factors that are restraining the increase of the ACaaS market.

"Commercial application anticipated to capture most important market share during the outlook period"

Among all the main end-use applications of the ACaaS market, the commercial market has been driving the industry. The growing demand for access control systems for assuring security and reducing human efforts for the same at the commercial and corporate infrastructure has been the top driving factor for the ACaaS market for commercial application. On the other hand, the manufacturing and industrial application market is anticipated to capture the second-largest share between 2016 and 2022.

"The sector for public deployed ACaaS is estimated to result the ACaaS market between 2016 and 2022"

The public cloud deployed ACaaS is intended to hold a main share of the ACaaS market. The ability of the public cloud to store the information and make it available for the users at any location has been the main driving factor for the public cloud deployment. Even the quickly rising need of reliable ACaaS for transportation sector across the world has been fueling the ACaaS deployed on public cloud. Nevertheless, the industry for private cloud is anticipated to grow at the maximal rate during the estimate period.

"North America (NA) is the main area for the ACaaS market"

In terms of various geographic regions, the sector in the North America area is forecast to hold the biggest market share between 2016 and 2022. The stabilized constructions in North America continent and convergence of mechanical and electronic security products for the same has been the top driving factor for the North America (NA) sector. The european (EU) market is anticipated to capture the second-largest share during the outlook period. The commercial, government bodies, and manufacturing and industrial applications are anticipated to be the leading segments in the European ACaaS market.

Key players' distribution profiles::

- By Company category: Tier 1 = 50.0 percent, Tier 2 = 30.0 percent, and Tier 3 = 20.0 percent

- By Description: C-suite executives = 70.0 percent, Directors = 20.0 percent, and Others = 10.0 percent

- By Area: North America (NA) = 40.0 percent, EU = 35.0 percent, Asia-Pacific = 15.0 percent, and RoW = 10.0 percent

Top actors in the ACaaS market are Brivo Inc., Cloudastructure Inc., Tyco Security Products, Assa Abloy AB, and Dorma + Kaba Holding AG, Honeywell Security, Microsoft Corporation, Cisco Systems Inc., Datawatch Systems Inc., Centrify Corporation, AIT Ltd., Gemalto N.V., Vanderbilt Markets, M3T Corporation, ADS Security, KISI Inc., and Feenics.

Segment Research

The study on the ACaaS market segments the market by service, deployment, end-use application, and area. The ACaaS market established on services has been broken down into hosted, operated, and hybrid. The ACaaS market established on deployment has been split into public, private, and hybrid. The ACaaS market has been split on the basis of end-use applications into commercial, manufacturing and industrial, government bodies, utilities, healthcare, education, residential, transportation, and retail. Lastly, the overall ACaaS market has been broken down into four regions, that is, North America continent, Europe (EU), Asia-Pac, and RoW.

The analysis would benefit the market top players/new sector entrants in this sector in these ways:

1. This document breaks down the ACaaS market comprehensively and offers the closest approximations of the global market size and that of the sub-segments across distinct end-user sectors and localities.

2. The market research benefits partners to apprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report would benefit partners to comprehend their players better and acquire additional insights to improve their rank in the business sector. The competitive outlook section includes competitor landscape, recent product launches, alliances, and acquisitions in the ACaaS market.

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