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Access control and authentication are the numerous measures, which can be either electronic or physical, designed for monitoring of objects and people, and controlling access to and precluding intrusion of any information or property. The primary objective of access control and authentication is to restrict physical access of any unauthorized person in controlled facility. These systems are the security devices that control the access of resources in the operating system. Also, access control and authentication systems are the significant tools used for investigating or preventing crimes which may take place in public places such as multiplexes, shopping malls, airports, casinos, banks, ATMs and other such places. Security requires cost expenditure and has some drawbacks that restrict it from eliminating the risks entirely.
North America and Europe are estimated to significantly contribute to the access control and authentication market growth owing to high government investments for public security. Moreover, escalating security budget for protection of important infrastructure across countries in the Asia Pacific region is expected to drive the regional demands for such security systems.
Market Analysis and Insights: Global Access Control and Authentication Market
The global Access Control and Authentication market size is projected to reach US$ 62230 million by 2027, from US$ 34540 million in 2020, at a CAGR of 8.7% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Access Control and Authentication market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Access Control and Authentication market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Access Control and Authentication market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Access Control and Authentication market.
Global Access Control and Authentication Scope and Market Size
Access Control and Authentication market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Access Control and Authentication market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.
Segment by Type
Electronic Access Control (EAC)
Automatic Number Plate Recognition (ANPR)
Document Reader
Segment by Application
Transportation and Logistics
Government and Public Sector
Utilities/Energy Markets
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
By Company
Canon Inc
Genetec Inc
NDI Recognition Systems
Panasonic Systems Network
Q-Free ASA
Tattile S.r.l
Access (Access-IS)
Zhejiang Dahua Technologies
Honeywell International Inc
Morpho Safran Inc
Suprema Inc
Cisco Systems Inc
Pelco Inc (Schneider Electric)
3M Company
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