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Access Control As A Service Market - Forecast(2024 - 2030)
Access Control as a Service Market Overview
Access Control as a Service Market is expected to reach $2.6 billion by 2026 at a CAGR of 15.1% during the forecast period 2020-2025. Owing to adoption of "bring your own device "(BYOD) in IT enterprises, concerns regarding security has attributed to the growth of access control as a service market. Additionally, increasing use of cloud computing platforms along with the adoption of IoT is fueling the market growth. In addition technological shift from traditional systems to the advanced security system and an increase in the use of personal devices by the employees of an organization is the primary factors are driving the growth of the medium access control market. More-over government sectors adopting cloud technology in different areas such as defense and railway has also propelled the demand for this industry in the forecast period 2021-2026.
Report Coverage
The report: “Access Control as a Service Market – Forecast (2021-2026)”, by IndustryARC covers an in-depth analysis of the following segments of the Access Control as a Service market
By Service: Hosted Services, Managed Services, Hybrid Services
By Deployment: Public Cloud, Private Cloud, and Hybrid Cloud
By End-Use Application: Commercial, Manufacturing & Industrial, Government Bodies, Utilities, Healthcare, Education, Residential, Transportation, Retail
By Geography: North America (U.S, Canada, Mexico), Europe(Germany, UK, France, Italy, Spain, Russia and Others), APAC(China, Japan India, SK, Australia and Others), South America(Brazil, Argentina and others), and RoW (Middle East and Africa)
Key Takeaways
- Increasing adoption of electronic security products among end users, coupled with availability of advanced technological security solutions are factors propelling the growth of the target market in North America.
- Hosted Services are growing at a highest CAGR of 18.8% in the forecast period as this service offers higher level of security to the end user.
- Hybrid cloud platform has been gaining popularity as it not only offers flexibility, scalability, and multi-cloud space, but also provides security assurance to organizations. In addition, the step toward hybrid cloud makes the integrity of data and services a major priority for organizations.
- Access Control As A Service top 10 companies include ADS Security, AIT Ltd., ASSA Abloy AB, Brivo Inc., Centrify Corporation, Cloudastructure Inc., Dorma+Kaba Holding AG, Gemalto NV, Honeywell Security, Kisi Inc. among others.
Access Control as a Service Market, By Deployment, 2020
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Access Control as a Service Market Segment Analysis - By Service
Hosted Services is expected to grow at highest CAGR of 18.7% in the forecast period through 2026 as this service offers higher level of security to the end user. The Hosted Access control system is a managed and hosted service that links multiple employees, points of entry and locations to a centralized hosting and monitoring centre. Hosted Access Control uses secure Internet or two-way radio transmission to communicate between each location and the host server, making software updates and IT maintenance a thing of the past. Several companies are providing advanced services to the end-user. For instance, Johnson Controls provides an integrated, flexible, and intelligent way to manage every point of entry and exit in facility using the cloud and an easy-to-use web-based interface. Hence these benefits are analysed to drive the market in the forecast period 2020-2025.
Access Control as a Service Market Segment Analysis - By Deployment
Hybrid cloud is growing at a CAGR of 21.4% in the forecast period owing to the increased Hybrid cloud platform that has been gaining popularity as it not only offers flexibility, scalability, and multi-cloud space, but also provides security assurance to organizations. In addition, the step toward hybrid cloud makes the integrity of data and services a major priority for organizations. Therefore, it is significant to get the right combination of access control as-a-service offerings to confirm the constant availability of data that can be coordinated across multiple platforms. Furthermore, according to the report by CISCO, IT companies spend 56% of the time on maintenance and operational issues and 24% spend on technological advancements. Moreover, they spend 20% of the time on working with business leadership on digital transformation initiatives, which is extremely time-consuming and cost-intensive; hence, inclining organizations toward hybrid cloud. Moreover Hybrid cloud allows organizations to take advantage of both public and private cloud models. Owing to these benefits, organizations are shifting toward hybrid cloud to achieve security of data, application, and large storage spaces to reduce their capital expenditure by deploying a combination of the private and public cloud model in the forecast period 2021-2026.
Access Control as a Service Market Segment Analysis - By Geography
North America dominated the market by a market share of more than 35.4% in 2020, owing to the presence of developed economies such as U.S and Canada. Increasing adoption of electronic security products among end users, coupled with availability of advanced technological security solutions are factors propelling growth of the target market in this region. Similarly, with the consumerization of IT, the region has widely adopted the practice of BYOD that allows employees to bring their own computing devices such as smartphones, laptops to the workplace for use and connectivity on the corporate network. Such practices have the potential to lead into cyber-attacks such as malware infiltration, man-in-the-middle attack. This instance further fosters the growth of the market in the region. In 2019, Bit glass, entered into a partnership with Okta, an identity provider, to bring threat protection and real-time data security to companies moving to the cloud. Hence these advancements are analyzed to drive the market in the forecast period 2021-2026.
Access Control as a Service Market Drivers
Increase in adoption of cloud-based services among SMEs
SMEs are continuously focusing on streamlining their business models for achieving business efficiency. The SMEs across verticals do not have stringent security measures for safeguarding their data, networks, endpoints, and applications. Cyber-attackers widely target them. These enterprises still do not have advanced cybersecurity solutions to combat the evolving threat landscape. Sophisticated cyber-attacks bypass traditional security systems easily. Hence, SMEs need to shift from conventional cybersecurity solutions to the cloud-based cybersecurity solutions for securing their web and mobile applications, and network infrastructure throughout the development, production, and implementation phases. The cloud deployment mode provides flexibility, scalability, and cost-effectiveness to streamline business operations. With SMEs shifting their focus to cloud solutions, cloud-based data protection solution and service providers are expected to witness massive growth opportunities, such as safeguarding the data of SMEs from security breaches and vulnerabilities.
Rising Security Concerns
The rising adoption of bringing your own device (BYOD) in IT enterprises, concerns regarding security are some of the major factors driving the growth of access control as a service market. Additionally, an increase in the usage of cloud computing platforms, along with the acceptance of IoT, is anticipated to boost the access control as a service market growth in the forecast period 2021-2026.
Access Control as a Service Market Challenges
Availability of free Access Control Services
Cloud service providers offer security as a service to organizations for managing their infrastructure growth and resources, cutting costs, and delivering services quickly and efficiently. A wide range of cloud services offered by various vendors at discount prices and sometimes as bundled services for free. This hampers the growth of service providers who provide as a service to end clients. For instance Midpoint Security introduced a free edition of Credo ID access control software, compatible with HID VertX controllers, Edge IP readers, Mercury controllers, Suprema biometric IP and wireless Aperio locks by ASSA ABLOY. Hence availability of free services hamper the market growth in the forecast period 2020-2025.
Access Control as a Service Market Landscape
Technology launches, acquisitions, Partnerships and R&D activities are key strategies adopted by players in the Access Control as a Service market. In 2019, the market of Access Control as a Service industry outlook has been fragmented by several companies. Access Control As A Service top 10 companies include ADS Security, AIT Ltd., ASSA Abloy AB, Brivo Inc., Centrify Corporation, Cloudastructure Inc., Dorma+Kaba Holding AG, Gemalto NV, Honeywell Security, Kisi Inc. among others.
Acquisitions/Technology Launches
- In May 2021 American Alarm and Communications announced it had completed the acquisition of Phoenix Security Systems Inc. of Wilmington, MA, which provided security, access control, fire alarm, and video surveillance systems and services for more than 800 businesses and homes, primarily in the metropolitan Boston and south shore areas of Massachusetts.
- In May 2019, Morphean SA has entered a technology partnership with Simons Voss to utilise Simons Voss digital access control system.
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1. Access Control as a Service Market Overview
1.1 Definitions and Scope
2. Access Control as a Service Market - Executive Summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key trends By End User Industry
2.3 Key trends segmented by Geography
3. Access Control as a Service Market – Market Landscape
3.1 Comparative Analysis
3.1.1 Product/Company Benchmarking-Top 5 Companies
3.1.2 Top 5 Financial Analysis
3.1.3 Market Value Split by Top 5 Companies
3.1.4 Patent Analysis
3.1.5 Pricing Analysis (Comparison of General Price of Industry Solutions)
4. Access Control as a Service Market – Industry Market Entry Scenario Premium (Premium)
4.1 Regulatory Scenario
4.2 Ease of Doing Business Index
4.3 Case Studies
4.4 Customer Analysis
5. Access Control as a Service Market – Startup Company Scenario (Premium)
5.1 Venture Capital and Funding Scenario
5.2 Startup Company Analysis
6. Access Control as a Service Market - Market Forces
6.1 Market Drivers
6.2 Market Constraints
6.3 Porters five force model
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes
7. Access Control as a Service Market – By Strategic Analysis (Market Size -$Million/Billion)
7.1 Value Chain Analysis
7.2 Opportunities Analysis
7.3 Product Life Cycle/Market Life Cycle Analysis
8. Access Control as a Service Market – By End Use Industry (Market Size -$Million/Billion)
8.1 Commercial
8.2 Manufacturing and Industrial
8.3 Government Bodies
8.4 Utilities
8.5 Healthcare
8.6 Residential
8.7 Transportation
8.8 Retail
8.9 Others
9. Access Control as a Service Market – By Service (Market Size -$Million/Billion)
9.1 Hosted Services
9.2 Hybrid Services
9.3 Managed Services
10. Access Control as a Service Market – By Deployment Type (Market Size -$Million/Billion)
10.1 Public Cloud
10.2 Private Cloud
10.3 Hybrid Cloud
11. Access Control as a Service Market - By Geography (Market Size -$Million/Billion)
11.1 North America
11.1.1 U.S
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 Germany
11.2.2 France
11.2.3 UK
11.2.4 Italy
11.2.5 Spain
11.2.6 Russia
11.2.7 Netherlands
11.2.8 Others
11.3 APAC
11.3.1 China
11.3.2 Japan
11.3.3 South Korea
11.3.4 India
11.3.5 Australia
11.3.6 Indonesia
11.3.7 Malaysia
11.3.8 Others
11.4 SouthAmerica
11.4.1 Brazil
11.4.2 Argentina
11.4.3 Chile
11.4.4 Colombia
11.4.5 Others
11.5 RoW
11.5.1 Middle East
11.5.2 Africa
12. Access Control as a Service Market - Market Entropy
12.1 New product launches
12.2 M&A's, collaborations, JVs and partnerships
13. Access Control as a Service Market – Industry Competitive Landscape (Premium)
13.1 Market Share – Global
13.2 Market Share by Region
13.3 Market Share By Deployment
14. Access Control as a Service Market – Key Company List by Country Premium (Premium)
15. Access Control as a Service Market - Company Analysis
15.1 Company 1
15.2 Company 2
15.3 Company 3
15.4 Company 4
15.5 Company 5
15.6 Company 6
15.7 Company 7
15.8 Company 8
15.9 Company 9
15.10 Company 10
LIST OF TABLES
1.Global ACaaS Market By Service Market 2023-2030 ($M)1.1 Hosted Services Market 2023-2030 ($M) - Global Industry Research
1.2 Managed Services Market 2023-2030 ($M) - Global Industry Research
1.3 Hybrid Services Market 2023-2030 ($M) - Global Industry Research
2.Global ACaaS Market By Deployment Market 2023-2030 ($M)
2.1 Public Cloud Market 2023-2030 ($M) - Global Industry Research
2.2 Private Cloud Market 2023-2030 ($M) - Global Industry Research
2.3 Hybrid Cloud Market 2023-2030 ($M) - Global Industry Research
3.Global ACaaS Market By End-Use Application Market 2023-2030 ($M)
3.1 Commercial Market 2023-2030 ($M) - Global Industry Research
3.2 Manufacturing & Industrial Market 2023-2030 ($M) - Global Industry Research
3.3 Government Bodies Market 2023-2030 ($M) - Global Industry Research
3.4 Utilities Market 2023-2030 ($M) - Global Industry Research
3.5 Healthcare Market 2023-2030 ($M) - Global Industry Research
3.6 Education Market 2023-2030 ($M) - Global Industry Research
3.7 Residential Market 2023-2030 ($M) - Global Industry Research
3.8 Transportation Market 2023-2030 ($M) - Global Industry Research
3.9 Retail Market 2023-2030 ($M) - Global Industry Research
4.Global ACaaS Market By Service Market 2023-2030 (Volume/Units)
4.1 Hosted Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Managed Services Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Hybrid Services Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global ACaaS Market By Deployment Market 2023-2030 (Volume/Units)
5.1 Public Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Private Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Hybrid Cloud Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global ACaaS Market By End-Use Application Market 2023-2030 (Volume/Units)
6.1 Commercial Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Manufacturing & Industrial Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Government Bodies Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 Utilities Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 Healthcare Market 2023-2030 (Volume/Units) - Global Industry Research
6.6 Education Market 2023-2030 (Volume/Units) - Global Industry Research
6.7 Residential Market 2023-2030 (Volume/Units) - Global Industry Research
6.8 Transportation Market 2023-2030 (Volume/Units) - Global Industry Research
6.9 Retail Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America ACaaS Market By Service Market 2023-2030 ($M)
7.1 Hosted Services Market 2023-2030 ($M) - Regional Industry Research
7.2 Managed Services Market 2023-2030 ($M) - Regional Industry Research
7.3 Hybrid Services Market 2023-2030 ($M) - Regional Industry Research
8.North America ACaaS Market By Deployment Market 2023-2030 ($M)
8.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
8.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
8.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
9.North America ACaaS Market By End-Use Application Market 2023-2030 ($M)
9.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
9.2 Manufacturing & Industrial Market 2023-2030 ($M) - Regional Industry Research
9.3 Government Bodies Market 2023-2030 ($M) - Regional Industry Research
9.4 Utilities Market 2023-2030 ($M) - Regional Industry Research
9.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
9.6 Education Market 2023-2030 ($M) - Regional Industry Research
9.7 Residential Market 2023-2030 ($M) - Regional Industry Research
9.8 Transportation Market 2023-2030 ($M) - Regional Industry Research
9.9 Retail Market 2023-2030 ($M) - Regional Industry Research
10.South America ACaaS Market By Service Market 2023-2030 ($M)
10.1 Hosted Services Market 2023-2030 ($M) - Regional Industry Research
10.2 Managed Services Market 2023-2030 ($M) - Regional Industry Research
10.3 Hybrid Services Market 2023-2030 ($M) - Regional Industry Research
11.South America ACaaS Market By Deployment Market 2023-2030 ($M)
11.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
11.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
11.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
12.South America ACaaS Market By End-Use Application Market 2023-2030 ($M)
12.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
12.2 Manufacturing & Industrial Market 2023-2030 ($M) - Regional Industry Research
12.3 Government Bodies Market 2023-2030 ($M) - Regional Industry Research
12.4 Utilities Market 2023-2030 ($M) - Regional Industry Research
12.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
12.6 Education Market 2023-2030 ($M) - Regional Industry Research
12.7 Residential Market 2023-2030 ($M) - Regional Industry Research
12.8 Transportation Market 2023-2030 ($M) - Regional Industry Research
12.9 Retail Market 2023-2030 ($M) - Regional Industry Research
13.Europe ACaaS Market By Service Market 2023-2030 ($M)
13.1 Hosted Services Market 2023-2030 ($M) - Regional Industry Research
13.2 Managed Services Market 2023-2030 ($M) - Regional Industry Research
13.3 Hybrid Services Market 2023-2030 ($M) - Regional Industry Research
14.Europe ACaaS Market By Deployment Market 2023-2030 ($M)
14.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
14.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
14.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
15.Europe ACaaS Market By End-Use Application Market 2023-2030 ($M)
15.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
15.2 Manufacturing & Industrial Market 2023-2030 ($M) - Regional Industry Research
15.3 Government Bodies Market 2023-2030 ($M) - Regional Industry Research
15.4 Utilities Market 2023-2030 ($M) - Regional Industry Research
15.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
15.6 Education Market 2023-2030 ($M) - Regional Industry Research
15.7 Residential Market 2023-2030 ($M) - Regional Industry Research
15.8 Transportation Market 2023-2030 ($M) - Regional Industry Research
15.9 Retail Market 2023-2030 ($M) - Regional Industry Research
16.APAC ACaaS Market By Service Market 2023-2030 ($M)
16.1 Hosted Services Market 2023-2030 ($M) - Regional Industry Research
16.2 Managed Services Market 2023-2030 ($M) - Regional Industry Research
16.3 Hybrid Services Market 2023-2030 ($M) - Regional Industry Research
17.APAC ACaaS Market By Deployment Market 2023-2030 ($M)
17.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
17.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
17.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
18.APAC ACaaS Market By End-Use Application Market 2023-2030 ($M)
18.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
18.2 Manufacturing & Industrial Market 2023-2030 ($M) - Regional Industry Research
18.3 Government Bodies Market 2023-2030 ($M) - Regional Industry Research
18.4 Utilities Market 2023-2030 ($M) - Regional Industry Research
18.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
18.6 Education Market 2023-2030 ($M) - Regional Industry Research
18.7 Residential Market 2023-2030 ($M) - Regional Industry Research
18.8 Transportation Market 2023-2030 ($M) - Regional Industry Research
18.9 Retail Market 2023-2030 ($M) - Regional Industry Research
19.MENA ACaaS Market By Service Market 2023-2030 ($M)
19.1 Hosted Services Market 2023-2030 ($M) - Regional Industry Research
19.2 Managed Services Market 2023-2030 ($M) - Regional Industry Research
19.3 Hybrid Services Market 2023-2030 ($M) - Regional Industry Research
20.MENA ACaaS Market By Deployment Market 2023-2030 ($M)
20.1 Public Cloud Market 2023-2030 ($M) - Regional Industry Research
20.2 Private Cloud Market 2023-2030 ($M) - Regional Industry Research
20.3 Hybrid Cloud Market 2023-2030 ($M) - Regional Industry Research
21.MENA ACaaS Market By End-Use Application Market 2023-2030 ($M)
21.1 Commercial Market 2023-2030 ($M) - Regional Industry Research
21.2 Manufacturing & Industrial Market 2023-2030 ($M) - Regional Industry Research
21.3 Government Bodies Market 2023-2030 ($M) - Regional Industry Research
21.4 Utilities Market 2023-2030 ($M) - Regional Industry Research
21.5 Healthcare Market 2023-2030 ($M) - Regional Industry Research
21.6 Education Market 2023-2030 ($M) - Regional Industry Research
21.7 Residential Market 2023-2030 ($M) - Regional Industry Research
21.8 Transportation Market 2023-2030 ($M) - Regional Industry Research
21.9 Retail Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Access Control As A Service Market Revenue, 2023-2030 ($M)2.Canada Access Control As A Service Market Revenue, 2023-2030 ($M)
3.Mexico Access Control As A Service Market Revenue, 2023-2030 ($M)
4.Brazil Access Control As A Service Market Revenue, 2023-2030 ($M)
5.Argentina Access Control As A Service Market Revenue, 2023-2030 ($M)
6.Peru Access Control As A Service Market Revenue, 2023-2030 ($M)
7.Colombia Access Control As A Service Market Revenue, 2023-2030 ($M)
8.Chile Access Control As A Service Market Revenue, 2023-2030 ($M)
9.Rest of South America Access Control As A Service Market Revenue, 2023-2030 ($M)
10.UK Access Control As A Service Market Revenue, 2023-2030 ($M)
11.Germany Access Control As A Service Market Revenue, 2023-2030 ($M)
12.France Access Control As A Service Market Revenue, 2023-2030 ($M)
13.Italy Access Control As A Service Market Revenue, 2023-2030 ($M)
14.Spain Access Control As A Service Market Revenue, 2023-2030 ($M)
15.Rest of Europe Access Control As A Service Market Revenue, 2023-2030 ($M)
16.China Access Control As A Service Market Revenue, 2023-2030 ($M)
17.India Access Control As A Service Market Revenue, 2023-2030 ($M)
18.Japan Access Control As A Service Market Revenue, 2023-2030 ($M)
19.South Korea Access Control As A Service Market Revenue, 2023-2030 ($M)
20.South Africa Access Control As A Service Market Revenue, 2023-2030 ($M)
21.North America Access Control As A Service By Application
22.South America Access Control As A Service By Application
23.Europe Access Control As A Service By Application
24.APAC Access Control As A Service By Application
25.MENA Access Control As A Service By Application
26.Brivo Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Cloudastructure Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Tyco Security Products, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.ASSA Abloy AB, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Dorma+Kaba Holding AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Microsoft Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Gemalto Nv, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Honeywell Security, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Centrify Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.AIT Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Vanderbilt Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.M3T Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
38.ADS Security, Sales /Revenue, 2015-2018 ($Mn/$Bn)
39.Kisi Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)