According to the recent study the Access Control as a Service Market is projected to reach an estimated $3 billion by 2030 from $1.0 billion in 2023, at a CAGR of 15.0% from 2023 to 2030. Growth in this market is primarily driven by increasing uses of cloud computing platforms and IoT technology, growing demand for cloud based hosted and managed services and rising adoption of electronic security products in access control as a services market.
Browse 80 figures / charts and 74 tables in this 150 -page report to understand trends, opportunities and forecast in access control as a service market by end use industry (commercial, manufacturing and industrial, government bodies, residential, transportation, healthcare, education, and utilities), service (hosted, managed, and hybrid), deployment (public cloud, private cloud, and hybrid cloud). and region (North America, Europe, APAC and the Rest of the World).
Lucintel forecasts that managed service will remain the largest service type and it is also expected to witness the highest growth over the forecast period due to the increasing demand in organizations to secure data and as adding and deleting access rights and credentials.
Within the access control as a service market, public cloud will remain the largest segment by deployment type and private cloud is also expected to witness the highest growth over the forecast period due to growing demand from end user such as single organization, managed, and operated by the organization, a third party, or some combination of them.
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North America will remain the largest region due to high adoption of advanced and IoT based cloud computing to minimizing risk for a business or organization. APAC is expected to witness the highest growth over the forecast period supported by increasing uses of access control as service in commercial, manufacturing and industrial sectors.
Brivo Inc., Cloud structure Inc, Assa Abloy Ab, Dormakaba, Honeywell Security are the major suppliers in the access control as a service providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
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