Access Control Systems Market Set to Hit USD 9.80 Billion by 2022, Report Suggests
The Access Control Systems Market is set to reach USD 9.80 billion by 2022, at a CAGR of 7.49% between 2016 and 2022, the latest research report from Research and Markets has been able to suggest.
The paper, “Access Control Market by Type, Hardware, Controller/Server, Geography – Global Forecast to 2022”, suggests that the market for electronic locks is expected to grow at a faster rate over other readers in the access control market.
This is primarily due to reduced cost, increased convenience of not carrying any separate credential such as cards or key fobs. It also enables the users to monitor and operate remotely and transfer the credential over the mobile phones. These additional features are driving the market for electronic locks for the access control systems. Electronic locks are majorly adopted in the commercial & services and residential applications.
In terms of growth drivers, the increased security threats across the world, growing urbanization, and technological developments in the access control market are considered to be the major factors set to contribute to this significant increase in market share.
North America is expected to hold the largest share of the total access control market in 2016. The stable construction market in North America and technological developments are driving the North American market. In addition, the consumer shifting toward digital, interconnected environment also drives the North American access control market.
Tensor Access Control Systems – delivering superior security and reliability at an affordable price point
Tensor plc is the No.1 British designer and manufacturer of smart card – based access control and time and attendance terminals. We supply top-quality, reliable and secure Access Control Systems that adhere to the latest industry standards and have numerous partners and distributors across the world.
You can control most standard types of internal/external electronic door releases and physical security devices such as barriers and turnstiles making full use of location points, whether in full view or hidden out of sight using multi-factor authentication solutions.
Operated by contactless smart cards, key fobs or biometrics, Tensor Access Control Systems give you full control over who is allowed access through any controlled point at any time of any day, placing it at the forefront of security solutions.
Tensor Access Control is modular in design, and has the advanced capability of being able to be adapted and extended to integrate with a time and attendance system seamlessly and without complication.
If you would like to find out more about the extensive range of access control solutions supplied by Tensor, just contact us or Book a Demo, we would be more than happy to answer all of your questions and queries.