Global access control and authentication market to reach 50 Billion US Dollars by 2020, research suggests
The global access control and authentication market is set to grow at an estimated CAGR of 15.3% from 2014 to 2020, reaching an estimated US$ 49,890.3 mn by the end of the forecast period, a recent report from Transparency Market Research has been able to reveal.
In the coming years, increase in security budgets for safeguarding critical infrastructure across countries is expected to continue driving the demand for physical security systems. Moreover, revival of commercial projects across various fields including residential, defence, and commercial sectors is expected to further boost the demand for such solutions.
Due to advanced infrastructure developments, extensive adoption of access control systems in business organizations, and growth in criminal activities, the access control and authentication market is becoming both more sophisticated and complicated. This has led to the growth of service industry in the access control and authentication market.
Tensor – your partner for access control and authentication solutions
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, delivering complete control of a single internal door through to a fully computerised, multi-site network of control points.
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.
Operated by contactless smart cards, key fobs or biometrics, a Tensor Access System gives 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’d like to find out more about the extensive range of access control solutions supplied by Tensor, just contact us or Book a Demo, we’d be more than happy to answer all of your questions and queries.