Infrastructure development for Fifa World Cup 2022 to bolster access control market
Qatar’s massive infrastructure development related to the upcoming Fifa World Cup 2022 will play a major role in driving Qatar’s access control market to grow at a CAGR of 12.52 per cent during 2015-21, a recent report has been able to find.
Around 300 billion dollars would be invested in the country across various sectors and, in order to improve the security for these rising infrastructures, the demand for access control systems is very likely to increase, according to the report entitled “Qatar’s Access Control Market (2015-2021)” from 6Wresearch, a global market research and consulting firm specializes in niche and emerging markets.
Card reader access control system would continue to dominate the access control market, since contactless card reader systemsare highly deployed in hospitality, retail, commercial and banking sectors in the country.
According to Sathi Paul, research associate, Research and Consulting, 6Wresearch, Qatar’s access control market is anticipated to grow in the future on account of various projects such as football stadiums, Pearl Qatar , Doha Metro, Airport City Project, Lusail City and several new hotel projects.
“Furthermore, commercial office segment accounted the largest share in the access control market, followed by government and transportation segment. Apart from these two applications, hospitality sector highly installs access control systems and with the construction of new hotels for accommodating the visitors during World Cup, demand for access control systems would increase in the coming years,” Paul concluded.
Tensor – the experts in card-based access control systems
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