Installed Base of Access Control Measures to Reach 2.3 Billion Units in 2016, Report Suggests
The total installed base of access-control readers, panels, credentials and electronic locks is expected to reach an estimated 2.3 billion units in 2016 – up 27.8% on 2012, a recent market research report from IHS Markit has been able to suggest.
The company’s latest ”Access Control Intelligence Database – Installed Base” report points out that credentials like access control cards and fobs account for the vast majority – 95% – of this market, fuelled by their high turnover (because employees move jobs and regularly lose their cards).
Except for credentials, panels have the largest percentage in terms of deployed access control hardware and accessories, with 18.8% of all installed hardware and 38.3% of revenue. Electronic locks come second, making up 16.7% of the installed base, while readers come third, at 16.6%.
As far as the specific users are concerned, the commercial sector accounts for the largest portion of the installed base, with 495 million units and a 21.6% share, followed by governmental (17.1%) installations. Nevertheless, the residential sector is catching up fast, growing at a compound annual growth rate of 7.4% between 2012-2016.
Tensor – the go-to company for secure, reliable and affordable access control products and systems
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 Systemsgive 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.