The global access control as a service market is projected to reach $1.1 billion by 2025, at a CAGR of 11% during 2020-2025. The growth of access control as a service market is 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.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the 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, Asia Pacific, and the
Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the access control as a service market?
Q.4 What are some
changing demands of customers in the access control as a service market?
Q.5 What are the new
developments in the access control as a service market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this access control as a service area and
how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this access control as a service market?
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clicking on https://www.lucintel.com/access-control-as-a-service-market.aspx
Market Segmentation:
Based on on end use industry, the access control as a service market is
segmented into commercial, manufacturing and industrial, government bodies,
residential, transportation, healthcare, education, and utilities. The commercial
segment accounted for the largest share of the market in 2020 during the
forecast period, due to increasing adoption of AcaaS particularly in small- to
medium-sized businesses (SMBs) as it provide cost savings and continued support
and scalability benefits.
North America is
expected to be the largest region over the forecast period due to growing
demand for security solutions and advancement in cloud-based technologies. APAC
is expected to witness the highest growth over the forecast period supported by
increasing adoption of ACaaS system in commercial, government bodies, and manufacturing
and industrial applications.
Key Players in the access
control as a service market are Dormakaba, Assa Aboly AB, Honeywell Security,
Microsoft Corporation, Brivo Inc, Cisco Systems, Inc., and Digital Hands.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/access-control-as-a-service-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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