Access Control as a Service Market Estimated to Perceive Accrued Value with a Staggering CAGR; MRFR Unleashes Industry Insights Up To 2032

Industry News December 2017, Oracle Expands Security Portfolio with New Capabilities and Partner Program Designed to Help Organizations Detect and Protect Against Threats. This expanded portfolio includes new capabilities to help enterprises, manage and certify user identities, application and confidential data, more securely, and through a richer consumerized experience. Oracle's integrated suite is designed to enable customers to quickly adapt their security and operational posture as their risk landscape changes. The company believes to achieve this by improvising access control, more specifically, data access control for IT enterprises. Oracle also plans to integrate machine learning to potentially help thwart attacks, and reduce detection window from months to minutes and quickly address security breaches and performance outages.December, 2017, SkyFidelity Introduces Voice Activated Thermostat. A subsidiary of SkyFidelity, TriCascade Inc, an Internet of Things (IoT) technology company has created a smart Thermostat device, allowing consumers to use voice activated commands to control residential temperature. The device provides an ability to provide both mobile app and voice activated controls. The device can be controlled by Wi-Fi or Bluetooth by smartphones, allowing consumers to have better access control. The company also plans to integrate the thermostat control with overall access control by smartphone application towards smart homes.December, 2017, Suprema wins security award for its biometric access control solutions. Suprema has been recognized in A&S’s 2017 Security 50 rankings for the seventh year in a row. Suprema moved from 31st to 30th with 2016 annual revenue of US$66.2M and is the only dedicated biometrics company among the ‘Access Control Product Group’. Suprema ranked 4th in Access Control rankings after multi-nationals including Assa Abloy, Allegion and Nedap. The company claims to focus on user convenience from technological advancement while user acceptance is rapidly growing with widespread of biometrics enabled smartphones. Access Control as a Service Global Market - Segmentation Segmentation by Service: managed, hosted, hybrid.Segmentation by Deployment: on premise, on cloudSegmentation by Application: Network access control, data access controlSegmentation by Device: Biometric, smart card access, identity management solutionSegmentation by Type: Discretionary, non-discretionary.Segmentation by Vertical: Social media, manufacturing, utilities, government bodies, commercial, cooling & lighting.Segmentation by Region: North America, Europe, Asia Pacific, rest of the world.

Regional Analysis

The increasing concern of organizations about losing their control over its outsourced data and security & storage of the data are leading more companies to adopt access control as a service. By geography, the market analysis is done into North America, Europe, Asia Pacific and rest of the world. Because of the large presence of organizations in information & technology sector reside in countries like the U.S, Canada, the U.K, and Germany among others, the North American region is dominating the market of Access control as a service. Additionally, Asia Pacific is the fastest growing market. The region includes countries like China, India and Japan having more number of small and medium enterprises, and because of the cheaper adoption of access control as a service on cloud servers, the market is expected to grow at a fast rate.