Electronic Access Control Systems Market Size was valued at USD 39 Billion in 2022. The Electronic Access Control Systems market industry is projected to grow from USD 65 Billion in 2023 to USD 106 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 10.00% during the forecast period (2024 - 2032). The worldwide government organization is raising their investments for security solutions are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The growing security concerns in many organizations are a crucial driver for the electronic access control systems market. Theft breaches and break-ins are crimes that are prevalent in commercial and residential areas. Due to this, the need for advanced security systems is rising. The convenience of electronic access systems leads to high adoption. It is an exceptional security solution suitable for many purposes. The installation of the EACS Market will steadily grow in the upcoming years. In the next few years, the crime rate is expected to be more. Through electronic access, providing a safe environment is possible for individuals. Inside a premise, only authorized and private access is attainable through Modern access control systems.
Furthermore, the growth of public violence, vandalism, and terror attacks is another driver for the electronic access control systems market. Today, terror threats in public areas and educational institutions are high. To prevent such crimes, the deployment of electronic access control is happening rapidly. In several public buildings such as offices, healthcare buildings, and residences, the security level is enhanced through this system. The wide range of demand for this security solution will ultimately increase this market's supply and profitability rate. Therefore, such factors related to Electronic Access Control Systems have enhanced the Electronic Access Control Systems market CAGR across the globe in recent years.
The Electronic Access Control Systems market segmentation, based on components, includes Biometrics Reader, Card-Based Reader, Multi-Technology Readers, Electronic Locks, and Controllers. The Biometrics Reader segment held the majority share 2022 of the Electronic Access Control Systems market revenue. Biometric readers use personal characteristics, such as fingerprints, iris scans, and facial recognition, to identify individuals and grant access. As biometric technology continues to advance and become more affordable, the demand for biometric access control systems is expected to increase, further driving the growth of the biometrics reader segment. In addition, the growing adoption of smart homes and the increasing awareness about security and surveillance is also expected to drive the demand for biometric access control systems. Overall, the biometrics reader segment is expected to continue to dominate the Electronic Access Control Systems market during the forecast period, due to its high level of security and convenience, as well as its growing adoption in various end-use industries.
Based on vertical, the Electronic Access Control Systems market segmentation includes Commercial Spaces, Military & Defense, Government, Residential, Education, Healthcare, Industrial, and Others. The Residential segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period, 2024-2032. This is due to the increasing adoption of smart homes and growing awareness about home security among homeowners. As more people are investing in smart home technology, the demand for electronic access control systems that integrate with other smart home devices and provide remote access and control is expected to increase. These all factors for Electronic Access Control Systems positively impact the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Asia Pacific is expected to be a crucial regional player in the Electronic Access Control Systems market, due to the presence of a large and rapidly growing population, increasing urbanization, and the growing demand for advanced and secure access control solutions. The increasing focus on security and surveillance, particularly in the commercial spaces and government sectors, is also driving the demand for electronic access control systems in the Asia Pacific region. Overall, the Asia Pacific region is expected to be a crucial player in the Electronic Access Control Systems market during the forecast period, due to the presence of a large and rapidly growing population, increasing urbanization, and the growing demand for advanced and secure access control solutions.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s Electronic Access Control Systems market accounts for the third-largest market share. This region is expected to witness significant growth during the forecast period, due to the presence of a large number of key players and the increasing demand for advanced and secure access control solutions. The increasing focus on security and surveillance, particularly in the commercial spaces and government sectors, is also driving the demand for electronic access control systems in Europe. Overall, Europe is expected to be a significant player in the Electronic Access Control Systems market during the forecast period, due to the presence of a large number of key players, the increasing demand for advanced and secure access control solutions, and the growing awareness about the benefits of electronic access control systems. Further, the Germany Electronic Access Control Systems market held the largest market share, and the UK Electronic Access Control Systems market was the fastest-growing market in the European region.
North America is expected to continue its dominance in the Electronic Access Control Systems market, due to the presence of a large number of key players and the early adoption of technology in the region. The increasing demand for advanced and secure access control systems, coupled with the growing awareness about security and surveillance, is driving the growth of the market in North America. The United States is a major contributor to the growth of the electronic access control systems market in North America, due to the presence of a large number of key players and the increasing demand for advanced security solutions in the country. In addition, the growing adoption of smart homes and the increasing focus on security and surveillance in various end-use industries, such as commercial spaces, military & defense, and government, is also driving the growth of the electronic access control systems market in North America. Moreover, the U.S. Electronic Access Control Systems market held the largest market share, and the Canada Electronic Access Control Systems market was the fastest-growing market in the North American region.
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Electronic Access Control Systems market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Electronic Access Control Systems industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth for Electronic Access Control Systems. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Electronic Access Control Systems industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Electronic Access Control Systems industry to benefit customers and expand the market sector. Major Electronic Access Control Systems market players, including TRUSTSEC, Johnson Controls International plc, Allegion plc, Honeywell Security Group, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Bosch Security Systems Inc., Gemalto N.V., NEC Corporation, IDEMIA, FINGERPRINTS, Axis Communications, Lenel Systems International, Time and Data Systems International, AMAG Technology, Gunnebo, and others, are attempting to increase market demand by funding R&D initiatives.
Johnson Controls International plc is a diversified technology and multi-industrial company. The company operates in the building technologies and solutions, energy solutions, and automotive systems markets. Johnson Controls provides a range of products and services for the building and energy management industry, including HVAC systems, fire suppression systems, security and access control systems, and building automation systems. In the energy solutions market, the company provides solutions for optimizing energy use, such as batteries and energy storage systems, and integrated solutions for building automation and energy management.
Allegion is a provider of security products and solutions. The company operates in the access control, time and attendance, and door hardware markets. Allegion provides a range of security products and solutions, including electronic locks, mechanical locks, door closers, exit devices, and access control systems. The company also offers integrated security solutions for various applications, such as data centers, hospitals, schools, and commercial buildings. In addition, Allegion provides time and attendance solutions, including biometric and card-based systems, for various end-use industries, such as healthcare, education, and government.
In December 2023, Thales collaborated with major Korean mobile operator SK Telecom to install Post Quantum Cryptography (PQC) on 5G networks, improving the security of subscribers' identity and privacy.
Suprema Inc. released its BioStation 2a in November 2023. The Biostation is backed by deep learning-based state of the art Al algorithm which makes it a high-performance edge device with an AI processor called NPU (Neural Processing Unit) developed for deep learning and provides very precise and quick fingerprint recognition capabilities.
In February 2023, Air Canada announced a trial program for digital facial recognition on select flights between Vancouver and Winnipeg, as well as for eligible customers at Toronto Pearson’s Air Canada Café. The airline prides itself on being Canada’s first airline to extend this service to its customers. This program aims to simplify boarding procedures while cutting down waiting times, thereby enhancing efficiency; additionally, Air Canada plans to expand it eventually at some Canadian airports along with Maple Leaf Lounges.
Dormakaba introduced Demystifying Access Control in October 2022 – a new module that is part of Royal Institute of British Architects (RIBA) Approved Continuing Professional Development (CPD). In particular, this education session covers basic principles of access control as well as important specification considerations and recent product developments both in terms of hardware and software.
Axis Communications partnered with Genetec Inc., in March 2023 to introduce Axis a new enterprise level access control solution that integrates Genetec access control software and Axis network door controllers into one easy to deploy package. This launches the first-ever such solution leveraging on the Genetec technology for unified security, public safety, operations and business intelligence systems.
In January 2020, Panasonic created a multi-functional secure IC. It secures vital data on industrial IoT (Internet of Things) devices. Additionally, the company has revealed plans to offer wireless interface functions with NFC (near-field communication).
Last year Honeywell launched the WIN-PAK 4.8 application, which is capable of managing access control, video surveillance and intrusion detection into one platform in an affordable manner. This new software can be used at one or more sites, and it does not limit the number of users that can be accommodated within its framework.
North America
Europe
Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 39 Billion |
| Market Size 2023 | USD 65 Billion |
| Market Size 2032 | USD 106 Billion |
| Compound Annual Growth Rate (CAGR) | 10.00% (2024-2032) |
| Base Year | 2023 |
| Market Forecast Period | 2024-2032 |
| Historical Data | 2018 & 2020 |
| Market Forecast Units | Value (USD Million) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Component, Vertical, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | TRUSTSEC , Johnson Controls International plc, Allegion plc, Honeywell Security Group, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Bosch Security Systems Inc., Gemalto N.V., NEC Corporation, IDEMIA, FINGERPRINTS, Axis Communications, Lenel Systems International, Time and Data Systems International, AMAG Technology, Gunnebo |
| Key Market Opportunities | The rising demand for more reliable types of access control systems & devices that can offer improved identification and authentication process. Increasing adoption of physical access control systems in sectors such as military & defense, government, and healthcare increases |
| Key Market Dynamics | Rising security concerns rise in crime rates Growing need to limit individual premise access |
Frequently Asked Questions (FAQ) :
The Electronic Access Control Systems market size was valued at USD 39 Billion in 2022.
The market is projected to grow at a CAGR of 10.00% during the forecast period, 2024-2032.
North America had the largest share in the Electronic Access Control Systems market.
The key players in the market are TRUSTSEC, Johnson Controls International plc, Allegion plc, Honeywell Security Group, Identiv, Inc., Nedap N.V., Suprema HQ Inc., Bosch Security Systems Inc., Gemalto N.V., NEC Corporation, IDEMIA, FINGERPRINTS, Axis Communications, Lenel Systems International, Time and Data Systems International, AMAG Technology, Gunnebo.
The biometric reader category dominated the market in 2022.
The residential had the largest share in the market for Electronic Access Control Systems.
Nedap N.V., Bosch Security Systems Inc., Suprema HQ Inc., Identiv, Inc., Dormakaba Holding AG, Honeywell Security Group, Allegion plc, ASSA ABLOY AB, Gemalto N.V., and Johnson Controls International plc are key manufacturers of the global electronic access control systems market.
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Team Lead - Research she holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.
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