Access Control Reader Market size to grow by USD 809.26 million between 2022 and 2027; Allied Universal, Anviz Global Inc., among others, identified as key vendors – Technavio

NEW YORK, May 22, 2023 /PRNewswire/ — The access control reader market size is set to grow by USD 809.26 million between 2022 and 2027 and register a CAGR of 6.6%, according to Technavio’s latest market research report. With a focus on identifying dominant industry influencers, Technavio’s reports present a detailed study by way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Allied Universal, Anviz Global Inc., Atlas Copco AB, Axis Communications AB, Bell System Telephones Ltd., Brivo Inc., Genetec Inc., HID Global Corp., Honeywell International Inc., Johnson Controls International Plc., Nice SpA, Remsdaq Ltd., Salto Systems SL, Samsung Electronics Co. Ltd., sesamsec GmbH, Third Millennium Systems Ltd., Vanderbilt International GmbH, WaveLynx Technologies Corp., ZKTeco USA, and Zucchetti Axess Spa are some of the major market participants. The rising cyberattacks, malware infections, and other frauds, the increased adoption and implementation of the mobility phenomenon and BYOD, and the penetration of the Internet and wireless network infrastructure will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.

Access Control Reader Market 2023-2027: Segmentation

  • Type 
    • Card-Based Readers: The market share growth of the card-based readers’ segment will be significant during the forecast period. The card-based readers’ segment was valued at USD 1,771.72 million in 2017 and continued to grow until 2021.
    • Biometric Readers
    • Keypad Readers
    • Multi-technology Readers
  • End-user 
    • Commercial
    • Government
    • Residential
  • Geography 
    • North America: APAC is estimated to contribute 31% to the growth of the global market during the forecast period. The rapid rate of technology acceptance and overall maturity of various industries has led to an increase in the demand for access control readers.
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Learn more about the factors assisting the growth of the market, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR74969

Access Control Reader Market 2023-2027: Vendor Analysis and Scope

Some of the major vendors of the access control reader market in l4 industry include Allied Universal, Anviz Global Inc., Atlas Copco AB, Axis Communications AB, Bell System Telephones Ltd., Brivo Inc., Genetec Inc., HID Global Corp., Honeywell International Inc., Johnson Controls International Plc., Nice SpA, Remsdaq Ltd., Salto Systems SL, Samsung Electronics Co. Ltd., sesamsec GmbH, Third Millennium Systems Ltd., Vanderbilt International GmbH, WaveLynx Technologies Corp., ZKTeco USA, and Zucchetti Axess Spa. To help businesses improve their market position, Technavio’s report provides a detailed analysis of around 15+ vendors operating in the market. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. Backed with competitive intelligence and benchmarking, our research reports on the access control reader market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

aus.com- The company offers access control reader solutions such as Symmetry Software, Door Controllers, and Card Readers.

anviz.com- The company offers access control reader products such as VP30, FacePass 7 IRT, and FacePass 7 Pro.

atlascopcogroup.com- The company offers access control reader solutions such as Stid under the subsidiary Atlas secure technology.

The report also covers the following areas:

Market Driver

  • Rising cyberattacks, malware infections, and other frauds
  • Increased adoption and implementation of the mobility phenomenon and BYOD
  • Penetration of the Internet and wireless network infrastructure

Market Trend

  • Growing innovations and implementations
  • Government improvements to security features
  • Steady implementation of mobile-based access control

Market Challenges

  • Interoperability
  • Data breach risk and privacy concerns
  • Limited awareness

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Access Control Reader Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist access control reader market growth during the next five years
  • Estimation of the access control reader market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the access control reader market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of access control reader market vendors

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Access Control Reader Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 6.6%

Market growth 2023-2027

USD 809.26 million

Market structure

Fragmented

YoY growth 2022-2023(%)

5.88

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 31%

Key countries

US, China, India, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Allied Universal, Anviz Global Inc., Atlas Copco AB, Axis Communications AB, Bell System Telephones Ltd., Brivo Inc., Genetec Inc., HID Global Corp., Honeywell International Inc., Johnson Controls International Plc., Nice SpA, Remsdaq Ltd., Salto Systems SL, Samsung Electronics Co. Ltd., sesamsec GmbH, Third Millennium Systems Ltd., Vanderbilt International GmbH, WaveLynx Technologies Corp., ZKTeco USA, and Zucchetti Axess Spa

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022 
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global access control reader market 2017 – 2021
    • Exhibit 18: Historic market size – Data table on global access control reader market 2017 – 2021 ($ million)
  • 4.2 Type Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic market size – Type segment 2017 – 2021 ($ million)
  • 4.3 End-user Segment Analysis 2017 – 2021
    • Exhibit 20: Historic market size – End-user segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021
    • Exhibit 21: Historic market size – Geography segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021
    • Exhibit 22: Historic market size – Country segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 30: Chart on Type – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type – Market share 2022-2027 (%)
  • 6.2 Comparison by Type 
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Card based readers – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Card based readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Card based readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Card based readers – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Card based readers – Year-over-year growth 2022-2027 (%)
  • 6.4 Biometric readers – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Biometric readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Biometric readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Biometric readers – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Biometric readers – Year-over-year growth 2022-2027 (%)
  • 6.5 Keypad readers – Market size and forecast 2022-2027
    • Exhibit 42: Chart on Keypad readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 43: Data Table on Keypad readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 44: Chart on Keypad readers – Year-over-year growth 2022-2027 (%)
    • Exhibit 45: Data Table on Keypad readers – Year-over-year growth 2022-2027 (%)
  • 6.6 Multi-technology readers – Market size and forecast 2022-2027 
    • Exhibit 46: Chart on Multi-technology readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 47: Data Table on Multi-technology readers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Chart on Multi-technology readers – Year-over-year growth 2022-2027 (%)
    • Exhibit 49: Data Table on Multi-technology readers – Year-over-year growth 2022-2027 (%)
  • 6.7 Market opportunity by Type 
    • Exhibit 50: Market opportunity by Type ($ million)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 51: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 52: Data Table on End-user – Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 53: Chart on Comparison by End-user
    • Exhibit 54: Data Table on Comparison by End-user
  • 7.3 Commercial – Market size and forecast 2022-2027
    • Exhibit 55: Chart on Commercial – Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Commercial – Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Commercial – Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Commercial – Year-over-year growth 2022-2027 (%)
  • 7.4 Government – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Government – Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Government – Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Government – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Government – Year-over-year growth 2022-2027 (%)
  • 7.5 Residential – Market size and forecast 2022-2027
    • Exhibit 63: Chart on Residential – Market size and forecast 2022-2027 ($ million)
    • Exhibit 64: Data Table on Residential – Market size and forecast 2022-2027 ($ million)
    • Exhibit 65: Chart on Residential – Year-over-year growth 2022-2027 (%)
    • Exhibit 66: Data Table on Residential – Year-over-year growth 2022-2027 (%)
  • 7.6 Market opportunity by End-user 
    • Exhibit 67: Market opportunity by End-user ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 69: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 71: Chart on Geographic comparison
    • Exhibit 72: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027
    • Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027
    • Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 APAC – Market size and forecast 2022-2027
    • Exhibit 81: Chart on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027
    • Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027
    • Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 China – Market size and forecast 2022-2027
    • Exhibit 97: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.10 Germany – Market size and forecast 2022-2027
    • Exhibit 101: Chart on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.11 UK – Market size and forecast 2022-2027
    • Exhibit 105: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 106: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 107: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 108: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.12 India – Market size and forecast 2022-2027
    • Exhibit 109: Chart on India – Market size and forecast 2022-2027 ($ million)
    • Exhibit 110: Data Table on India – Market size and forecast 2022-2027 ($ million)
    • Exhibit 111: Chart on India – Year-over-year growth 2022-2027 (%)
    • Exhibit 112: Data Table on India – Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers 
  • 10.2 Market challenges 
  • 10.3 Impact of drivers and challenges 
    • Exhibit 114: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends 

11 Vendor Landscape

  • 11.1 Overview 
  • 11.2 Vendor landscape 
    • Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 116: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 117: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 118: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 119: Matrix on vendor position and classification
  • 12.3 Allied Universal 
    • Exhibit 120: Allied Universal – Overview
    • Exhibit 121: Allied Universal – Product / Service
    • Exhibit 122: Allied Universal – Key offerings
  • 12.4 Anviz Global Inc. 
    • Exhibit 123: Anviz Global Inc. – Overview
    • Exhibit 124: Anviz Global Inc. – Product / Service
    • Exhibit 125: Anviz Global Inc. – Key offerings
  • 12.5 Atlas Copco AB 
    • Exhibit 126: Atlas Copco AB – Overview
    • Exhibit 127: Atlas Copco AB – Business segments
    • Exhibit 128: Atlas Copco AB – Key news
    • Exhibit 129: Atlas Copco AB – Key offerings
    • Exhibit 130: Atlas Copco AB – Segment focus
  • 12.6 Axis Communications AB 
    • Exhibit 131: Axis Communications AB – Overview
    • Exhibit 132: Axis Communications AB – Product / Service
    • Exhibit 133: Axis Communications AB – Key news
    • Exhibit 134: Axis Communications AB – Key offerings
  • 12.7 Bell System Telephones Ltd. 
    • Exhibit 135: Bell System Telephones Ltd. – Overview
    • Exhibit 136: Bell System Telephones Ltd. – Product / Service
    • Exhibit 137: Bell System Telephones Ltd. – Key offerings
  • 12.8 HID Global Corp. 
    • Exhibit 138: HID Global Corp. – Overview
    • Exhibit 139: HID Global Corp. – Product / Service
    • Exhibit 140: HID Global Corp. – Key news
    • Exhibit 141: HID Global Corp. – Key offerings
  • 12.9 Honeywell International Inc. 
    • Exhibit 142: Honeywell International Inc. – Overview
    • Exhibit 143: Honeywell International Inc. – Business segments
    • Exhibit 144: Honeywell International Inc. – Key news
    • Exhibit 145: Honeywell International Inc. – Key offerings
    • Exhibit 146: Honeywell International Inc. – Segment focus
  • 12.10 Johnson Controls International Plc.
    • Exhibit 147: Johnson Controls International Plc. – Overview
    • Exhibit 148: Johnson Controls International Plc. – Business segments
    • Exhibit 149: Johnson Controls International Plc. – Key news
    • Exhibit 150: Johnson Controls International Plc. – Key offerings
    • Exhibit 151: Johnson Controls International Plc. – Segment focus
  • 12.11 Nice SpA 
    • Exhibit 152: Nice SpA – Overview
    • Exhibit 153: Nice SpA – Product / Service
    • Exhibit 154: Nice SpA – Key offerings
  • 12.12 Remsdaq Ltd. 
    • Exhibit 155: Remsdaq Ltd. – Overview
    • Exhibit 156: Remsdaq Ltd. – Product / Service
    • Exhibit 157: Remsdaq Ltd. – Key offerings
  • 12.13 Samsung Electronics Co. Ltd. 
    • Exhibit 158: Samsung Electronics Co. Ltd. – Overview
    • Exhibit 159: Samsung Electronics Co. Ltd. – Business segments
    • Exhibit 160: Samsung Electronics Co. Ltd. – Key news
    • Exhibit 161: Samsung Electronics Co. Ltd. – Key offerings
    • Exhibit 162: Samsung Electronics Co. Ltd. – Segment focus
  • 12.14 Third Millennium Systems Ltd. 
    • Exhibit 163: Third Millennium Systems Ltd. – Overview
    • Exhibit 164: Third Millennium Systems Ltd. – Product / Service
    • Exhibit 165: Third Millennium Systems Ltd. – Key offerings
  • 12.15 Vanderbilt International GmbH 
    • Exhibit 166: Vanderbilt International GmbH – Overview
    • Exhibit 167: Vanderbilt International GmbH – Product / Service
    • Exhibit 168: Vanderbilt International GmbH – Key offerings
  • 12.16 WaveLynx Technologies Corp. 
    • Exhibit 169: WaveLynx Technologies Corp. – Overview
    • Exhibit 170: WaveLynx Technologies Corp. – Product / Service
    • Exhibit 171: WaveLynx Technologies Corp. – Key offerings
  • 12.17 Zucchetti Axess Spa 
    • Exhibit 172: Zucchetti Axess Spa – Overview
    • Exhibit 173: Zucchetti Axess Spa – Product / Service
    • Exhibit 174: Zucchetti Axess Spa – Key offerings

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 175: Inclusions checklist
    • Exhibit 176: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 177: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 178: Research methodology
    • Exhibit 179: Validation techniques employed for market sizing
    • Exhibit 180: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 181: List of abbreviations

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