Security

Market Size & Major Trends in the Access Control Market 2017 to 2022

Access Control has over the last 5 years become a much more attractive business. It has realized the highest rate of growth of all physical security sectors over the last 2 years, partly because of moving into IP technology and improving product and management performance. It now has come to a crossroads. Will it now take the bold step of becoming “Open” or just ignore industry standards for a time. There have been some intriguing acquisitions this year and together with the arrival of 2 major Chinese manufacturers into the western access control market this could have a significant bearing on a move to more Open Standards. Our new report shows that suppliers have in the recent past listened and acted on the needs of the stakeholders in the supply chain and as a result the world market for Access Control products and software reached $6.858 billion in 2017 an increase of almost 7% on […]

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