The Worldwide Access Control Reader Industry is Projected to Reach $6.7 Billion by 2027

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Sep 09, 2022, 13:45 ET

DUBLIN, Sept. 9, 2022 /PRNewswire/ -- The "Global Access Control Reader Market (2022-2027) by Reader Type, Technology Type, Vertical, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.

The Global Access Control Reader Market is estimated to be USD 4.19 Bn in 2022 and is projected to reach USD 6.76 Bn by 2027, growing at a CAGR of 10.03%.

Market dynamics are forces that impact the prices and behaviors of the Global Access Control Reader Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are ASSA ABLOY, Dormakaba Holding, Allegion, Identiv, IDEMIA, Nedap, Suprema, Gemalto NV (Thales Group), etc.

Countries Studied

America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the Global Access Control Reader Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The report analyses the Global Access Control Reader Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

The report offers a comprehensive evaluation of the Global Access Control Reader Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Dynamics
4.1 Drivers
4.1.1 High Demand for Enhanced Security and Improved Human Resource Management
4.1.2 Contactless Interfaces to Boost Adoption of Smart Cards
4.2 Restraints
4.2.1 Limited Awareness about Advanced Security Solutions among Users
4.3 Opportunities
4.3.1 Growing Demand for Infrastructure Facilities in Emerging Economies
4.3.2 Threat of Terrorism and Criminal Activities Increases Security Management
4.4 Challenges
4.4.1 Security Concerns Related to Unauthorized Access and Data Breach

5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis

6 Global Access Control Reader Market, By Reader Type
6.1 Introduction
6.2 Card-Based Readers
6.2.1 Magnetic Stripe Readers
6.2.2 Proximity Card Readers (125 kHz)
6.2.3 Smart Card Readers (13.6 MHz)
6.3 Biometric Readers
6.3.1 Fingerprint Recognition
6.3.2 Palm Recognition
6.3.3 Iris Recognition
6.3.4 Face Recognition
6.3.5 Vein Recognition
6.3.6 Voice Recognition
6.4 Multi-Technology Readers

7 Global Access Control Reader Market, By Technology Type
7.1 Introduction
7.2 iCLASS MIFARE
7.3 DESFire
7.4 LEGIC Advant
7.5 Others

8 Global Access Control Reader Market, By Vertical
8.1 Introduction
8.2 Commercial
8.3 Government
8.4 Residential

9 America's Access Control Reader Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas

10 Europe's Access Control Reader Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe

11 Middle East and Africa's Access Control Reader Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA

12 APAC's Access Control Reader Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific

13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements

14 Company Profiles
14.1 ASSA ABLOY
14.2 Dormakaba Holding
14.3 Allegion
14.4 Identiv
14.5 IDEMIA
14.6 Nedap
14.7 Suprema
14.8 Gemalto NV (Thales Group)
14.9 NAPCO Security Technologies
14.10 Avigilon (Motorola Solutions)
14.11 Peter Hengstler GmbH+Co
14.12 Paxton Access
14.13 Castles Technology
14.14 DUALi
14.15 AMAG Technology
14.16 AXIS Communications
14.17 PAX Technology
14.18 Advanced Card Systems
14.19 Gallagher Group
14.20 Brivo
14.21 Salto Systems
14.22 Vanderbilt Industries
14.23 Watchdata
14.24 Arabit Systems
14.25 Idteck Co
14.26 Union Community Co
14.27 Nortech Control Systems
14.28 Stanley Convergent Security Solutions

15 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/p65kiy

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