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Growth Opportunities in the Access Control Solutions Market, Global, 2023 2030

What strategies is your organization using to enhance cybersecurity measures in access control systems?

Access control systems have long been essential for securing organizations by managing who can enter and exit their premises, but these solutions have remained largely unchanged, relying on physical tokens like ID badges. The COVID-19 pandemic, however, sparked a rapid shift towards more advanced digital solutions as organizations moved to hybrid work models. This change has driven the adoption of biometric verification, remote monitoring, and integrated systems, allowing businesses to enhance security and streamline operations. The space, once dominated by a few vendors, is now seeing increased innovation, offering customers more choices and advanced capabilities to meet evolving security needs.

Industry-Wise Growth Projections

Law Enforcement: Law enforcement customers are expected to modernize their access control systems at a CAGR of 7.9% by 2030, enabling biometric and mobile credentials.

Airports: Airports are forecasted to experience the highest spending CAGR of 13% by 2030, driven by upgrades to more mobile and biometric access control systems.

Enterprise: The enterprise sector, including commercial real estate and hybrid work offices, will have one of the highest spending shares, with a CAGR of 8.1% through 2030, focusing on mobile credentials and multi-site controls.

Retail: access control in the retail sector will experience a 7.9% CAGR by 2030, with investments in hybrid or cloud-based access control systems that provide mobile and biometric credentials for employees and contractors.

Source: Frost & Sullivan

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Strategic Imperatives Impacting the Access Control Solutions Domain

Competitive Intensity

Prioritizing seamless integration of access control systems with broader security ecosystems, enhancing data accessibility and remote capabilities to meet evolving industry demands and address customer constraints

Disruptive Technologies

Leveraging artificial intelligence (AI)-driven biometric technologies and developing intuitive access control systems to enhance security, streamline user management, and mitigate growing cyber threats effectively.

Industry Convergence

Integrating physical and cybersecurity solutions within access control systems to ensure seamless data sharing and protect against emerging threats while accommodating budget-conscious clients.

What strategies is your organization using to enhance cybersecurity measures in access control systems?

Download now to learn how access control solutions are evolving with digital innovations, offering enhanced security, remote monitoring, and seamless integration for modern hybrid work environments.

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