Access Control Market Size, Share & Trends Analysis Report By Offering (Hardware, Software, Services), By Type, By End-use (Business & Enterprise Environments, Financial Institutions, Hospitality & Entertainment), By Region, And Segment Forecasts, 2024 - 2030

Access Control Market Size & Trends

The global access control market size was valued at USD 10.04 billion in 2023 and is expected to grow at a CAGR of 8.2% from 2024 to 2030. Numerous factors such as growth in urbanization and smart city projects, increasing security concerns, adoption of IoT and cloud-based solutions, and shift to biometric and multi-factor authentication are driving the growth of the access control market. Moreover, compliance requirements are a key factor pushing organizations to adopt modern access control systems. Governments and industry regulations mandate strict access control protocols for securing sensitive information and facilities, in various industries such as healthcare, finance, and government sectors. Thus, driving the growth of the market.

Organizations are increasingly moving towards biometric authentication such as fingerprint, facial recognition, iris scanning and multi-factor authentication (MFA) to strengthen security and reduce the risks associated with traditional access methods such as, passwords or keycards. Moreover, the integration of IoT technology and cloud computing in access control systems allows for real-time monitoring, remote management, and scalability, driving market growth as businesses seek more flexible and secure access solutions.

Rising incidents of data breaches, theft, and unauthorized access to physical and digital spaces are pushing organizations and governments to adopt advanced access control solutions for enhanced security. Moreover, the expansion of commercial, industrial, and residential construction globally is fueling the demand for access control systems to secure facilities. This is particularly strong in developing regions with increasing urbanization and construction activities.Modern access control systems are increasingly integrated with video surveillance, intrusion detection, and fire alarm systems, providing organizations with a more comprehensive and layered approach to security.

Offering Insights

The hardware segment led the market in 2023, accounting for over 45.0% share of the global revenue. Several factors, such as technological advancements, security demands, and regulatory requirements, drive the hardware segment of the access control market. Moreover, biometric authentication technologies, such as fingerprint scanners, facial recognition, and iris scanning, are increasingly being used due to their accuracy and enhanced security. These systems are being adopted across various sectors, such as government, healthcare, and financial institutions, driving the demand for biometric hardware devices.

The software segment is anticipated to exhibit a significant CAGR over the forecast period. The increasing adoption of cloud-based access control systems, which offer scalability, remote management, and lower upfront costs, is driving the growth of the software segment. Moreover, advanced software integrated with numerous technologies, such as artificial intelligence (AI), machine learning, and big data analytics, is becoming essential for managing and optimizing access control systems. These tools help with real-time threat detection, predictive security, and automated access management. Thus, the software segment is expected to have the highest CAGR in the forecasted period.

Type Insights

The Role-Based Access Control (RBAC) segment accounted for the largest market revenue share in 2023. RBAC is widely adopted across various industries, including commercial, healthcare, education, and government, due to its simplicity and scalability. It allows organizations to assign access rights based on predefined roles, streamlining access management for large workforces. RBAC is easier to implement and manage compared to other segments, as access rights are associated with roles of administrator and user rather than individuals, making it highly efficient in environments with frequent role changes or new hires. RBAC is often a key component of compliance frameworks, making it a preferred choice for organizations in industries that require stringent access control and auditing.

The Mandatory Access Control (MAC) segment is anticipated to exhibit the highest CAGR over the forecast period. Various industries, such as government, military, and critical infrastructure, have stringent regulatory requirements for data protection and access control, driving the demand for MAC systems. Moreover, growing awareness about the benefits of MAC and its role in enhancing security helps drive its adoption across industries with high-security needs. Furthermore, high-security data centers require MAC to ensure controlled access to sensitive data and infrastructure.

End-use Insights

The business & enterprise environments segment accounted for the largest market revenue share in 2023. Business and enterprise environments encompass a broad range of organizations and industries that require access control solutions for managing employee access, securing sensitive areas, and protecting company data. Moreover, businesses and enterprises often require scalable access control systems to accommodate large numbers of users and various types of access permissions. Continuous investments in upgrading security infrastructure and adopting new technologies contribute to the growth of the access control market within business and enterprise environments, driving significant demand for access control solutions.

The healthcare and life sciences segment are anticipated to exhibit the highest CAGR over the forecast period. The rise in cyberattacks targeting healthcare data emphasizes the need for advanced access control systems to safeguard electronic health records and other sensitive data from unauthorized access. Moreover, the expansion of healthcare facilities, including hospitals, clinics, research labs, and long-term care facilities, drives demand for scalable and comprehensive access control systems. Thus, the growth of the healthcare & life sciences segment in the global access control market is driven by stringent regulatory requirements, increasing cybersecurity threats, facility expansion, the need for patient safety, technological advancements, and a focus on operational efficiency.

Regional Insights

North America dominated with a revenue share of over 38.0% in 2023. Increasing concerns over workplace violence, school shootings, and general crime in public and private spaces are driving demand for access control solutions to enhance safety in this region. Moreover, AI and machine learning are being incorporated into access control systems to enhance security, with capabilities such as real-time threat detection, predictive analytics, and automated decision-making.

U.S. Access Control Market Trends

The U.S. access control market is anticipated to exhibit a significant CAGR over the forecast period. With the rise of remote work and hybrid working environments in the U.S., companies are increasingly adopting cloud-based access control systems that enable secure, remote management of facilities and systems. This trend is expected to continue driving demand for flexible access control solutions. Moreover, continuous growth in commercial real estate, industrial facilities, and critical infrastructure projects in the U.S. requires robust access control systems for security and management, further contributing to market growth.

Europe Access Control Market Trends

The access control market in the Europe region is expected to witness significant growth over the forecast period. Europe's strict data protection and privacy regulations, such as General Data Protection Regulation (GDPR), are driving businesses to adopt compliant access control systems that can ensure secure management of personal data. Additionally, numerous industries such as finance, healthcare, and defense face sector-specific regulations that require robust access control protocols. Moreover, rising concerns about terrorism, crime, and workplace violence, there is heightened demand for access control solutions across Europe.

Asia Pacific Access Control Market Trends

The access control market in the Asia Pacific region is anticipated to register the highest CAGR over the forecast period. The Asia-Pacific region is witnessing extensive urbanization, leading to the development of smart cities and modern infrastructure projects. Governments and private sectors are investing heavily in access control systems to enhance security in new commercial buildings, residential complexes, transportation hubs, and public spaces. Furthermore, rapid industrialization in developing countries such as, China, India, and Southeast Asian nations is fueling the need for access control systems.

Key Access Control Company Insights

Key access control companies include Allegion, ASSA ABLOY, and Axis Communications AB. Companies active in the access control market are focusing aggressively on expanding their customer base and gaining a competitive edge over their rivals. Hence, they pursue various strategic initiatives, including partnerships, mergers & acquisitions, collaborations, and new product/ technology development. For instance, in June 2024, Centrios, a subsidiary of ASSA ABLOY, launched the new Centrios platform, eases access control for SMEs. The company announced its first shipment of hardware products to SECLOCK, the distributor of electrical and mechanical door hardware.

Recent Developments

• In June 2024, Control iD, access control system provider, partnered with Paravision, AI software provider, and launched its new product, the iDFace Max using facial identification technology. Key features of iDFace Max include advanced facial identification, robust design and connectivity, and embedded web software.

• In June 2024, Carrier Global Corporation, intelligent climate and energy solutions provider, announced the sale of its security division, Global Access Solutions, to Honeywell International Inc. It has been finalized with the transaction valued at USD 4.95 billion in enterprise value

• In February 2024, Hangzhou Hikvision Digital Technology Co., Ltd., video surveillance equipment manufacturer, launched the 2nd generation professional access control, enhancing access management capabilities. The 2nd generation professional access control has various key features such as easy web management, flexible authentication options, and professional access applications.

Access Control Market Report Scope

Global Access Control Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global access control market report based on the offering, type, end use, and region.

• Offering Outlook (Revenue, USD Million, 2017 - 2030)

  • Hardware

  • Software

  • Services

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • Discretionary access control (DAC)

  • Mandatory Access Control (MAC)

  • Role-Based Access Control (RBAC)

• End-use Outlook (Revenue, USD Million, 2017 - 2030)

  • Business & Enterprise Environments

  • Financial Institutions

  • Hospitality & Entertainment

  • Retail & Customer-Facing

  • Government & Public Services

  • Residential

  • Education & Research

  • Healthcare & Life Sciences

  • Energy & Utility Infrastructure

  • Transportation & Logistics

  • Others

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

  • MEA

    • UAE

    • South Africa

    • KSA