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Access Control as a Service Market Global Industry Trends, Share, Size and 2022 Forecasts Report
Access Control as a Service Market report provides key statistics on the market status of the Access Control as a Service manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
The Access Control as a Service (ACaaS) Market is expected to reach USD 1,678.3 Million by 2022, at a CAGR of 26.82% during the forecast period. The objectives of the report includes forecast of the ACaaS market by service, deployment, end-use application, and geography. Further, it includes the detailed information regarding the drivers of the ACaaS market such as the increased demand for ACaaS from businesses with multiple locations to centralize their operations and security risks raised in the IT industry by bring your device policy. It also includes detailed information about the restraints, opportunities, and challenges in the ACaaS market. The study of the value chain and analysis of the impact of Porter’s five forces on the market is also one of the objectives of the report which includes the study of the impact of the Porter’s five forces, namely, threat of substitutes, intensity of competitive rivalry, threat of new entrants, bargaining power of buyers, and bargaining power of suppliers on the ACaaS market.
The major players of the ACaaS ecosystem were identified across regions, and their offerings, distribution channels, and regional presence is understood through in-depth discussions. Also, average revenue generated by these companies, segmented on the basis of region, is used to arrive at the overall ACaaS market size. This overall market size is used in the top-down procedure to estimate the sizes of other individual markets through percentage splits from secondary sources directories, databases such as Hoovers, Bloomberg Businessweek, Factiva, OneSource, and primary research. The entire procedure includes the study of the annual and financial reports of the top market players and extensive interview with industry experts such as CEOs, VPs, directors, and marketing executives for key insights.
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The ACaaS market ecosystem includes ACaaS providers such as Brivo Inc. (U.S.), Cloudastructure Inc. (U.S.), Tyco Security Products (Ireland), Assa Abloy AB (Sweden), and Dorma + Kaba Holding AG (Switzerland), Honeywell Security (U.S.), Microsoft Corporation (U.S.), Cisco Systems Inc. (U.S.), Datawatch Systems Inc. (U.S.), Centrify Corporation (U.S.), AIT Ltd. (U.K.), Gemalto N.V. (Netherlands), Vanderbilt Industries (U.S.), M3T Corporation (U.S.), ADS Security (U.S.), KISI Inc. (U.S.), and Feenics (Canada) among others, who offer ACaaS to end-user industries.
Key Target Audience:
- End users of Access Control as a Services such as residential, industrial, Government, Education, Public transportation, military and defense, and others
- Service providers of Access Control as a Service manufacturers
- Research organizations and consulting companies
- Associations, organizations, forums and alliances related to Access Control as a Services
- Government bodies such as regulating authorities and policy makers
- Access control systems hardware, software manufacturers
- OEMs – white label manufacturing for others in bulk volume
- Industry associations
- System Integrators
- Middleware providers
- Testing and calibration firms
- Government and other regulatory bodies
- Research institutes and organizations
- Market research and consulting firm
Among all the major end-use applications of ACaaS market, the commercial application has been driving the market. The increasing demand of access control systems for assuring security and reducing human efforts for the same at the commercial and corporate infrastructure has been the key driving factor for the ACaaS market for commercial application. However, the market for the manufacturing and industrial application is expected to grow at the highest rate during the forecast period.
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