Access Control and Authentication Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

Transparency Market

Research

Access Control and Authentication Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date

13-April-2015

268 Page Report

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Press Release

Global Access Control and Authentication Market Expected to Reach US$

49,890.3 Mn by 2020:Transparency Market Research

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Access Control and Authentication Market

REPORT DESCRIPTION

Access Control and Authentication Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2014 - 2020

According to a new market report published by Transparency Market Research Access Control and

Authentication - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”, the

global Access Control and Authentication market is expected to reach a value of US$ 49,890.3 Mn by 2020.

The market would grow at an estimated CAGR of 15.3% during the forecast period from 2014 to 2020.

Increasing safety and security concerns and government regulations are some key reasons driving the

growth of access control and authentication market, globally. Countries across the globe and international

regulatory bodies have planned and designed compliances and policies for security, which have led to the

increased investments on security by companies and organizations. In the coming years, increase in

security budgets for safeguarding critical infrastructure across countries is expected to continue driving

the demand for physical security systems. Moreover, revival of commercial projects across various fields

including residential, defense, and commercial sectors is expected to further boost the demand for such

solutions. An increasing trend in the access control and authentication market is towards the convergence

of physical and logical access control...