Global access control and authentication market to reach a market size of US$ 49,890.3 Mn by 2020
The global access control and authentication market (electronic access control (EAC), automatic number plate recognition (ANPR), and document readers) was valued at US$ 18,723.6 Mn in 2013 and is projected to grow at a CAGR of 15.3% during the forecast period (2014 – 2020) to reach a market size of US$ 49,890.3 Mn by 2020, the latest report from Research and Markets has been able to reveal.
The "Access Control and Authentication Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020" report found that, in 2014, EAC systems occupied a major share of the access control and authentication market. This was due to the large demand for access control and authentication systems from various end-use sectors to enhance security.
Furthermore, EAC systems are relatively mature technologies compared to ANPR and document readers. Rise in the number of road accidents due to breach of traffic laws is a common phenomenon observed across the globe.
Access Control UK employs a variety of access control technologies, including here RFID, to create advanced solutions, enable users to exert solid, reliable and accurate control over the access to specific premises or zones.
If you’d like to find out more about the range of solutions supplied by Access Control UK, both in terms of hardware (smart card readers, biometric readers, turnstiles, etc.) and software (access rights management software solutions, etc.), just contact us, we’ll be more than happy to answer any queries you might have.