Wireless Access Control Market
Wireless Access Control Market Global Industry Assessment & Forecast
#
Pages:
160
2021
Nov - 2021
VMR-2021-0811
Segments Covered
By
Product Hardware, Software, Services
-
By
Application Residential, Commercial, Institutional
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
8.6 Billion |
 Revenue 2028:
|
16.6 Billion |
 Revenue CAGR
(2021 - 2028): |
8.2 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
The report delivers an acute breakdown of the market based on various segments such as Product, Application, , and region. All the segments are studied considering historical and future trends across geographies. All the segments are analyzed based on trends, market size, and forecast, and the data is provided for the years 2016–2028. Several growth factors and opportunities impacting various segments have been incorporated in the report.
On the basis of Product, the market is divided into Hardware, Software, Services. Hardware held the largest share in 2020 and is projected to grow at a noteworthy CAGR within the forecast period.
Based on Application, the market is divided into Residential, Commercial, Institutional,. Industrial attributed to the highest market share and is expected to grow at a significant CAGR from 2021 to 2028.
Global Wireless Access Control Market: Product Segment Analysis
-
- Hardware
- Software
- Services
Global Wireless Access Control Market: Application Segment Analysis
-
- Residential
- Commercial
- Institutional
FAQ
Frequently Asked Question
What is the global demand for Wireless Access Control in terms of revenue?
-
The global Wireless Access Control valued at 8.6 Billion in 2020 and is expected to reach 16.6 Billion in 2028 growing at a CAGR of 8.2%.
Which are the prominent players in the market?
-
The prominent players in the market are Nedap N.V., Salto Systems S.L., dormakaba Holding AG, Johnson Controls International plc, Axis Communications, Suprema HQ Inc., NEC Corporation, Gemalto N.V., Lenel Systems International, IDEMIA..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 8.2% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Wireless Access Control include
- The increasing number of terrorist attacks and organized crimes globally has mandated the need for an efficient communication system, thus creating a positive scope for the market.
- Growing awareness regarding home security systems is emerging as a strong factor for the market growth.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Wireless Access Control in 2020.
