Here are some excerpts:
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. (source)
The ACaaS market ecosystem includes ACaaS providers picked from some of the Top 100 Access control 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.
Scope of the Report:
In this report, the ACaaS market has been segmented into the following categories in addition to the industry trends which have also been detailed below:
Market, by Service:
Market, by Deployment:
- Public Cloud
- Private Cloud
- Hybrid Cloud
Market, by End-Use Application:
- Manufacturing & Industrial
- Government Bodies
Market, by Geography:
- North America
- Rest of Europe
- Rest of APAC
- Rest of the World
- South America
- Middle East and Africa
Hosted services expected to lead the global ACaaS market between 2016 and 2022
The hosted services segment held a major share of the ACaaS market in 2015. As the hosted service is web-based, the clients need not to look after the maintenance of the server. This has been the key driving factor for the hosted service market. However, the managed services market is expected to grow at the highest rate during the forecast period.
The ACaaS market for manufacturing & industrial application expected to grow at the highest rate between 2016 and 2022
There would be a significant rise in ACaaS market for manufacturing and industrial application between 2016 and 2022; The growth of the is attributed to the growing demand for access control system for protecting employees and properties across the manufacturing and industrial sites such as oil and gas, chemicals, pharmaceuticals, metal and mining, power, automotive, water treatment, cement, and textile industries.
The ACaaS market in the North America expected to capture the largest market share during the forecast period
The ACaaS market in the North American region is expected to hold the largest market share between 2016 and 2022. The stabilized constructions in North America and convergence of mechanical and electronic security products for the same has been the key driving factor for the North American market. The European market is expected to capture the second-largest share during the forecast period. The commercial, government bodies, and manufacturing and industrial applications expected to be the leading segments in the European ACaaS market.
Currently, the ACaaS market is dominated by the players such as Brivo Inc. (U.S.), Cloudastructure Inc. (U.S.), Tyco Security Products (Ireland), Assa Abloy AB (Sweden), and Dorma + Kaba Holding AG (Switzerland), among many others.