Access Control Market Estimated to Reach $25.93 Billion, Growing at 14.7% CAGR by 2029

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How Is the Access Control Market Size Expected to Evolve From 2025 to 2029?
The access control market size has grown strongly in recent years. It will grow from $13.69 billion in 2024 to $14.96 billion in 2025 at a compound annual growth rate (CAGR) of 9.3%. The growth in the historic period can be attributed to the increased use of mobile access control systems and government investments to prevent the increasing number of cyber-attacks.

The access control market size is expected to see rapid growth in the next few years. It will grow to $25.93 billion in 2029 at a compound annual growth rate (CAGR) of 14.7%. The growth in the forecast period can be attributed to increasing smart homes, increasing adoption of access control by the hospitality sector, and rise in data security breaches. Major trends in the forecast period include focus on launching cloud-based access control systems for their market growth, introducing mobile-based access control solutions to sustain their position in the market, consider working with hotel partners to bring guest keys to digital wallets for easier access and to provide AI facial recognition, focus on launching biometric access control systems to improve their product offerings and focus on launching innovative products in the access control market to strengthen their product portfolio.

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Access Control Market Report 2025

Which Primary Drivers Are Expected to Shape the Future of the Access Control Market?
The access control market is expected to be supported by rapid growth in smart homes in the forecast period. A smart home is a residence that uses Internet-connected devices to enable the remote monitoring and management of appliances and systems. Access control provides both home security and home automation. Increasing smart homes is driving the need for connected access control systems for homes that can be accessed remotely. For instance, according to CITyFiED, a Spain-based project funded by the European Union’s Seventh Program, the number of smart homes in Europe is expected to reach 84 million by 2022, with Germany, the UK, and France pushing the market forward. For instance, the smart home penetration rate in the UK is expected to reach 63% by 2025. Therefore, increasing smart homes is expected to act as a driver for the access control market.

How Is the Access Control Market Categorized Based on Key Segments?
The access controlmarket covered in this report is segmented –

1) By Type: Card Based, Biometric Based
2) By Vertical: Commercial, Military And Défense, Government, Residential, Education, Healthcare And Others, Manufacturing And Industrial, Transportation, Hospitality
3) By Deployment Model: Cloud, On-Premises

Subsegments:
1) By Card-Based: Magnetic Stripe Cards, Proximity Cards, Smart Cards, RFID Cards
2) By Biometric-Based: Fingerprint Recognition, Facial Recognition, Iris Recognition, Voice Recognition, Hand Geometry Recognition

Which Major Trends Are Expected to Define the Access Control Market Through 2029?
Major companies operating in the access control market are focussing on technological advancement such as smart access control solutions to enhance security, streamline user management, and integrate seamlessly with other security systems. Smart access control solutions utilize advanced technologies to enhance security and streamline access management. For instance, in January 2024, Janam Technologies, a U.S.-based company specializing in rugged mobile computers and contactless access solutions launched the GTX mobile entry pedestal. GTX mobile entry pedestal is a smart access control solution designed to provide a versatile and cost-effective means for venues to manage entry with advanced barcode scanning. Key features include a lightweight design, improved battery management, and support for mobile ticketing through platforms.

Who Are the Established and Emerging Companies Competing in the Access Control Market?
Major companies operating in the access control market include Honeywell International Inc, Robert Bosch GmbH, Assa Abloy AB, Johnson Controls International Inc, Thales Group, Allegion PLC, Hanwha Techwin Co. Ltd, Schneider Electric SE, NEC Corporation, IDEMIA, Matrix comsec, SecurAX Tech Solutions Pvt Ltd, AMAG Technology Inc, CloudWalk Technology Co Ltd, Shenzhen IntelliFusion Technology Co Ltd, NetPosa Technologies Ltd, Hid Global, Gallagher Security (Europe) Ltd, Vanderbilt Industries, Dahua Technology Ltd, British Security Industry Association (BSIA), Fermax Electronica SAU, Delta Scientific Corporation, Userful Corporation, Anviz Global Inc, Vicon Industries, Hikvision, Cloudkeyz, ButterflyMX, Security Enhancement Systems, Openpath, Genea, Sequr Inc, Acura, Agility Technologies Corp (ATC), Wolpac, Absolute Integrated Electronic Solutions, Adax, Aflak Electronics Industries Co, Al Aqili Future Technologies, AI Kawther General Trading, Al Nahr Company for Security Solutions, AL Smari Trading, Ametrad Technology Services Co, Biosec Solutions, BIO-key, BioRugged (Pty) Ltd

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Access Control Market Report 2025

Which Region Is Expected to Dominate the Access Control Market During the Forecast Period?
Asia-Pacific was the largest region in the access control market in 2024 and it is also expected to be the fastest-growing region in the forecast period. The regions covered in the access control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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