Global Access Control as a Service Market 2018-2022

This industry research report presents a detailed analysis of the access control as a service market by type including managed service and hosted service. The report also presents a detailed analysis of the market’s growth prospects across regions such as the Americas, APAC, and EMEA.

Overview of the global access control as a service market

Technavio’s market study identifies the growing awareness about sophisticated data security thefts to be one of the primary growth factors for the access control as a service market. Due to rapid technological advances, there are rising instances of threats to data security and privacy. Data breaches are consequent in system downtime, resulting in increased costs for legal suits and cyber insurance claims. Several organizations are ill-equipped with the technical and infrastructural expertise to handle the increasingly complex nature of cyber threats, driving the need for cyber risk management capabilities of ACaaS. The growing demand for superior risk management across various industries will drive the growth of the ACaaS market. Our market analysts estimate that the access control as a service market will grow steadily at a CAGR of close to 22% by 2022.

The growing focus on data security will drive the access control as a service market growth throughout the end of the forecast period. Due to the rapid technological advances and the growing complex threats, organizations are focusing extensively on improving their data security. This is driving the extensive adoption of ACaaS that aid in effective management of data security and risks in the organizations. The implementation of an efficient ACaaS reduces the control and visibility of the files shared across company.

Companies covered

The access control as a service market is moderately fragmented owing to the presence of numerous large and small vendors. The access control as a service market analysis report studies the competitiveness of the access control systems market due to the product offerings of the vendors along with the strategies they adopt to compete. Technavio’s analysts also provide insights about the key focus areas of the access control service providers to sustain profitably in the access control as a service market.   

This research report provides an analysis of the various companies in this market including:

• IBM
• Microsoft
• Oracle 
• Symantec

Segmentation by type and analysis of the access control as a service market

• Managed service
• Hosted service

According to the access control as a service industry analysis, the managed ACaaS solutions service segment will account for major shares of the access control systems market throughout the forecast period. In this setup, vendors actively handle the maintenance of the server and other infrastructure, with no interference by the buyer.

Geographical segmentation and analysis of the access control as a service market

• Americas
• APAC
• EMEA

The Americas will be the major revenue contributor to the access control systems market throughout the forecast period. This region witnesses steady growth due to the maturity, size, and growth of the industrial and private sectors. Also, this region is populated with key ACaaS service providers and numerous technologically advanced industries.

Key questions answered in the report include

• What will the access control as a service market size and growth rate be in 2022?
• What are the key factors driving the global access control as a service market?
• What are the key market trends impacting the growth of the global access control as a service market?
• What are the challenges to market growth?
• Who are the key vendors in the global access control as a service market?
• What are the market opportunities and threats faced by the vendors in the global access control as a service market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global access control as a service market?