Access
control systems are a security feature or a technique that regulates or
controls the communication between users and systems. Access Control
Systems restricts the entry of unauthorized individuals into restricted
areas to protect people and assets. Access control systems are physical and
logical. Physical access controls regulate access to locations or assets, such
as campuses, buildings, rooms, and physical IT assets. Logical access uses
software solutions and management systems to regulate connections to computer
networks, system files, and data.
CATEGORIZATION OF ACCESS
CONTROL SOLUTION VENDORS ON 360QUADRANTS
360Quadrants
evaluated over 40 companies offering Access
Control Systems of which, the top 25 companies were placed
and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic
Differentiators, and Emerging Leaders.
Assa
Abloy AB, Johnson Controls, Identiv, Dormakaba Holding, Suprema HQ,
Honeywell Security, Allegion, Nedap NV, Idemia, NEC Corporation, and Salto
Systems have been identified as visionary leaders as they have established
product portfolios and a robust market presence and business strategy.
Johnson
Controls International Plc (Ireland) offers a wide range of fire & security products and
installation &maintenance services. The company generates the majority of
its revenue from installations &maintenance services and offers premium
access control, video, and location-based tracking to customers in more than
150 countries. Its commitment towards quality and consistent improvement in
products makes it one of the leading providers of security solutions. The
company focuses on maintaining a multi-segment business platform to enhance the
predictability and sustainability of its earnings and growth.
The
access control systems market was valued at USD 6.94 billion in 2017 and is
likely to reach USD 12.12 billion by 2024, at a CAGR of 8.24% from 2018 to
2024. access control systems find applications in various verticals, such
as commercial, residential, healthcare, manufacturing and industrial,
government, military and defense, education, and transportation. Infrastructure
development in these verticals would boost the demand for advanced biometric
solutions and smart locks.
Factors
such as the adoption of access control as a service (ACaaS); implementation of
mobile-based access control; and increasing urbanization in emerging countries
are expected to provide huge growth opportunities to players in the access
control market. Mobile-based access control makes the identity management
process easier by integrating multilayered physical access control (PAC) and IT
security into one system. Smartphones can be used as secure credentials for
accessing buildings, doors, IT systems. Emerging nations are witnessing rapid
urbanization with the development of smart cities. In emerging nations, the concentration
of industrial development in cities leads to a growing demand for
infrastructure. This infrastructure development would boost the demand for
advanced biometric solutions and smart locks.
Top
Companies in Access Control Solution will be rated using the
following methodology -
- A highly experienced
team of researchers and senior analysts conducts extensive research
to generate a list of vendors (competitors).
- A patent-pending
algorithm is used to collect inputs from key stakeholders—industry
experts, buyers, vendors, and 360Quadrants analysts—based on criteria
for Product Maturity and Company Maturity.
- Criteria
under Product Maturity include breadth and depth of
product/service offering, product features and functionalities,
product differentiation, and their impact on customer value.
- Criteria
under Company Maturity include geographical footprint,
partner ecosystem, financial stability, and client
coverage, or sector footprint.
- Approximately 20+
in-depth parameters will be considered for research for
the Access Control Solution market. These parameters will be
updated every six months to ensure the latest
developments are taken into consideration.
- A weight is assigned to
each stakeholder based on information gathered pertaining to the above
criteria as well as inputs from stakeholders. These inputs follow the
order of priority given below:
- Buyers
- Industry Experts
- 360Quadrants Analysts
- Vendors (Competitors)
- The inputs are
analyzed, and a final rating is assigned to each vendor (competitor).
- After the finalization
of ratings, each vendor is placed in the most relevant quadrant based
on its score.
About
360Quadrants
360Quadrants is
the largest marketplace looking to disrupt US $6.3 trillion of technology
spends and is the only rating platform for vendors in the technology space. The
platform provides users access to unbiased information that helps them make
qualified business decisions. The platform facilitates deeper insight
using direct engagement with 650+ industry experts and analysts and allows
buyers to discuss their requirements with 7500 vendors. Companies get to
win ideal new customers, customize their quadrants, decide key parameters, and
position themselves strategically in a niche space, to be consumed by giants
and startups alike. Experts get to grow their brand and increase their thought
leadership. The platform targets the building of a social network that links industry
experts with companies worldwide. The platform has around 400 total buyers
across various markets.
360Quadrants
will also be launching quadrants in fields like Access Control Software, Cloud
Computing Software, and Machine Vision Solutions.
Media
Contact
Company Name: Marketsandmarkets pvt ltd
Contact Person: Mr. Agney Sugla
630 Dundee Road, Suite 430
Northbrook, IL 60062
Phone: +1-888-600-6441
Country: United States
Website: https://www.360quadrants.com/