The Access Control As A Service by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Access Control As A Service, The access control as a service market size has grown rapidly in recent years. It will grow from $1.22 billion in 2023 to $1.39 billion in 2024 at a compound annual growth rate (CAGR) of 14.3%. The growth in the historic period can be attributed to user-centric approaches, interoperability and open standards, cybersecurity enhancements, subscription-based models, remote management needs..
The access control as a service market size is expected to see rapid growth in the next few years. It will grow to $2.39 billion in 2028 at a compound annual growth rate (CAGR) of 14.6%. The growth in the forecast period can be attributed to interoperability and standardization, enhanced mobile access solutions, shift towards subscription-based models, rise in cybersecurity concerns, increased demand for remote access solutions.. Major trends in the forecast period include cloud-based solutions, integration with iot and ai, mobile-based access, demand for remote management, shift to subscription models..
Rising concerns regarding security are expected to propel the growth of access control as a service market going forward. Security concerns refer to any computer, or network information-based activity that poses a security risk and has the potential to undermine the integrity or privacy of the electronic control units’ network, computers connected to the network, and data. A security concern can also result in threats, misrepresentations of identity, or harassment of or by individuals using these resources. Access control is a crucial component of data security, which determines who is permitted to access and utilize corporate resources and information. Through authentication and permission, access control rules give users the right to access company data and who they say they are. For instance, in January 2023, according to the new data provided by Checkpoint, an Israel-based provider of software and hardware products for IT security global cyberattacks increased by 38% in 2022, compared to 2021. Furthermore, according to ESET Threat Report T2 2021, researchers found a 7.3% increase in email-based attacks between May and August 2021, the majority of which were part of phishing campaigns, a scam created by cybercriminals to steal financial resources. Therefore, rising concerns regarding security are driving the demand for access control as a service market.
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The access control as a service market covered in this report is segmented –
1) By Services: Managed Services, Hosted Service, Hybrid Service, Other Services
2) By Deployment: Public Cloud, Private Cloud, Hybrid Cloud
3) By End-Users: Pharmaceuticals And Healthcare, Government, Education, Health Care, Retail, Transportation, Other End-Users
Technological advancements are a key trend gaining popularity in the access control as a service market. Major companies operating in the access control as a service market are focused on developing innovative technologies to strengthen their position in the market. For instance, in December 2022, PlainID, a US-based provider of authorization and policy-based access control, launched its PlainID Technology Network. Developed with PlainID partners, the Network delivers PlainID’s cutting-edge technology worldwide to help organizations securely transform authorization and access control. The goal of the PlainID Technology Network is to maximize integration with mission-critical adjacent technologies to allow identity-aware security across all business technology stack segments.
The access control as a service market report table of contents includes:
1. Executive Summary
2. Access Control As A Service Market Characteristics
3. Access Control As A Service Market Trends And Strategies
4. Access Control As A Service Market – Macro Economic Scenario
5. Global Access Control As A Service Market Size and Growth
…….
31. Global Access Control As A Service Market Competitive Benchmarking
32. Global Access Control As A Service Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Access Control As A Service Market
34. Access Control As A Service Market Future Outlook and Potential Analysis
35. Appendix
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