The management of access to resources is assuming increased importance in every establishment today. The administration of access to resources means controlling both physical and logical access.
Albany, NY -- (SBWIRE) -- 09/18/2015 -- An access control system protects both tangible and intellectual assets from theft or compromise. At the same time, it enables enterprises and organizations to limit access to data, networks and workstations to those authorized to have such access.
An access control system is composed of three major elements inclusive of a card or a token, a door reader to restrict entry of unauthorized object or individual, which is genuinely an indicator of a valid and authorized entry thus controlling the access. The door or a gate is unlocked only when the entry is authorized after verification.
Behind such mechanism lies a complex network of data, computers and software that incorporates robust security functionally. The electronic and mechanical locks are an important part of access control system. Mechanical locks generally find their application in residential sector whereas the electronic locks are more common in commercial sector.
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The growth of the global access control market is driven by the increasing wealth of the emerging economies, rising construction expenditure worldwide, constant rise in the crime rates and rising global gross domestic product of the countries. However, the growth of the market is impacted by certain challenges including vulnerability of attacks through access cards and duplication of locks. The key trends of the access control market shows a technological shift from mechanical to electromechanical locks, innovation in the technology and emergence of smartphone technology in the access control system.
Table of Contents:-
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Increased Construction Spending Worldwide
4.1.2 Growth in Wealth of Emerging Economies
4.1.3 Rising Global Urban Population
4.1.4 Rising Global Crime Rates
4.1.5 Rising Global GDP
4.2 Key Trends and Developments
4.2.1 Substitution of Mechanical Locks by Electromechanical Locks
4.2.2 Smartphone Technology to Change Access Control Market
4.2.3 Technological Advancements in Access Control
4.3 Challenges
4.3.1 Vulnerability of Access Cards to Sophisticated Attacks
4.3.2 Duplication of Locks
5. Competitive Landscape
Access Control Market
Manual Access Control Market
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6. Company Profiles
6.1. Assa Abloy AB
6.1.1 Business Overview
6.1.2 Financial Overview
6.1.3 Business Strategies
6.2. Allegion Plc.
6.2.1 Business Overview
6.2.2 Financial Overview
6.2.3 Business Strategies
6.3. Kaba Holding AG
6.3.1 Business Overview
6.3.2 Financial Overview
5.3.3 Business Strategies
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