Shashie Pawar

3 months ago · 1 min. reading time · visibility ~10 ·

chat Contact the author

thumb_up Relevant message Comment

Access Control Market Market is Booming Worldwide 2023

Market Research Future (MRFR)’s recent study indicates that the global access control market is expected to scale a valuation of USD 12.53 Bn by the end of 2023. The report suggests that the global market is poised to thrive at 9% CAGR during the forecast period 2018 to 2023. Access control is being deployed extensively in both commercial and residential projects for countering threats such as illegal perimeter intrusion, cyber-attacks, etc. The growth in IoT, sensors technology and wireless technology are expected to have a favorable impact on the expansion of the global access control market over the next couple of years. In addition, industry leaders are poised to increase investments for product development and innovation. It is anticipated to boost the growth trajectory of the market in the foreseeable future. Most of the organizations have mandated more than one access control systems for assuring cent percent safety. An upsurge in the deployment of the technology is expected over the next few years. This, in turn, is likely to accelerate revenue creation for participants of the access control market.

5’
ie 4
oo h 2 /
thumb_up Relevant message Comment
Comments

More articles from Shashie Pawar

View blog
2 months ago · 1 min. reading time
Shashie Pawar S

Smart Connected Devices Market Poised to Expand at a Robust Pace Over 2023

The global smart connected devices market is proje ...

2 months ago · 1 min. reading time
Shashie Pawar S

Human Machine Interface Market Trends & Forecast of Top Countries 2023

The global human machine interface market is predi ...

2 months ago · 1 min. reading time
Shashie Pawar S

Substation Automation Market Outlook & Forecast of Top Countries 2023

The global substation automation market is growing ...