Access Control Systems market set to boom according to experts
With the ever growing need for security, the Access Control Systems market is set to see a dramatic growth in the next 5 years as companies look to install better security systems.
Need for better security systems to tackle fraudulence, illegal immigration, and criminal activities have propelled governments to invest in Electronic Access Control systems. According to Study of Terrorism and Responses to Terrorism (START), one of the world's top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high-end security. Electronic Access Control systems offer certain advantages such as high accuracy, convenience, and time efficiency over other security products, which increase its attractiveness in the global security market.
Governments and private sector across the globe are investing in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes are further expected to increase demand for Electronic Access Control systems market in order to attain better security levels.
The report covers in-depth Electronic Access Control systems market analysis, by process segment (authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system)) and end-user segment (government, commercial, industrial and residential) for the period from 2009 to 2019.
The report shows the Global market forecast, market size, growth and industry analysis, all pointing the rapid growth in the industry as the need for intelligent security systems increases.