Report: Global access control market to reach over $1.8B in 2010

In a statement released Friday, market research firm IMS Research identified several trends expected to drive growth in the post-recession global access control market, which is forecast to top $1.8 billion in 2010.

According to market analyst Blake Kozak, Software-as-a-Service (SaaS), web-based access control and electronic cylinder locks will play a big part in the future of the access control market.

"Integration is an exhausted topic and one that has been thrown around for a number of years," he said in the statement. "While the idea of integrating logical and physical access control is finally a reality, most notably in the healthcare sector to protect patient records, the true trends gaining traction in the market are SaaS, web-based systems and electronic cylinders, all of which utilize the capability of an IP infrastructure."

IMS says that the market has seen an "influx" of SaaS and web-based access control technologies as access control manufacturers and service providers look to make to access control simpler to deploy and cheaper to own for small businesses.

"Web-based access control systems will continue to gain market acceptance, particularly in the Americas where there is a preference towards 'out-of-the-box' type solutions," Kozak said. "In the long-term vendors offering flexible and adaptable solutions are likely to gain major traction as the market recovers and customers turn their attention to ROI."

For more information about IMS research, visit www.imsresearch.com.


 

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