The growth of e-commerce, surging free trade agreements, and the establishment of Special Economic Zones (SEZs) in several countries such as Saudi Arabia, India, etc., have enhanced the demand for warehousing facilities across the globe.
According to MarkNtel Advisors study, The Global Access Control as a Service (ACaaS) Market size is valued at around USD 1.2 billion in 2024 and is estimated to grow at a CAGR of around 16.8% during the forecast period, i.e., 2024-30.
Data centers are expanding worldwide due to the increasing reliance on digital technologies and the exponential growth of data-driven services. The surge in cloud computing, big data analytics, IoT devices, and the need for high-speed, low-latency connectivity has further enhanced this expansion. Additionally, the amplification of sectors such as technology, financial services, healthcare, telecommunications, etc., in regions such as the Middle East and Asia-Pacific has led to huge requirements for data-intensive applications, digital services, and secure data storage solutions.
ACaaS providers have capitalized on this demand by offering scalable, secure, and compliant access control solutions that cater to the evolving needs of businesses in the digital age, contributing to the growth of the Global ACaaS market. Furthermore, Fortune 500 companies are increasing their focus on Artificial Intelligence (AI). This would amplify the demand for data centers due to their critical role in providing the infrastructure necessary for AI development, deployment, and management, thereby enhancing the demand for ACaaS.
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Key Findings in Access Control as a Service (ACaaS) Market:
| Historical Years | 2019-2022 |
| Base Years | 2023 |
| Forecast Years | 2024-2030 |
| Key Report Highlights | · Market Dimensions & Projections· Pricing Evaluation,· Recent Strategic Moves by Companies,· Primary Stakeholders,· Analysis of Import and Export Trends,· Competitive Landscape Assessment,· Emerging Opportunities,· Market Trends and Indicators |
| Reports Delivery Format | Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address. |
Access Control as a Service (ACaaS) Market Key Players:
Johnson Controls, Honeywell International Inc.,, Thales, Brivo, Kisi Inc., Genetic,, SALTO Systems S,L., Acre Security, Kastle Systems , Nedap N.V., Dormakaba Group, Integrated Protection Services,, Other
Market Segmentation Overview:
By Deployment
-Public Cloud
-Private Cloud
-Hybrid Cloud
By Service Type
-Hosted Services
-Managed Services
-Hybrid Services
By End User
-Government
-Healthcare
-Transportation Hubs
-Retail
-Tourism & Hospitality
-Manufacturing
-BFSI
-Corporate Offices
-Others (Educational Institutions, Data Centers, etc.)
Of them all, the tourism and hospitality industry showcased noteworthy adoption of AcaaS. The tourism sector across, regions such as the Middle East, Asia Pacific, etc., has experienced rapid growth, due to advancements in travel and digitalization. As per the World Economic Forum, there was an increase of 182% in international tourism in the first three months of 2022 compared to the previous year. With the rise in global tourism, hotels, resorts, and hospitality establishments have faced heightened security requirements, owing to which they have significantly adopted AcaaS.
Furthermore, countries such as Japan, India, China, France, Saudi Arabia, Thailand, etc., are planning to increase tourist footfalls, and as a result, new hostel construction is surging across the globe. With the construction of new hotels and hostels, there would be a growing need for robust security solutions, which would enhance the market share of Tourism & Hospitality sector in the Global Access Control as a Service (ACaaS) Market in coming years.
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By Region
North America
South America
Europe
The Middle East & Africa
Asia-Pacific
The Access Control as a Service (ACaaS) Industry Recent Development:
In 2022 Thales acquired OneWelcome, a Customer Identity and Access Management firm. This acquisition is a new step in Thales’ strategy to further strengthen its leading position as a global cybersecurity player and a leading provider of secure and trusted digital identities.
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