Electronic Access Control Systems (EACS) Global Market to Reach $34.1 Billion by 2030: Growing Popularity of Smarts Cards in Providing Enhanced Protection Drives Healthy Demand for Card-Based EACS

Dublin, March 20, 2023 (GLOBE NEWSWIRE) -- The "Electronic Access Control Systems (EACS): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Electronic Access Control Systems (EACS) estimated at US$10.1 Billion in the year 2022, is projected to reach a revised size of US$34.1 Billion by 2030, growing at a CAGR of 16.4% over the analysis period 2022-2030.

Authentication Systems, one of the segments analyzed in the report, is projected to record 19.1% CAGR and reach US$21.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Intruder Alarm Systems segment is readjusted to a revised 12.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $2.8 Billion, While China is Forecast to Grow at 27.4% CAGR

The Electronic Access Control Systems (EACS) market in the U.S. is estimated at US$2.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$11.8 Billion by the year 2030 trailing a CAGR of 27.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.9% and 13.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 10% CAGR.

Select Competitors (Total 256 Featured) -

  • Allegion Plc
  • Axis Communications AB
  • BIO-key
  • Bosch Security Systems
  • dormakaba Holding AG
  • Gemalto N.V.
  • Gunnebo AB
  • Honeywell International, Inc.
  • Identiv Inc.
  • Johnson Controls International Plc
  • Kisi Inc.
  • NEC Corporation of America
  • Nortek Security and Control LLC
  • Oberthur Technologies SA
  • SecuGen Corporation
  • Sony Corporation
  • STANLEY Security
  • UTC Climate
  • Vanderbilt Industries

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages302
Forecast Period2020 - 2027
Estimated Market Value (USD) in 2020$9.9 Billion
Forecasted Market Value (USD) by 2027$22.4 Billion
Compound Annual Growth Rate12.4%
Regions CoveredGlobal

Key Topics Covered:




  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • EACS: Enabling Easier Protection and Control of Assets, People, and Property through Authorized & Restricted Access
  • Recent Market Activity
  • EACS: The Dominant Electronic Security Systems Category
  • Important Factors Driving Widespread Adoption of EACS over the Years
  • Consumer Perception of Crime
  • Regulatory Mandates
  • New Building Constructions/Renovations
  • Product Innovations & Introductions
  • Growing Need to Establish a National Identity Framework in Countries across the World: The Fundamental Growth Driver
  • Secure Document Implementations across the World by 2021
  • Economic Empowerment through National Identity
  • Mobile Identity (mID)
  • Digital Driver's License on the Mobile Phone
  • National Identity Schemes
  • Global Market Outlook
  • Developing Countries to Spearhead Growth and Replace the Hitherto Dominant US and European Markets
  • Electronic Access Control Systems (EACS) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)



  • EACS' Grand Convergence Supported by Game Changing Trends and Technologies Drive Strong Market Growth
  • Widespread Adoption of Smart Mobile Devices Enabling Anytime, Anywhere Access Control Drive Market Penetration
  • Smartphones Revolutionize Access Control Technology
  • Growing Popularity of Smarts Cards in Providing Enhanced Protection Drives Healthy Demand for Card-Based EACS
  • Smart Cards Outshines Traditional Legacy & Proximity Cards
  • Remote Login Made Secure by Smart Card Based EACS
  • Demand for Multi-Application Smart Cards Gain Momentum
  • Multiple Applications of Smart Cards Summarized
  • Biometrics: The Critically Important Authentication Technology Fast Replace the Vulnerable Traditional Access Control Approaches
  • Benefits
  • Market Drivers in a Nutshell
  • Market Inhibitors
  • Biometrics: The Dominant Electronic Access Control Technology
  • Frictionless Face and Iris Recognition Technologies to Take Over Fingerprint Biometrics
  • Law Enforcement Agencies to Invest Significantly in Biometrics Implementations
  • Expanding e-Governance Projects Drive Opportunities
  • Prisons & Detention Centers Bank on Biometrics Technology
  • Ubiquitous Access Control Cards to Stay Relevant Despite Rise of Biometrics
  • Massive Installed Base
  • Non-Requirement of Higher Security
  • Cards Work Every Time
  • Simple Measures to Improve Card Security
  • Upcoming Smart Cities to Fuel Large-Scale Adoption
  • Smart Homes to Drive Demand for Biometric Solutions
  • Growing Trend towards Affordable & Efficient Access Control Solutions Boost Adoption of Cloud Based ACaaS
  • Access Control as a Service (ACaaS): A Plug and Play Environment for Access Control Deployments
  • Cloud Services to Drive Mobility for Audio & Video Authentication
  • Rising Need for Identification and Authentication Drive Demand in the Commercial & Enterprise Sector
  • Globalization & Workforce Decentralization Boost EACS Demand
  • Stringent Data Protection Laws Benefit Prospects in the Enterprise Sector
  • Biometrics Identify Potential Opportunities in the Retail Segment
  • Small and Mid-Sized Businesses: A Lucrative Market Segment
  • Banking and Financial Services Sector: Most Promising End-use Market for EACS
  • Biometric Payment Cards Provide Additional Security
  • Expanding Social Network Footprint Opens Opportunities
  • EACS: A Mandatory Requirement for the Industrial Sector
  • Hand Geometry Biometrics for Harsh Working Environments
  • Behavioral EACS Technologies Gain Prominence
  • Rising Penetration of EACS Solutions in Airport Security Promote Market Expansion
  • Immigration Control & Travel Document Verification
  • EACS Deployments Gain Traction in the Hospitality Sector
  • Card-based EACS: A Widely Acknowledged Access Technology in Hospitality Facilities
  • Hospitality Sector Offers Significant Growth Opportunities for Biometrics-based EACS
  • Increasing Deployments of EACS in the Education Sector Lends Traction to Market Growth
  • Smart Card EACS Gaining Traction in Educational Facilities
  • Healthcare Establishments Offer Huge Untapped Market Potential for EACS
  • Contactless Access
  • Smart Cards and Readers
  • Recovery in Construction Activity Worldwide Offer Bright Prospects for the EACS Market
  • Exponential Increase in Global Urban Population Benefits Market Demand




For more information about this report visit https://www.researchandmarkets.com/r/41t3ln

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Global Market for Electronic Access Control Systems (EACS)

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