Dublin, July 20, 2023 (GLOBE NEWSWIRE) -- The "Global Access Control as a Service Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.

The access control as a service market is set to experience substantial growth, with a projected increase of $4,473.02 million during the forecast period of 2022-2027, reflecting an impressive CAGR of 22.39%.

The comprehensive report on the access control as a service market provides a holistic analysis encompassing market size, forecast, trends, growth drivers, challenges, and vendor analysis of approximately 25 key players.

The report presents an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment.

The market growth is driven by the following factors:

• Growing awareness about sophisticated data security threats, fostering the need for robust access control solutions
• Increased adoption and implementation of the mobility phenomenon and bring-your-own-device (BYOD) practices in various industries
• Penetration of the internet and wireless network infrastructure, facilitating the adoption of access control as a service solutions

Segmentation:

• End-user: Government, Healthcare, Transportation, Retail, Others
• Type: Managed service, Hosted service
• Geographical Landscape: North America, Europe, APAC, South America, Middle East and Africa

Key Drivers of Access Control as a Service Market Growth:

• Higher focus on data security, driving the demand for advanced access control solutions
• Proliferation of cloud systems, enabling convenient and scalable access control as a service offerings
• Continuously evolving compliance requirements, necessitating robust access control solutions

The report provides an in-depth analysis by studying, synthesizing, and analyzing data from multiple sources and key parameters.

Companies Mentioned:

• ASSA ABLOY AB
• Brivo Inc.
• Broadcom Inc.
• Centrify Corp.
• Cisco Systems Inc.
• Cloudastructure Inc.
• Datawatch Systems Inc.
• Dormakaba Holding AG
• Feenics Inc.
• Honeywell International Inc.
• International Business Machines Corp.
• M3T Corp.
• Microsoft Corp.
• Motorola Solutions Inc.
• Okta Inc.
• Oracle Corp.
• Ping Identity Corp.
• SecureAuth Corp.
• Thales Group
• Vector Security Inc.

For more information about this report visit https://www.researchandmarkets.com/r/1ggxgb

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