Lucintel anticipates that North America will be the fastest growing region in the access control as a service market

   September 30, 2019
According to a market report by Lucintel, the future of access control as a service market looks promising with opportunities in the commercial, manufacturing & industrial, government bodies, residential, transportation, healthcare, education, utilities, and retail industries. The access control as a service market is expected to grow with a CAGR of 27% from 2019 to 2024. The major drivers for this market are increased demand for ACaaS from businesses with multiple locations to centralize their operations, large-scale adoption of IoT, and increased use of advance virtualization, and cloud computing platforms

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In this market, hosted, managed, and hybrid are the major service types. Within the access control as a service market, commercial, manufacturing and industrial, government bodies, residential, transportation, healthcare, education, utilities, and retail are the major end use industries.

Public cloud, private cloud, and hybrid cloud are the major deployment types of the access control as a service market.

North America will remain the largest region over the forecast period due to the convergence of mechanical and electronic security products in this region.

Brivo, Cloud structure, Tyco Security Products, ASSA Abloy, dormakaba Holding, Microsoft Corporation, Cisco Systems, Honeywell Security, Datawatch Systems, Centrify Corporation, are among the major providers of AcaaS

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the access control as a service market by service, deployment, end use industry, and region. Lucintel has prepared a comprehensive research report titled “Access Control as a Service Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the access control as a service market by service, deployment, end use industry, and region as follows:

By Service [$M shipment analysis for 2013 - 2024]

·         Hosted

·         Managed

·         Hybrid

By Deployment [$M shipment analysis for 2013 - 2024]

·         Public Cloud

·         Private Cloud

·         Hybrid Cloud

By End Use Industry [$M shipment analysis for 2013 - 2024]

·         Commercial

·         Manufacturing & Industrial

·         Government Bodies

·         Residential

·         Transportation

·         Healthcare

·         Education

·         Utilities

·         Retail

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

About Lucintel

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit    

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