The Europe Access Control as a Service (ACaaS) Market would witness market growth of 15.3% CAGR during the forecast period (2022-2028).
Access control solutions are necessary for many firms to maintain the security of their buildings or particular spaces like data centers, labs, or vaults. Employee credentials may need to be entered via a smart card, ID badge, RFID tag, fingerprint, or another biometric ID method, depending on the application.
The solution tracks the instances in which the authorized personnel was granted access to the restricted area once permission has been set by an employee or job description and has been validated. Access control is necessary for compliance in regulated industries, but any firm can use it to safeguard its resources, tools, records, or intellectual property.
Particularly IT departments value the simplicity of use that comes with adopting ACaaS. The maintenance requirements for this cloud solution are significantly lower than those of a conventional on-site security system because there are no servers, operating systems, or databases to manage.
According to Russian intelligence, the Russian government may be preparing defenses against impending hacks. Along with disseminating harmful software, the Russian government attacked Ukrainian infrastructure and government officials with distributed denial-of-service (DDoS) operations. Additionally, a few cybercriminal groups recently declared their assistance to the Russian government. These cyberterrorist groups with ties to Russia have vowed to carry out attacks in retaliation for claimed attacks, even against the Russian government and its citizens.
The Germany market dominated the Europe Access Control as a Service (ACaaS) Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $144 million by 2028. The UK market is anticipated to grow at a CAGR of 14.4% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 16.2% during (2022 - 2028).
Based on Service Type, the market is segmented into Hosted, Managed and Hybrid. Based on Cloud Deployment Model, the market is segmented into Public, Private and Hybrid. Based on Vertical, the market is segmented into Commercial, Government, Manufacturing & Industrial, Healthcare, Education, Residential, Transportation and Retail & Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Access Control as a Service (ACaaS) Market will Hit $2.3 Billion by 2028, at a CAGR of 15%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson Controls International PLC, Thales Group S.A., Assa Abloy AB, Dormakaba Holding AG, Identiv, Inc., Microsoft Corporation, Cisco Systems, Inc., Honeywell International, Inc. (Honeywell Commercial Security), AMAG Technology, Inc. (G4S PLC), and Brivo Systems LLC.
By Service Type
By Cloud Deployment Model
By Vertical
By Country
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