The North America Access Control Reader Market would witness market growth of 12.0% CAGR during the forecast period (2019-2025). Access Card users are used to read a credential that enables access to, typically, a locked gate by means of access control points. A magnetics bar code reader, strip reader, proximity reader, smart card reader or biometric reader can be an access control reader. Access control system is one of the most common electronic gate control systems available with a magnet card or a magnet stripe accessible via a door reader. These access control systems are used for purpose of security.
Magnetic stripe, proximity, or smart card readers are called as the card-based readers. Card readers are relatively more reliable as compared to the biometric readers and electronic locks. One of the main drivers for the growth of card-based readers is enhanced demands for smart and proximity cards to monitor and record staff operations. Smartcards have demonstrated that they are more accurate than magnetic stripes and nearby cards. One of the drivers to increase the development of smart card readers is the growing demand for smart and nearby cards to track and record employee activities.
The access control reader market is driven by a wide range of factors. For instance, there is a rapid expansion in urbanization with the rise of smart cities. This trend is projected to offer significant growth opportunities to market players of the market. In these economies, the concentration of industrial development in cities leads to a growing demand for infrastructure is expected to boost the demand for advanced biometric solutions and smart cards.
Based on Reader Type, the market is segmented into Biometric Readers, Card-Based Readers and Multi-Technology Readers. Biometric Readers are further segmented into Fingerprint, Face Recognition, Palm Recognition, Voice Recognition, IRIS Recognition and Others. Card-Based Readers are sub-segmented into Proximity Card Readers, Smart Card Readers and Magnetic Stripe Readers. The technologies used in Smart Card Readers are iCLASS, MIFARE and Others. Based on End User, the market is segmented into Commercial, Government and Residential. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Assa Abloy Group, Johnson Controls International PLC, Dormakaba Holding AG, Allegion PLC, Honeywell International, Inc. (Honeywell Security Group), Identiv, Inc., Nedap N.V., Robert Bosch GmbH (Bosch Security Systems, Inc.), Gemalto N.V. (Thales Group S.A.), NEC Corporation and Canon, Inc. (Axis Communication AB).
Market Segmentation:
By Reader Type
By End User
By Country
Companies Profiled
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