MEA Card-based Access Control Industry Overview
The Middle East and Africa card-based access control market has numerous major players that have been using various strategies, such as new product launches, joint ventures, expansions, partnerships, acquisitions, and others, to increase their footprints in this market, leading to intense market competition. The market is semi-consolidated. Some of the key players include Allegion PLC, ASSA ABLOY AB, HID Global Corporation, Axis Communications AB, and SALTO Systems, among others.
- June 2024: Honeywell completed the acquisition of Carrier Global Corporation's Global Access Solutions business for USD 4.95 billion. This move cements Honeywell's status as a leading provider of security solutions for the digital age, paving the way for accelerated innovation in the fast-growing cloud-based services and solutions industry. Furthermore, this transaction reinforces Honeywell's strategic alignment around three key megatrends, including automation, and complements its Building Automation segment.
- January 2024: SALTO unveiled its latest access control innovations at Intersec Dubai 2024, giving visitors a preview of the future of secure access. Through the integration of technologies to develop keyless smart buildings that are simple to access, operate, control, and manage, SALTO showcases its commitment to remaining at the forefront of the industry, providing unmatched security solutions for a wide range of applications.
MEA Card-based Access Control Market Leaders
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Allegion plc
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ASSA ABLOY AB
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HID Global Corporation
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Axis Communications AB
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SALTO Systmes
- *Disclaimer: Major Players sorted in no particular order
