How big is the Proximity Access Control Market?

The Proximity Access Control Market size is expected to reach USD 2.88 billion in 2024 and grow at a CAGR of 6.30% to reach USD 3.91 billion by 2029. Read More

What is the current Proximity Access Control Market size?

In 2024, the Proximity Access Control Market size is expected to reach USD 2.88 billion. Read More

Who are the key players in Proximity Access Control Market?

SALTO Systems, Innovatrics, Securakey, ADT Inc. and Johnson Controls International PLC are the major companies operating in the Proximity Access Control Market. Read More

Which is the fastest growing region in Proximity Access Control Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Proximity Access Control Market?

In 2024, the North America accounts for the largest market share in Proximity Access Control Market. Read More

What years does this Proximity Access Control Market cover, and what was the market size in 2023?

In 2023, the Proximity Access Control Market size was estimated at USD 2.70 billion. The report covers the Proximity Access Control Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Proximity Access Control Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Proximity Access Control Market Size & Share Analysis - Industry Research Report

Proximity Access Control Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Proximity Access Control Market Report is Segmented by Solution (Hardware and Software), by Type (Card Readers, Biometric Scanners, Proximity Readers, Alarms, Metal Detectors, Door Controllers, and Wireless Locks), by End-User Industry (Government Services, Banking and Financial Services, IT and Telecommunications, Transportation and Logistics, Retail, Healthcare, Residential, and Others), and by Geography (North America, Europe, Asia Pacific, and Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Proximity Access Control Industry Overview

The proximity access control market is fragmented and consists of several players. The companies in the market are continuously trying to increase their market presence by expanding their operations, introducing new products, forming strategic partnerships, mergers and acquisitions, and collaborations. Some of the major players include Johnson Controls, SALTO Systems, ADT, Innovatrics, Securakey, and many more.

• In April 2024, Acre Security announced the introduction of acre Access Control in conjunction with the acre Smart Controller and the acre Reader. The integrated ecosystem provides a wide range of flexibility and presents the quickest and most intuitive path to embracing cloud technology. Collectively, these solutions furnish a straightforward and resilient security resolution to cater to the changing requirements of any establishment.

• In March 2024, Allegion US announced the introduction of the Schlage XE360 Series Wireless Locks, an electronic lock collection tailored to meet the demands of the multifamily market. This new series represents the latest advancement in electronic lock technology by Schlage, offering a variety of sought-after options and features specifically catered to multifamily properties. The locks are designed to seamlessly integrate into a wide range of common area openings, ensuring versatility and convenience for property managers and residents alike.