Saudi Arabia Access Control Market (2020-2026) | Analysis, Size, Revenue, Trends, Growth, Forecast, Outlook. Value, Segmentation & COVID-19 IMPACT

Saudi Arabia Access Control Market | Country-Wise Share and Competition Analysis

In the year 2021, the USA  was the largest exporter in terms of value, followed by China. It has registered a growth of 65.02% over the previous year. While China registered a decline of -15.25% over the previous year. While in 2017 China was the largest exporter followed by the USA. In term of the Herfindahl Index, which measures the competitiveness of countries exporting, Saudi Arabia has a Herfindahl index of 2066 in 2017 which signifies moderately concentrated while in 2021 it registered a Herfindahl index of  2449 which signifies moderately concentrated in the market

Saudi Arabia Access Control Market - Export Market OpportunitiesTopics Covered in the Saudi Arabia Access Control Market

Saudi Arabia Access Control Market report thoroughly covers the market by types, technology, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Developments of the Saudi Arabia Access Control Market

Saudi Arabia's Access Control Market is driven by the rising adoption of access control systems at commercial places with growing security concerns, particularly at airports to increase security for passenger safety. Additionally, the government is investing heavily in the development of smart city infrastructure, where access control systems are gaining traction including, video surveillance and traffic management to increase security and manage access to various smart city services and assets. Moreover, cloud-based access control solutions are more in popularity in the country, followed by the benefits like flexibility, and scalability, and have become an ideal solution for people working from home with its remote managing feature. These are some ongoing developments in the country expected to secure a double-digit growth of the Saudi Arabia Access Control industry in the upcoming years.

Saudi Arabia Access Control Market Synopsis

Saudi Arabia Access Control Market is projected to gain traction in the country underpinned by the rising installation in various sectors such as commercial, residential, and hospitality. Also, the growing digital technologies used in the country, including cloud computing, IoT, and artificial intelligence have led to drive the demand for advanced access control systems for effective access control. However, a lack of awareness about the benefits of access control systems can affect market growth. Nonetheless, the growing smart city projects and cloud-based access control systems adoption are creating great opportunities for market expansion.

According to 6Wresearch, the Saudi Arabia Access Control Market size is estimated to secure tremendous growth during 2020-2026. The market is proliferating with a rise in the infrastructure development in the country including, oil and gas facilities, government buildings, and airports, hence access control systems installations are high to protect from security threats. Additionally, the rapidly growing hospitality sector is driving market growth due to tourist arrivals each year, leading to accelerating the adoption of access control systems in hotels and restaurants for efficient access facilities to the guests. Furthermore, the increasing concern over security threats is leading to increasing demand for advanced security solutions that provide massive security to both physical spaces and assets and is estimated to surge the Saudi Arabia Access Control Market growth in the coming years.

COVID-19 Impact on the Saudi Arabia Access Control Market

The COVID-19 pandemic had affected the Saudi Arabia Access Control Market. During the pandemic lockdown, all businesses had forced to shut down to curb the spread of the COVID-19 virus in the country, hence the installation had declined and this further affected the access control market in the country. On the other hand, due to work from home cloud-based access control systems had surged in the country, also OCIVD-19 had created the opportunity for market expansion by increasing the popularity of touchless access control systems like facial recognition and mobile credentials. These factors had secured a product demand to some extent.

Key Players in the Saudi Arabia Access Control Market

The market is highly competitive with numerous major players competing mentioned below and offering an excellent range of quality access control systems in the market:

• Assa Abloy is a global company in access control solutions with a strong presence in the country, providing a spectrum range of products and services, that are access control systems and mobile access solutions.
• Honeywell is a multinational conglomerate that offers an exclusive range of access control systems products and services are intrusion detection systems, mobile access solutions, and video surveillance solutions.
• Johnson Controls International plc is a leading global provider of building access control technologies and solutions, supplying in Saudi Arabia
• Schneider Electric SE is another multinational company that facilitates energy management and automation solutions, which include, mobile access solutions and building management systems.
• Bosch Security Systems GmbH is a well-known offers a range of security and communication products and solutions in the country.

Market Analysis by Types

Based on the types, however, both software and hardware types are gaining traction, nevertheless, The hardware segment is experiencing growth in recent years owing to a high adoption rate of biometric devices like fingerprint scanners and facial recognition systems in the country.

Market Analysis by Technology

Based on the technology, Biometric authentication including fingerprint scanners and facial recognition systems are driving the market growth due to its high accuracy and reliability features.

Market Analysis by Application

According to Shivankar, Research Manager, 6Wresearch, the commercial sector is estimated to surge the Saudi Arabia Access Control Market revenue in the market on account of the rising infrastructure development in the commercial sectors such as airports, malls, and offices in the country.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Saudi Arabia Access Control Market Outlook
• Market Size of Saudi Arabia Access Control Market, 2019
• Forecast of Saudi Arabia Access Control Market, 2026
• Historical Data and Forecast of Saudi Arabia Access Control Revenues & Volume for the Period 2016 - 2026
• Saudi Arabia Access Control Market Trend Evolution
• Saudi Arabia Access Control Market Drivers and Challenges
• Saudi Arabia Access Control Price Trends
• Saudi Arabia Access Control Porter's Five Forces
• Saudi Arabia Access Control Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Types for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Hardware for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Software for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Technology for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Authentication for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By detection for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Alarm Panels for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Communication Devices for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Perimeter Security System for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Homeland Security for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Commercial for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Industrial for the Period 2016 - 2026
• Historical Data and Forecast of Saudi Arabia Access Control Market Revenues & Volume By Residential for the Period 2016 - 2026
• Saudi Arabia Access Control Import Export Trade Statistics
• Market Opportunity Assessment By Types
• Market Opportunity Assessment By Technology
• Market Opportunity Assessment By Applications
• Saudi Arabia Access Control Top Companies Market Share
• Saudi Arabia Access Control Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Access Control Company Profiles
• Saudi Arabia Access Control Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Types

• Hardware
• Software

By Technology

• Authentication
• Detection
• Alarm Panels
• Communication Devices
• Perimeter Security System

By Applications

• Homeland Security
• Commercial
• Industrial
• Residential