6Wresearch-UAE's Access Control Market (2015-2021)

According to 6Wresearch, UAE's Access Control systems market is forecast to grow at a CAGR 8.8%of during 2015-2021. Declining prices, restrict unwanted access and demand for advanced security systems have spurred the market for access control systems in the country. 

Card Reader Access Control System Leads UAE Access Control System -6Wresearch

The high growth of infrastructural development owing to the upcoming World Expo 2020 coupled with increasing security & IT spending is forecast to drive the market for the access control system in UAE. In UAE's access control market, the card reader access control segment accounted for the majority of the market installations and is primarily deployed in applications such as government & transportation, retail, commercial offices, hospitals, and the hospitality sector.

According to 6Wresearch, UAE's Access Control systems market is forecast to grow at a CAGR 8.8%of during 2015-2021. Declining prices, restrict unwanted access and demand for advanced security systems have spurred the market for access control systems in the country.

According to "Prijo Samuel Senior Research Analyst, Research and Consulting, 6Wresearch, card reader access control systems would continue to contribute majorly to the overall access control market due to the low cost of the products and slower adoption of biometric access control systems.

"Furthermore, commercial office application has accounted for the largest share in access control market followed by the government and transportation segment owing to the growing installation of contactless card access control system in the transportation sector and biometric access control systems at airports," Samuel further added.

According to Shefali Goel, Research Associate, Research and Consulting, 6Wresearch, UAE access control market is witnessing a growing trend towards hybrid access control solutions. Primarily hybrid access control system includes card access control and fingerprint biometric access control system in UAE.

During the forecast period, biometric access control system market share would increase due to the increasing security concerns and need for advanced security systems in the country."Shefali concluded.

Some of the companies in UAE's access control market include- 3M Gulf Ltd., Bosch Security System Inc., FingerTec, Genetec Middle East, HID Corporation, Honeywell, IDTECK, Lenel System, Samsung Techwin, S2 Security, Siemens, Suprema, Tyco Fire & Safety, and ZK Technologies.

"UAE Access Control Market (2015-2021)" provides in-depth analysis with 67 figures and 23 tables covered in 148 pages. The report estimates and forecasts overall UAE's access control market by revenue, type of access control systems and applications such as banking and the financial institution, government and transportation, commercial offices, industrial and manufacturing, residential, hospitality, and healthcare and educational verticals. The report also gives insights on competitive landscape, company profiles, market drivers, and restraints.

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Media Courtesy : Industry Today