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LAMEA Access Control Hardware Market Size, Share & Industry Trends Analysis Report By Application (Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Access Controllers), By Vertical, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 166 Pages
  • September 2023
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5903415
The Latin America, Middle East and Africa Access Control Hardware Market would witness market growth of 9.3% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 6,413.1 Units, showcasing a growth of 10.8% (2023-2030).

Integrating smartphones and mobile apps for access control has revolutionized managing and securing physical spaces. This innovative approach allows users to leverage their smartphones as powerful access credentials, streamlining access management, enhancing security, and providing unparalleled convenience. With mobile access control, individuals can replace traditional physical keys or access cards with their smartphones, which serve as digital keys. These mobile apps typically utilize technologies such as Bluetooth, NFC (Near Field Communication), or even QR codes to establish a secure connection between the smartphone and access control systems.

Moreover, one of the key advantages of mobile access control is its convenience. Users no longer need to carry a physical keycard or worry about losing it. Instead, they can unlock doors or gates with a tap or a swipe on their smartphones, making entry and exit quick and hassle-free. Additionally, mobile access control can be managed remotely through dedicated apps, enabling administrators to grant or revoke access permissions in real time, whether for employees, guests, or contractors. This level of control enhances security by allowing swift responses to personnel changes or security threats.

Growing digitalization in Brazil has paved the way for adopting cloud-based systems in various organizations. These systems incorporate access control hardware for security. Brazil's e-commerce sector is experiencing significant growth, owing to the increased internet penetration and the growing popularity of online shopping. Companies like MercadoLibre and Amazon are expanding their presence in the Brazilian sector. Moreover, the fintech sector in Brazil is also growing, with numerous startups offering digital banking, payment processing, and lending services. These fintech companies addressed financial inclusion issues and provided access to banking services for underserved populations. As a result, these factors will pose a lucrative growth prospect for the market in the LAMEA region.

The Brazil market dominated the LAMEA Access Control Hardware Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $145.3 million by 2030. The Argentina market is showcasing a CAGR of 9.9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9% during (2023 - 2030).

Based on Application, the market is segmented into Card-based Readers, Biometric Readers, Multi-technology Readers, Electronic Locks, Access Controllers, and Others. Based on Vertical, the market is segmented into BFSI, Government & Defense, Defense & Aerospace, Healthcare & Lifesciences, Manufacturing, Transportation & Logistics, IT & Telecom, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bosch Security Systems GmbH (Robert Bosch GmbH), Suprema, Inc., Cisco Systems, Inc., Johnson Controls International PLC, Schneider Electric SE, Siemens AG, Honeywell International, Inc., Thales Group S.A., Southco, Inc. (Touchpoint, Inc.) and Hanwha Vision Co., Ltd. (Hanwha Corporation)

Scope of the Study

Market Segments Covered in the Report:

By Application (Volume, Units, USD Million, 2019-2030)
  • Card-based Readers
  • Biometric Readers
  • Multi-technology Readers
  • Electronic Locks
  • Access Controllers
  • Others
By Vertical (Volume, Units, USD Million, 2019-2030)
  • BFSI
  • Government & Defense
  • Defense & Aerospace
  • Healthcare & Lifesciences
  • Manufacturing
  • Transportation & Logistics
  • IT & Telecom
  • Others
By Country (Volume, Tonnes, USD Million, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Bosch Security Systems GmbH (Robert Bosch GmbH)
  • Suprema, Inc.
  • Cisco Systems, Inc.
  • Johnson Controls International PLC
  • Schneider Electric SE
  • Siemens AG
  • Honeywell International, Inc.
  • Thales Group S.A.
  • Southco, Inc. (Touchpoint, Inc.)
  • Hanwha Vision Co., Ltd. (Hanwha Corporation)

Unique Offerings

  • Exhaustive coverage
  • The highest number of Market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Access Control Hardware Market, by Application
1.4.2 LAMEA Access Control Hardware Market, by Vertical
1.4.3 LAMEA Access Control Hardware Market, by Country
1.5 Methodology for the research
Chapter 2. Market At a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.1.1 Partnerships, Collaborations and Agreements
4.1.2 Product Launches and Product Expansions
4.1.3 Acquisition and Mergers
4.2 Market Share Analysis, 2022
4.3 Top Winning Strategies
4.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
4.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2022, Jun - 2023, Sep) Leading Players
4.4 Porter’s Five Forces Analysis
Chapter 5. LAMEA Access Control Hardware Market by Application
5.1 LAMEA Card-based Readers Market by Country
5.2 LAMEA Biometric Readers Market by Country
5.3 LAMEA Multi-technology Readers Market by Country
5.4 LAMEA Electronic Locks Market by Country
5.5 LAMEA Access Controllers Market by Country
5.6 LAMEA Others Market by Country
Chapter 6. LAMEA Access Control Hardware Market by Vertical
6.1 LAMEA BFSI Market by Country
6.2 LAMEA Government & Defense Market by Country
6.3 LAMEA Defense & Aerospace Market by Country
6.4 LAMEA Healthcare & Lifesciences Market by Country
6.5 LAMEA Manufacturing Market by Country
6.6 LAMEA Transportation & Logistics Market by Country
6.7 LAMEA IT & Telecom Market by Country
6.8 LAMEA Others Market by Country
Chapter 7. LAMEA Access Control Hardware Market by Country
7.1 Brazil Access Control Hardware Market
7.1.1 Brazil Access Control Hardware Market by Application
7.1.2 Brazil Access Control Hardware Market by Vertical
7.2 Argentina Access Control Hardware Market
7.2.1 Argentina Access Control Hardware Market by Application
7.2.2 Argentina Access Control Hardware Market by Vertical
7.3 UAE Access Control Hardware Market
7.3.1 UAE Access Control Hardware Market by Application
7.3.2 UAE Access Control Hardware Market by Vertical
7.4 Saudi Arabia Access Control Hardware Market
7.4.1 Saudi Arabia Access Control Hardware Market by Application
7.4.2 Saudi Arabia Access Control Hardware Market by Vertical
7.5 South Africa Access Control Hardware Market
7.5.1 South Africa Access Control Hardware Market by Application
7.5.2 South Africa Access Control Hardware Market by Vertical
7.6 Nigeria Access Control Hardware Market
7.6.1 Nigeria Access Control Hardware Market by Application
7.6.2 Nigeria Access Control Hardware Market by Vertical
7.7 Rest of LAMEA Access Control Hardware Market
7.7.1 Rest of LAMEA Access Control Hardware Market by Application
7.7.2 Rest of LAMEA Access Control Hardware Market by Vertical
Chapter 8. Company Profiles
8.1 Bosch Security Systems GmbH (Robert Bosch GmbH)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.6 SWOT Analysis
8.2 Suprema, Inc.
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.2.3 SWOT Analysis
8.3 Cisco Systems, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Johnson Controls International PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental & Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.5.3 Acquisition and Mergers:
8.4.6 SWOT Analysis
8.5 Schneider Electric SE
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 SWOT Analysis
8.6 Siemens AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 Honeywell International, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 SWOT Analysis
8.8 Thales Group S.A.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 SWOT Analysis
8.9 Southco, Inc. (Touchpoint, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Product Launches and Product Expansions:
8.9.2.2 Acquisition and Mergers:
8.9.3 SWOT Analysis
8.10. Hanwha Vision Co., Ltd. (Hanwha Corporation)
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Recent strategies and developments:
8.10.3.1 Product Launches and Product Expansions:

Companies Mentioned

  • Bosch Security Systems GmbH (Robert Bosch GmbH)
  • Suprema, Inc.
  • Cisco Systems, Inc.
  • Johnson Controls International PLC
  • Schneider Electric SE
  • Siemens AG
  • Honeywell International, Inc.
  • Thales Group S.A.
  • Southco, Inc. (Touchpoint, Inc.)
  • Hanwha Vision Co., Ltd. (Hanwha Corporation)

Methodology

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