Access Control Market Projected to Be Worth 15B Dollars in 2029

The access control market is worth about $10 billion this year and is projected to reach $15 billion in 2029, according to a new study from Adroit Market Research.

“The global access control industry is expected to expand over the next few years as businesses prioritize security and look for all-inclusive access control solutions,” the report stated. Identity and guest management, video surveillance, and building automation are among the technologies that are being connected with access control, giving organizations a comprehensive security architecture.

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