Europe Mobile Access Control Platform Market

Market Introduction

The mobile-based access control apps offer secured access to rooms, buildings, and different areas to users via mobile access control, with the click of a button on their mobile devices, such as smartphones and tablets, and wearable devices. The increasing penetration of smartphones, implementation of the Internet of Things (IoT), and growing concern about security and privacy are boosting mobile access control solutions. The escalating consumer awareness regarding the advantages of advanced security solutions is anticipated to influence the demand positively.  Different technologies used in mobile access control platforms are bluetooth and near field communications (NFC). The use of contactless applications and technologies, such as bluetooth and NFC, are continuously surging across Europe region. The companies are progressively concerned about the security and protection of their physical environment. Thus, various commercial buildings and automotive manufacturers are highly engaged in implementing such technologies in their systems. These factors lead to the growth of the Europe mobile access control platform market since these technologies are employed for mobile access.  By integrating this platform, one can assured that they would receive real-time updates on their smartphones or wearables. The platform is the combination of hardware and technologies to meet the consumers' requirements by managing them from the centralized dashboard present in the commercial buildings. Infrastructural development and rising construction activities majorly across Europe is creating massive opportunities for the solution providers during the forecast period. The adoption of trending technologies in Europe region is generating enormous opportunities for IoT security providers to integrate their solutions into smart devices for enhanced security. Thus, the rising demand for connected security systems are expected to create a significant demand for mobile access control platform in the coming years, which is further anticipated to drive the Europe mobile access control platform market.  

In Europe, Spain, Italy, and Germany have implemented drastic measures and travel restrictions to limit coronavirus spread among its citizens. European countries represent a significant market for mobile access control platform adoption and growth due to individual customers' high purchasing power and boosting the mobile access control platform industry. Several commercial buildings are experiencing less traffic from building entrants during lockdowns and have implemented ‘stay-at-home’ orders. However, the demand for mobile access control platform is likely to be minimally impacted in 2020, since various companies are progressively starting their business. Furthermore, the mobile access control platform will gain more significance after the coronavirus pandemic since it is a contactless technology.

Europe Mobile Access Control Platform Strategic Insights

Strategic insights for the Europe Mobile Access Control Platform provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe Mobile Access Control Platform Report Scope

Europe Mobile Access Control Platform Regional Insights

The geographic scope of the Europe Mobile Access Control Platform refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The mobile access control platform market in Europe is expected to grow from US$ 35.54 million in 2019 to US$ 233.82 million by 2027; it is estimated to grow at a CAGR of 27.5% from 2020 to 2027. The blockchain is frequently associated with cryptocurrencies like Bitcoin, but this remarkable digital record also finds powerful identity and access management (IAM) security applications. It comprises blocks of information containing the details about users and the identifying attributes. Unlike the databases handled by an organization or administrator, blockchain doesn’t have a single owner and operates like a network of multiple databases, each being a replica of the other. The databases' information is synchronized for being uniform and can be accessed by the users within a specific blockchain network. Utilizing blockchain technology for authentication can very well change the way the users interact with the systems and the framework on which the organizations lay their policies for access control. Since the blockchain networks eradicate the requirement of intermediary gateway or software, deploying the technology for authentication not only aids in cost reduction but also enhances the security. Intermediaries are no longer essential due to the availability of information to the trusted parties in blockchain networks. The information in the blockchain need not be stored on a traditional server. Instead, the login credentials and identification attributes are hashed & stored in the blockchain, and it can be directly accessed as the basis for authorization. This is bolstering the growth of the Europe mobile access control platform market.

Key Market Segments

In terms of technology, the bluetooth segment accounted for the largest share of the Europe mobile access control platform market in 2019. Similarly, the commercial segment held a larger share of the market based on application in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the mobile access control platform market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Kisi Inc, BlueID, YPTOKEY, Proxy Inc, Remotelock, Salto System, and Brivo Systems LLC among others.

Reasons to buy report

• To understand the Europe mobile access control platform market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe mobile access control platform market
• Efficiently plan M&A and partnership deals in Europe mobile access control platform market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe mobile access control platform market
• Obtain market revenue forecast for market by various segments from 2020 to 2027 in Europe region.

Europe Mobile Access Control Platform Market Segmentation

By Technology

• Bluetooth
• NFC

By

Application

• Commercial
  • Offices
  • Others
• Automotive
• Others

By Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Company Profiles

• Kisi Inc
• BlueID
• YPTOKEY
• Proxy Inc
• Remotelock
• Salto System
• Brivo Systems LLC