
North America Mobile Access Control Platform Market
No. of Pages: 63 | Report Code: TIPRE00014759 | Category: Technology, Media and Telecommunications
No. of Pages: 63 | Report Code: TIPRE00014759 | Category: Technology, Media and Telecommunications
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 North America 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 North America 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 North America is creating massive opportunities for the solution providers during the forecast period. The adoption of trending technologies in North America region is generating enormous opportunities for IoT security providers to integrate their solutions into smart devices for enhanced security. Thus, the rising penetration of smartphones and wearable devices are expected to create a significant demand for mobile access control platform in the coming years, which is further anticipated to drive the North America mobile access control platform market.
In North America, US is the most affected country. North America countries specially, US and Canada 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.
Strategic insights for the North America 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.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 49.44 Million |
Market Size by 2027 | US$ 297.16 Million |
Global CAGR (2020 - 2027) | 26.1% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Technology
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America 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 North America is expected to grow from US$ 49.44 million in 2019 to US$ 297.16 million by 2027; it is estimated to grow at a CAGR of 26.1% 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 North America mobile access control platform market.
In terms of technology, the bluetooth segment accounted for the largest share of the North America mobile access control platform market in 2019. Similarly, the commercial segment held a larger share of the market based on application in 2019.
A few major primary and secondary sources referred to for preparing this report on the mobile access control platform market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Nokē, Inc.
The List of Companies - North America Mobile Access Control Platform Market
The North America Mobile Access Control Platform Market is valued at US$ 49.44 Million in 2019, it is projected to reach US$ 297.16 Million by 2027.
As per our report North America Mobile Access Control Platform Market, the market size is valued at US$ 49.44 Million in 2019, projecting it to reach US$ 297.16 Million by 2027. This translates to a CAGR of approximately 26.1% during the forecast period.
The North America Mobile Access Control Platform Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Mobile Access Control Platform Market report:
The North America Mobile Access Control Platform Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Mobile Access Control Platform Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Mobile Access Control Platform Market value chain can benefit from the information contained in a comprehensive market report.