A recent release from 6Wresearch predicts that the UAE access control systems market should grow at a CAGR 8.8%of during 2015-2021. Declining prices, restrictions on unwanted access and demand for advanced security systems have spurred the market for access control systems in the region.
High growth of infrastructure development due to the upcoming World Expo 2020 coupled with increasing security & IT spending is forecast to drive the market for access control system in the UAE. Within the UAE’s access control market, the card reader access control segment accounted for the majority of the market installations and are primarily deployed in applications such as government & transportation, retail, commercial offices, hospitals, and hospitality sector.
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 low cost of the products and slower adoption of biometric access control systems.
Some of the players in the UAE 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.
The report entitled “UAE’s Access Control Market (2015-2021)” provides in-depth analysis with 67 figures and 23 tables covered in 148 pages. The report estimates and forecasts the overall UAE access control market by revenue, type of access control systems and applications such as banking and financial institutions, government and transportation, commercial offices, industrial and manufacturing, residential, hospitality and healthcare and educational verticals. The report also gives insights on the competitive landscape, company profiles, market drivers and restraints.