Access Control Market Poised to Surge, Projected to Reach $17.4 Billion by 2030

The growth of this market is driven by increasing demand for enhanced access control devices, growing safety & security concerns, and increasing smart home projects around the world. Rising inclinations towards cloud-based access control systems and the growing use of wireless access controls are expected to offer significant growth opportunities for the stakeholders in the access control market. However, the high initial cost of deploying access control systems may restrain the market's growth.