1 INTRODUCTION 16
1.1 STUDY OBJECTIVES 16
1.2 DEFINITION 16
1.3 MARKETS COVERED 17
1.3.1 GEOGRAPHIC SCOPE 18
1.3.2 YEARS CONSIDERED 18
1.4 CURRENCY 19
1.5 PACKAGE SIZE 19
1.6 LIMITATIONS 19
1.7 STAKEHOLDERS 19

2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Major secondary sources 21
2.1.1.2 Secondary sources 21
2.1.2 PRIMARY DATA 21
2.1.2.1 Primary interviews with experts 22
2.1.2.2 Key data from primary sources 22
2.1.2.3 Key industry insights 23
2.1.2.4 Breakdown of primaries 23
2.2 MARKET SIZE ESTIMATION 24
2.2.1 BOTTOM-UP APPROACH 24
2.2.1.1 Approach for capturing market size by bottom-up
analysis (demand side) 24
2.2.2 TOP-DOWN APPROACH 25
2.2.2.1 Approach for capturing market size by top-down
analysis (supply side) 25
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 26
2.4 RESEARCH ASSUMPTIONS 27

3 EXECUTIVE SUMMARY 28

4 PREMIUM INSIGHTS 32
4.1 KEY DRIVING FACTORS PERTAINING TO ACCESS CONTROL READER MARKET 32
4.2 SMART CARD READER MARKET, BY TECHNOLOGY 32
4.3 ACCESS CONTROL READER MARKET IN EUROPE, CARD-BASED READER TYPE
AND COUNTRY 33
4.4 ACCESS CONTROL READER MARKET, BY COUNTRY 34

5 MARKET OVERVIEW 35
5.1 INTRODUCTION 35
5.2 MARKET DYNAMICS 35
5.2.1 DRIVERS 36
5.2.1.1 High demand for enhanced security 36
5.2.1.2 Contactless interfaces to boost adoption of smart cards 37
5.2.1.3 Increased convenience, enhanced secure identity management,
and improved human resource management 37
5.2.2 RESTRAINTS 37
5.2.2.1 Limited awareness about advanced security solutions among users 37
5.2.3 OPPORTUNITIES 37
5.2.3.1 Increasing urbanization in emerging economies 37
5.2.4 CHALLENGES 38
5.2.4.1 Security concerns related to unauthorized access and data breach 38
5.3 VALUE CHAIN ANALYSIS 38

6 ACCESS CONTROL READER MARKET, BY READER TYPE 40
6.1 INTRODUCTION 41
6.2 CARD-BASED READERS 42
6.2.1 MAGNETIC STRIPE READERS 43
6.2.1.1 Magnetic stripe readers accounted for smallest share of card-based reader market, in terms of value and volume, in 2018 43
6.2.2 PROXIMITY CARD READERS (125 KHZ) 44
6.2.2.1 Proximity card readers are expected to hold significant size of card-based reader market, in terms of value and volume, during forecast period 44
6.2.3 SMART CARD READERS (13.56 MHZ) 44
6.2.3.1 Smartcard readers expected to witness highest CAGR in card-based reader market during forecast period 44
6.2.3.1.1 Contact-based 46
6.2.3.1.2 Contactless 46
6.3 BIOMETRIC READERS 46
6.3.1 FINGERPRINT 48
6.3.1.1 Fingerprint held largest size of biometric reader market, in terms of value and volume, in 2018 48
6.3.2 PALM RECOGNITION 49
6.3.2.1 Palm recognition readers are used in access control systems
for security purpose 49
6.3.3 IRIS RECOGNITION 50
6.3.3.1 Iris recognition readers provide high accuracy for authentication 50
6.3.4 FACE RECOGNITION 50
6.3.4.1 Face recognition readers to exhibit highest CAGR in biometric reader market during forecast period 50
?
6.3.5 VEIN RECOGNITION 51
6.3.5.1 Vein recognition readers gaining visibility in upcoming years
for biometric readers 51
6.3.6 VOICE RECOGNITION 52
6.3.6.1 voice recognition readers’ usability for restricting unauthorized access 52
6.4 MULTI-TECHNOLOGY READERS 53
6.4.1 MULTI-TECHNOLOGY READERS TO ACCOUNT FOR SIGNIFICANT SIZE OF ACCESS CONTROL READER MARKET DURING FORECAST PERIOD 53

7 SMART CARD READER MARKET, BY TECHNOLOGY TYPE 54
7.1 INTRODUCTION 55
7.2 ICLASS 56
7.2.1 ICLASS TECHNOLOGY TO HAVE SIGNIFICANT DEMAND FOR SMARTCARD READERS 56
7.3 MIFARE 57
7.3.1 MIFARE TECHNOLOGY EXPECTED TO WITNESS AT HIGHEST GROWTH RATE DURING FORECAST PERIOD 57
7.4 DESFIRE 57
7.4.1 DESFIRE TECHNOLOGY?ADVANCED VERSION OF MIFARE FAMILY 57
7.5 LEGIC ADVANT 58
7.5.1 SMALL MARKET SHARE OF ADVANT DUE TO LIMITED ACCESS 58
7.6 OTHERS 59

8 ACCESS CONTROL READER MARKET, BY VERTICAL 60
8.1 INTRODUCTION 61
8.2 COMMERCIAL 62
8.2.1 ACCESS CONTROL READERS WITNESS HIGH ADOPTION IN ENTERPRISES AND DATA CENTERS FOR SECURITY PURPOSES 62
8.2.1.1 Enterprises and data centers 62
8.2.1.2 Banks and financial centers 63
8.2.1.3 Hotels, stadiums, and amusement parks 63
8.2.1.4 Retail stores and malls 63
8.3 GOVERNMENT 63
8.3.1 GOVERNMENT VERTICAL EXPECTED TO GROW AT SIGNIFICANT RATE OF DURING FORECAST PERIOD 63
8.4 RESIDENTIAL 64
8.4.1 RESIDENTIAL VERTICAL EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 64
?

9 GEOGRAPHIC ANALYSIS 66
9.1 INTRODUCTION 67
9.2 AMERICAS 68
9.2.1 US 74
9.2.1.1 US expected to continue to account for largest share of access control reader market in the Americas during 2019–2024 74
9.2.2 CANADA 74
9.2.2.1 Adoption of high-security solutions in Canada resulted in a significant share of access control reader market in country 74
9.2.3 MEXICO 75
9.2.3.1 Growth opportunities for home automation and security applications to make access control reader market lucrative in Mexico 75
9.2.4 SOUTH AMERICA 75
9.2.4.1 growing security concerns and increasing use of identification solutions would lead the access control reader market in
South America 75
9.3 EUROPE 76
9.3.1 UK AND IRELAND 82
9.3.1.1 Market in the UK expected to grow at a significant rate during forecast period 82
9.3.2 DACH COUNTRIES 82
9.3.2.1 DACH countries likely to continue to account for largest size of
access control reader market during 2019–2024 82
9.3.3 FRANCE 83
9.3.3.1 Growing number of terrorist attacks drive French access control reader market 83
9.3.4 ITALY 83
9.3.4.1 Italy expected to deploy security solutions to overcome challenges such as increased crime rate, homeland security breaches,
and illegal immigration 83
9.3.5 SCANDINAVIA 84
9.3.5.1 Scandinavia expected to witness highest CAGR in access control market during forecast period 84
9.3.6 BENELUX 84
9.3.6.1 Growing need for identification and security solutions would boost demand for access control readers in these countries 84
9.3.7 IBERIA 84
9.3.7.1 Market in IBERIA expected to grow at moderate rate 84
9.4 APAC 85
9.4.1 CHINA 91
9.4.1.1 China likely to continue to hold largest share of access control reader market in APAC during forecast period 91
9.4.2 JAPAN 91
9.4.2.1 With the growing economy and rising demand for advance security solutions, Japan is likely to continue to be second-largest market in APAC for access control readers in next few years 91
9.4.3 INDIA 92
9.4.3.1 Growing security threat and increasing urbanization boost Indian access control reader market growth 92
9.4.4 SOUTH KOREA 92
9.4.4.1 Increasing need to improve security for small- and medium-sized businesses compels South Korean companies to adopt access control solutions 92
9.4.5 AUSTRALIA AND NEW ZEALAND 93
9.4.5.1 Need to manage visitor movements and behavior boosts demand for access control readers in Australia and New Zealand 93
9.4.6 REST OF APAC 93
9.5 ROW 94
9.5.1 MIDDLE EAST 98
9.5.1.1 Growing security initiatives by governments drive the Middle Eastern access control reader market 98
9.5.2 AFRICA 98
9.5.2.1 Growing industrialization in Africa expected to increase demand for access control readers 98
10 COMPETITIVE LANDSCAPE 99
10.1 INTRODUCTION 99
10.2 MARKET PLAYER RANKING ANALYSIS 101
10.3 COMPETITIVE LEADERSHIP MAPPING 102
10.3.1 VISIONARY LEADERS 102
10.3.2 DYNAMIC DIFFERENTIATORS 102
10.3.3 INNOVATORS 102
10.3.4 EMERGING COMPANIES 102
10.4 COMPETITIVE BENCHMARKING 104
10.4.1 STRENGTH OF PRODUCT PORTFOLIO (25 COMPANIES) 104
10.4.2 BUSINESS STRATEGY EXCELLENCE (25 COMPANIES) 105
10.5 COMPETITIVE SCENARIO 106
10.6 COMPETITIVE SITUATIONS & TRENDS 107
10.6.1 PRODUCT LAUNCHES/DEVELOPMENTS 107
10.6.2 ACQUISITIONS 110
10.6.3 COLLABORATIONS/CONTRACTS/AGREEMENTS/PARTNERSHIPS 113
10.6.4 EXPANSIONS 117
11 COMPANY PROFILES 118
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
11.1 INTRODUCTION 118
11.2 KEY PLAYERS 119
11.2.1 ASSA ABLOY AB 119
11.2.2 DORMAKABA HOLDING AG 124
11.2.3 ALLEGION PLC 127
11.2.4 IDENTIV, INC. 130
11.2.5 IDEMIA 134
11.2.6 NEDAP N.V. 138
11.2.7 SUPREMA HQ INC. 141
11.2.8 GEMALTO N.V. (THALES GROUP) 145
11.2.9 NAPCO SECURITY TECHNOLOGIES, INC. 148
11.2.10 AVIGILON CORPORATION (MOTOROLA SOLUTIONS, INC.) 150
11.3 OTHER COMPANIES 152
11.3.1 PETER HENGSTLER GMBH+CO. (PHG) 152
11.3.2 PAXTON ACCESS LTD. 152
11.3.3 CASTLES TECHNOLOGY 153
11.3.4 DUALI INC. 153
11.3.5 AMAG TECHNOLOGY, INC. 154
11.3.6 AXIS COMMUNICATIONS AB 154
11.3.7 PAX TECHNOLOGY LIMITED 155
11.3.8 ADVANCED CARD SYSTEMS LIMITED 156
11.3.9 GALLAGHER GROUP LIMITED 157
11.3.10 BRIVO, INC. 157
11.3.11 SALTO SYSTEMS S.L. 158
11.3.12 VANDERBILT INDUSTRIES 158
11.3.13 WATCHDATA 159
11.3.14 ARABIT SYSTEMS INC. 159
11.3.15 IDTECK CO., LTD. 160
11.3.16 UNION COMMUNITY CO., LTD. 160
11.3.17 NORTECH CONTROL SYSTEMS LIMITED 161
11.3.18 STANLEY CONVERGENT SECURITY SOLUTIONS, INC. 162
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view *Details on might not be captured in case of unlisted companies.)*

12 APPENDIX 163
12.1 INSIGHTS OF INDUSTRY EXPERTS 163
12.2 DISCUSSION GUIDE 164
12.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 168
12.4 AUTHOR DETAILS 170