Rise in Security Breaches at Key Government & Enterprise Facilities Drives the Card-Based EACS Market, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on the Card-Based Electronic Access Control Systems (EACS) markets. Global market for Card-Based Electronic Access Control Systems (EACS) is projected to reach US$8.6 billion by 2018, driven by rising security concerns and the ensuing need to control access to information and physical property.

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Card-Based Electronic Access Control Systems (EACS): A Global Strategic Business Report

San Jose, California (PRWEB) March 08, 2013

Follow us on LinkedIn – In this digitalized world, the need to ensure only authorized individuals gain access to such applications becomes absolutely critical. Most of the access control functions are becoming automated, for instance automated door opening at the entrance of offices and apartment houses, logging into an enterprise network/system, to even accessing ATMs, mobile phones, and debit/credit cards. Traditional security systems used for controlling unauthorized access, such as the age old lock and key mechanism, use of security guards at the entry point, security monitoring, intercom/communications, vehicle gate control, truck traffic control, and alarms, among others, have all been successful in ensuring restricted and safe access. However, these conventional means of access control have been rendered largely insufficient while combating emerging threats from new-age offenses such as identity theft, intrusions using fake IDs, tailgating among others, thus bringing the new-age card-based electronic access control systems in the limelight. Although not completely tamper proof, card-based access control systems scores over conventional password based access control systems for the simple reason that user credentials are kept hidden and users can just swipe or place the card in front of card readers instead of typing the user ID and password. Also, duplication of cards is not an easy task and demand high level of technology understanding.

Events of security infringement at key public places, enterprises, and infrastructure facilities truly underscore the need for ensuring safety and security, thereby prompting property owners and organizations to invest in advanced security solutions. Against this backdrop the card based electronic access control systems market stands to benefit. While surveillance/monitoring, violence control, alarm reporting and response mostly help in damage control exercises, ‘electronic access control’ takes building security a step further by eliminating the very possibility of security infringement by restricting entry only to those authorized to do so. Given its ease of use and convenience for people seeking access to a secure area, card based EACS are increasingly replacing the traditional frisking and manual verification of documents as primary physical access control procedure. Government buildings, corporate offices, banks, ATMs, infrastructure facilities, commercial and residential constructions, are some of the major application areas where card based access control systems are increasingly finding favor for physical access control.

Similar to their application in physical access control, card-based access control systems can also be applied for logical access control to computers, servers, and networks for granting access to only authorized individuals. Increasing use of wired and wireless networks to gain access to information reservoirs in organizations, both small and large has often been associated with security threats. Organizations are now focusing on enhancing their logical access control infrastructure with systems that can authenticate users in a secure environment and grants access to networked systems, thereby driving significant demand for card-based access control systems. In response to the new regulatory and market norms, government and private organizations are shifting to multifactor authentications and access control systems such as a combination of password with card-based EACS. These multifactor authentication processes would not only strengthen information security but also lower support costs.

Following 9/11 terrorist attacks in the US, new legislations aimed at enhancing security of data storage devices and computer networks managed by Federal Government were passed. Soon many countries followed suit investing significantly on technologies that help safeguard their critical information infrastructure. With most of the governments across the globe focusing on delivering public services electronically, government computing resources and networks have now turned into a repository of public information. Government agencies across the globe therefore are focusing on enhancing network security measures that grant users access to confidential details under government purview.

As stated by the new market research report on Card-Based Electronic Access Control Systems (EACS), the United States represents the largest regional market worldwide. Middle East is the fastest growing market with value sales waxing at a CAGR of about 13.2% over the analysis period. Smart cards represents the fastest growing product segment with value sales growing at a CAGR of about 10.7% over the analysis period. However, Proximity cards continues to represent the largest product segment.

Major players in the global marketplace include ASSA ABLOY AB, Bosch Security Systems, Inc., Gemalto, Gunnebo Ab, Ingersoll Rand PLC, NAPCO Security Technologies, Inc., Oberthur Technologies, PAC International Ltd., SAFRAN Group, and UTC Climate, Controls and Security, among others.

The research report titled “Card-Based Electronic Access Control Systems (EACS): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections for Card-Based Electronic Access Control Systems (EACS) (in US$) for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific, Middle East and Latin America. Key product market segments analyzed for Card-Based Electronic Access Control Systems (EACS) include Proximity Cards, Smart Cards, Legacy Technology-based Cards, and Others.

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Card_Based_Electronic_Access_Control_Systems_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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