Physical access control – a growing market
Working from home, flexible working time models, digital business models – our worlds of living and working are increasingly tailored to the changing needs of the market, and the workforce in particular. The result: Work environments, together with the management of access and access rights, are becoming much more challenging. In addition, there are growing threats from the outside. Companies, airports, hospitals, utilities and public institutions: They all need to modernize their access infrastructures and data management. Not surprisingly, the market for physical access control systems continues to grow. Market researchers at MarketsandMarkets expect the global PAC market to grow at an annual rate of 7.8 percent to USD 15.2 billion by 2029.
Access solutions based on radio technologies such as RFID (Radio-Frequency Identification), NFC (Near Field Communication) or BLE (Bluetooth Low Energy), which are also used as robust, future-proof access solutions thanks to their flexibility and expandability, have proven themselves in the market.