The market of entry and exit control will pass the $10 billion in 2023

According to the latest market research report of Marketandmarkets, the market for entry and exit management reached $2.63 billion in 2016, and it is expected to pass the $10 billion mark by 2023. This speculation is mainly driven by the progress of the management technology of the import and export, as well as the movement control,  ACaaS and other factors, so that the entry and exit control solutions can be accepted by the market.

Report also pointed out that the access control card reader will grow rapidly in the future five years. As the credentials in the access control, card reader not only can verify the identity of visitors at the same time, but also can provide all kinds of physical resources, and it’s convenient for users to realize remote monitoring and operation through the mobile phones. At the same time, the market is hot, which promotes users' demand for sensor cards in the access control market.

In the commercial vertical aspect, enterprises, data center, bank, hotel, retail stores, places of entertainment, because of the existence of asset protection and counter terrorism rigid demand, will become an important vertical markets .

Access control markets in the Asia-Pacific region will be the fastest growth rate in the next five years. Import and export management system will cover in hotels, airports, banks, residential places. Besides, business, military, national defense, government, industry also promote access control markets to develop in Asia-Pacific region.
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