Market Trends of US Access Control Industry
This section covers the major market trends shaping the US Access Control Market according to our research experts:
The Healthcare Sector to Hold the Major Market Share
- Security is a crucial concern for healthcare systems that contain sensitive data, like the Electronic Patient Record (EPR). Access control is at the heart of this concern. While healthcare personnel needs access to the right information at the right time to provide the best possible care, it is also essential to ensure patient privacy. In terms of end-user applications, the healthcare sector is anticipated to encourage technological transformation within the United States. Critical health information can be connected to a duplicate medical record or an inaccurate one. This changes the patient’s safety and reputation of the hospital.
- The growing number of data breaches in the United States healthcare industry is giving rise to the adoption of biometric scan software. In 2018, Qualcomm Life, ForgeRock, Sparsa, Arm, Philips, and US TrustedCare announced that they had teamed together to establish “OpenMedReady," a standards body converging on ensuring that the patient data used by healthcare practitioners is correct. They indicated smartphone-based fingerprint recognition is expected to be a fundamental element in their framework as a way of matching medical data directly to patients.
- Controlling the way to private health records is a significant way of intensifying the overall security of patient data. Therefore, by assuring that only the certified and required personnel are granted access to sensitive data; thus, this decreases the risks of data breaches and theft. Multi-factor authentication, which mandates users to confirm their identities through two or more validation methods, is among the most-recommended ways a healthcare sector can use.
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Increasing Crime Rates Due to Urbanization is Driving the Market
- Access control systems perform a significant role in urban security by enabling end-users to exert greater control over their areas. The most efficient way of protecting personnel and assets from theft or harm is limiting physical and virtual access to only those who can be identified and assessed. Advanced access control systems automate this process with techniques, like encrypted communications, which allow authentication through credentials, biometrics, and mobile devices.
- Modem centers present a meeting point of people from diverse walks of life, having no connection with one another. Like other problems, the problem of crimes grows with the progress in urbanization. The expanding trend in urban crimes tends to disturb the peace and tranquility of the cities and make them unsafe to live in, especially for women.
- The country's urbanized regions have made impressive progress in advancing their security systems, government buildings, IT hubs, and commercial spaces. Moreover, due to the rising crime incidents in the country's urban areas, several commercial premises such as IT companies, enterprises, data centers, etc. are installing access control systems to protect personnel and data breaches and to record employees' entry and exit timings.
- Due to growing cyber and malware attacks in the urban regions, many governments and security companies are forced to heighten security features in their businesses through the deployment of biometric and RFID technologies. Thus, this is further adding to the overall growth of the US access control market.
- The United States accounts for a significant portion of the global demand for access control systems due to urbanization, as the users in the United States, that are mainly targeted are the employees, who have administrative access to organizational policies, providing hackers complete access to the systems.
