Access control service, is a cloud-based service providing authenticating and authorizing users to gain access to web applications and services facilitating application development, authorization claims, and lower number of authentication. The global access control as a service (ACaaS) market is anticipated to grow at a CAGR of 17 % during the forecast period of ending 2022.
Growing Functionality And Support Is Driving Faster Market Adoption
Attractive benefits of ACaaS such as integration and support for popular web identity providers such as Windows Live ID, Google, Yahoo, Facebook, and others is a strong driver of the market. The growing functionality has resulted in growing strength of integration and support from WS-Trust, OAuth 2.0 and WS-Federation protocols. ACaaS has extended support to a host of languages such as SAML 1.1, SAML 2.0, Simple Web Token (SWT) and JSON Web Token (JWT). Ease of use is demonstrated by its browser-based management ability and its supports to all modern web platforms such as .NET Framework, PHP, Python, Java, and Ruby.
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Major Key Players
Microsoft Corporation (U.S.),
Datawatch Systems Inc. (U.S.),
AIT Ltd. (U.K.),
Cisco Systems Inc. (U.S.),
Cloudastructure Inc. (U.S.),
Jhonson controls Inc.. (U.S.),
M3T Corporation (U.S.),
Centrify Corporation (U.S.), IBM Corporation (U.S.) and Symantec Corporation (U.S.) among others.
The global Access Control As A Service Market is expected to grow from USD ~0.50 Billion in 2016 to USD ~1 Billion by 2022, at an estimated CAGR of 17%.
Growing Deployment Of Web-Based Software As A Service (Saas) Models Is Expected To Drive An Upward Demand
Increasing adoption of software as a service (Saas) and the growing need for security and end-user experience is a prime driver of the market. The access control as a service helps in enhancing end-user privacy and offers flexibility for accessibility of data. It also helps mitigate concern of losing control over outsourced data and security & storage of the data.
Attractive Economics To End Users Is Expected To Drive Faster Market Adoption
Attractive benefits such as minimal upfront costs, monthly subscription fee, lower maintenance costs, remote support, customizability, convenient security, and assistance coupled with the flexibility of time and space of accessing data is a prime driver of the market. Thus, the benefit of pay as you go and only for your needs is a strong driver of the market.
North America dominates the market owing to growing adoption, and unified pricing offered by dealers of ACaaS. Europe is expected to be dominated by Germany, France, and the U.K. The presence of significant players and rapid uptake of latest technology coupled with their first comer advantage is driving the market. Asia-pacific is expected to be the fastest growing region led by Japan, China, and India.
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- Biometric device manufacturer
- System integrator
- Consultancy firms
- Government institutions.
- Security equipment manufacturer
- Middleware provider
- Access control systems service providers
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