Global Access Control Market to Hit $15.8 Billion by 2030, Driven by IoT and Cloud Adoption
The global access control market is projected to grow from USD 10.62 billion in 2025 to USD 15.80 billion by 2030, achieving a compound annual growth rate (CAGR) of 8.3%, according to new data from MarketsandMarkets. The expansion is fueled by the widespread adoption of IoT-enabled security systems and cloud-based platforms that improve automation, scalability, and cost efficiency.
The shift toward Access Control as a Service (ACaaS) is a major driver of this growth. Hosted ACaaS solutions eliminate the need for heavy on-premises infrastructure, allowing organizations to centrally manage access rights across multiple sites. This model offers greater flexibility, real-time updates, and reduced maintenance costs. Analysts highlight solutions like Identiv’s Freedom Cloud as examples of always-available, resilient systems that ensure uninterrupted operations.
Key sectors fueling ACaaS adoption include oil and gas, pharmaceuticals, power, and water treatment, where secure and scalable access control is essential to protect critical infrastructure.
The residential market also represents a strong growth opportunity, with increasing demand for electronic locks and video surveillance systems driven by home automation trends and rising concerns over burglary and personal safety. Advanced access control systems are becoming integral to smart home ecosystems, offering homeowners greater control and protection.
North America remains the largest regional market, led by robust demand for cloud services, mobile access control, and biometric authentication. Organizations across commercial, government, and enterprise sectors are embracing these technologies to enhance security and efficiency. Major initiatives by U.S. agencies such as the Department of Defense and Department of Homeland Security continue to drive adoption of fingerprint and multi-technology readers.
Leading global players shaping the access control landscape include ASSA ABLOY, Dormakaba, Johnson Controls, Siemens, UTC, Allegion, Honeywell, Hirsch, Nedap, Suprema, Keenfinity, and Thales. Collectively, their innovations are propelling the market toward a more secure, connected, and passwordless future.
