Global Market Study on Pedestrian Entrance Control Systems: Multi-factor Authentication Features to Gain Traction


Pedestrian Entrance Control Systems  Market
  • Published On : Dec-2019 |
  • Pages : 285 Pages |
  • Format : Pedestrian Entrance Control Systems  Market Pedestrian Entrance Control Systems  Market Pedestrian Entrance Control Systems  Market Pedestrian Entrance Control Systems  Market

Increasing Adoption to Address Aggravating Security Concerns

Pedestrian entrance control systems are designed and programmed to identify, distinguish, and grant swift access to users having essential accredited permissions. Pedestrian entrance control systems monitor and regulate physical access to personnel and individuals while helping in optimizing and managing the flow of pedestrians to ensure safety and security.

Globally, increasing demand for enhanced pedestrian entrance control systems is being witnessed across both, commercial and residential sectors in correspondence to increasing crimes such as burglaries and thefts. To ensure security, various organizations and industries have started adopting and installing pedestrian entrance control systems (especially entrance gates, full-height turnstiles, speed gates, tripod turnstile, and others).

High demand for pedestrian entrance control systems will be registered by the education and hospitality industries. In the education industry, biometric access control systems are extensively used, as these can grant entry and manage attendance of students as well. In the healthcare industry, these pedestrian entrance control systems restrict the entry of individuals in certain restricted areas.

Reducing Dependency on Keys for Enhanced User Experience

The transition from key to keyless has reduced the stress related to issues associated with key-dependent entry control systems, such as misplacement of keys. It has further enhanced end users’ experience, as pedestrian entrance control systems are comparatively more efficient, faster in processing, and offer multiple options to unlock doors and remote accessibility. Attributed to these features, pedestrian entrance control systems are now widely adopted across all major industries. In addition to this, demand for enhanced security, higher living standards, and spending power of people are expected to drive pedestrian entrance control systems market growth.

Multi-factor Authentication Marking New Trend

Multifactor authentication is a security system that needs more than one step of authentication from separate class of credentials to authenticate users’ identity for entrance, access or login to a pedestrian entrance control system. This new trend of security includes authentication in two or more steps. These steps include swiping cards, scanning fingerprints, and finally answering security questions for access. Increasing security breaches in the present single-factor authentication pedestrian entrance control systems, organizations have started focusing on emerging and highly secure multi-factor authentication techniques. The new technology requires an individual to provide more than a single password for entrance, aiming to provide increased security. This is projected to surge growth of the pedestrian entrance control systems market during the forecast period.

For instance, NEC Corporation installed facial recognition biometric systems at 14 Brazilian airports, with the intention of enhancing efficiency and effectiveness associated with traveler screening. This improves both, overall passenger experience and security system of the airport.

Lack of Infrastructural Developments Longstanding Challenge to Market Growth

Emerging countries such as Brazil, India, and others lack infrastructural developments due to dearth of technology. As a result, this has limited the penetration of various pedestrian entrance control systems such as entrance gates, full-height turnstiles, speed gates, tripod turnstile, and optical turnstiles. This acts as a major restraint for the pedestrian entrance control systems market. Lack of awareness and knowledge related to technological innovations among customers may lead to complexity and also tend to hamper market growth.

North America Leading the Way

North America is witnessing increased adoption of pedestrian entrance control systems, owing to presence of large number of US-based users and significant players in the market. Moreover, government in this region is investing heavily in research and development of pedestrian entrance control systems, and is anticipated to propel growth of the market. In Western Europe, increasing adoption of pedestrian entrance control systems is being witnessed in the government sector to provide hassle-free access to authorized individuals, promote border management, and help in efficient management of workforce.

Analyst’s Viewpoint

A comprehensive view of the pedestrian entrance control systems market has led our analysts to conclude that the market is proliferating at a remarkable rate. Regions such as Western Europe and North America are holding a large part of the market. Regional expansion along with collaborations with other pedestrian entrance control systems providers are some strategies opted by key players to boost their sales. New product innovations and strong financial position of key market players will also give momentum to the pedestrian entrance control systems market.

Persistence Market Research (PMR) recently published a new research analysis on the pedestrian entrance control systems market for the assessment period 2019-2029. The research study on the pedestrian entrance control systems market offers a close look at the evolving aspects of the pedestrian entrance control systems market as well as the dynamics impacting market growth. The research study focuses on key developments that have made their mark in the pedestrian entrance control systems market and other developments that are on the cards. The report talks about various macro and microeconomic factors responsible for having an in-depth impact on the growth of the pedestrian entrance control systems market.

A direct market overview provides the growth scenarios and market potential with maximum precision, which is adjudged with suitable assumptions. The report features unique and relevant factors that are likely to have a significant impact on the pedestrian entrance control systems market during the forecast period. This report includes a detailed and considerable amount of information, which will help new manufacturers in the most comprehensive manner for better understanding.

Several stakeholders in the pedestrian entrance control systems market can rely on the data offered in this research study and delve into pragmatic decision-making. Moreover, information offered in the pedestrian entrance control systems market report also helps new market entrants expand their bases in the pedestrian entrance control systems market.

The report elaborates the historical and current trends molding the growth of the pedestrian entrance control systems market. The performance journey of the pedestrian entrance control systems market has been drawn and analyzed in way that the lucrative side of the market is evident to readers. The competitive landscape presented in the pedestrian entrance control systems market report gives a detailed outlook of profiles of key companies operating in the market, along with their differential strategies and key focus areas.

Pedestrian Entrance Control Systems Market: Segmentation

PMR’s research study on the global pedestrian entrance control systems market offers a detailed market taxonomy, wherein the key segments have been discussed in detail. The segmentation of the pedestrian entrance control systems market has been offered on the basis of solutions, operating mode, verticals, and region. Every segment has been analyzed in detail and data pertaining to the growth of each segment has been included in the study.

Solutions

Operating Mode

Verticals

Region

Access Type

  • Entrance gates
  • Full-Height Turnstiles
  • Optical Turnstiles
  • Security Doors
  • Speed Gates
  • Tripod Turnstiles

Manual

Airports

North America

Access Control Software

Automatic

Banking & finance

Latin America

Services

  • Consulting
  • Installation
  • Maintenance & Repair

Transportation systems

Western Europe

Education

Eastern Europe

Government Buildings

Asia Pacific Excluding Japan

Hospitals & healthcare

Japan

Industry

Middle East and Africa

Stadiums

Others

Pedestrian Entrance Control Systems Market: Key Questions Answered in Report

The research study on the pedestrian entrance control systems market offers inclusive insights about the growth of the market in the most comprehensible manner for better understanding of users. Insights offered in the pedestrian entrance control systems report answer some of the most salient questions that assist the stakeholders in gauging all the emerging possibilities.

  • How has the rapidly changing business environment turned into a major growth engine for the pedestrian entrance control systems market?
  • How ensuring compliance with industry regulations is boosting the pedestrian entrance control systems market?
  • What are the key trends that are constantly shaping the growth of the pedestrian entrance control systems market?
  • Which are the prominent regions offering plentiful opportunities for the pedestrian entrance control systems market?
  • What are the key differential strategies adopted by key players to command a significant chunk of the global market share?

Pedestrian Entrance Control Systems Market: Research Methodology

A unique and promising research methodology forms the base of the pedestrian entrance control systems market during the forecast period. The report has been prepared after a comprehensive analysis of the market happenings and then riveting insights have been compiled meticulously. The research methodology of the pedestrian entrance control systems market has been a two-step process that comprises of primary and secondary research. Key stakeholders, which include pedestrian entrance control systems manufacturers, suppliers, and distributors, have been interviewed and experts of several designations, including executive vice presidents, directors, service engineers, technical advisors, GM marketing professionals, and sales professionals.

Secondary sources referred to garner the report findings include investor presentations of manufacturers, World Bank, and many other credible sources.

Companies covered in Pedestrian Entrance Control Systems Market Report

  • SKIDATA AG
  • Godrej Security Solutions
  • Neptune Automatic Pvt. Ltd.
  • Advance Systems Access Control
  • Classic Access Control Pte Ltd

Pedestrian Entrance Control Systems Market

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