Access Control And Authentication Market Size Growing At

The Global Access Control and Authentication Market Size collected USD 14.4 Billion in 2022 and is set to reach USD 37.2 Billion by 2032, growing at a CAGR of 11.4%. The growth is driven by the increasing adoption of biometric technologies for identity verification and authentication purposes, as well as the increasing demand for secure and efficient access to patient records and medical equipment in the healthcare sector. The Asia Pacific region is expected to be the fastest-growing market for access control and authentication. Key players in the access control and authentication market include Assa Abloy, Honeywell International, and NEC Corporation.