Monday, November 22, 2021

Mobile Access Control Platform Market to Witness Exponential Growth by 2031

 

Mobile Access Control Platform Market: Introduction

  • Mobile access control platform market utilizes mobile phones, tablets, smartphones, and wearable electronics devices to function as a user’s identification in order to enter offices or other business facilities.
  • Companies are encouraging the BYOD (bring your device) trend among employees and mobile access control is proving to be a great tool to add an extra layer of security to any organization. Currently, mobile devices even support biometric authentication without the need to invest in expensive biometric readers.
  • Previously, in offices, staff used to open the door using their badges (Magstripe, RFID, or other technology), and biometric, and/or PIN, credentials; now a days in smartphones credentials are given to the authorized person.
  • Adoption of mobile access control platforms is expected to increase among end-users as it saves the operational cost for companies in the installation of biometric technology

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Mobile Access Control Platform Market: Dynamics

Mobile Access Control Platform Market: Key Drivers

  • A mobile access control platform offers access to secured rooms and buildings by just using a mobile device. The system provides office managers and building with cost-effective solutions for effectively manage identification credentials. This simplicity and accessibility make mobile access controls an undeniably promising substitute to physical cards.
  • The mobile access control platform simplifies the system for the user. The user doesn’t have to worry about losing his or her key card or fob, and the user also doesn’t need to worry about the magnetic strip on a keycard getting demagnetized. The mobile access control platform technology is also used in hotel rooms so that it can be easy for the user to access the room with a mobile device.
  • The mobile access control platform provides credentials to the customer’s mobile devices digitally. This data is encrypted to protect each user’s credentials and identity. The authority can remotely manage to allocate credentials and revoke them in real-time.
  • Previously, if a new person entered into an offices or it premises, he was given a visitor card that provided access to the premises; however, presently, the authority can digitally assign more credentials to the individuals who need them.

Impact of COVID-19 on the Mobile Access Control Platform Market

  • Most companies are adopting the work-from-home module during the pandemic period. Companies are decreasing their investment in new technologies and services to manage revenues. Most small businesses closed their business process due to lack of funds to sustain in the market.
  • Demand for mobile access control platform declined during the COVID-19 lockdown situation; however, it is expected to increase after the pandemic situation due to an increase in dependency on cloud-based solutions and services in the commercial sector.

North America to Hold Major Share of Mobile Access Control Platform Market

  • In terms of region, the global mobile access control platform market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
  • North America holds a prominent share of the global mobile access control platform market due to the presence of leading players and early adoption of advanced technologies and services in different industries in the region

Key Players Operating in the Global Mobile Access Control Platform Market

  • Proxy Technologies, Inc.

Proxy Technologies, Inc was incorporated in 2016 and is headquartered in California, U.S. The company developed a smartphone-powered worldwide identity signal. The company permits people to securely validate to any device and service. The company also offers a smart meeting room, automatic visitor check-ins, workstations and responsive desks, and seamless conference activation.

  • Openpath Security, Inc.

Openpath Security, Inc. was incorporated in 2016 and is headquartered in California, U.S.  The company develops and designs software and hardware solutions. The company delivers mobile-enabled cloud-based access control systems with remote management solutions and commercial-grade keyless entry.

Other key players operating in the global mobile access control platform market include Nok, Inc., Unlikely Technologies, Inc., Remotelock, Salto System, Brivo Systems LLC, BlueID, Kisi, Inc., and YPTOKEY

Mobile Access Control Platform Market: Research Scope

Mobile Access Control Platform Market, by Technology

  • NFC
  • Bluetooth

Mobile Access Control Platform Market, by Application

  • Commercial
  • Offices
  • Automotive
  • Others

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This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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