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Cloud-based access control services hold enormous growth potential

Posted by on December 13, 2014 in Blog | Comments Off on Cloud-based access control services hold enormous growth potential

Cloud-based access control services hold enormous growth potential

According to a new report from IHS, the global market size for Access Control-as-a-Service (ACaaS), which consists of cloud-based hosted and managed access control solutions, is expected to exceed $530 million by 2018 and $1.8 billion by 2025. Just three years ago, however, the market for ACaaS in the Americas was only estimated to be worth about $120 million. IHS said it expects global adoption of cloud and virtualization in other sectors outside of security to help spur this substantial growth increase.  Read the article

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