According to a recent report, the global electronic access control systems market was valued at USD 15,406.1 million in 2013. This is expected to grow at a compound annual growth rate (CAGR) of 12.6% through 2019, putting the market at an estimated value of USD 31,187.8 million by that time.
Security has become an increasing concern for individuals and businesses over the years due to vandalism, violence in public places and terrorist attacks. City centers and educational institutions and government organizations have all prioritized security as a major concern going forward. Electronic access control (EAC) features high accuracy, convenience, and time efficiency – all of which have made these systems a quality option in this modern age.
As criminal activity becomes more sophisticated, access control systems must changed and adapt maintain safety and security – thus fueling growth for the foreseeable future. If you or your business is in need of an EAC in Maryland, Virginia or Washington, DC, contact NGSC today to go over all of your options!