The global pedestrian entrance control systems market stood at US$ 1.6 Bn in 2016 and is estimated to expand with a CAGR of 5.1% from 2017 to 2025, according to a new market research report published by Credence Research “Pedestrian Entrance Control Systems Market.
The pedestrian entrance control systems market has been majorly driven by rising terrorist threats across the world. With increasing instances of terror attacks in major cities across the world, it has become imperative for various organizations and government bodies to deploy advanced physical security solutions to ensure public safety. In addition, technological advancements in security doors and speed gates have enabled organizations to deploy state of the art entrance control systems within facilities. Factors such as rapid response and higher accuracy of personnel identification have led to the growing popularity of advanced entrance control systems in some of the developed markets across the world.
Some of the factors driving the growth in the pedestrian entrance control systems market include rise of terror activities across the world. With increasing threats and rising vulnerability of various buildings and facilities, there has been growing investment towards ensuring physical safety. In addition, it has become crucial to deploy advanced security solutions to strengthen public confidence and ensure social harmony. Thereby, the overall pedestrian entrance control systems market is expected to grow due to increasing government and commercial budgets towards public safety during the forecast period.