Access Control Market in Asia Pacific Grows at a 20% Annual Growth Rate

Parul Oswal, Frost & Sullivan's industry analyst for the Asia-Pacific region, said: "It is estimated that the market size of the access control market in the region in 2008 reached approximately $800 million to $1.0 billion, including contactless cards and readers, control of keyboards, and biometrics. Products, controllers and integrated readers, software, etc. According to forecasts, from 2008 to 2015 the market will continue to grow at an annual growth rate of nearly 20%.

Oswal said that it is estimated that the market size of the video surveillance market in the region will reach more than US$1 billion in 2008, including cameras, video servers, NVRs, DVRs, and monitoring software. The market will maintain an annual growth rate of over 23% annually. In 2015, the market size will be five times now.