IHS estimated that the overall growth for the access control industry will be 8.8% in 2015. The experts expected the access control market to grow internationally, especially in Southeast Asia where the markets develop commercially.
While access control has been applied to different sectors, growth is set to be particularly noticeable in certain vertical markets, namely education, healthcare, residential, utilities, and SMBs. Located in the heart of Asia, Secutech annually hosts more than 2,000 international visitors, with 60% coming from Asia. In the Secutech 2015, Southeast Asia's delegation highlights on Singapore, Thailand, and Vietnam, reflecting the booming security markets in these areas.
Demands for luxury condos and apartments are foreseeable, particularly in Southeast Asia, as Blake Kozak, Senior Analyst at IHS indicated. In line with the rising market, the 18th Secutech hosts suppliers in access control to present full range of the product line-ups, including control panels, readers, locks, biometrics, and automation systems. Be sure to discover these best yearly-launched showcases!