North America Pin-based Access Control Market

North America Pin-based Access Control Market Analysis

The North America Pin-based Access Control Market size is estimated at USD 0.83 billion in 2025, and is expected to reach USD 1.08 billion by 2030, at a CAGR of 5.3% during the forecast period (2025-2030).

• The increasing privacy and security concerns and the increasing theft of crucial data and information contribute to the market's growth. The number of terrorist activity and rising crime rates have increased in the region in the past few years. This has heightened concerns about the safety of people, assets, and processes, resulting in severe damage to infrastructure and the loss of multiple lives.
• Furthermore, pin-based access controls are easily scalable, making them suitable for SMEs who want to secure their data without spending extra money. Several pin-based access control systems can track who accessed a particular area along with time. These systems are often compatible with the existing infrastructure, making them a convenient choice to integrate into older security systems.
• The number of burglaries and crimes has increased worldwide in the past few years. This has heightened concerns about the safety of people, assets, and processes, resulting in severe damage to infrastructure and the loss of multiple lives. According to The Council on Criminal Justice (CCJ), motor vehicle theft, a crime that began surging in the summer of 2020, maintained its upward trend through 2023, with a 29% increase in reported thefts compared to 2022 in the United States.
• Meanwhile, residential burglary rates across cities in the United States were 26% lower in 2023 compared to 2019, and they saw a 3% decline in 2022, marking a reduction of 1,052 incidents. Residential burglary dropped by 4% in the first half of 2023 and by 1% in the latter half compared to the same periods in 2022. There are many technologies that can help in decreasing the crime rate. One of them is pin-based access control.
• The necessity for strict identity verification due to the accelerating adoption of transactional technologies is increasing the demand for biometrics access controls, which consumers prefer over traditional pin-based access control, hindering the market's growth. The integration of other access control systems, such as biometrics and facial recognition, is expected to restrict the market's growth. The ongoing development in technology and growing preferences for contactless access control are expected to hinder the market's growth.
• Rising inflation rates have increased the cost of goods and services, including pin-based access control systems. Higher costs lead to reduced purchasing power for consumers and businesses, slowing down the market's growth. Further, the ongoing war between Russia and Ukraine has disrupted the global supply chain, particularly affecting the availability and cost of electronic components and raw materials used in pin-based access control systems. This is leading to delays in production and increased costs for manufacturers.

North America Pin-based Access Control Market Trends

The Large Enterprises Segment is Expected to Hold a Significant Share in the Market

• Access control systems are now the go-to choice for regulating entry into commercial buildings, offices, and businesses. These systems can be tailored to limit access to IT rooms housing sensitive data. The market for access control systems is poised for growth, driven by a rising emphasis on safety, a surging demand for advanced access control, and the uptake of these systems by large enterprises.
• Given that commercial door lock systems with keypads offer heightened security by eliminating the need for physical keys, many property owners and senior managers regularly change the PIN codes. This practice ensures that only authorized personnel can enter the premises.
• Capitalizing on technological progress, numerous firms are now fusing keypad access control with mobile credentials, leveraging Wi-Fi, Bluetooth, and near-field communication. By pairing an IP-capable keypad reader with a mobile app, users can directly input a unique PIN from their smartphones, enabling touchless entry management.
• As smartphone sales surge in the region, the demand for pin-based access control integrated with mobile applications is set to rise. In 2023, the US Census Bureau reported smartphone sales reaching a value of USD 74.7 billion. These systems offer cost-effective means for building and office managers to handle identification credentials.
• While the traditional time and attendance tracking method was straightforward, it often led to costly errors and inefficiencies. Employees had to manually fill out timesheets, a process prone to mistakes, and businesses are transitioning to advanced pin-based attendance systems to address this. These not only bolster security but also help prevent theft and data breaches. Moreover, they enable companies to monitor employees closely, restricting lower-level access to safeguard organizational privacy.

The United States is Expected to Hold a Significant Share in the Market

• The United States is an early adopter of access control systems owing to the presence of several larger market players. Commercial verticals, such as financial centers and banks, enterprises, hotels, malls, and retail stores, have adopted pin-based access control systems in the United States. Furthermore, several offices have made it mandatory for their employees to use pin-based access control to enter the IT premises and use the systems that are assigned to them.
• Financial institutions are using sophisticated technology and monitoring techniques to ensure user safety while offering the convenience of online banking. With increasing thefts, banks have integrated multi-factor authentication, such as PINs, passwords, and biometric authentication. The substantial increase in data breaches in the country is increasing, and pin-based access provides users with another layer of security to secure themselves.
• Companies in the country are making strategic moves to expand their products and strengthen their market presence. For instance, in February 2024, Hikvision unveiled its second-generation professional access control products. These new offerings mark a substantial advancement in access management, introducing innovations in web management, flexible authentication, professional access applications, and unified security solutions.
• In 2023, a recent report, cosponsored by AARP, revealed that American adults collectively fell victim to identity fraud, resulting in a loss of USD 43 billion, and of this, USD 23 billion was attributed to traditional identity fraud. The increasing number of identity thefts is increasing the opportunity for the usage of pin-based access control authentication.
• As the popularity of physical and cyber security systems continues to increase, several industries are implementing multi-factor authentication policies to reduce severe security breaches. According to Avilgilon's research, multi-factor authentication can prevent up to 90% of attacks that cause property access passwords to be compromised.

North America Pin-based Access Control Industry Overview

The North American pin-based access control market is fragmented and consists of several players. Companies in the market continuously try to increase their market presence by introducing new products, expanding their operations, or entering into strategic mergers and acquisitions, partnerships, and collaborations. Some of the major players are Johnson Controls, Salto Systems SL, HID Global Corporation, Hangzhou Hikvision Digital Technology Co. Ltd, and Thales Group.

• June 2024: Salto Systems launched its latest innovation: the Design XS Keypad Wall Reader series. This cutting-edge product has a sleek design suitable for any environment, with a significant advancement in access control technology. Crafted for seamless operation with physical credentials and mobile access, the reader features a robust, long-lasting keypad.
• February 2024: Hikvision introduced its latest line of professional access control solutions, marking a notable advancement in access management. These innovations encompass enhanced web management, a range of authentication methods, specialized access applications, and integrated security solutions. Notable products in this release include the DS-K1T805 and 502 series, known for their vandal-proof design, and they offer a variety of authentication options: PIN codes, fingerprints, and mobile credentials.

North America Pin-based Access Control Market Leaders

North America Pin-based Access Control Market News

• March 2024: Yubico unveiled an extension to its YubiKey Bio Series, introducing multi-protocol keys that bolster biometric authentication for FIDO and Smart Card/PIV protocols. These new keys, like their predecessors, feature a fingerprint sensor, facilitating secure and hassle-free biometric and PIN-based logins on various devices and platforms. Notably, the multi-protocol keys provide enhanced adaptability for enterprises, particularly when integrated with the HYPR platform.
• June 2024: Salto Systems launched its latest innovation: the Design XS Keypad Wall Reader series. This cutting-edge product has a sleek design suitable for any environment, with a significant advancement in access control technology. Crafted for seamless operation with physical credentials and mobile access, the reader features a robust, long-lasting keypad.