Cloud-based Access Control in the Middle East as a Growth Opportunity
The cloud-based access control went from an estimated value of $20.38 billion in 2022 to $22.94 billion in 2023, with a CAGR of 12.6%, proving that it is rapidly growing in the market, according to a recent industry report mentioned in an IFSEC Insider article.
The majority of the total value is a contribution from the North American, European, and Asia-Pacific regions, but experts and industry watchers recognize the potential that the Middle East holds.
The region is familiar with modern technology, including the expanding demand for cloud-based access control systems. The recognition of the benefits of the cloud was inevitable in this digitally transformed region.
The security enhancements were, as stated in the article, one of the key growth drivers: cloud-based security systems store data and operate remotely, as opposed to traditional control systems which are based in physical environments, thus posing a large security threat. The advantages of such a system are obvious: better security is crucial for businesses and institutions that aim to protect sensitive information.
Biometrics and multi-factor authentication are considered as a further advantage of cloud-based access control systems. They act as an extra measure of protection against threats, such as unauthorized access.
Cloud-based systems provide an excellent solution for the dynamic economy of the Middle East, where scalability and flexibility are crucial for different enterprises. The cloud-based systems provide the flexibility that businesses need, enabling them to expand and grow as soon as they are needed in new locations. The adaptability is unmatched, providing companies with the opportunity to manage access control across different locations all from the center, thus moving on from the traditional administrative procedures.
Similarly, this type of access control enables businesses and organizations to remotely manage and monitor security systems from any place, as long as they have an internet connection. It enables a quick response to any potential security threat.
Furthermore, the cloud-based access control systems do not require hardware and maintenance costs – companies can choose a subscription-based pricing model, paying only for the services they need.
To make matters even more practical, cloud-based access control systems are meant to be flawlessly integrated with other digital solutions in order to create an ecosystem of innovation.
It is an especially notable feature, considering the nature of the Middle East region, the home to smart cities and IoT initiatives. The cloud-based control systems can be integrated with surveillance, building management, and mobile apps.
Cloud-based access control systems are also designed to comply with data protection and privacy regulations, such as the EU’s GDPR. It offers data encryption and audit trails, making sure that the companies meet regulatory obligations.
The unstoppable urbanization of the Middle East region leads to a strong focus on security solutions, which is why understanding its market and unique dynamics is crucial for an effective analysis of control access opportunities, decision-making, and effective market strategies, as concluded in the IFSEC Insider article.