7 Big Access Control Business Opportunities in 2023
From cybersecurity to securing unmanned facilities, here are the solutions and markets that will drive 2023 access control opportunities.
From cybersecurity to securing unmanned facilities, here are the solutions and markets that will drive 2023 access control opportunities.
Peter Boriskin, chair of the SIA Standards Committee and CTO at ASSA ABLOY Opening Solutions Americas, and Leo Levit, chairman of the ONVIF Steering Committee and director of systems integration at Axis Communications, will offer their perspectives on how interoperability standards have accelerated the growth of the security industry.
Smart home stocks fell an average of 32% in 2022. NAPCO, Vivint and ADT are among only five companies that had stock price gains last year.
Users can benefit from a single credential operation for both door access and the keys and/or equipment managed by Traka, which can be controlled by time and day on an automatic basis, with instant audit control reporting as and when required.
ASSA ABLOY sought the sale following antitrust concerns from the Department of Justice over its acquisition of Spectrum Brands’ Hardware and Home Improvement business.
The DOJ filed a complaint in September alleging that the merger would eliminate important head-to-head competition between ASSA ABLOY and Spectrum, severely impacting the premium mechanical door hardware and smart lock markets.
ASSA ABLOY says the acquisition of DoorBird will reinforce its IP door intercom offerings and provide complementary growth opportunities.
On the RISE is a column by SIA in partnership with SSI that profiles the next generation of security industry leaders. This month spotlights ASSA ABLOY’s Benji Bolick.
The U.S. Department of Justice says the acquisition would give ASSA ABLOY a near-monopoly in premium mechanical door hardware and more than a 50% share in smart locks.
ASSA ABLOY says the acquisition delivers on its strategy to reinforce its current offering within entrance automation.