Market Share of Canada Access Control Industry
The Canadian access control market is highly competitive due to the presence of many key players established within national and international boundaries. The market appears fragmented, with the key players adopting strategies like product innovation and mergers and acquisition. Some of the major players in the market are Thales Group, Bosch Security System Inc., Idemia Group, HID Global, and Axis Communications, among others.
- In February 2024, BioConnect, a biometric authentication solution provider in Canada, launched its “Trusted Identity Service” featuring AI-based face Authentication for securing physical access points. The solution, anchored by an outdoor-rated Face Authentication Reader, sets new standards in overall value with its combination of performance, integration, and security.
- In February 2024, Hikvision launched its second-generation professional access control products. The new products and functionalities represent a significant leap forward in access management and include innovations for web management, flexible authentication, professional access applications, and converged and unified security solutions.
Canada Access Control Market Leaders
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Hanwha Techwin Co. Ltd
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Thales Group (Gemalto NV)
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Bosch Security System Inc.
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HID Global Corporation
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Honeywell International Inc
*Disclaimer: Major Players sorted in no particular order