The recurring monthly revenue (RMR) business model has become a chief indicator of long-term profitability and increased business valuation for installing security contractors. Access Control as a Service (ACaaS), with its steadily increasing market penetration the past few years, is enjoying rising prominence under the RMR opportunity spotlight.
Various market research reports generally have the sector growing at a compound annual growth (CAGR) of around 15 percent, and an estimated global market size that is expected to easily surpass $2 billion by 2028.