According to Market Research Future (MRFR), the global digital door lock systems market is
expected to reach USD 14 billion with a CAGR of approximately 33% from
2017-2023 (forecast period). The report illustrates the market opportunities
and market implications that arose as a result of the COVID-19 pandemic.
Digital door lock systems are used for the safety and
security of personal, organizational, and professional assets. Digital lock
systems are used in a variety of workplaces, such as residential, companies,
and government offices around the globe. There are many forms of digital door
lock systems available on the market, such as fingerprint recognition, voice
recognition, face recognition, and some others.
Market Dynamics
Increasing demand for improved home security solutions is a
crucial driver of the growth of the market for digital door lock systems. Growing
demand for reliable and cost-effective digital door security systems and
solutions at the workplace is also one of the vital factors driving the growth
of the global market for digital door lock systems.
Key Players
Some of the industry giants in the global digital door lock
systems market are Hanman International Pte Ltd. (Singapore), Hitachi Ltd.
(Japan), Nestwell Technologies (India), Cisco Systems, Inc. (U.S.), Godrej
& Boyce Manufacturing Company Ltd. (India), Allegion PLC (Republic of Ireland),
Panasonic Corporation (Japan), Wintec Electronic Tech Co. Ltd. (China), Assa
Abloy Group (Sweden), United Technologies Corporation (U.S.), Vivint, Inc.
(U.S.), Xeeder Technology Co. Ltd. (China), Honeywell International Inc.
(U.S.), Siemens AG (Germany), and Tyco International Ltd. (Republic of Ireland)
among others.
Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/5135
Market Segmentation
The global market for digital door lock systems has been
segmented into type and end-user.
·
Based on
the type, the global digital door lock systems market has been
segmented into biometrics and keypad. The biometrics segment is further divided
into face recognition, iris recognition, palm recognition, voice recognition,
signature recognition, and fingerprint recognition. The biometrics segment is
expected to witness the highest market share of the digital door lock systems
market and is also expected to rise at the highest pace over the forecast
period due to the growing deployment of high-level security solutions.
·
Based on
the end-user, the global digital door lock systems market has been
segmented into commercial, residential, industrial, and government.
Regional Analysis
Region-wise, the global digital door lock systems market has
been segmented into Asia Pacific, North America, Europe, and the Rest of the
World.
The North America region gained the largest market share in
the world, followed by Europe and the Asia Pacific. The U.S. and Canada control
the North American market due to growing technological advances and increasing
demand for safety and security in the region. In addition, the area has a
well-established infrastructure that allows for faster deployment of advanced
technologies. In addition, the increasing adoption of convenient safety
solutions is another primary driver of the expansion of the digital door lock
systems market in the region.
Get More Information: https://www.marketresearchfuture.com/reports/digital-door-lock-systems-market-5135
TABLE OF CONTENTS:
1.
Market Introduction
2.
Research Methodology
3.
Market Dynamics
4.
Executive Summary
5.
Market Factor Analysis
6.
Digital Door Lock Systems Market, By Segments
7.
Competitive Analysis
Continued…
About Us:
At Market Research Future
(MRFR), we enable our customers to unravel the complexity of various industries
through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR),
Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research
& Consulting Services.
Contact Us
Market Research Future
Office No. 528, Amanora
Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
No comments:
Post a Comment