Digital Door Lock System Market
Digital door lock system market refers to the electronic operated physical access systems that have found significant traction over the past decade owing to the increasing concerns for the safety and security of the personal, private, and organizational assets. Moreover, these system are excessively used in enterprises and other business activities to keep track of the information regarding the person entering or exiting working place.
Ask for detailed Sample of this Research Report @
Increasing IoT and connectivity, proliferation of internet enabled devices that feature multi device support will continue to drive the industry growth
Growing industrialization, considerable development of operations and service units of enterprises across countries, and growing demand for security solutions in the residential sector are some of the prominent factors fueling the growth of digital door lock systems market. Incorporation of motion-activated camera, two-way audio communication, and -video surveillance, are some of the other features that have led to considerable increase in the growth of the digital door lock system market globally. These systems account for the largest share of the revenues predominantly owing to the large scale adoption of fingerprint sensors in the commercial and government end-use segments. This system can be programmed to provide access to any required number of individuals. Moreover, low ownership cost, easy availability, accurate information processing, and no requirement of additional objects to provide access will continue to drive the revenues.
Europe dominated the global digital door lock system market size in terms of both volume and value in 2016.
Europe held the largest industry share in 2016. This is owing to the high living standards, considerable demand in the residential segment for security purposes, and high adoption of technology of population in this region. Increased business activities, high urbanization rates, and high spending capacity of population in emerging economies of Asia Pacific is expected to present unprecedented demands in the region. China, India, South Korea, Pakistan, and Japan are expected to remain the prominent target countries of these solution providing participants. Increasing number of terrorist activities in these emerging nations in conjunction with a large number of infrastructure investment activities is expected to provide considerable demand for security in the government end use segment over the forecast period.
Key Players operating in the Global Digital Door Lock System Market
Key players operating in the global digital door lock system market include ABB, Cisco Systems, Inc., Hanman International Pte Ltd., Nestwell Technologies, Allegion PLC, Godrej & Boyce Manufacturing Company Ltd., Hitachi Ltd., Panasonic Corporation, United Technologies Corporation, Assa Abloy Group, Wintec Electronic Tech Co. Ltd., Vivint, Inc., Xeeder Technology Co. Ltd., Tyco International Ltd., and Honeywell International Inc.
Request for Table of Content of this Report @
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Coherent Market Insights
1001 4th Ave,
Seattle, WA 98154
Visit our news Website : http://www.coherentchronicle.com
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Door Lock System Market here
News-ID: 1037079 • Views: 544
More Releases from Coherent Market Insights
Ethyl Mercaptan Market: Strengthening Demand for Effective Industry | Arkema S.A …
The organosulfur compound ethyl mercaptan, also known as ethanethiol, is a clear toxic liquid with a distinct odour that was named the world's stinkiest substance in the Guinness Book of World Records in 2000.The scope and objective of the study are included in the Ethyl Mercaptan Market research report. In addition, the report highlights the report's key market segments and players. It also discusses industry trends, with an emphasis on
Gamma Polyglutamic Acid Market To Steal Growth Being Into A Frenzy Of Innovation …
The amino acid glutamic acid is bipolymerized to form polyglutamic acid. Peptide bonds form between the glutamic acid amino group and the carboxyl group at the end of the glutamic acid side chain in gamma polyglutamic acid. The scope and objective of the study are included in the Gamma Polyglutamic Acid Market research report. In addition, the report highlights the report's key market segments and players. It also discusses industry
PVC Packaging Materials Market Insights, Shaping A New Growth Cycle: 2028 | Reli …
Due to its properties such as light weight, good impact strength, resistance to oil, grease, and chemicals, and others, polyvinyl chloride (PVC) packaging material is used in a variety of end-use industries such as personal care, food and beverages, medical, and others.The scope and objective of the study are included in the PVC Packaging Materials Market research report. In addition, the report highlights the report's key market segments and players.
Flax Crop Market Growth with Worldwide Industry Analysis to 2027| Schweitzer-Ma …
Flax, often known as common flax or linseed, is a crop grown primarily in milder climates around the world. The scope and objective of the study are included in the Flax Crop Market research report. In addition, the report highlights the report's key market segments and players. It also discusses industry trends, with an emphasis on market use cases and top market size by region, as well as market trends
More Releases for Tech
Tech meets insurance
RISK ALLIANCE DIRECT to be first to provide digital law firm, Epoq Legal's new UK 'Business Risk Protection' (BRP) InsurTech bolt-on for SME insurance. Understanding the needs of the everchanging insurance landscape, the call for innovation is continual. There are few online products already on the market that could be beneficial to SME's. And now, in these unprecedented times, the call has been heard by one of the UK's large regional
ESET joins Cybersecurity Tech Accord
It was over thirty years ago that the founders of ESET created the first version of the now globally recognized antimalware product used on over 110 million devices in homes, workplaces and on mobile devices. Their commitment, and that of everyone at ESET, is as strong today as it was back then, which is the reason ESET has partnered with more than thirty other technology companies and joined the Cybersecurity
Global Chemical Milling Market 2018 - Tech-Etch, Orbel, Tech Met
Apex Market Reports, recently published a detailed market research study focused on the “Chemical Milling Market” across the global, regional and country level. The report provides 360° analysis of “Chemical Milling Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Chemical Milling on
TELERAD TECH Private Limited
TELERAD TECH Private Limited Telerad Tech has been founded by a group of technology innovators and eminent radiologists with the focus to develop products and solutions to address the gaps and needs of Healthcare IT in general, and radiology automation systems in particular. Having partnered with leading a tele-radiology institute and led by technologists with background in developing and deploying automated solutions, Telerad Tech has the best mix of domain understanding
Algoworks’ Partnership With Tech Giants
Algoworks was recently associated with Cloudera as Cloudera SI partners, among other partnerships that the firm has achieved. The founders of the company shared their glee on coming so far in the duration of ten years. As the co-founder of Algoworks, Ajeet Singh says, “Our acute finesse in CRM technologies like Salesforce has assisted us in becoming the Salesforce registered consulting partners. Our unmatched excellence in ECM technologies also earned us
Tech Support: Influencing IoT Adoption
ReportsWorldwide has announced the addition of a new report title Tech Support: Influencing IoT Adoption to its growing collection of premium market research reports. This report examines the actual and perceived complexities and security risks that may serve as barriers to adoption of smart home and other emerging connected devices. It highlights the impact of these concerns and examines support strategies designed to overcome them. The report forecasts the technical support needs generated