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Global Digital Door Lock Systems Market | Global Growing Industry - Cisco Systems, Inc., Onity Inc., ADT Inc., Assa Abloy Group, Vivint, Inc., Allegion PLC, Godrej & Boyce Manufacturing Co. Ltd., Honeywell International Inc., Panasonic Corporation, Johnso

10-04-2018 12:08 PM CET | Industry, Real Estate & Construction

Press release from: MRRSE

MRRSE

MRRSE

A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Digital Door Lock Systems Market – Global End Use Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview. The report anticipates that Digital Door Lock Systems Market would rise at a positive CAGR during the period 2018-2026.

For More Information Request Free Sample on Digital Door Lock Systems Market Report @ https://www.mrrse.com/sample/17260

The global digital door lock systems market is segmented by type into biometrics and keypad locks. Biometrics segment can be further divided into face recognition, iris recognition, palm recognition, voice recognition, signature recognition, and fingerprint recognition. The biometric segment is anticipated to occupy major revenue share by 2026 owing to the widespread adoption of advanced security solutions by commercial as well as residential consumers.The keypad segment can be divided into magnetic stripe locks, electromechanical door locks, and electric strike locks.

Commercial segment to be the major revenue generating segment in 2026

In terms of end use, the digital door lock systems market is segmented into government, commercial, industrial, and residential. The commercial segment is expected to be the major revenue generating segment in 2026 due to the increasing demand for advanced security systems by the growing number of small scale as well as large scale enterprises amid growing security concerns. The commercial segment is expected to grow at a healthy CAGR of 29.2% over the forecast period.

Europe expected to continue to hold significant share in the overall market

Europe is expected to hold highest market share in the digital door lock systems market during the forecast period. The growth is mainly due to the increasing adoption of these systems amidst rising security concerns in the region by various end users including residential and commercial users.

Digital door lock systems are gaining popularity across the Asia Pacific region, especially across economies such as China, Japan, and India. This popularity is due to the growth of Micro, Small and Medium Enterprises (MSMEs) in the region which will increase the demand for security solutions to secure their premises amid growing security concerns.

Browse Complete Detail on Automotive LiDAR Market Research Report with TOC @ https://www.mrrse.com/digital-door-lock-systems-market-2017-2025

Cisco Systems, Inc., Onity Inc., ADT Inc., Assa Abloy Group, Vivint, Inc., Allegion PLC, Godrej & Boyce Manufacturing Co. Ltd., Honeywell International Inc., Panasonic Corporation, Johnson Controls, and August Home are some of the major players operating in the digital door lock systems market profiled in this study. Details such as financials, business strategies, recent developments, product implementation expertise, key contracts, certified professionals, digital door lock system offerings, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

Global Digital Door Lock Systems Market, by Type

Biometrics
Face Recognition
Iris Recognition
Palm Recognition
Voice Recognition
Signature Recognition
Fingerprint Recognition
Keypad Locks
Magnetic Stripe Locks
Electromechanical Door Locks
Electric Strike Locks
Global Digital Door Lock Systems Market, by End-use

Government
Commercial
Industrial
Residential
Global Digital Door Lock Systems Market, by Geography

North America
S.
Canada
Rest of North America
Europe
K
Germany
France
Rest of Europe

Enquire More about This Report @ https://www.mrrse.com/enquiry/17260

About (MRRSE)

Market Research Reports Search Engine (MRRSE) is an industry-leading database of Market Research Reports. MRRSE is driven by a stellar team of research experts and advisors trained to offer objective advice. Our sophisticated search algorithm returns results based on the report title, geographical region, publisher, or other keywords. 

MRRSE partners exclusively with leading global publishers to provide clients single-point access to top-of-the-line market research. MRRSE’s repository is updated every day to keep its clients ahead of the next new trend in market research, be it competitive intelligence, product or service trends or strategic consulting.

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