Press release
Biometrics Locks Market Trends, Growth Opportunities, Industry by Forecast 2027|ASSA ABLOY, Samsung Digital Life
Global Biometrics Locks Sales Market Report 2021The Biometrics Locks Market research report provides an in-depth analysis of the current’s trends, latest developments, scenario, market size, various drivers, restraints, and major players along with their profile details. Research report offers the historic data for year 2021 and 2027 and also provides the forecast data from year 2021 to 2027 which is based on revenue. With the help of all these information research report helps the market participants to improve market positions. With the help of all these insights Biometrics Locks market research report recommends a business strategy for present market participants to strengthen their position in the market.
The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: ASSA ABLOY, Samsung Digital Life, dormakaba Group, Stone Lock, ADEL Locks, Tapplock Corp., Allegion, Westinghouse Security, iTouchless, Anviz Global, Yale Locks India, Ardwolf, UBKEY Innovation, ZKTeco HK, Jiangmen Keyu Intelligence
INDUSTRY NEWS
(ASSA ABLOY) announced the launch of the Wi-Fi Smart Lock, which sports a brand-new compact design and built-in Wi-Fi connection. The device comes in the size of a standard doorknob and is 45% smaller in volume and 20% slimmer than the August Smart Lock Pro. The new built-in Wi-Fi feature eliminates the need to pair it with an external bridge.
The Global Biometrics Locks Market Size is Projected to Reach at a CAGR of 11.23% during 2021-2027.
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MARKET OVERVIEW
The connectivity to smart home technology is further enabled with communication technologies such as Wi-Fi, Z-Wave, ZigBee, Thread, and Propriety. Sometimes all of these technologies are included in the same device. For instance, in CES 2020, Netatmo, a smart home devices manufacturer based out of France, announced the launch of Netatmo Smart Door Lock, a smart door lock, and the keys are compatible with Apple’s HomeKit standard. The company ships with three physical keys that use NFC to instantly and securely unlock the door.
Covid-19 Impact and Recovery Analysis:
The number one goal of this Biometrics Locks Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided surely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Biometrics Locks market document.
Biometrics Locks market Segmentation By Type:
Fingerprint Recognition
Face Recognition
Iris Recognition
Biometrics Locks market Segmentation By Application:
Residential
Non-Residential
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Regional Analysis:
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
REGIONAL OUTLOOK
United States is Expected to Grow Significantly
The adoption of smart locks is still not prevalent in the United States, in comparison with the adoption of other smart home devices. According to a recent study conducted by the Consumer Technology Association (CTA), about 69% (translates to 83 million households) of U.S. households now own at least one smart home device. Of which, the adoption of smart speakers in the country is high, with a rate of 28%, whereas the adoption of smart locks only 10%—statistics such as this highlight the opportunity for market players by following proper marketing strategies.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Biometrics Locks Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Biometrics Locks Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth.
The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Biometrics Locks industry?
What is the predicted compound annual growth rate (CAGR) of the global marketplace during the forecast period (2021-2027)?
What could be the anticipated value of the Biometrics Locks marketplace in the during the forecast period?
Impact of COVID-19:
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the Biometrics Locks market report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Customization: -
The Global Biometrics Locks Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for any of our Market Intelligence Data reports at no additional cost to all of our Users.
About Us:
Market intelligence data is a global front-runner in the research industry, offering contextual and data-driven research services to customers. Customers are supported in creating business plans and attaining long-term success in their respective marketplaces by the organization. The industry provides consulting services, Market Intelligence Data research studies, and customized research reports.
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Irfan Tamboli (Head of Sales) – MARKET INTELLIGENCE DATA
Phone: +1 (704) 266-3234
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