According to a new report Global Digital Door Lock System Market, published by KBV research, the Global Digital Door Lock System Market size is expected to reach $7.9 billion by 2023, rising at a market growth of 32.3% CAGR during the forecast period.
The Europe market holds the largest market share in Global Fingerprint Recognition Biometric Market by Region in 2016 and would continue to be a dominant market till 2023, growing at a CAGR of 27.6 % during the forecast period. The North America market is expected to witness a CAGR of 29.7% during (2017 – 2023) in Global Voice Recognition Market. Additionally, The Asia Pacific market is expected to witness a CAGR of 32.4% during (2017 – 2023) in Global Face Recognition Market.
The Commercial market holds the largest market share in Global Digital Door Lock System Market by End User in 2016 and would continue to be a dominant market till 2023. The Industrial market is expected to witness a CAGR of 33.5% during (2017 – 2023). Additionally, The Residential market would garner market size of $1,270.7 million by 2023.
Full Report: https://kbvresearch.com/digital-door-lock-system-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the Global Digital Door Lock System Market have been discussed in the report with the elaborated company profiles of Honeywell International Inc., Assa Abloy Group, Cisco Systems, Inc., United Technologies Corporation, Siemens AG, Panasonic Corporation, Nestwell Technologies, Vivint, Inc., Godrej Group (Godrej and Boyce), and Hanman International Pte Ltd.
By Type
By End User
By Geography
Companies Profiled
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Related Reports:
North America Digital Door Lock System Market (2017-2023)
Europe Digital Door Lock System Market (2017-2023)
Asia Pacific Digital Door Lock System Market (2017-2023)
LAMEA Digital Door Lock System Market (2017-2023)