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New York, April 27, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report Europe RFID Locks Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Access Device, End-User - https://www.reportlinker.com/p06064959/?utm source=GNW The scope of using advanced access solutions such as RFID looks is gaining high traction. The inclination toward procurement of electromechanical products over traditional locking systems has increased drastically; and is expected to continue and give various growth opportunities to the users of smart locking system. Factors such as growing hospitality sector especially hotel and tourism industry across the different parts of the world is contributing toward the construction of new commercial buildings including hotels. Growth in government funding to boost hospitality sector and plans to make hotels with larger number of rooms is directly driving the growth of the RFID locks; thereby stimulating the market grow
North America RFID Locks Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Access Device, End-User The North America RFID locks market is expected to grow from US$ 802. 93 million in 2019 to US$ 1,654. 37 million by 2027; it is estimated to grow at a CAGR of 10. 2% from 2020 to 2027. Technological innovations, strong economy, and emerging technologies facilitates development of latest & convenient solutions for the end users.
April 23, 2021 09:25 ET | Source: ReportLinker ReportLinker Lyon, FRANCE
New York, April 23, 2021 (GLOBE NEWSWIRE) Reportlinker.com announces the release of the report North America RFID Locks Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Access Device, End-User - https://www.reportlinker.com/p06065021/?utm source=GNW