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RFID Locks Market to Reach $9.93 Billion, Globally, By 2027 at 19.4% CAGR: Allied Market Research
PORTLAND, Ore., March 2, 2021 /PRNewswire/ Allied Market Research published a report, titled, RFID Locks Market By Access Device (Key Cards, Mobile Phone, and Wearables) and End User (Residential, Hospitality, Automotive, Government, Retail, BFSI, and Other): Global Opportunity Analysis and Industry Forecast, 2020-2027 . According to the report, the global
RFID locks industry generated
$9.93 billion by 2027, witnessing a
CAGR of 19.4% from 2020 to 2027.
Prime Determinants of Market
High utilization in the commercial and government sectors, surge in adoption of smartphones, and demand for access control systems with NFC drive the global RFID locks market. However, unaffordable prices of security solutions hinder the market growth. On the other hand, high development of smart homes presents new opportunities in the coming years.
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Press release content from Wired Release. The AP news staff was not involved in its creation.
Improvement On: Retail Ready Packaging Market Extensive GLobal and Regional Demand In Upcoming Years 2021-2030: Market.Biz
January 28, 2021 GMT
Pune, Maharashtra, January 28 2021 (Wiredrelease) Market.Biz :Global Retail Ready Packaging Market was valued at USD 57,820 Million in 2020, and Market.Biz analysts predict the global market size will reach USD 73,295.6 Million by the end of 2030, with the growing CAGR of 2.4% between 2021-2030.
The Retail Ready Packaging Market report provides a detailed dashboard overview of leading companies that encompasses their successful marketing strategies, market contribution, and recent developments in both historical and present contexts. The Retail Ready Packaging Market report includes market share, CAGR, production, consumption, revenue, gross margin, cost, and industry influencing factors in global regions.
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