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Europe RFID Locks Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Access Device, End-User

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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 ma ....

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Global RFID Locks Market Report 2021: Integration of AI with Locking System Gaining Prominence

Rising Penetration of Smartphones to Provide Growth Opportunities for RFID Locks Market
RFID Locks Market was valued at US$ 3,585.11 million in 2019 and it is projected to reach US$ 8,779.61 million by 2027; it is expected to grow at a CAGR of 12.6% from 2020 to 2027.
The global consumer electronics market is strongly driven by the significant adoption of smartphones among people of all age groups. The developing countries in APAC, the MEA, and South America are experiencing a substantial rise in number of smartphone users owing to increasing availability of low-cost smartphones.
Also, the Netherlands, Sweden, Australia, the US, Spain, Germany, the UK, and France are among the advanced economies where smartphone ownership is high owing to rising disposable income. For instance, ViAge Technology - a provider of magnetic stripe & smart card applications - offers Esmart Mobile access locks. ....

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Global RFID Locks Market Report 2021: Integration of AI with Locking System Gaining Prominence

Global RFID Locks Market Report 2021: Integration of AI with Locking System Gaining Prominence
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United States , United Kingdom , Asia Pacific , Laura Wood , Dormakaba Group , Qilocks Equipment Ltd , Fletcher Group , Boyce Manufacturing Company Ltd , Samsung Group , Bai Fu Co Ltd , Product Development , Aerospace Defense , Digilock Security People Inc , Locks Sa Nv Lowe Fletcher Group , Godrej Boyce Manufacturing Company , Market Initiative , Office Hours Call , Research Methodology , Onity Inc , Viage Technology , Electronic Components Industry Association , Bai Fu Co , E St Office Hours Call , Senseon Accuride International Inc , Market Forecast , Global Analysis ,